Microsoft Executive Vice President Rajesh Jha, who oversees the business unit that includes Windows, Office, and Microsoft’s Surface devices, will retire July 1, he said in a memo to staff Thursday. Jha has spent more than 35 years at Microsoft, including two decades at the helm of the company’s ... Read more ›
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Salesforce raised $25 billion in bonds, the company confirmed, and has struck deals with “financial institutions” to buy back that much in stock. A $25 billion buyback would shrink Salesforce’s outstanding shares by about 13%. Salesforce shares were trading up 3.4% on Thursday morning. Such ... Read more ›
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Enthusiasm for OpenClaw, the popular open-source software for powering personal AI agents using personal computers, has been tempered by a number of embarrassing security snafus, such as when OpenClaw started mass-deleting emails from Meta alignment director Summer Yue’s inbox.In China, where developers are arguably even more enthusiastic about OpenClaw than their Western counterparts, government agencies and state-owned enterprises have warned their employees against installing OpenClaw agents on office d Read more ›
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Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they celebrated the company’s expansion in Australia with a swanky party at a greenhouse in Sydney’s Royal Botanic Garden. The Winklevoss twins appeared via video link before a DJ played for a throng of supporters. “We’re in Australia for good,” James Logan, the new head of Australia for the crypto exchange, Gemini Space Station, said on social... Read more ›
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AI coding startup Cursor is in discussions with investors to raise a funding round that could value the startup at $50 billion, Bloomberg reported on Wednesday. The discussions are preliminary and may not result in a funding deal, the report said. Cursor last raised $2.3 billion at a $29.3 ... Read more ›
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Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies funded by the investment firms, The Information reported on Wednesday. The proposed joint ... Read more ›
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Anthropic is in talks with a consortium of private equity firms including Blackstone and Hellman & Friedman about forming an AI-focused joint venture to sell the Claude maker’s technology to companies funded by the investment firms, according to a person involved in the discussions and another person who was briefed about it. The recent conflict between the Department of Defense and Anthropic temporarily impacted the joint venture discussions, one of... Read more ›
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If you’re in need of a billion or two in cash, why not hit up Jensen Huang? The Nvidia CEO has plenty of money to spare, particularly if you’re in business with him in some way. Nvidia’s announcement on Wednesday that it was putting $2 billion into Nebius, a European AI data center developer, was the fourth investment in a business partner Nvidia has announced this month. Earlier this week... Read more ›
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Atlassian, which sells software that lets developers and other business teams collaborate on projects, is laying off around 1,600 employees, or around 10% of its staff, CEO Mike Cannon-Brookes announced in a blog post. Few companies have been harder hit by investors’ fears over the ... Read more ›
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AI customer service software provider Zendesk is acquiring Forethought, a nine-year-old startup that is one of its industry partners and competitors, for an undisclosed sum. The deal shows how larger firms are snapping up smaller rivals that develop AI agents that can perform multi-step tasks ... Read more ›
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Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The move is a signal that Binance.US plans to expand after resolving regulatory and banking troubles ... Read more ›
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Google has completed its $32 billion acquisition of the cybersecurity startup Wiz, the companies announced on Wednesday. Wiz will become part of Google Cloud, but Wiz customers can continue to use different cloud providers. The deal, Google’s largest-ever acquisition, was announced almost a year ... Read more ›
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Federal Communications Commission Chair Brendan Carr attacked Amazon in a Wednesday social media post after the company petitioned against a request by SpaceX for permission to launch one million satellites into space to create an orbital data center constellation. While it’s common practice in ... Read more ›
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Tesla and xAI are working together on a joint artificial intelligence project, Elon Musk said Wednesday. The move, which comes after turnover at xAI, is the latest shift in Musk’s plan to build AI designed to replace white collar workers. In a X post, Musk said “Macrohard or Digital Optimus is a ... Read more ›
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Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the same opportunity, according to a person with direct knowledge of the discussions and another person briefed about it. Meta Platforms is also in talks to lease the site, The Information previously reported. Setting up and running the proposed facilities... Read more ›
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Shopify Chief Financial Officer Jeff Hoffmeister said the e-commerce software company wasn’t yet seeing many transactions completed by AI shopping tools, even though shoppers are increasingly using chatbots to look for product recommendations. “As you think about true agentic commerce and how ... Read more ›
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Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The deal, announced by both companies Wednesday, adds to the growing tally of investments ... Read more ›
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Uber announced it would offer the Zoox robotaxi to customers starting this year. This is the first time the Amazon-owned self-driving car company has partnered with an outside ride-hailing app. Zoox will be available on the Uber app starting this summer in Las Vegas, and next year will be ... Read more ›
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For much more on AI finance, please join me and my colleague Cory Weinberg 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 buildout of AI is reshaping tech, finance, and capital markets. Learn more here.It’s hard to overstate how lucky AI developers were that their brilliant technical breakthroughs occurred when... Read more ›
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Online retailer Quince announced a new $500 million funding round Wednesday, more than doubling the company’s previous valuation to more than $10 billion, including the investment. The announcement confirms a report by The Information last week that the company was in talks with investors. The ... Read more ›
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28.04.2026 19:31
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