Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars of people, to buy the startup for about $3 billion, a premium from the startup’s $2.1 billion valuation in a January financing, according to a person with knowledge of the discussions. Synthesia and Adobe walked away without reaching a deal after disagreeing about the price, this person and two others said.... Read more ›
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Alibaba Group said its revenue from cloud computing services in the quarter through June grew 26%, boosted by triple-digit sales growth for artificial intelligence-related products. The solid cloud revenue growth came after Alibaba in April launched Qwen3, the latest generation of its ... Read more ›
0
When the artificial intelligence boom began a few years ago, investors flocked to startups that helped businesses transform and store proprietary data in a format AI could understand, known as a vector database. The technology allowed businesses to use a customized AI chatbot to search or analyze their customer and sales information. Since then, though, AI providers such as Amazon Web Services, Anthropic and OpenAI have baked such technology into... Read more ›
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Every day this week, we and other close watchers of Google have been holding our breath, waiting for Judge Amit Mehta of the federal court in Washington to issue a ruling on how Google’s illegal search monopoly should be remedied. Options include a forced divestiture of its Chrome browser (where many Google searches originate), ending Google’s right to be the exclusive search engine on Apple’s Safari browser, or forcing Google... Read more ›
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Hi, it’s Katie Roof, spending my first week at The Information schmoozing with Europe’s startup leaders at a conference called TechBBQ in Copenhagen. It’s been close to three years since I’ve been at a tech conference on the Continent, and the difference is palpable. In 2022, there was a panic in the air about a stock sell-off that eventually led to investors slashing the valuations of the region’s startup darlings.... Read more ›
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The Commodity Futures Trading Commission issued a guidance Thursday that would allow a pathway for overseas crypto exchanges to legally accept U.S.-based customers. The guidance could benefit crypto exchanges such as Binance, Bybit, BitGet, which currently ban U.S. users. That means it could ... Read more ›
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We are kicking off today’s newsletter with some news—this time about me. I’m wrapping up my time at The Information and this will be my last Creator Economy newsletter.It’s been such a privilege to write this newsletter, host five summits and break news about the creator economy and social media over the past four and a half years. I wanted to take a moment to reflect on how the industry... Read more ›
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Microsoft on Thursday debuted two new large language models it developed over the past year to reduce its reliance on OpenAI’s artificial intelligence in powering Copilot products. Microsoft will start swapping in the new models, dubbed MAI, to power Copilot features in the coming weeks, ... Read more ›
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It was easy to miss last week’s announcement that Ashley Alexander, a 12-year veteran of Facebook and Instagram, is becoming vice president of health products at OpenAI, with the goal of improving “healthcare outcomes and access.” Alexander’s LinkedIn post didn’t give clues about exactly what products she will oversee, but it’s not hard to see where this is going. Read more ›
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Last week, we wrote about SerpApi, an Austin-based startup that scrapes Google Search results and offers that data through an application programming interface. Among its customers is OpenAI, which uses SerpApi’s services to ensure its ChatGPT can answer user queries with up-to-date information.Around 40% of SerpApi’s business comes from such AI startups, according to CEO and founder Julien Khaleghy. Aside from OpenAI, they include Cursor, Perplexity and Meta Platforms. Another... Read more ›
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Less than a month from now, a federal court in Virginia will begin hearing an antitrust case that could determine whether Google has to spin off part of its advertising tech business into an independent company. But Google isn’t waiting for the decision to help that group become a more viable stand-alone business. Last month, for example, Google staff in the part of the ad tech group that the court... Read more ›
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Rain, a stablecoin-backed card issuer that works with Visa, said it raised $58 million in Series B round led by Sapphire Ventures, just months after its last fundraising round, demonstrating once again investor enthusiasm for crypto startups flowing from congressional passage of stablecoin ... Read more ›
3
ByteDance, the Chinese owner of TikTok, is preparing to launch a new share buyback program for employees later this year that will value the company at more than $330 billion, Reuters reported. In the new program, the company plans to offer current employees $200.41 per share, 5.5% higher than ... Read more ›
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Nvidia’s quarterly results, out Wednesday, have become the event of the earnings season. And who can be surprised? After all, here’s a company whose July revenue hit $46.7 billion, up 56% on a year earlier. Little more than two years ago, Nvidia’s quarterly revenue was around $7 billion! Of course, Wall Street traders have long ago lost their sense of wonder at Nvidia’s explosive growth. That growth is slowing down,... Read more ›
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Snowflake shares rose more than 13% after its second-quarter earnings, as CEO Sridhar Ramaswamy said on an earnings call that customers’ increasing adoption of AI contributed to a significant uptick in revenue growth during its July quarter compared to last year. Ramaswamy didn’t say how much ... Read more ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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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 ›
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30.10.2025 11:21
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