Travel software company Navan is planning to raise $750 million in its October public offering, though the actual size of the offering could still change, according to people with direct knowledge of the deal. The Palo Alto, Calif.-based company showed in its IPO filings that revenue rose 30% to ... Read more ›
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California Governor Gavin Newsom on Monday signed an artificial intelligence safety bill that requires the largest AI companies to write, publish, and comply with their own safety policies for managing severe risks from their technology. Many AI companies have taken those steps voluntarily, but ... Read more ›
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YouTube agreed to pay $24.5 million to settle a 2021 lawsuit from President Donald Trump over the suspension of his account after the Jan. 6 riots, according to a court filing on Monday. YouTube followed Meta and Elon Musk’s X in settling similar cases with Trump. Meta agreed to pay $25 million ... Read more ›
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Travel management platform TravelPerk hired investment bankers for an upcoming U.S. initial public offering, the latest among a string of travel-themed IPOs, according to a person with direct knowledge of the deal. The Barcelona-based company has hired Morgan Stanley, Goldman Sachs and ... Read more ›
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OpenAI is launching a new checkout feature for ChatGPT that will allow users to purchase products directly in the chatbot, according to a post on Monday from OpenAI’s CEO of Applications, Fidji Simo. Initially, products available will come from small merchants who sell on Etsy, while “over a ... Read more ›
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Anthropic on Monday released its latest model, Claude Sonnet 4.5, according to a blog post. The model outperforms OpenAI’s flagship GPT-5 model on a popular software engineering benchmark, and is able to work for more than 30 hours straight on complex, multi-step tasks, the blog post said. ... Read more ›
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Welcome to the first edition of The Information’s newsletter on AI infrastructure. In the coming months, we’ll cover the data centers, chips, networking and energy that power AI.Artificial intelligence is hungry for power at a scale that defies belief.Last week, OpenAI and Nvidia said they would work together to develop 10 gigawatts of data center capacity over an unspecified period. Inside OpenAI, Sam Altman floated an even more staggering number:... Read more ›
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Before we get to today’s newsletter, Stephanie’s profile of Mira Murati’s Thinking Machines Lab, the mysterious $10 billion startup, is a fascinating look at Murati’s background and explains why she’s got such a following among AI researchers and, as a result, investors. It’s definitely worth a read.On to today’s column…As artificial intelligence search engines like ChatGPT, Gemini and Claude grow more popular, consumer brands, as well as a cottage industry... Read more ›
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An investor group including Saudi Arabia’s PIF, Silver Lake and Jared Kushner’s Affinity Partners is buying Electronic Arts for $55 billion in cash, or $210 a share, a significant premium to where the videogame giant has been trading in recent years. Electronic Arts is one of the most prominent ... Read more ›
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Elon Musk has been paying closer attention to his artificial intelligence company, xAI, over the past few months, pushing staff to move as quickly as possible to catch up with rivals like OpenAI and Anthropic. The xAI CEO’s increased involvement has led to frequent reorganizations, demotions and firings on the teams building the company’s AI models and products. At the same time, xAI has been integrating the social media site... Read more ›
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ByteDance will maintain operations of the commercial functions of TikTok’s U.S. business such as advertising and e-commerce, while the new U.S. TikTok joint venture recently unveiled by President Donald Trump will manage the app’s data and algorithm in the U.S., Reuters and Chinese media outlet ... Read more ›
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Black Forest Labs, a German startup that focuses on image generation, is seeking to raise between $200 million and $300 million in a fundraising round that would value the company at $4 billion, the Financial Times reported. The one-year-old company previously raised funds at a $1 billion ... Read more ›
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Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition ... Read more ›
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Fivetran, a startup used by companies to manage and prepare data for analytics and artificial intelligence, is in talks to buy data management company dbt Labs, according to people with direct knowledge of the deal. The deal would combine two data companies that are facing competition from artificial intelligence. Fivetran and dbt Labs have complementary offerings and the deal could give them the scale to compete in a fast-changing market... Read more ›
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Welcome, Weekenders! In this newsletter:Welcome, Weekenders! In this newsletter:• The Big Read: Mira Murati’s enigma machine • Artificial Intelligence: Nvidia’s AI stimulus plan• Plus, our Recommendations: “Desk Set,” “Mission Accomplished” and “It’s Only Drowning”When you’ve worked in an industry for a while, you learn its rhythm. For years, tech and business journalism had one. Big private tech companies would announce major new fundings every two years or so. They’d unveil... Read more ›
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Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia’s Jensen Huang. Just in September, Nvidia agreed to buy any unused Nvidia graphics processing units that cloud provider CoreWeave doesn’t sell to other customers over the next seven years, a deal potentially costing Nvidia around $6.3 billion. It also invested $700 million in U.K. data... Read more ›
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This week’s biggest business headlines should convince you: One of the most interesting non-founders in tech or finance is Silver Lake’s Egon Durban.First, the under-the-radar tech investor squeezed into the middle of the Trump administration’s deal to split TikTok from its Chinese parent company, and at a seemingly bargain-basement price. Today, Silver Lake is said to be nearing a $50 billion take-private of video game maker EA, which would be... Read more ›
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President Donald Trump has called on Microsoft to fire its head of global affairs, Lisa Monaco, over her ties to the Democratic Party. In a rambling post on Truth Social, Trump claimed Monaco was a “menace to U.S. National Security” and cited “the major contracts that Microsoft has with the ... Read more ›
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As artificial intelligence developers increasingly rely on reinforcement learning to improve their models, investors are funding startups that focus on helping businesses utilize the technique to automate more tasks. In the latest example, Applied Compute, founded in May by three former OpenAI staffers, is in talks to raise new funding at a $500 million valuation just three months after a round that valued it at $100 million, according to people... Read more ›
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TikTok’s Chinese parent company, ByteDance, could get as much as 50% of the profits from TikTok’s U.S. business, even after the U.S. arm is split off from ByteDance and sold to a group of investors, Bloomberg News reported Friday. ByteDance is due to take a stake of just under 20% in a new ... Read more ›
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18.12.2025 02:19
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