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The Information
Anissa Gardizy @ The Information · 05/04/2026 12:33 EDT

Nebius, Lambda and CoreWeave Say ‘No’ to TPUs Amid Google’s Push

Good morning! Anissa here. We’ve been tracking Google’s effort to expand the reach of its tensor processing units for quite a while, and two developments last week helped us understand where things are actually headed.On one hand, Google said on its earnings call that it plans to sell its TPUs directly to customers for use in their own data centers—something we first reported last fall. The move marks a significant... Read more

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The Information
Stephanie Palazzolo @ The Information · 05/04/2026 10:00 EDT

Cursor Keeps Its Distance From xAI Despite Tie-Up

When Cursor agreed to a $60 billion conditional takeover offer from SpaceX last month—the purchase isn’t definite—some of Cursor’s rivals expected the coding startup to work with SpaceX’s xAI unit to develop new models, specifically for coding.That’s not happening anytime soon, apparently. Cursor doesn’t currently plan to codevelop coding models with xAI and is focused on improving its own model, Composer, which is powered in part by Chinese model Kimi,... Read more

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The Information
Laura Bratton @ The Information · 05/04/2026 09:00 EDT

SAP Moves to Block OpenClaw and Other Unauthorized AI Agents

Some enterprise software companies are worried enough about customers using AI agents to access their data that they’re planning to install tollgates to their apps. And then there are software companies like SAP. Last month, the $200 billion German firm published a policy document for customers, suggesting it would ban them from using external AI agents to access data they store in SAP apps without the company’s official endorsement. SAP... Read more

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The Information
Rocket Drew @ The Information · 05/04/2026 03:22 EDT

Musk Messaged Brockman About Settlement

Elon Musk messaged OpenAI president Greg Brockman to gauge his interest in a possible settlement of Musk’s lawsuit against him a couple days before the trial began, according to a document that OpenAI’s lawyers filed with the court on Sunday night. Musk sent his message on or about April 25, two ... Read more

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The Information
Laura Mandaro @ The Information · 05/04/2026 01:50 EDT

GameStop Makes Bid to Buy eBay for $56 Billion

Video game retailer GameStop said Sunday that it had offered to buy e-commerce site eBay for $125 a share in cash and stock, a 20% increase from eBay’s share price Friday. The games retailer said it’s now built a 5% position in eBay, which it started to accumulate on February 4. GameStop CEO ... Read more

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The Information
Laura Mandaro @ The Information · 05/04/2026 00:46 EDT

Anthropic Near to Finalizing $1.5 Billion Private Equity Joint Venture: Report

Anthropic is close to sealing the creation of a joint venture with private equity firms to sell its AI to the PE firms’ customers, the Wall Street Journal reported late Sunday, confirming earlier reporting by The Information. Anthropic, Blackstone and Hellman & Friedman are each expected to ... Read more

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The Information
Laura Bratton @ The Information · 05/03/2026 18:00 EDT

Palantir’s AI Pricing Power

Results from Google, Microsoft and Amazon last week showed AI is still fueling cloud revenues, news that helped lift the stock market to fresh records on Friday. This week, we’ll get a clearer glimpse into whether AI can also lift the lagging prices of software stocks such as Palantir and ServiceNow.Palantir kicks off the week’s wave of corporate earnings reports on Monday. Stock in the company, which sells software to... Read more

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The Information
Cory Weinberg @ The Information · 05/03/2026 11:00 EDT

SpaceX IPO Set to Drive Billions in Tech Stock Sales

A jet painted with SpaceX logos ferried nearly 200 investors from the largest Wall Street funds from Newark, N.J., to the southern tip of Texas a week and a half ago for a multiday presentation from executives. The airplane was so full it couldn’t fit everyone who wanted to get on, said an investor on the trip. The massive initial public offering for Elon Musk’s rocket-and-AI company, still more than... Read more

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The Information
Rocket Drew @ The Information 1 place · 05/02/2026 11:00 EDT

Doom Ban, Meme Coins and 7 More Highlights from Musk v. OpenAI

Welcome, Weekenders! In this newsletter:• The Big Read: Inside ZaiNar, the secretive startup hoping to power the physical AI era • Policy: Meet the Trump official who wants to deliver a win to prediction markets • Plus, Recommendations—our weekly pop culture picks: “Expanse: The Nannup Four,” “The Infinity Machine” and “Beef”Watching the Elon Musk versus OpenAI trial from inside the courtroom gave me a front-row seat to the AI boom’s... Read more

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The Information
Nancy Scola @ The Information 2 place · 05/02/2026 10:04 EDT

CFTC Chair Races to Stop States From Killing Prediction Markets

When Michael Selig took up his new position as head of the Commodity Futures Trading Commission a few months ago, he quickly embarked on an effort that seems fitting for a Trump administration official who would like to make it possible for every American living room to become a wagering parlor. Selig is a sports fan, and he filled the space with sports memorabilia, honoring his early childhood in the... Read more

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The Information
Anissa Gardizy @ The Information 3 place · 05/02/2026 10:00 EDT

Anthropic in Talks to Buy AI Chips From U.K. Startup

As Anthropic’s sales explode, straining the servers it uses, the company is considering adding another source of AI server chips in addition to existing suppliers Google, Amazon and Nvidia. The maker of Claude has recently been in talks with London-based startup Fractile to buy its inference chips, which aim to run AI models efficiently, when the chips become available next year, according to two people who have spoken to Fractile... Read more

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The Information
Anita Ramaswamy @ The Information · 05/01/2026 18:51 EDT

GameStop Eyes EBay Acquisition

Video game retailer GameStop is preparing a bid that it could submit as soon as this month to buy e-commerce site eBay, according to The Wall Street Journal. The news comes after GameStop CEO Ryan Cohen, who took the helm of the company in late 2023, said as recently as this January that he was ... Read more

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The Information
Julia Hornstein @ The Information · 05/01/2026 14:53 EDT

Founders Fund Raises $6 Billion to Invest in Later-Stage Startups

Founders Fund has raised $6 billion for its fourth growth-stage fund, according to a person with knowledge of the efforts. The fundraise comes less than a year after the firm raised its third growth fund, of $4.6 billion. Some $4.5 billion of the new fund comes from the firm’s limited partners, ... Read more

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The Information
Valida Pau @ The Information · 05/01/2026 14:12 EDT

S&P 500 Weigh Faster Entry For Mega-IPOs

S&P Dow Jones Indices, the index provider behind the S&P 500, said Friday it would consult with market participants to determine whether it should eventually let large stocks into indexes more quickly after their initial public offerings than current rules allow. The rule change could ... Read more

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The Information
Jyoti Mann @ The Information · 05/01/2026 14:05 EDT

Meta Acquires Robotics AI Startup

Meta Platforms has acquired Assured Robotics Intelligence, a startup developing AI models for humanoid robots, for an undisclosed sum. A company spokesperson said Friday that it had acquired the startup, which focuses on developing AI models that help robots understand and adapt to human ... Read more

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The Information
Jemima McEvoy @ The Information · 05/01/2026 12:02 EDT

Secretive ZaiNar Exits Shadows, Targets $5 Billion in Deals for GPS Alternative

A couple of weeks ago, Daniel Jacker, CEO and co-founder of ZaiNar, made me an alluring offer: Would I like to see the first-ever public demonstration of the technology his startup had spent nine years laboriously developing in anonymity? He described it as the most accurate location-tracking tech on the planet, capable of pinpointing an object’s whereabouts within inches—indoors and outdoors—from a great distance away. Sure, Google Maps and Apple’s... Read more

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The Information
Aaron Holmes @ The Information · 05/01/2026 10:20 EDT

Pentagon Signs Classified AI Deals with Seven Companies Following Anthropic Spat

The U.S. Department of Defense has signed deals with seven AI companies to use their technology on classified networks, the agency said Friday. The AI providers include SpaceX’s xAI, OpenAI, Google, Nvidia, Microsoft, Amazon Web Services, and the AI startup Reflection, the Pentagon said. Those ... Read more

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The Information
Juro Osawa @ The Information · 05/01/2026 09:00 EDT

Moonshot AI and Other Chinese Firms Weigh Corporate Overhaul in Wake of Meta-Manus Deal Reversal

Chinese tech startups such as Moonshot AI and DeepRoute.ai are considering changing their corporate structures—in which they’re technically based overseas—in favor of incorporating in China. That shift follows signals from China’s securities regulator that it is less likely to approve initial public offerings by local companies incorporated outside the country, say people with direct knowledge of the matter. The regulator’s new stance could make it harder for Chinese startups to... Read more

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The Information
Kevin McLaughlin @ The Information · 04/30/2026 22:15 EDT

Atlassian Shares Jump Nearly 25% as AI Search Boosts Product Sales

Shares of Atlassian, a provider of software that helps teams of developers and employees collaborate on projects, jumped nearly 25% after its third-quarter earnings, as investors responded to signs that AI is giving a boost to its business. Atlassian’s revenue grew 32% to $1.8 billion during its ... Read more

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The Information
Martin Peers @ The Information · 04/30/2026 20:10 EDT

Apple's Cash Strategy Shift

Tim Cook is going out with a bang. Apple reported a stellar March quarter on Thursday, delivering 17% higher revenue, thanks to 22% growth in iPhone revenues, a big change from several years of anemic growth in sales of the ubiquitous device. In other words, far more consumers are upgrading their old iPhones than has been the case for a while. Cook, who recently announced he would step down as... Read more

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