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The Information
Anissa Gardizy @ The Information · 12/03/2024 14:13 EDT

Amazon on Tuesday unveiled half a dozen artificial intelligence models the company plans to sell to cloud customers and which it said were comparable to models sold by Google, Anthropic, OpenAI and others. It also showed a new version of its AI data center chip, which it is using to build a ... Read more â€ș

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Russell Spitler @ The Information · 12/03/2024 13:42 EDT

There’s much talk about superintelligent artificial intelligence that controls humans, leading to a grim dystopian future. That’s still largely hypothetical. A more immediate AI risk is playing out under our noses: a cascading, AI-fueled cyberattack. Read more â€ș

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Sylvia Varnham O'Regan @ The Information · 12/03/2024 11:03 EDT

Meta Exec Says Company’s Content Moderation Has Been too Heavy Handed

Meta Platforms President of Global Affairs Nick Clegg said in a blog post Tuesday that the company was committed to “enabling free expression,” as Meta leaders seek to endear themselves to the incoming Trump administration. In the post, Clegg acknowledged that Meta had gone overboard on content ... Read more â€ș

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The Information
Anissa Gardizy @ The Information · 12/03/2024 10:00 EDT

Amazon Web Services’ annual conference for customers kicks off this morning with products AWS Chief Matt Garman said would be “needle-moving.” But what happened to the products unveiled by AWS at last year’s re:Invent?A year ago, Garman’s predecessor, Adam Selipsky, tried to make a splash by unveiling an artificial intelligence chatbot and assistant, Amazon Q. You might not have heard much about Q since then.At the time, AWS was combating... Read more â€ș

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Theo Wayt @ The Information · 12/03/2024 09:00 EDT

The growth of Temu and Shein has spurred the rise of little-known delivery startups that help them keep prices ultralow for shoppers. Now those budget delivery services are facing a growing number of legal complaints about their pay practices. With a click of a button, shoppers on these and other sites like AliExpress set in motion a delivery chain that often starts in China and ends at their doorsteps, with... Read more â€ș

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The Information
Juro Osawa @ The Information · 12/02/2024 22:29 EDT

WeDoctor, a Chinese online healthcare company backed by tech giant Tencent, plans to submit an application this month for an initial public offering in Hong Kong that could raise as much as $500 million, the South China Morning Post reported. The company, whose investors include Chinese venture ... Read more â€ș

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The Information
Rocket Drew @ The Information 3 place · 12/02/2024 21:45 EDT

Super Micro, a maker of servers for data centers, on Monday said an independent investigation into its accounting practices found “no evidence of misconduct.” Its shares surged 29% to $42. The San Jose, Calif., company’s board hired outside lawyers and accountants to perform the investigation in ... Read more â€ș

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The Information
Martin Peers @ The Information · 12/02/2024 20:00 EDT

Judge Rebuffs Musk; Intel Searches for a Savior

These are heady days for Elon Musk, whose friendship with Donald Trump has accentuated his already immense power in the tech industry. But there’s one quarter where Musk can’t yet get what he wants: the Delaware courts.Late Monday afternoon, the Delaware judge hearing the long-running fight over Musk’s Tesla pay package reaffirmed her January ruling rescinding the package, which after Tesla’s recent rally is worth a whopping $101 billion. Tesla... Read more â€ș

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The Information
Scott Thurm @ The Information · 12/02/2024 18:07 EDT

A Delaware judge rejected Tesla CEO Elon Musk’s bid to reinstate a multi-billion-dollar pay package, despite a shareholder vote supporting the plan. Chancery Court Judge Kathaleen St. J. McCormick stuck by her January ruling that Tesla’s board was too much under Musk’s influence ... Read more â€ș

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The Information
Nick Wingfield @ The Information · 12/02/2024 18:00 EDT

Judge Again Denies Musk’s Tesla Pay Package

A Delaware judge has rejected Elon Musk’s request that the court reinstate a gigantic pay package from Tesla, the largest executive compensation award in corporate history. The judge, Chancellor Kathaleen McCormick, denied a challenge from Musk and the Tesla board of directors to her January ... Read more â€ș

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The Information
Rocket Drew @ The Information · 12/02/2024 17:44 EDT

Fidelity Investments marked up its equity stake in Elon Musk’s X by 32% in October, according to a recent investor filing. The markup follows several markdowns over the past couple of years, since the 2022 buyout of X, formerly known as Twitter. Even accounting for the latest markup, ... Read more â€ș

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The Information
Jessica E. Lessin @ The Information · 12/02/2024 17:02 EDT

On the latest More or Less:  A debate over the "tech bro" and a special guest from Hollywood. Hope you enjoy! Apple Spotify YouTube Read more â€ș

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The Information
Akash Pasricha @ The Information · 12/02/2024 12:00 EDT

Brex’s org chart, as it is today, is practically unrecognizable from a year ago. Six of CEO Pedro Franceschi’s seven direct reports stepped into their roles in the past 12 months. Plus, two co-CEOs ran the corporate card company until June, when co-founder Henrique Dubugras exited. This overhauled slate of top leaders is overseeing efforts to jump-start growth and stem cash burn at Brex. The company laid off one-fifth of... Read more â€ș

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The Information
Sri Muppidi @ The Information · 12/02/2024 10:00 EDT

Some recent fundraisings, including for video generator Synthesia, have suggested valuations for AI startups are coming down to earth. But at 30 times next year’s revenue, you wouldn’t exactly call these deals cheap. You could, however, use that description for the startups that provide computing resources to AI developers.Take Lambda, a 12-year-old startup that rents out Nvidia chips to AI developers via its cloud service and on-premise servers. It has... Read more â€ș

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The Information
Martin Peers @ The Information · 12/02/2024 09:24 EDT

Pat Gelsinger stepped down abruptly as CEO of Intel, less than four years after taking the helm of the struggling chip maker, signaling the board has lost patience with his efforts to turn around the company. In a short statement on Monday morning, Intel said Gelsinger had “retired from the ... Read more â€ș

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The Information
Jon Victor @ The Information · 12/02/2024 09:00 EDT

New managers acclimating to life at data analytics software firm Databricks are often shocked when CEO Ali Ghodsi calls up one of their team members out of the blue to question them about a product they’re working on. Or drops into a low-level meeting unannounced. Or phones the data scientists working for a customer. For Ghodsi, it’s an opportunity to avoid something he despises: whitewashed reports from executives about problems... Read more â€ș

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The Information
Qianer Liu @ The Information · 12/02/2024 05:01 EDT

The U.S. is restricting the sale to China of advanced memory chips that are crucial for artificial intelligence development, as part of its annual updates to export controls designed to prevent China from accessing cutting-edge semiconductor technology for military use. This year’s updates cover ... Read more â€ș

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The Information
Nick Wingfield @ The Information 1 place · 11/30/2024 23:55 EDT

U.S. shoppers spent 10.2% more on Black Friday compared to the same day a year earlier, according to one tracker of real time online spending. Adobe Analytics said in a report on holiday shopping that U.S. shoppers spent $10.8 billion online the day after Thanksgiving, when many retailers offer ... Read more â€ș

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The Information
Nick Wingfield @ The Information 1 place · 11/30/2024 20:01 EDT

Elon Musk asked a court to stop OpenAI from converting to a for profit enterprise and engaging in other behavior that could hurt its rivals, including Musk’s own artificial intelligence startup, xAI. In a filing late Friday, Musk said that the court should halt the for-profit conversion because ... Read more â€ș

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The Information
Abram Brown @ The Information 3 place · 11/30/2024 10:00 EDT

Welcome, Weekenders! In this newsletter:‱ Shopping: The Information’s 2024 Holiday Gift Guide * E-commerce: A bet on Big Brother billboards ‱ The Top 5: What to wear to Silicon Valley’s holiday parties ‱ Plus, we feast!: A lover scorned and scorched; a buddy film seasoned with punchlines and pathos; the TikToker who cheeses for the camera; and a Campari-nixed Negroni.Reid Hoffman may leave America. Hoffman, one of the most active... Read more â€ș

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13.11.2025 18:02
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