Fintech Wealthfront is planning to be one of the only tech firms to try to go public before the end of the year. It started its investors roadshow and published an updated prospectus Tuesday that set a pricing range for its initial public offering at $12 to $14 a share, implying a ... Read more ›
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Four out of five readers of The Information say they use new AI tools daily, mostly as a search and information tool, according to our latest subscriber survey. The next most common use cited by subscribers is handling small, routine tasks at work such as drafting messages and summarizing content. A smaller but notable share is taking advantage of AI’s most generative abilities—creating code, images and video—at home and work.... Read more ›
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OpenAI, which in recent weeks has appeared to fall behind Google in AI development, is fighting back with a new large language model codenamed Garlic.Last week, OpenAI’s chief research officer Mark Chen told some colleagues about the new model, which was performing well on the company’s evaluations, at least when compared to Gemini 3 and Anthropic’s Opus 4.5 in tasks involving coding and reasoning, according to a person with knowledge... Read more ›
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Torben Severson, the chief of staff to Amazon’s retail chief Doug Herrington, is leaving the ecommerce giant for OpenAI, where he will be head of global business development, Severson said on LinkedIn. Severson spent more than 17 years at Amazon. Until taking the role working for Herrington in ... Read more ›
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Google’s efforts to sell or lease its artificial intelligence server chips so they can run in any company’s data center—and not just in Google Cloud—have generated headlines, stock moves and a noteworthy response from AI chip leader Nvidia. It’s not lost on Nvidia that two of the world’s best AI models, from Google and Anthropic, were developed fully or partly using AI server chips made by Google rather than with... Read more ›
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Chinese short-video company Kuaishou Technology on Tuesday launched a new artificial intelligence model that seeks to integrate different stages of video generation. Kuaishou said that its new model, Kling Video O1, not only creates videos but also offers various editing capabilities, such as ... Read more ›
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Marvell is in advanced talks to buy Santa Clara-based chip startup Celestial AI in a cash-and-stock deal worth multiple billions of dollars, according to people with knowledge of the deal. Under the deal they’re discussing, Marvell would pay several billion dollars upfront for the startup, which has yet to generate any revenue, according to one of the people. Celestial has the potential to receive performance earnouts if it hits certain... Read more ›
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Nvidia bought $2 billion worth of stock in Synopsys, which provides software for designing semiconductors and is a Nvidia customer, the companies announced Monday. The investment is the latest in a slew of deals inked by Nvidia in software and AI firms that use its chips. Synopsys shares rose ... Read more ›
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OpenAI CEO Sam Altman on Monday told employees he was declaring a “code red” to marshall more resources to improve ChatGPT as threats rise from Google and other artificial intelligence competitors, according to an internal memo. As a result, OpenAI plans to delay other initiatives, such as advertising, Altman said. Read more ›
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You can always rely on Michael Saylor and the folks at Strategy to blaze new trails in corporate finance. Take Strategy’s announcement today that it had raised $1.44 billion by selling shares to—get this—establish a “USD reserve” to pay the $689 million it owes annually in dividends on its stock and interest on its debt. Usually companies try to pay both out of cash they generate from their businesses. But... Read more ›
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Amazon said Monday it has started testing a new ultrafast delivery service aimed at getting groceries and other staple items to shoppers in as little as 30 minutes, confirming an earlier report from The Information. The service is now live in Seattle and Philadelphia, Amazon said, and deliveries ... Read more ›
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Strategy, the largest bitcoin-holding stock, said it established a $1.4 billion dollar reserve by selling shares to pay dividends and interest, seeking to alleviate investors’ fear that it may be forced to sell its bitcoin to pay obligations in a market downturn. Michael Saylor’s Strategy, which ... Read more ›
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John Giannandrea, who was Apple’s artificial intelligence chief since 2018, is stepping down, Apple announced on Monday. Amar Subramanya, a former Google and Microsoft AI executive, will be joining Apple to take over some areas of the AI team, including AI research and internal foundation model ... Read more ›
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Amazon is planning a new ultrafast delivery offering for groceries and other daily essentials in major urban areas in the U.S., a critical test of the e-commerce giant’s ambitions to sell more daily staples to consumers and supercharge its grocery business. In recent months, Amazon has approached large consumer packaged goods brands to ask them for lists of products it could sell through the service, according to a person with... Read more ›
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OpenAI plans to invest an undisclosed amount of money in Thrive Holdings, a business launched by backer Thrive Capital to start and buy companies that could gain from artificial intelligence, such as accounting and other service oriented industries, Thrive Capital founder Josh Kushner announced ... Read more ›
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As Sri and I head to San Diego for the annual Neural Information Processing Systems conference this week (get in touch if you’ll also be there!), we’re excited to learn more about reinforcement learning, the model training technique du jour at all the major AI developers.There’s rising skepticism among researchers, including OpenAI co-founder Ilya Sutskever, about the effectiveness of RL and whether it can advance AI to the level of... Read more ›
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There’s a lot about Amazon’s efforts to put itself in the middle of the AI frenzy that hasn’t gone to plan over the past couple years. Its attempt to develop Amazon AI models that can compete with the most cutting-edge technologies from OpenAI, Google and others is still a work in progress. To buy time to improve Amazon’s own models, its cloud unit, Amazon Web Services, has bent over backward... Read more ›
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ByteDance is best known in the U.S. as the owner of TikTok. In China, the tech giant is also becoming known as a major force in cloud computing—so much so that it is now threatening Alibaba Group, long the undisputed king of cloud services in China. In one sign of the intensifying rivalry, executives at Alibaba have started to focus on the type of cloud offerings in which ByteDance has... Read more ›
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Moore Threads, a Chinese chip designer blacklisted by the U.S., drew frenzied demand from retail investors last week in its initial public offering on the Shanghai Stock Exchange. Its share offering was more than 4,000 times oversubscribed, according to an exchange filing. Moore Threads, which ... Read more ›
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Amazon Web Services and Google Cloud launched Monday a new jointly developed service that enables their customers to instantly establish high-speed connectivity between the two cloud platforms. Such a service would, for example, make it easier for customers using both cloud providers to move ... Read more ›
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15.03.2026 11:16
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