Elon Musk talked with Mark Zuckerberg about Meta Platforms potentially backing Musk’s $97 billion bid for OpenAI’s assets, according to a legal filing. While Meta and Zuckerberg did not sign onto Musk’s bid, Musk said that he had communicated about “potential financing arrangements or ... Read more ›
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Some companies should never go public—or maybe even exist. Rent the Runway might be in that group. The clothing-rental subscription service—one of a bunch of mid-sized online shopping companies to go public in recent years—says its mission “is to power women to feel their best every day.” How about trying to make money? After years of steady losses, funded in part with debt, time is running out for the company.... Read more ›
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Nvidia has told some of its component suppliers to suspend production work related to the H20, its chip tailor-made for the Chinese market, according to two people with direct knowledge of the communications. The directive comes weeks after the Chinese government told local tech companies to stop buying the chips due to alleged security concerns, The Information previously reported. The production halt signals that despite the Trump administration’s decision to... Read more ›
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Crusoe, the developer of a massive OpenAI data center in Abilene, Texas, has been talking to investors about raising at least $1 billion at a $10 billion valuation, or more than three times its last valuation fetched late last year, The Information reported on Thursday. The firm wants to use the ... Read more ›
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OpenAI has been quietly using Google search data to power results in ChatGPT, which aims to replace Google’s search engine among consumers and businesses, The Information reported. OpenAI uses data from SerpApi, which scrapes Google search results, according to the report. SerpApi has ... Read more ›
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Google has struck a major cloud computing deal with Meta Platforms, The Information reported. As part of the agreement, the social media giant will use Google Cloud’s servers, storage, networking and other services. The deal—worth more than $10 billion over six years—is one of the largest known ... Read more ›
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Over the last two years, several ex-OpenAI employees have left to found new startups. Now some former researchers at the ChatGPT maker are starting venture funds, extending a history of alums from buzzy startups who jump into investing. The latest example of this is Zero Shot Fund, started this summer by a group of former OpenAI employees who worked on research and engineering. The firm is targeting $100 million for... Read more ›
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Google has struck a major cloud computing deal with Meta Platforms, according to two people familiar with the matter. As part of the agreement, the social media giant will use Google Cloud’s servers, storage, networking and other services, one of the people said. The deal—worth more than $10 billion over six years, the person said—is one of the largest known agreements in Google Cloud’s 17-year history. It comes after Meta... Read more ›
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Snowflake CEO Sridhar Ramaswamy isn’t impressed that Databricks is raising a new funding round at a valuation of more than $100 billion, co-led by existing investor Thrive Capital and additional investors that haven’t yet been revealed. In a companywide email Wednesday, which The Information has ... Read more ›
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President Donald Trump signed an executive order on Thursday establishing a “national design studio” that will focus on improving government websites and physical spaces and plans to appoint Joe Gebbia, Airbnb’s co-founder, to oversee it, Bloomberg reported. Trump will appoint Gebbia to be the ... Read more ›
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As it tries to unseat Google, OpenAI is relying on search data from an unlikely source: Google. OpenAI has been using Google search results scraped from the web to help power ChatGPT responses, according to two people with knowledge of it. Read more ›
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Anthropic is in talks to raise as much as $10 billion, double the amount it was previously seeking, according to two people with knowledge of the matter. The company has been in fundraising discussions with investors for raising at a $170 billion valuation, up from a $58 billion-valued ... Read more ›
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TikTok Shop, the short-form video app’s e-commerce platform, made a big splash nearly two years ago when it first launched in the U.S. Even though it’s reduced the initial deep discounts for shoppers and sellers, quieting some of the initial buzz over the service, some startups are still betting TikTok’s social shopping features will grow.One is Conduit Commerce, which is coming out of stealth this week and recently acquired the... Read more ›
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Two out of three subscribers to The Information who responded to a survey have taken a ride in a self-driving car—and nearly 99% of riders were satisfied with the experience. The survey results are the latest confirmation that after years of development and testing, self-driving cars are finally revving up. Read more ›
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Disney’s ESPN has launched its highly-anticipated new streaming service, which features all of the live and on-demand programming the sports media giant has to offer. This includes the ability to stream ESPN’s cable TV channels, as well as documentaries and studio programming produced by ESPN. ... Read more ›
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Our Wednesday story about rising costs of businesses that pay for advanced artificial intelligence from OpenAI and Anthropic stirred strong reactions from readers. OpenAI researcher Aidan McLaughlin wondered aloud where we had gotten the idea that state-of-the-art AI was supposed to get cheaper. The answer: his boss, Sam Altman. OpenAI’s CEO said last month at a conference hosted by the Federal Reserve that “it does in fact look like we’re... Read more ›
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Crusoe, the developer behind OpenAI’s first Stargate data center, is discussing raising funds at a $10 billion valuation—more than three times its valuation less than a year ago, according to two people with direct knowledge of the fundraising talks. The seven-year-old company wants to raise at least $1 billion to fulfill its ambitions to become a more formidable player in cloud computing, which will require it to buy more artificial... Read more ›
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Rent the Runway CEO and cofounder Jennifer Hyman is turning over control of the clothing-rental firm to its longtime lender and a group of other investors, the company said Thursday. In exchange, the company is cutting its heavy debt load. Shares rose around 9% in morning trading following the ... Read more ›
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If there’s one thing the artificial intelligence industry hasn’t been lacking in recently, it’s news. So on Wednesday’s episode of TITV, our editor-in-chief Jessica Lessin asked Bret Taylor, CEO of customer-support agent firm Sierra, and Winston Weinberg, CEO of legal agent startup Harvey, for their thoughts on recent developments ranging from OpenAI’s rocky GPT-5 release to the rising costs that businesses face when purchasing agents and other advanced AI.Taylor has... Read more ›
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Solana, the wild younger sibling of the crypto world, wants to be taken seriously. Best known for memecoins and its connection to crypto exchange FTX, the blockchain is getting close to breaking into mainstream finance. The U.S. Securities and Exchange Commission, which has turned crypto-friendly under President Donald Trump, is expected to approve exchange-traded funds that will hold solana tokens by mid October, according to Bloomberg ETF analyst James Seyffart,... Read more ›
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Most popular sources
Business Insider
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34% 10 |
Tom's Hardware
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12% 5 |
Engadget
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7% 4 |
Wired
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6% 6 |
CNET
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4% 1 |
| View sources » | |
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01.11.2025 20:08
Last update: 19:50 EDT.
News rating updated: 02:01.
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