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The Information
Kaya Yurieff @ The Information · 08/27/2025 17:18 EDT

The Dizzying Rise of Dhar Mann

In early June, I pulled up to a giant lot in Burbank, Calif. about four miles down the road from Warner Brothers Studios, where “Friends” and “The Big Bang Theory” were filmed. I was there to tour the set and offices where YouTuber Dhar Mann runs a growing entertainment empire.Mann, who leases the 125,000 square foot production studio, part of which was once the site of a gym, is suddenly... Read more â€ș

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The Information
Amir Efrati @ The Information · 08/27/2025 16:50 EDT

Nvidia Projects Strong Revenue Growth, Says U.S. Wants 15% Cut of China Sales

Nvidia on Wednesday posted solid revenue growth from the sale of artificial intelligence chips and networking equipment, including its flagship Blackwell chips, despite recent restrictions on its sale of its chips to China. Revenue rose 56% to $46.7 billion in the quarter that ended in July ... Read more â€ș

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The Information
Cory Weinberg @ The Information · 08/27/2025 16:02 EDT

SoftBank’s Heavy Spending on Chip Deals Eyed By Investors

In May, a Nomura Securities equity analyst asked SoftBank Chief Financial Officer Yoshimitsu Goto a pointed question on an earnings call: How could he justify SoftBank’s recent $6.5 billion purchase, using borrowed money, of Ampere Computing, a failing developer of data center chips? The startup had just $16 million in revenue and had lost hundreds of millions of dollars the year before the sale. Goto didn’t answer the question directly.... Read more â€ș

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The Information
The Information Staff @ The Information · 08/27/2025 14:55 EDT

How the Talent War is Impacting the Race for AGI

A central question looms over artificial intelligence: How is the intensifying the war for talent impacting the race for artificial general intelligence (AGI)? We asked our new Deep Research tool and got the following answer: Read more â€ș

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The Information
Valida Pau @ The Information · 08/27/2025 14:12 EDT

Vast Data Aims to Go Public Second Half of 2026 or Later

Vast Data, a data storage startup backed by Nvidia, has considered holding an initial public offering in the second half of 2026 or later, Vast Data co-founder and CEO Renen Hallak has told employees and bankers, The Information reported Wednesday. Vast Data develops software for storing data in ... Read more â€ș

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The Information
Aaron Holmes @ The Information · 08/27/2025 13:00 EDT

An IT Giant Cuts Half of Its Security Incident Response Team After Automating ‘Grunt Work’

Cybersecurity executives have long bemoaned how hard it is to hire staff, citing a dearth of talent with the necessary experience to fill roles that are notoriously high-pressure and can burn people out. But recently, some of those executives have found a solution: Instead of hiring new security professionals, they’re turning to AI to help them fill the open roles or cut back on existing staff. Read more â€ș

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The Information
Stephanie Palazzolo @ The Information · 08/27/2025 10:00 EDT

The Cult of Anthropic

Out of all the model developers, Anthropic stands out as perhaps the one with the most ideologically devoted employee base, one that some researchers even describe as “cultish.” The reasons may include CEO Dario Amodei’s monthly ”Dario Vision Quests” where he talks to employees about the future of AI (with more than slight religious overtones) and that its executives frequently speak publicly about the dangers of superintelligent AI.One less commonly... Read more â€ș

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The Information
Kevin McLaughlin @ The Information · 08/27/2025 09:00 EDT

How Nvidia Anointed a Data Storage Startup as an AI Darling

Nvidia reshaped the cloud computing market by giving upstart cloud providers a lot of artificial intelligence chips. Now it is extending its influence into another cloud field: data storage. Nvidia has invested multiple times in Vast Data, which sells software to firms such as Elon Musk’s xAI and videoconference maker Zoom for storing data in a way that helps them develop AI applications. Jensen Huang has publicly lauded Vast’s technology,... Read more â€ș

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The Information
Sri Muppidi @ The Information · 08/26/2025 22:19 EDT

OpenAI Employee Stock Sale Could Rise to $8 billion

OpenAI’s plan to allow employees and former staff to sell $6 billion in private stock to investors was already slated to become one of the biggest such employee tenders in Silicon Valley history. Now, that sale could be even bigger. The ChatGPT maker will allow current and former employees to sell up to $8 billion at a valuation of $500 billion, according to two people with knowledge of the proposed... Read more â€ș

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The Information
Nick Wingfield @ The Information · 08/26/2025 20:42 EDT

SpaceX Aces Tenth Test Launch of Starship Rocket

SpaceX’s tenth launch of its gargantuan Starship rocket went off without an apparent hitch on Tuesday. After launching from a SpaceX base in south Texas, the 400-foot tall rocket hurtled into space and successfully deployed a collection of dummy satellites modeled on those that support SpaceX’s ... Read more â€ș

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The Information
Martin Peers @ The Information · 08/26/2025 20:00 EDT

Why Tim Cook Is Right to Avoid Big Acquisitions

Apple shareholders should be glad Eddy Cue isn’t running the iPhone maker. As a story we published today revealed, Cue has been an advocate for Apple making big acquisitions—including of Netflix and Tesla in the past—that CEO Tim Cook rebuffed. More recently, Cue has suggested that Apple should do bolder deals in artificial intelligence. The company’s executives have talked about an acquisition of AI search engine Perplexity or French model... Read more â€ș

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The Information
Cory Weinberg @ The Information · 08/26/2025 19:10 EDT

The Founder Perk Showing Up in More VC Deals

You’ll sometimes find signs of the times buried in companies’ bland corporate charters. The latest example: A growing number of startups that raised venture capital this year have issued a type of stock designed to make it easier for founders to sell some of their stakes.Nearly 11% of companies that raised money in the first half of the year issued founder preferred stock—nearly double the percentage from two years ago,... Read more â€ș

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The Information
Rocket Drew @ The Information · 08/26/2025 18:24 EDT

Anthropic to Settle Copyright Suit

The authors suing Anthropic for copyright violations reached a settlement with the AI company, according to a legal filing in the lawsuit Tuesday. The agreement would allow Anthropic to avoid a trial that could have exposed the company to “potentially billions of dollars in liability,” according ... Read more â€ș

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The Information
Aaron Tilley @ The Information · 08/26/2025 18:06 EDT

Apple Services Chief Champions Big AI Deal

Apple executive Eddy Cue has been the primary champion of the company doing big acquisitions and other deals, including in artificial intelligence, The Information reported. Among the deals Apple executives have discussed is a possible acquisition of Mistral AI, a Paris-based rival to OpenAI, ... Read more â€ș

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The Information
Catherine Perloff @ The Information · 08/26/2025 16:58 EDT

Fanatics taps Jeremi Gorman to lead ads business

Sports merchandising company Fanatics is launching an ads business, the company said today. Fanatics has tapped Jeremi Gorman, a longtime advertising executive who has held leadership roles at Netflix, Snap and Amazon to run the effort as chief revenue officer. Fanatics is most known as a seller ... Read more â€ș

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The Information
Yueqi Yang @ The Information · 08/26/2025 16:49 EDT

Trump Media Group Plans $6.4 Billion Deal to Buy Crypto.com Tokens

Trump Media & Technology Group, which runs the Truth Social app, said Tuesday it is teaming up with Crypto.com to launch a publicly-listed company that will buy and hold $6.4 billion of CRO tokens, the cryptocurrency issued by Crypto.com. That would make the firm the latest ‘crypto treasury’ ... Read more â€ș

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The Information
Anissa Gardizy @ The Information · 08/26/2025 16:47 EDT

Trump Says Meta’s Louisiana AI Data Center to Cost $50 Billion

President Donald Trump on Tuesday said Meta Platforms’s massive data center in Richland Parish, Louisiana will cost $50 billion. “When they said $50 billion for a plant, I said, ‘What the hell kind of plant is that?,‘” he said. “But when you look at this you understand,” he said , holding ... Read more â€ș

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The Information
Kaya Yurieff @ The Information 2 place · 08/26/2025 16:12 EDT

How Snap Can Turn on the Creator Spigot

Where does Snap go from here? The nearly fourteen-year-old company is struggling to grow its ad business, particularly compared to larger Meta Platforms and Google’s YouTube. At the same time, CEO Evan Spiegel remains laser focused on his long-time, big bet: the company’s augmented reality glasses, Spectacles. To keep funding the AR project, Snapchat parent has begun to discuss ways to raise outside money and even has considered spinning it... Read more â€ș

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The Information
Aaron Tilley @ The Information · 08/26/2025 14:34 EDT

Apple Will Hold iPhone 17 Unveiling On September 9th

Apple announced it will hold an event on September 9th, where it will likely announce its iPhone 17 lineup. The most notable of the new devices is expected to be a slimmed down version of the iPhone. Apple will also likely reveal the standard base and Pro models. Apple regularly announces its ... Read more â€ș

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The Information
Amir Efrati @ The Information · 08/26/2025 13:32 EDT

‘AI Native’ Apps’ $18.5 Billion Annualized Revenues Rebut MIT’s Skeptical Study

It’s been hard to avoid a study last week from the Massachusetts Institute of Technology, which concluded that 95% of corporate trials of artificial intelligence failed to boost the bottom line for the surveyed companies. In other words, “only 5% of custom enterprise AI tools reach production.” Let’s set aside the study’s limitations, including how it doesn’t identify any of the 52 firms it surveyed or even what kind of... Read more â€ș

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