Warner Bros. Discovery has entered into exclusive talks to sell its film and TV divisions and streaming service to Netflix, Bloomberg reported. The move would represent a seismic shift in the media landscape by combining the world’s most popular streaming service with one of Hollywood’s most ... Read more ›
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To a casual observer, OpenAI and Anthropic might have appeared—until recently—to be the Uber and Lyft of the AI world, with Anthropic the distant rival to the dominant OpenAI. That feels to be less the case nowadays. In fact, Anthropic—with its disciplined focus on serving businesses and expectations it will turn a profit several years before OpenAI does—is starting to look like a surer bet. Anthropic CEO Dario Amodei’s appearance... Read more ›
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For years, there has been speculation about when $100 billion-plus private tech companies like Stripe, SpaceX and Databricks could go public. Now AI darlings OpenAI and Anthropic are on IPO watch. Like every company that takes on significant venture capital, both companies have had early conversations with financial institutions about the possibility of eventually going public, according to our sources. “Talk of a potential IPO or other exit someday helps... Read more ›
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Last week, Gap Inc. launched a chatbot to field product-related questions from Gap.com visitors, but the chatbot ended up discussing topics that fell outside the scope of questions it was supposed to handle, including intimacy products, sex toys, and Nazi Germany, according to a person with ... Read more ›
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The departures of senior executives from Apple continue to mount. On Thursday, the company announced two executives would be retiring in the coming months: general counsel Kate Adams and Lisa Jackson, vice president of environment, policy and social initiatives. Jennifer Newstead, who was ... Read more ›
2
When AI software sellers pitch their vision of the future, it can start to feel paradoxical.On one hand, sellers say AI can meaningfully automate large swaths of white collar work, which should in theory help companies save money because they won’t need to pay as many humans. On the other hand, if companies cut jobs while embracing automation, there will be fewer white collar workers buying software subscriptions.Earlier this week,... Read more ›
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Fluidstack, a cloud provider aiding Google’s AI chip push, is in talks to raise more than $700 million in new financing, according to two people with knowledge of the deal. A one-year-old investment fund started by ex-OpenAI researcher Leopold Aschenbrenner is in talks to lead the financing, one of the people said. Aschenbrenner’s fund, Situational Awareness, has stakes in AI cloud provider CoreWeave and AI developer Anthropic, which is a... Read more ›
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Amazon is negotiating its future relationship with the U.S. Postal Service, the company confirmed, although Amazon denied a Washington Post report that Amazon was considering ending its contract with the USPS in favor of its own delivery service. Amazon’s current contract with the Postal Service ... Read more ›
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Meta Platforms is discussing budget cuts as high as 30% in the group working on metaverse-related projects, including its Quest virtual reality unit, Bloomberg reported. The Bloomberg story said the cuts would likely include layoffs as early as next month. The report is a sign that Meta CEO Mark ... Read more ›
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Anthropic CEO Dario Amodei on Wednesday threw shade at archrival OpenAI, saying at The New York Times Dealbook Summit that “we don’t have to do any code reds.” It was a reference to our report Monday that OpenAI CEO Sam Altman initiated a “code red,” shifting staff to improve ChatGPT and image generation in response to Google’s success with its latest AI.Amodei maintains that Anthropic will be in a better... Read more ›
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In recent months, some websites have become increasingly concerned about an influx of traffic from what they suspect are artificial intelligence chatbots, which can drive up those sites’ costs and swipe their content. But separating the bots from legitimate human visitors is no easy task. Several months ago, for example, a staffer at cybersecurity firm DataDome prompted xAI’s chatbot Grok to visit a website DataDome runs to analyze security threats.... Read more ›
1
Salesforce reported 9% higher revenue in its fiscal third quarter ended Oct. 31, a marginal slowdown on its second quarter result, but the company raised its full year growth projection marginally. Its results also show that its flagship AI product, Agentforce, is growing rapidly but ... Read more ›
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Nvidia said one of its most powerful AI servers, which enables 72 chips to work in unison, can boost the performance of some of the world’s top open-source artificial intelligence models by a factor of 10. The announcement comes as Nvidia faces intense competition from other AI chips including ... Read more ›
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There may be some blurry light at the end of the tunnel for Marc Benioff. Salesforce’s fiscal third-quarter numbers released on Wednesday suggest its revenue from AI products is growing enough to lift its annual growth rate just a bit. Salesforce is still growing very slowly—its new projection is for revenue to expand 9.2% in the current fiscal year, when you exclude the impact of a recent acquisition. Still, for... Read more ›
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Database firm Snowflake said Wednesday its revenue rose 29% to $1.21 billion in the quarter that ended Oct. 31, beating its growth forecast for the quarter by 3 percentage points. CEO Sridar Ramaswamy attributed the growth to increasing usage of Snowflake’s database products by companies running ... Read more ›
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OpenAI has agreed to buy Neptune, a startup that makes tools for monitoring and analyzing progress during AI model training. Terms of this transaction weren’t disclosed but OpenAI is paying less than $400 million in stock, according to people with knowledge of the deal. OpenAI’s Chief Scientist ... Read more ›
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Morgan Stanley has held preliminary talks with investors about offloading some of the credit risk associated with its data center lending activities, Bloomberg reported. The bank is considering selling what’s known as a significant risk transfer product tied to loans it’s made to companies ... Read more ›
2
K2 Space, a young satellite manufacturing startup stocked with former SpaceX engineers, is raising hundreds of millions of dollars in a funding round that would roughly quadruple its valuation to about $3 billion, according to people familiar with the matter and a corporate filing. The round underlines how defense and space investing has attracted more generalist venture capital firms—and how expensive it’s become. Redpoint Ventures, an investment firm known more... Read more ›
0
Meta is hiring one of Apple’s top designers, Alan Dye, who ran the company’s user interface design team, Bloomberg reported. Longtime designer Stephen Lemay will take his spot at Apple, the news outlet reported. Apple’s design team has suffered from regular bouts of turnover since the company’s ... Read more ›
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The Information is thrilled to announce that Amy Dockser Marcus, a Pulitzer Prize-winning reporter from the Wall Street Journal and three-time book author, is joining The Information to cover health and science for Weekend. Over her career, Amy has become one of the most authoritative figures in journalism on the subject of how scientific advances are reshaping society. In recent years, her work for the Journal has included thought-provoking stories... Read more ›
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13.12.2025 10:36
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