During the most harrowing moments of the OpenAI leadership crisis, one of the startup’s biggest partnerships—a deal with Morgan Stanley that is supposed to demonstrate how AI can change the game at a giant, highly regulated Wall Street bank—was left twisting in the wind. Executives at Morgan Stanley, one of OpenAI’s biggest customers, wondered what would happen to their chatbot for financial advisers if OpenAI fell apart. They discussed what... Read more ›
20
The Biden administration has issued rules intended to keep Chinese battery materials out of U.S. vehicles, undermine China’s dominance of the global battery supply and jump-start a competing U.S. battery industry. But the administration left a narrow pathway for automakers such as Ford to employ Chinese battery technology in their electric vehicles while still qualifying for Inflation Reduction Act tax credits. Read more ›
0
Google has quietly delayed the public debut of Gemini, a conversational artificial intelligence that aims to compete with OpenAI, to January, two people with knowledge of the decision said. Google CEO Sundar Pichai recently decided to scrap a series of Gemini events, originally scheduled for next week in California, New York and Washington, after the company found the AI didn’t reliably handle some non-English queries, one of these people said.... Read more ›
0
Hi, welcome to your Weekend.Next week will mark The Information's 10-year anniversary, and we'll be commemorating the last decade of tech by publishing a series of top 10 lists, plus some reflections from our founder Jessica Lessin. But before we look back at the Valley's greatest hits (and misses), we also wanted to look forward, peering through the eyes of Vinod Khosla, whose powers of prediction are idolized by many... Read more ›
29
The first time I saw the delivery drone glide over the tree line of my backyard, I felt as if I’d been transported to the future. I stood on my patio, bug-eyed, as the drone stopped to hover a few dozen feet above my lawn, floating there like the archangel of cheeseburgers. The trap door on the bottom opened up and a bright yellow bag holding my takeout dinner slowly... Read more ›
6
Tech companies have long been famous for their offsites. Though these are not always the most prudently planned events—recall WeWork’s lavish English countryside summer camp—Silicon Valley has perfected the art of getting out of the office, bringing the team together and doing a few trust falls. Since the pandemic, these outings have taken on new importance, as increased remote work means offsites are the only time some teammates get together... Read more ›
0
Every social media service is unhappy in its own way. That’s something Bill Ackman should remember. The hedge fund manager came out swinging in support of Elon Musk in a lengthy tweet late Thursday night, claiming that recent advertiser defections from X were a result of Musk being “targeted” because other media organizations view X as a competitor. (Walmart on Friday became the latest big marketer to drop X.) Ackman... Read more ›
0
One of the things I loved about this week's episode is that it got out of abstract questions about the future of AI and into the here and now implications. That led the gang to TikTok and the future of the app. A big thanks to Brit for moderating this week's episode as my one hour at the DMV turned into two and a half and I missed the taping.... Read more ›
0
Only minutes after Sam Altman was fired by the board of OpenAI on the afternoon of November 17, Vinod Khosla got a call from a major OpenAI investor. “What is going on?” the person asked. In the ensuing days, puzzled calls and texts from various principals continued streaming in. But even Khosla, one of OpenAI’s earliest investors and a man renowned for his powers of prescience, couldn’t predict what would... Read more ›
9
Last week’s drama at OpenAI is still fresh on the minds of founders leading artificial intelligence startups in our Generative AI database. Several of them told me this week the saga has spurred reflections about their own boards, discussions with directors and new priorities around AI safety.Sasha Orloff said that Puzzle, the AI accounting startup he co-founded, is accelerating the addition of a third director to its board, which now... Read more ›
2
For the past few years, Shein has seemed untouchable. The secretive e-commerce firm had exploded into one of the world’s most valuable private companies by shipping trendy apparel directly from Chinese manufacturers to shoppers around the world, offering rock-bottom prices in exchange for longer delivery times. But last year, Shein’s hot streak seemed in danger of ending as customer spending slowed sharply. In a pitch to investors late last year,... Read more ›
0
It was once common to wonder whether businesses were too big to fail. I think it is time we start worrying about business leaders who think they are too big to fail—and what we should do about that. I had this thought as I was listening to Elon Musk tell The New York Times’ Andrew Ross Sorkin that businesses pulling their ads from X were blackmailing him. “Let’s see how... Read more ›
51
This holiday shopping season is acting as a coming out party for TikTok Shop, the video app’s new shopping feature, which has been wooing shoppers with big discounts. To get a sense of how the first Black Friday weekend for brands using TikTok Shop went, I caught up with Paul Jauregui, the cofounder of BK Beauty. The Austin-based seller of makeup brushes has caught fire on TikTok over the past... Read more ›
2
Many would argue that today marks the one-year anniversary of the investor frenzy for generative artificial intelligence startups. It was exactly this time last year that OpenAI introduced ChatGPT, one of the most transformative new tech products in recent history. Investors had already gotten a taste for AI deals before then, thanks to breakthroughs by OpenAI and others. Then ChatGPT came along, lighting the fuse for dealmaking that transformed a... Read more ›
2
There’s much speculation about the reasons for the abrupt removal and subsequent return of Sam Altman as the CEO of OpenAI. Irrespective of who leads the company going forward, OpenAI faces a fundamental challenge in reconciling its mission with its choice of corporate structure and business model. To solve it, we can learn from the history of tech innovations. Much of the discourse on OpenAI’s dysfunction has focused on tribal... Read more ›
24
In the lucrative world of artificial intelligence, data are king. Model developers like OpenAI have inked multi-million dollar deals with companies such as The Associated Press to get access to hard-to-find data with which to train their AI models. And startups like Amsterdam-based Adaptive have landed eight-figure sums of capital just with the promise of developing another form of training data. Adaptive claims to be working on a product to... Read more ›
1
Several months ago, executives at Alibaba tried to persuade some big investors to take a stake in its cloud unit—which Alibaba was then planning to spin off as a separate company—at a $40 billion valuation. Alibaba’s idea was that the outside investments could signal to the stock market the appeal of the cloud unit ahead of its public debut. The plan flopped. Investors balked at the valuation Alibaba sought. They... Read more ›
2
Traditional and next-generation electric vehicle battery companies have laid off hundreds of employees in the U.S. and Europe in the last couple of weeks, a symptom of a new industry malaise triggered by lower-than-expected EV sales growth. The layoffs are part of a broad move by the battery makers to conserve cash as costs have soared and investors that have been willing to tide startups through bad stretches have turned... Read more ›
36
Microsoft is to become a non-voting observer on the non-profit board that governs OpenAI, newly reinstated CEO Sam Altman told employees on Wednesday, while confirming he had officially rejoined the firm. Microsoft’s new status will give it some insight into the board’s deliberations, but it won’t have a vote, thereby limiting its ability to influence decisions. Microsoft is the biggest shareholder in OpenAI, with a more than 49% stake in... Read more ›
0
Woof! There is deal-making going on out there that doesn’t have to do with artificial intelligence (unless of course you mean animal intelligence). Blackstone’s $2.3 billion purchase of pet-sitting marketplace Rover Group, unveiled Wednesday, demonstrates that Rover is that rarest of gems, a company that went public via a SPAC merger and turned out not to be a dog. SPACs, as you might remember, are those cashed-up shell firms known... Read more ›
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27.06.2026 22:34
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