It’s not just software stocks that have been hammered by investor anxieties about the threat AI poses to software. Prices that investors are willing to pay for syndicated bank debt to software firms dropped nearly 7% in March from the previous year, according to Pitchbook, while prices for similar loans in other sectors fell fractionally. That big price drop is a sign that investor demand for debt from riskier software... Read more ›
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Chinese AI model developer Zhipu said its revenue last year more than doubled to 724 million yuan ($105 million), while its net loss widened sharply due to growing research and development expenses. The earnings report was Ziphu’s first since it went public in Hong Kong in January under the ... Read more ›
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Ailing shoemaker Allbirds agreed to sell itself for just $39 million, an ignominous end to the once-trendy venture-backed shoe firm that went public in 2021 with a valuation as high as $4 billion. Allbirds has been suffering declining sales for several years. On Tuesday it reported its full-year ... Read more ›
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Despite OpenAI’s decision to shutter Sora, other AI video developers aren’t giving up. Instead, they’re finding interesting new ways to make money from their video-generating models.Take LTX—a spinoff from Lightricks, the company behind the popular image editing app Facetune—which in January launched open-source AI software for video generation and editing that can run on a single laptop.People often use “open-source” and “free” interchangeably, but it’s not unheard of for developers... Read more ›
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Amazon Leo, the company’s upcoming alternative to SpaceX’s Starlink internet service, will power wifi on 500 Delta Air Lines planes, the companies said on Tuesday. Delta Air Lines currently offers wifi from Viasat and Echostar’s HughesNet, two satellite connectivity services that have been ... Read more ›
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The U.K.’s Competition and Markets Authority will investigate Microsoft’s sales of business software, the regulator said on Tuesday, citing concerns that Microsoft’s software licensing practices have reduced competition in the cloud computing market. The probe will last six months, after which ... Read more ›
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Whether professional investors think SpaceX is the stock of a lifetime or a grossly overvalued Elon Musk conglomerate, they will be under intense pressure to buy into its initial public offering at a $1 trillion–plus valuation. The most important question for many of them will be: Can I really afford to sit this out? Heightening Wall Street’s fear of missing out was Nasdaq’s approval on Monday to loosen the rules... Read more ›
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Alibaba Group has released the new generation of its large language model that can understand text, audio, images and video. But this time, the Chinese tech giant is releasing the model, Qwen3.5-Omni, as a proprietary model—unlike its open-source predecessor. The fact that Alibaba decided not to ... Read more ›
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DeepSeek’s AI chatbot suffered its longest outage since the Chinese company’s flagship model went viral early last year, with users reporting that both its website and app were down for over 10 hours from Sunday night. The service was restored Monday morning. DeepSeek offered no public ... Read more ›
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Here’s a startling statistic: The last time Amazon shares traded as cheaply as they are now, as a multiple of earnings, was during the 2008 financial crisis, according to Koyfin data. Indeed, Amazon’s stock is so cheap that it’s trading at a discount to Walmart for the first time ever. Considering that Amazon’s revenue is growing at roughly a 12%-plus annual basis, and Walmart at closer to 5%, the disparity... Read more ›
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Starcloud, a Washington state-based startup developing solar-powered data centers in space, said Monday it has raised $170 million in funding at a $1.1 billion valuation including the investment. Benchmark and EQT Ventures, a VC firm that spun out of private equity giant EQT, led the Series A ... Read more ›
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Last week, Apple removed vibe coding app Anything from the App Store, The Information reported Monday. Apple told the app maker that it had violated an App Store rule prohibiting apps from rewriting code that changes the functionality of the app. The move comes in the midst of a broader ... Read more ›
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Federal prosecutors in Manhattan are exploring whether certain bets on prediction markets have violated insider trading and other laws, CNN reported, citing unnamed sources. Officials for the U.S. Attorney for the Southern District of New York recently met with representatives of Polymarket to ... Read more ›
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Apple may have prematurely launched its artificial intelligence product in China. In an iOS update this week, some Chinese users noticed that Apple’s AI features, called Apple Intelligence, finally arrived on their iPhones. But soon afterwards, the update was pulled, according to Bloomberg’s ... Read more ›
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Microsoft on Monday announced new features in its 365 Copilot software, which uses AI features from both OpenAI and Anthropic to automate work in its Office and Teams products. One new feature, called Critique, uses OpenAI’s models to compile research on a topic, and then directs Anthropic’s ... Read more ›
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Apple appears to have escalated its crackdown on vibe coding by recently booting one such app out of its App Store for violating its rules. Last Thursday, Apple removed the app, Anything, from the App Store, according to Dhruv Amin, co-founder and CEO of the eponymous startup that makes the app. Apple’s action came a week after The Information reported that the company had blocked updates of vibe coding apps—which... Read more ›
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Nasdaq will change a rule for its flagship stock index to allow newly public companies to gain entry much more quickly, in a move that would help SpaceX and other companies expected to have gigantic initial public offerings this year. In a rule change outlined Monday and effective May 1, ... Read more ›
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Please join The Information at the New York Stock Exchange on Monday, April 27, for The Information’s “Financing the AI Revolution” forum. Hear from top executives and investors on how the rapid build-out of AI is reshaping tech, finance and capital markets. Learn more here.The energy dominance bulls in the Trump administration came to Houston last week to celebrate how U.S. natural gas is driving America’s lead in the AI... Read more ›
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Anthropic has gained more than a few new fans in recent months (unless you’re Under Secretary of Defense Emil Michael). Thanks to the strength of its automated coding tools, Anthropic more than doubled its annualized sales to $19 billion during the first two months this year. And it’s closing the revenue gap with larger rival OpenAI.But as the Notorious B.I.G. might have predicted, Anthropic’s success is bringing new problems. The... Read more ›
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The relentless decline in the crypto market is about to hit the six-month mark with no end in sight, prompting companies to cut staff and pivot to businesses such as stock trading and prediction markets. Bitcoin has lost half of its value since peaking early last October at $126,080, with other crypto assets down far more. Monthly trading volume for crypto is on track to be the lowest since January... Read more ›
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06.05.2026 06:14
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