As CEO of Twitter, Jack Dorsey was widely panned for his hands-off style, seen as contributing to the companyâs uneven growth and slow-to-evolve culture, which paved the way for last yearâs takeover by Elon Musk. Dorseyâs other public company, Block, originally known as Square, has a whole different problem: Its divisions feud so intensely they canât agree on even minor points of cooperation. For example, last year staffers from Square,... Read more âș
5
After two years of boasting of plans to overtake Tesla, the world's major automakers are pulling back, spooked by flagging electric vehicle sales. This week, we look at the reality that the dual age of fossil fuels and combustion cars will be with us longer than many thought.For more than two years, Ford, General Motors and Volkswagen have followed a similar script: In just a few years, each company claimed,... Read more âș
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Hi, welcome to your Weekend.Itâs been 10 years since the movie âHerâ introduced us to a queasy future in which a man falls in love with his AI-powered digital assistant. Guess who loved that movie? Yup, Sam Altman, the father of ChatGPT. âThe things âHerâ got rightâlike the whole interaction models of how people use AIâthat was incredibly prophetic,â he said earlier this summer. So it should come as no... Read more âș
0
âThereâs been 10 years of women that are championing other women,â singer-songwriter Katy Perry said to The Information CEO Jessica Lessin and a crowd of 232 women at The Estate Yountville in Napa Valley, Calif. âThe positive of social media is that it took the gatekeeper away.âŠItâs up to you to become that entrepreneur that you want to wanna be.â Perry was the headlining speaker at The Informationâs Women in... Read more âș
2
Tech giants usually prefer to avoid Washington politicians and bureaucrats. Congressional hearings, Justice Department lawsuits and Securities and Exchange Commission probes are no fun. But a new generation of tech companies is finding governments are more likely to be customers than adversaries. Thatâs clear from the under-the-hood financial details we got this week on startups Anduril and Shield AI, which are selling a growing array of autonomous software and war-fighting... Read more âș
0
Some observers saw Sam Bankman-Friedâs decision to testify in his trial on fraud charges as a Hail Mary pass. But he might not have had any other choice. Bankman-Fried began testifying before the jury Friday morning, the third witness called by his lawyers, following brief appearances by his Bahamas lawyer and an expert witness who testified about FTX accounts. Essentially, though, the former FTX CEO, who faces up to 110... Read more âș
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People often ask me how being a founder changes how I report on founders. Let me count the ways! I got the chance to discuss some of them as the gang debated the state of founderhood and some prominent founders of the moment. I hope you enjoy. Apple Spotify YouTube Read more âș
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In November 2020, marketing consultant Sarah Eade Bengard was in St. Barts, mingling at a venture capitalist friendâs beach party, when she noticed something strange. A number of guests had small circular sensors dotting their upper arms. They were continuous glucose monitors, medical devices usually reserved for diabetics who need to track blood-sugar spikes and plunges. âIt was definitely the type of group that cares a lot about fitness,â Bengard... Read more âș
5
The Informationâs readers are using artificial intelligence to create voice-overs for TikTok videos, summarize legal documents and maintain their lawns, among other tasks, they say in interviews.In our recent survey of 593 subscribers, almost 90% said they use AI, and two-thirds of that group said they are paying for one or more generative AI services (see the full survey results here). I spent the week talking to readers about how... Read more âș
0
In late September, a stakeholder in Humane received a humbled message from the startup. The Information had just broken the news that OpenAI CEO Sam Altman had been secretly meeting with renowned former Apple designer Jony Ive. The duo was dreaming up the âiPhone of artificial intelligence,â according to later reports, and had been speaking with SoftBank CEO Masayoshi Son about funding their plans. Unfortunately for Humane, the idea sounded... Read more âș
50
Amazonâs artificial intelligence growth is a sight to behold. No, the company didnât report how much money itâs making from AI, and it probably wonât anytime soon. Weâre talking about the expanded use of AI buzzwords in its earnings release. References to Bedrock and CodeWhispererâtwo generative AI products from Amazonârose 67% and 200% in the third-quarter release compared to the second quarter, while mentions of Anthropicâthe hot AI startup Amazon... Read more âș
0
Itâs Kalley Huang, reporting from The Informationâs Women in Tech, Media and Finance Summit in Yountville, Calif. Creators and influencers are increasingly launching their own companies to expand their audiences and to generate revenue beyond sponsorships. But their names arenât enough to sell offline brands, said Erin and Sara Foster, the acting and writing sisters who host âThe Worldâs First Podcast,â and have co-founded clothing retailer Favorite Daughter.âLook at Kim... Read more âș
1
The coming wave of fintech failures. How to âown your storyâ while working for a leader like Elon Musk. A regulatory crackdown on artificial intelligence. And the repercussions of bad press on high-profile female founders. These are some of the topics discussed by speakers at The Informationâs Women in Tech, Media and Finance conference in Napa Valley, Calif., Thursday. Jackie Reses, CEO of venture-backed Lead Bank that provides financial services... Read more âș
0
You might have noticed that Thrive Capital has made a number of bold bets this year, leading massive investments in Stripe, Ramp and OpenAI once again, even as other late-stage investors have pulled back. Special-purpose vehicles helped buttress the firmâs Stripe investment, while lowering the risk of its core fundâs performance. The same could be true of its OpenAI investment.Last week, I reported that Thrive Capital is leading a deal... Read more âș
0
Women founders who started their own venture firms say the autonomy has allowed them to alter stubborn industry practicesâa benefit thatâs worth the risks of failure. âIf I'm going to do this, I'm going to build it from the ground up,â said Rachel Holt of her decision to co-found early-stage venture fund Construct Capital in 2020, after more than eight years at Uber. She said âchallengesâ at existing VC firms... Read more âș
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Congratulations if you already knew that Intel, the American chip pioneer, had started selling artificial intelligence-related softwareâas opposed to just hardwareâto businesses that want to build generative AI apps. I had no idea myself until I wrote a story on Wednesday about Intel expanding that effort. Itâs planning to announce the move sometime in the coming months.Before you laugh off the project due to Intelâs also-ran status in the great... Read more âș
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Anduril, the defense tech startup that says itâs trying to build the âLockheed Martin of the 21st century,â laid out lofty goals to investors early last year. It set its sights on $1 billion in annual revenue by 2026, five times its expectation for $200 million of revenue in 2022. Achieving that ambition will be expensive. The six-year-old startup, valued last year at $8.5 billion by Founders Fund and others,... Read more âș
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A U.S. official said a new Chinese restriction on the export of graphite is a warning that Beijing could also crack down on other materials vital to the electric vehicle industry. Giulia Siccardo, director of the U.S. Department of Energyâs office of manufacturing and energy supply chains, said U.S. auto companies should rethink their reliance on Chinese supplies âthat look very cheap and abundant right now [but] may not always... Read more âș
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Meta Platforms CEO Mark Zuckerberg has 34.1 billion reasons to be satisfied with the social networkâs third-quarter result, released Wednesday afternoon. Thatâs how many dollars Meta reported as revenue, near the top end of the companyâs guidance, and representing 23% growth over the year-earlier revenue line. Thatâs a return to the kind of growth rate we saw routinely from Meta before 2022, when a combination of Appleâs restrictions on ad... Read more âș
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Itâs all about artificial intelligence.That was the message from Meta Platforms CEO Mark Zuckerberg when he discussed the companyâs third-quarter earnings Wednesday on an investor call. Buoyed by strong overall resultsâthe companyâs revenue jumped 23% and profit nearly tripledâZuckerberg said the companyâs new AI tools will change the way people use Metaâs apps. These include âCreator AIs,â coming next year, which will help creators interact with fans.Thatâs all well and... Read more âș
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30.06.2026 15:24
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