The Information

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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
Kate Clark @ The Information · 08/30/2024 23:07 EDT

Covariant Founders Will Join Amazon in Latest Acqui-Hire

Amazon has hired the founders of the industrial robotics company Covariant, the e-commerce giant announced in a blog post on Friday. The deal follows a trio of other acqui-hires, including Microsoft’s acquisition of artificial intelligence company Inflection’s founders and most of ... Read more ›

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The Information
Julia Hornstein @ The Information · 08/30/2024 19:38 EDT

Brazil blocked short-form social app X, formerly known as Twitter, on Friday after owner Elon Musk didn’t comply with a Brazilian judge’s order to suspend some accounts on the platform. Brazilian Supreme Court justice Alexandre de Moraes told internet providers in the country to restrict access ... Read more ›

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The Information
Martin Peers @ The Information · 08/30/2024 19:35 EDT

The constantly humming AI-news machine revved up a notch this week, what with Nvidia’s earnings report, news about OpenAI’s fundraising and the first ever data about how many people are using Meta AI. But potentially the biggest development was the passage in the California legislature of SB 1047, aimed at addressing the risks of AI. It has sparked enormous debate within the industry, which is sure to intensify in the... Read more ›

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The Information
Laura Mandaro @ The Information · 08/30/2024 19:22 EDT

A California bill that could penalize the makers of large artificial intelligence models if they’re found to cause harm is headed to California Gov. Gavin Newsom, where its outcome is uncertain. “I do not know what the governor will do,” said Scott Wiener, the state senator from San Francisco who authored SB 1047, in a broadcast interview with The Information Friday morning. Uncertainty about Newsom’s decision has given developers, venture... Read more ›

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The Information
Kalley Huang @ The Information · 08/30/2024 14:16 EDT

Meta Platforms’ artificial intelligence assistant, Meta AI, has more than 185 million weekly active users, CEO Mark Zuckerberg said in a post on Threads Thursday. The assistant has more than 400 million monthly active users, he said, confirming The Information’s previous reporting. “Growing ... Read more ›

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The Information
Jessica E. Lessin @ The Information · 08/30/2024 13:36 EDT

Should you have free speech inside America if you are not an American? That was one of the meaty questions we discussed this week, following the arrest of Telegram founder Pavel Durov. The gang took the opportunity to check in on deeper questions that remain unanswered about freedom of speech and censorship. While the topic can feel abstract, I enjoyed my fellow cohosts' perspectives and thoughts, which challenged mine. Plus,... Read more ›

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The Information
Simon Parkin @ The Information · 08/30/2024 12:00 EDT

The Aging Videogame That Fuels Fake Wars

A few months ago, a user from Chongquing, China, posted a video to Chinese social media platform Weibo, which has more than half a billion active users. The grainy 26-second clip appears to have been filmed on a primitive camcorder: We see a barrage of rockets ascend from a small vessel into a dusky sky, then streak toward a nearby aircraft carrier. A lens-trembling explosion follows. The video’s title claims... Read more ›

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The Information
Theo Wayt @ The Information 2 place · 08/30/2024 10:31 EDT

A new version of Amazon’s Alexa voice assistant that the company plans to release in October will primarily use Anthropic’s Claude artificial intelligence models, Reuters reported on Friday. The reported reliance on technology from Anthropic, a startup backed by Amazon and Google, comes despite ... Read more ›

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The Information
Theo Wayt @ The Information · 08/30/2024 09:00 EDT

Over the past two years, Amazon CEO Andy Jassy has sat down with some of the most high-profile CEOs in the social media business to discuss a range of topics including Amazon Web Services, which many of the social media companies use. Also on the agenda: letting Amazon sell its goods within TikTok, Instagram and other apps through a new kind of advertisement on those services. The meetings brought Jassy... Read more ›

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The Information
Juro Osawa @ The Information · 08/30/2024 04:31 EDT

Intel and investment banks are discussing strategic options aimed at turning around the U.S. chip giant’s struggling business, Bloomberg reported. Intel, which reported a net loss of $1.6 billion for the second quarter, is exploring various scenarios including a split of the company’s product ... Read more ›

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The Information
Stephanie Palazzolo @ The Information · 08/29/2024 20:12 EDT

Artificial intelligence developers are waking up to the potential implications of the California legislature’s passage on Thursday of a first-of-its-kind bill. SB 1047 would require developers to monitor what their customers do with their AI and to pay steep fines if the software causes harm—for instance, if someone hacks into an autonomous vehicle and causes a collision. The bill is heading to the desk of Gov. Gavin Newsom after passing... Read more ›

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The Information
Cory Weinberg @ The Information · 08/29/2024 20:00 EDT

Why OpenAI Needs an IPO

The elite circle of the world’s most valuable private companies face a steady chorus of will-they-or-won’t-they IPO chatter from investors and bankers (and me). It helps to cut through the rumors by thinking through the reasons why a company might want or need to go through the expensive ritual (lawyer fees, new scrutiny, dealing with the Securities and Exchange Commission…) of going public.Many of those elite companies have been able... Read more ›

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The Information
Josh Koehn @ The Information · 08/29/2024 19:06 EDT

California legislation to regulate artificial intelligence is on its way to Gov. Gavin Newsom’s desk after passing out of the state Senate on Thursday by a 29-9 vote. Newsom, who has yet to take a public position on SB 1047, will have until Sept. 30 to sign or veto the bill, which drew strong ... Read more ›

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The Information
Kalley Huang @ The Information · 08/29/2024 18:39 EDT

Character.AI, the chatbot maker whose co-founders were rehired by Google as part of a deal earlier this month, laid off staff on Thursday, according to a note to employees viewed by The Information. At least 5% of Character’s roughly 120 employees were cut, according to a person briefed by ... Read more ›

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The Information
Kalley Huang @ The Information · 08/29/2024 18:38 EDT

OpenAI’s ChatGPT has more than 200 million weekly active users, a spokesperson for the company said Thursday. That’s double the number of users it reported at its developer conference last November. “People are using our tools now as a part of their daily lives, making a real difference in areas ... Read more ›

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The Information
Kalley Huang @ The Information · 08/29/2024 18:33 EDT

Meta Platforms’ artificial intelligence assistant, Meta AI, had at least 400 million monthly active users and 40 million daily active users in early August, less than a year after launching the product, The Information reported. Meta has pushed its assistant to the more than 3 billion people who ... Read more ›

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The Information
Kate Clark @ The Information · 08/29/2024 18:13 EDT

For weeks we’ve been talking to investors about an expected funding round for OpenAI. The mega financing is finally happening! CEO and co-founder Sam Altman has told employees the company is raising more money, according to a person with direct knowledge. But not every investor approves of the staggering new valuation.  Read more ›

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The Information
Kaya Yurieff @ The Information · 08/29/2024 17:03 EDT

Former San Francisco 49ers quarterback Colin Kaepernick has spent the past several years building his own media and publishing companies. The efforts showed him some of the challenges people face when trying to get their creations out into the world, from production costs to publishers shooting down their ideas.  Last month, he launched Lumi, a new artificial intelligence startup that provides tools to independently create, publish and merchandise their own... Read more ›

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The Information
Ann Gehan @ The Information · 08/29/2024 16:40 EDT

Affirm shares closed more than 30% higher on Thursday, a day after the installment lender said it expects to turn profitable on a GAAP basis by the fourth quarter of its fiscal year ending next June. CEO Max Levchin said in an investor letter that the company would likely benefit from lower ... Read more ›

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The Information
Kalley Huang @ The Information 1 place · 08/29/2024 15:55 EDT

Meta Platforms CEO Mark Zuckerberg wants his company’s artificial intelligence assistant, Meta AI, to be the world’s “most used AI assistant” by the end of this year, eclipsing OpenAI’s ChatGPT. He seems to be making progress. In early August, less than a year after its debut, Meta AI had at least 400 million monthly active users and 40 million daily active users, according to two current employees. Read more ›

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