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03.11.2025 − 09.11.2025
The Information
Theo Wayt @ The Information 2 place · 11/04/2025 09:54 EDT

Norway’s Sovereign Wealth Fund to Vote Against’s Elon Musk’s Tesla Pay Package

Norway’s sovereign wealth fund plans to vote against Tesla’s proposed $1 trillion CEO compensation package for Elon Musk, the fund said on Tuesday. Norges Bank said in a disclosure that it was “concerned about the total size of the award, dilution, and lack of mitigation of key person risk.” The ... Read more ›

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The Information
Wayne Ma @ The Information · 11/04/2024 22:44 EDT

Apple has invited select employees to join a focus group that will provide feedback about smart glasses currently on the market, Bloomberg reported. The move could be a sign that Apple is exploring the development of its own smart glasses, a product category that Snap and Meta have popularized ... Read more ›

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The Information
Martin Peers @ The Information · 11/04/2024 20:00 EDT

What’s the cheapest stock around right now? That has to be ByteDance, the privately owned Chinese tech giant that owns TikTok. As we reported today, ByteDance lifted its first-half revenue about 35% to $73 billion, which means it is now about as big as Facebook owner Meta Platforms but growing faster. In the first half, Meta’s revenue increased 25% to $75.5 billion. And yet Meta has a market capitalization of... Read more ›

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The Information
Abram Brown @ The Information · 11/04/2024 18:41 EDT

Election Day 2024 hasn’t yet dawned, but Andreessen Horowitz, which has become a major political player in recent years, is already looking ahead to 2026, pledging $23 million to a pro-crypto PAC. The PAC, Fairshake, has emerged as one of the most influential lobbying groups in Washington and ... Read more ›

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The Information
Jon Victor @ The Information · 11/04/2024 18:05 EDT

Palantir, which sells artificial intelligence for analyzing data, on Monday raised its full-year 2024 revenue projection for the third time this year after growth accelerated in the third quarter. Demand for its software boosted revenue 30% to $725 million in the quarter, compared to the same ... Read more ›

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The Information
Amir Efrati @ The Information · 11/04/2024 18:04 EDT

Nvidia has had discussions to invest in xAI’s latest financing round, which could value the OpenAI rival at around $45 billion, representatives for xAI told a prospective investor. The talks come just five months after xAI raised $6 billion at a $24 billion valuation. The 18-month-old startup ... Read more ›

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The Information
Kevin McLaughlin @ The Information · 11/04/2024 18:00 EDT

Perplexity co-founder and CEO Aravind Srinivas, already under fire from several media organizations, waded into a labor dispute between the New York Times and the company’s technical staff who went on strike Monday. In an X post directed to A.G. Sulzberger, the Times’ publisher, Srinivas said ... Read more ›

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The Information
Juro Osawa @ The Information 3 place · 11/04/2024 16:36 EDT

TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024, according to two people with knowledge of the financial results. As TikTok accounts for most of ByteDance’s revenue outside China, the growth suggests that TikTok’s advertising and other businesses have remained strong despite the threat of a U.S. ban. ByteDance’s overall revenue in the first half—mainly coming from advertising and... Read more ›

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The Information
Aaron Holmes @ The Information · 11/04/2024 16:23 EDT

T-Mobile agreed to pay OpenAI roughly $100 million over the next three years as part of a deal to use the startup’s technology, The Information reported on Monday. T-Mobile is paying to use OpenAI’s models to develop a new customer service chatbot that will aim to remember customer-specific data ... Read more ›

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The Information
Kate Clark @ The Information · 11/04/2024 15:13 EDT

The stakes for Silicon Valley in Washington have never been higher, as Democrats and Republicans argue over how to best ensure America’s tech supremacy. We’ve mapped out how, if elected, each presidential candidate would change aspects of tech, from antitrust and AI to China and crypto, based on their comments and people closely following their campaigns. Read more ›

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The Information
Josh Koehn @ The Information · 11/04/2024 14:13 EDT

On the eve of the election, venture capitalist and San Francisco mayoral candidate Mark Farrell has agreed to pay a record ethics fine for violating rules on campaign contribution limits. The city’s Ethics Commission on Monday said it will fine Farrell more than $108,000 after finding that a ... Read more ›

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The Information
Martin Peers @ The Information · 11/04/2024 11:35 EDT

The New York Times spent $7.6 million on its lawsuit against OpenAI and Microsoft in the nine months through Sept. 30, it disclosed on Monday, demonstrating the high cost for publishers of fighting AI firms. Most of that total—$4.6 million—was spent in the third quarter, the Times reported. The ... Read more ›

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The Information
Kate Clark @ The Information · 11/04/2024 10:48 EDT

Physical Intelligence, a startup developing software for robots, has raised $400 million in a round led by Jeff Bezos, Thrive Capital and Lux Capital, according to The New York Times. OpenAI, Redpoint Ventures and Bond also participated in the financing, which valued the startup at $2 billion. ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 11/04/2024 10:00 EDT

Since generative AI exploded onto the scene two years ago with the release of ChatGPT, we’ve seen the rise and fall of various creative hacks developers have used to eke out better performance and lower costs from large language models. And over the past few months, I’ve seen a flurry of new tricks and hacks pop up in conversations with developers. In the past, the hacks have ranged from prompt... Read more ›

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The Information
Aaron Holmes @ The Information · 11/04/2024 09:00 EDT

Corporate Spending on OpenAI Threatens Salesforce, Other Enterprise Apps

Artificial intelligence is supposed to transform the business world and boost the software industry that’s selling it. But as companies spend more money on chatbots and other conversational AI (see related chart), some say they plan to reduce spending on other types of software, such as expensive enterprise applications and non-AI cloud services. That could limit the upside from AI for providers of cloud services and enterprise software. Take C1,... Read more ›

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The Information
Aaron Holmes @ The Information · 11/04/2024 09:00 EDT

Companies large and small are incorporating more artificial intelligence into their workflows and products. Interviews with tech executives and new data reveal that some companies are on track to spend tens of millions of dollars annually on conversational AI powered by large language models. This list is a first-of-its-kind look at how 50 companies are using the technology, whose models they are using, and how much they are spending. (See... Read more ›

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The Information
Abram Brown @ The Information 1 place · 11/02/2024 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Why Musk wins no matter who wins the White House• Biotech: A scientist with Bezos’ and Gates’ money—and possibly a better brain chip• Health and Fitness: Startups eye a gold rush in electrolytes• Plus: The superbabies from the past look like our future; a baby oligarch runs amok; and the wine flows down Ellis Street.Round up all the usual suspects!OK, I’m being... Read more ›

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The Information
The Information 3 place · 11/02/2024 08:00 EDT

“I haven’t been hung over in seven years,” said Jahaan Ansari, the bearded, muscled co-founder of Gainful, a New York–based startup. Ansari may be in that fortunate position partly because he has yet to hit his 30s—he’s just 29—but he also credits what Gainful sells: powdered electrolytes. Electrolytes such as calcium, sodium and potassium combine with water to help the body manage the electric charges between nerves, cells and muscles.... Read more ›

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The Information
The Information 1 place · 11/02/2024 08:00 EDT

Shortly after 2 a.m. on a Saturday in a midtown Manhattan sports bar packed with Aussies, Dr. Tom Oxley was feeling stunned. The underdog Brisbane Lions, his longtime favorite Australian rules football club, was up 73 to 27 against the Sydney Swans going into the second half of the championship match. “It’s a good start,” Oxley acknowledged, clad in his typical game-day fit, a maroon, blue and yellow Lions jersey.... Read more ›

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The Information
Anissa Gardizy @ The Information 2 place · 11/01/2024 23:56 EDT

U.S. energy regulators on Friday rejected a proposal related to Amazon Web Services’ deal to buy nuclear power for several data centers for artificial intelligence in Pennsylvania, according to a public filing. In a split vote, the Federal Energy Regulatory Commission denied a request to ... Read more ›

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The Information
Kevin McLaughlin @ The Information · 11/01/2024 23:40 EDT

Okta, an identity and access management software provider, has fixed a vulnerability that could have let anyone log in to customers’ networks without a password over the past three months, the company said in a post earlier this week. The flaw only applies to usernames with more than 52 ... Read more ›

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