Kalshi was sued by users for failing to pay $54 million to people who bet that Iranian Supreme Leader Ayatollah Ali Khamenei would leave office before March 1, after he was killed during the U.S. and Israeli airstrikes last month. After Khamenei’s death, Kalshi said it couldn’t pay out any ... Read more ›
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Nvidia’s tentative deal to invest as much as $100 billion in OpenAI to help it build 10 gigawatts of data center capacity over a period of years has stalled, the Wall Street Journal reported. Instead, as The Information reported Wednesday, Nvidia is in talks to immediately invest up to $30 ... Read more ›
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SpaceX brought in about $8 billion in profit last year on between $15 billion and $16 billion in revenue, Reuters reported Friday. That figure is earnings before interest, taxes, depreciation and amortization, which does not include capital expenditures. The fresh financials come as SpaceX ... Read more ›
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Last fall, a plane took off from Ottawa, Ontario, with some unusual cargo: a collection of nonviable human embryos and eggs. Once the aircraft reached a high altitude, the pilot made arcs in the air, creating short intervals of weightlessness that gave researchers on board a chance to study the possible effects of space-like microgravity on cells that are key to reproduction, according to Shawna Pandya, a Canadian space medicine... Read more ›
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China’s AI startups need backing, and a slew of recent initial public offerings in the country should convince U.S. venture capitalists to return to its tech sector, says a top Chinese investor. “U.S. capital has the highest propensity to invest in breakthrough technology, and this pocket of capital has been hesitant about China,” said Duane Kuang, founding managing partner of Qiming Venture Partners, an early backer of smartphone maker Xiaomi,... Read more ›
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ByteDance and Alibaba Group are both preparing to release their next flagship AI models around the Lunar New Year holiday in mid-February, in what could be the most consequential battle in the country’s tech sector, The Information reported. ByteDance is preparing to launch Doubao 2.0, its new ... Read more ›
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AI’s insatiable need for cash is proving to be a dream for dealmakers. Our scoop from Wednesday night that OpenAI was in talks to raise as much as $60 billion from Nvidia, Microsoft and Amazon was followed by a Wall Street Journal report today that Amazon alone might put in $50 billion. Meanwhile, Reuters reported on Thursday that Elon Musk was contemplating merging xAI and SpaceX ahead of an expected... Read more ›
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Before we get into today’s news, check out a string of scoops from my colleague Sri on the rivalry between OpenAI and Anthropic. OpenAI, she reported last night, is talking to Nvidia, Amazon, Microsoft about raising up to $60 billion to fill out its $100 billion fundraising, which would widen its funding lead over rival Anthropic. But Anthropic is narrowing the gap when it comes to another important metric—revenue. Sri... Read more ›
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Apple reported its fastest growth in years, fueled by its latest-generation iPhone 17 lineup. The iPhone business grew 23% to $85.3 billion in sales for the December quarter, the company reported Thursday afternoon. It’s the fastest pace of growth Apple has seen since 2021, when the pandemic ... Read more ›
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The U.S. Commodity Futures Trading Commission, which regulates prediction markets such as Kalshi and Polymarket in the U.S., plans to make new rules to provide clearer standards on the types of contracts such platforms can offer, the agency’s chairman Michael Selig said Thursday. The CFTC also ... Read more ›
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Optimism among The Information’s readers about the tech industry’s near-term outlook has fallen to its lowest level since President Donald Trump’s tariffs spooked markets last April, according to our latest monthly subscriber survey. This month, 38% of readers said conditions would worsen in the next six months, up from 25% in December 2025. At the same time, readers are keeping close tabs on how the AI investment boom is playing... Read more ›
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The chair of the U.S. House Committee on China said Nvidia’s “extensive technical support” of Chinese artificial intelligence startup DeepSeek helped the startup develop “frontier” AI models despite export controls that limited its access to Nvidia’s most advanced hardware, according to a letter ... Read more ›
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Apple has acquired Q.ai, an artificial intelligence startup specializing in “silent” communication technology. Founded in 2022, the Israel-based startup has largely kept its plans under wraps. Patents published last year describe technology for processing facial movements to understand nonvocal ... Read more ›
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Microsoft’s slightly-slowing growth in cloud server rentals cast a pall over its quarterly earnings report on Wednesday, but the company had a salve to numb that sting: It’s generating significant revenue from AI software subscriptions.During its earnings call, CEO Satya Nadella revealed one of the most hotly anticipated figures investors and competitors have been waiting for: it has 15 million paying users of 365 Copilot, the flagship AI features in... Read more ›
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The U.S. Department of Homeland Security on Wednesday released a new database describing its use of artificial intelligence last year, including how Immigration and Customs Enforcement, an agency within DHS, relied on technology from Palantir and OpenAI.ICE has been a flashpoint around the country after government agents fatally shot two people in Minneapolis, and after other deaths of people in ICE custody. Hundreds of tech workers have asked their companies... Read more ›
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The battle for AI dominance in China is reaching new heights. Tech giants ByteDance and Alibaba Group are both poised to release their next flagship AI models around the Lunar New Year holiday in mid-February, in what could be the most consequential battle in the country’s tech sector. ByteDance is preparing to release three new AI models—a large language model, an image generation model and a video model—next month, according... Read more ›
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OpenAI is planning to use eyeball-scanning orbs or Apple’s Face ID to make sure the users of its planned social media app are humans, not computers, according to Forbes. The orb is an iris scanner produced by Tools for Humanity, a company co-founded by OpenAI CEO Sam Altman. Verifying the ... Read more ›
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OpenAI is lining up huge checks from some of its biggest tech partners, as it seeks to raise up to $100 billion to fund growing demand for its AI. Nvidia, an existing investor whose chips power OpenAI’s AI models, is in talks to invest up to $30 billion, according to a person with knowledge of the situation. Microsoft, a longstanding backer with exclusive rights to sell OpenAI models to cloud... Read more ›
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Anaplan, a business-planning software provider owned by private equity firm Thoma Bravo, is taking steps toward an initial public offering and could file confidentially for the listing in the coming weeks, people familiar with the discussions said. The listing would be a sign that IPOs for PE-backed software companies could soon rebound. This would be Anaplan’s return to the public market after it was taken private by Thoma Bravo for... Read more ›
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Shares of C3.AI closed Wednesday 4% higher, after The Information reported late Tuesday that the company was in talks to merge with privately-owned Automation Anywhere. Automation Anywhere, last valued at $6.8 billion in 2019, develops software for automating repetitive tasks inside ... Read more ›
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If quarterly earnings announcements were a contest, Mark Zuckerberg would have won Wednesday. You might even say investors are coming to terms with Meta Platforms’ you-only-live-once approach to spending on AI. The owner of Facebook and Instagram reported stronger than projected fourth-quarter growth of 24% and projected that revenue growth would accelerate to 30% in the first quarter. Meta hasn’t grown that fast since the go-go days of 2021. To... Read more ›
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14.03.2026 13:59
Last update: 13:50 EDT.
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