Welcome, Weekenders! In this newsletter:• The Big Read: The tech elite are using AI to supercharge their cancer battles • Artificial Intelligence: Should AI and Christianity mix? • Tech Culture: Amid AI backlash, billionaires demand new breed of bodyguard—plus, inside the star-studded Breakthrough Prize gala • Plus, Recommendations—our weekly pop culture picks: “Family Lore,” “The Long Run” and “Scream 7”Let’s get straight to one of the biggest happenings at Google... 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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The global memory chip shortage sparked by the AI boom has prompted companies including Google and Nvidia to spend more effort on alternatives that could ease the supply crunch. One of them is a technology that allows servers to share memory across a data center.The technology, Compute Express Link, or CXL, is seven years old but was slow to take off until recently, in part because it slows down data... Read more ›
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Amazon raised $37 billion in bonds, the company confirmed in a securities filing on Wednesday, buttressing its balance sheet as it ramps up its investment in AI. the bonds range from two year notes to 50 year notes. The debt-raising comes just four months after Amazon raised $15 billion in ... Read more ›
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With OpenAI suddenly scaling back on chatbot checkouts, its foray into shopping hinges on convincing retailers to set up shop with dedicated apps within ChatGPT—and getting people to buy stuff there. It faces hurdles on both fronts. ChatGPT apps have been around for just a few months—available for around 100 consumer firms, including Uber and Instacart—but shoppers may not know they exist or how to access them. Right now, ChatGPT... Read more ›
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A cybersecurity agency in China issued a warning about the security risks of using OpenClaw, the viral AI agent builder that has become wildly popular in the country. OpenClaw’s fragile security configuration could allow attackers to gain full control of the system, said the National Computer ... Read more ›
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Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals like Alibaba Group and ByteDance in the race to dominate China’s domestic AI market, The Information reported. The new agent would connect with the millions of ... Read more ›
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OpenAI plans to soon launch its Sora AI-generated video capabilities in ChatGPT, according to people with knowledge of the effort. The strategy shift could increase the chatbot’s usage as well as its costs. The move comes about five months after OpenAI released a Sora mobile app, which lets people quickly create videos of themselves and other people or animals doing mesmerizing or humorous acts. The app’s look and feel mimics... Read more ›
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Growth equity firm Glade Brook says it has closed over $1 billion in new funds, nearly double the last fund. The firm invests in AI, space, defense tech, internet and fintech startups, including SpaceX, Stripe and Ramp. The new fund raise is the latest by an investor that can point to ... Read more ›
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Oracle managed to calm some frayed nerves on Wall Street on Tuesday. The cloud and software firm, which has become a focal point for investors’ anxiety about AI-related spending, reported slightly better than projected revenue for its February quarter. More importantly, for the second time in two quarters, it raised its revenue projection for next fiscal year, which starts in June. Oracle now projects revenue in fiscal 2027 to rise... Read more ›
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Is investing in consumer startups back? Well, it’s back from the dead.When we broke the news of fashion e-tailer Quince’s $10 billion valuation last week, I thought maybe I was back in 2021. It wasn’t long ago that direct-to-consumer brands like Warby Parker and Daily Harvest and more were raking in investment dollars. But following some startups’ disappointing public debuts and low-priced acquisitions, venture funding for consumer startups almost came... Read more ›
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Ravi Gupta, a partner at Sequoia Capital, and John Hegeman, former chief revenue officer at Meta, are raising at least $1 billion for their new venture called Ithaca Holdings, a Berkshire Hathaway-style holding firm that will find acquisition targets and drive growth in part by using artificial ... Read more ›
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Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft’s business and the broader tech sector. In a filing Tuesday, Microsoft told a federal judge it ... Read more ›
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Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made as part of its quarterly earnings report, may allay some concerns about the enterprise firm’s ... Read more ›
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Salesforce plans to sell between $20 billion and $25 billion in bonds as soon as this week, to help fund its recently-announced $50 billion stock buyback, Bloomberg reported. The bond offering, coming as Amazon was also in the market trying to raise twice as much, shows how a flood of tech ... Read more ›
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Microsoft appears to be betting that its tried-and-true subscription pricing model for software is here to stay, even in the era of AI agents that run 24/7, and that customers will be OK with ever-higher prices.Microsoft on Monday announced a new AI subscription bundle that combines Office 365 and with 365 Copilot, a suite of AI tools for automating tasks in Office apps, for business customers for the first time.... Read more ›
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Google is providing its Gemini “Agent Designer” to the Department of Defense for unclassified work, Google announced on Tuesday. The feature, which will be part of the Pentagon’s AI platform GenAI.mil, will allow DOD employees to create AI agents to automate administrative tasks like drafting ... Read more ›
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A judge ordered Perplexity to temporarily stop accessing Amazon’s website, a victory in the e-commerce giant’s lawsuit against the AI search startup. Amazon sued Perplexity in November, arguing Perplexity was fraudulently accessing its site through its AI browser Comet in order to make purchases ... Read more ›
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Meta Platforms hired the creators of Moltbook, a social network designed for AI agents, Matt Schlicht and Ben Parr, who will join its AI division, Meta Superintelligence Labs (MSL), the company said. Meta also bought Moltbook itself. Meta said it hopes the integration of the Moltbook team into ... Read more ›
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Microsoft is facing a new cluster of antitrust probes over whether it has illegally monopolized the cloud and software markets. As it gears up for battle, it’s been reorganizing the top ranks of its legal and policy department. Over the past year, Microsoft has shifted at least four executives into new roles within the legal teams under President Brad Smith that handle its response to antitrust regulations. Our new org... Read more ›
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28.04.2026 21:03
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