Welcome, Weekenders! In this newsletter:• The Big Read: The brains behind Bernie’s AI sovereign wealth fund? A Silicon Valley law professor  • The Takeaway: How I learned to love Mark Rober• E-commerce: The fast-growing Thiel-backed startup defying a creator economy slowdown• Plus, Recommendations—our weekly pop culture picks: “Foul Play,” “The Feather Wars” and “Portobello”A couple days ago, I snagged a red-hot invite: David Holz, the Midjourney founder, was throwing a... Read more ›
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Global investments in startups rose 5% to $368.5 billion last year after falling the prior year, according to PitchBook. Investments are down sharply from a high of $751.5 billion in 2021. At the same time, the number of startup investments fell 18% to 35,686 last year, the lowest since 2017. ... Read more ›
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The year is just a week old and already things are getting shaken up. Meta Platforms’ announcement on Tuesday that it was eliminating its fact-checking program in favor of an X-like community notes feature is a seismic event for social media. No longer will Meta, owner of Facebook, Instagram and Threads, try to pretend it has a monopoly on truth. Instead, Meta will leave it to members of the public... Read more ›
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We’re in a new year, but the major headline in venture capital is the same: It’s all about megadeals for artificial intelligence startups. Lightspeed Venture Partners is expected to lead a $2 billion round of funding for Anthropic at a $60 billion valuation, Stephanie confirmed. The new funding, at a higher valuation than we reported four months ago, would give Anthropic more firepower to take on well-heeled OpenAI. Already, Anthropic... Read more ›
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These are not golden days for the individuals working in the trust and safety teams of social apps.  Late last year, we reported on the fights within TikTok to make the app more appealing for President-elect Donald Trump and his supporters in which the company’s lobbying arm prevailed over its content moderation staff. Then on Tuesday, Meta Platforms’ CEO Mark Zuckerberg went a step further, ending Meta’s fact-checking program run... Read more ›
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U.K. lawmakers grilled bargain sellers Shein and Temu in a hearing Tuesday, pressing for answers about the potential use of forced labor in their supply chains as part of a broader government inquiry into labor rights. Liam Byrne, the lawmaker who chairs the committee, said the committee was ... Read more ›
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Getty Images is buying rival photo licensing site Shutterstock for around $1.35 billion in cash and stock, a combination that will create a company better able to fend off the threat posed by artificial intelligence-powered image creation. The precise price will depend on the mix of cash and ... Read more ›
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Welcome to Applied AI, The Information’s twice-weekly newsletter that will take you inside how businesses are using artificial intelligence.I’m Jon Victor, the lead writer for Applied AI. For seven years I have been reporting on technology and most recently on how businesses are using AI. I recently interviewed Marc Benioff for a profile of Salesforce’s big push into AI agents and Databricks’ Ali Ghodsi about how AI is helping workers... Read more ›
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Artificial intelligence developer Anthropic is in discussions to raise $2 billion in new funding at a $60 billion post-investment valuation, according to a person with direct knowledge of the fundraise. Venture capital firm Lightspeed Venture Partners, which is primarily known for investing in ... Read more ›
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President-elect Donald Trump on Tuesday said Emirati real estate firm Damac Properties plans to spend at least $20 billion to develop data centers in the U.S. Hussain Sajwana, the chairman of Damac, said the data centers will cater to artificial intelligence and cloud computing businesses of ... Read more ›
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TikTok’s parent company ByteDance released an app called Melolo featuring short dramas, TV and movies on Google’s app store. Minidramas have proved to be a huge hit for TikTok’s sibling app Douyin in China. The company has also explored bringing such short dramas to the U.S. on TikTok to broaden ... Read more ›
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Within hours of OpenAI’s demonstration of its latest advanced reasoning model, o3, social media platforms and online forums were filled with posts from software engineers questioning their future: What happens to their jobs when artificial intelligence can write code better than they can? But Turing CEO Jonathan Siddharth, whose firm helps OpenAI, Google and others to develop code-writing AI, thinks doomsayers about the future of software engineers have it all... Read more ›
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Imagine you’re asking a computer-using agent from OpenAI, Anthropic or Google to find and order a new outfit for your upcoming holiday party, and in the process, that model inadvertently ends up on a malicious website that instructs it to forget its prior instructions, log into your email and steal your credit card information.That’s a very real fear for AI labs making such computer-using software, which essentially takes over users’... Read more ›
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Meta Platforms is drastically relaxing its stance on content moderation, moving in the direction of Elon Musk’s X, a move that responds to pressure from the incoming Trump administration that will shake up the social media sector. In a post written by Meta’s newly promoted Chief Global Affairs ... Read more ›
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Michael Grimes, Morgan Stanley’s investment banker to the stars of Silicon Valley, has earned the trust of tech-industry luminaries from Elon Musk to Brian Chesky, thanks to his ability to orchestrate multibillion-dollar mergers and initial public offerings. He offers prospective job candidates visiting his Menlo Park, Calif., office a seat in either the “Mark chair” or the “Sheryl chair” to indicate where each Facebook leader sat when Grimes was leading... Read more ›
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The Semiconductor Industry Association on Monday urged the Biden Administration to withhold releasing a planned export control regulation until after Trump takes office, saying the rule could “significantly undercut U.S. leadership and competitiveness” in semiconductor technology. The ... Read more ›
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The Department of Defense added Chinese internet giant Tencent Holdings and Contemporary Amperex Technology Co, the world’s largest electric-vehicle battery maker, to a blacklist over alleged ties with the Chinese military. The list carries no specific sanction implications, except for ... Read more ›
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Nvidia CEO Jensen Huang unveiled a personal artificial intelligence supercomputer, Project Digits, during his keynote speech at CES in Las Vegas on Monday. The $3,000 device can run sophisticated AI models in a compact, desktop-friendly form factor. In contrast to traditional supercomputers that ... Read more ›
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Employer.com, part of a San Francisco–based company pursuing buyouts of human resources companies, recently offered to acquire troubled benefits startup Level, according to a person with direct knowledge of the deal. The talks, which are ongoing, come just days after Level said it was shutting down because a different acquisition fell through. Employer.com has proposed paying roughly $30 million in cash and stock for Level, a low multiple to New... Read more ›
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Dealmaking in 2025 is off to a good start. Walt Disney’s deal on Monday to offload its Hulu+Live TV business—the clunky name for the part of Hulu that offers a cable TV–like package of old-fashioned TV channels—to smaller rival FuboTV is a smart move. Disney comes out of the transaction with 70% of a larger FuboTV, one that is making money and arguably better positioned to both compete and eventually... Read more ›
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Salesforce has promoted Kaylin Voss, a six-year company veteran who has spent the past year as chief revenue officer of Slack, to lead sales of its AI agent and data management software, she announced in a LinkedIn post. Voss will oversee two of Salesforce’s most important products: Agentforce, ... Read more ›
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23.06.2026 00:16
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