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 ›
97
More than a few years ago, I met with ratings agency analysts covering giant telecom equipment companies like Lucent Technologies. The telecom bust had already begun, but the analysts remained optimistic about the companies’ future. They were wildly wrong.Roughly a decade later, the dominant ratings agencies, Moody’s and Standard & Poor’s, said that mortgage securities stuffed with risky loans were among the safest investments available. They were wrong again, and... Read more ›
0
Developing new artificial intelligence models can sometimes seem like a game of whack-a-mole: fixing a model’s bad answers to certain questions can cause the model to give bad answers to other questions.One version of this problem, according to researchers at OpenAI and elsewhere, is known as a split-brain problem, in which changes to how a question is phrased can lead to enormous variations in the AI-generated answer.It’s part of a... Read more ›
3
Executives at Microsoft and other enterprise software firms heralded 2025 as the year artificial intelligence would be capable of automating tasks that involve multiple steps, such as generating dashboards based on company sales data. But as the year comes to a close, Microsoft has lowered expectations for how quickly it can get customers to spend money on these newer products, known as agents. Multiple Microsoft divisions, for instance, have lowered... Read more ›
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For all the venture capitalist–inspired hype around tech startups, it’s always good to remember that many are too niche to ever amount to anything—and should never go public. We got a reminder of that on Tuesday when Italian conglomerate Bending Spoons said it would buy ticketing firm Eventbrite for $500 million in cash. That’s a stunning comedown for a company that went public in 2018 with a market value of... Read more ›
9
Dealmakers apparently did not get much of a break over the Thanksgiving weekend, as a flurry of recent merger announcements showed. In just the last day, The Information broke the news that Marvell Technology was buying photonics startup Celestial for billions of dollars and Anthropic was making its first outright acquisition, for coding tools startup Bun. And last week, we reported ServiceNow was buying Veza, a five-year-old startup whose software... Read more ›
0
Marvell Technology said Tuesday that it would acquire Celestial AI for $3.25 billion in a cash-and-stock combination, confirming a report in The Information late Monday night that the two companies were in advanced talks. The chipmaker is paying $1 billion in cash and $2.25 billion in stock ... Read more ›
0
Italian tech conglomerate Bending Spoons is acquiring ticketing firm Eventbrite for about $500 million in cash, ending Eventbrite’s eight year sojourn on the public market. The acquisition also follows a spate of other purchases by Bending Spoons, which appears to be specializing in snapping up ... Read more ›
0
Prediction market Kalshi said it raised $1 billion in a fundraising round led by existing investor Paradigm at a $11 billion valuation, more than doubled from its $5 billion valuation in October. Kalshi, which dominates the U.S. prediction market, is facing competition from rival Polymarket, ... Read more ›
1
Amazon Web Services and Google Cloud are arch-rivals in the cloud computing market, so it was surprising to hear them announce Monday that they’re working to make it easier for their joint customers to move data and develop applications that run on both clouds. Tech companies are constantly issuing announcements about working together, but this one is different. For years, AWS executives dismissed the trend of companies using multiple cloud... Read more ›
8
Amazon Web Services, at its annual re:Invent customer conference, unveiled a new Amazon AI model that can process text, speech, images and video, confirming our report from yesterday. Called Amazon Nova 2 Omni and currently available as a preview, it’s designed to save customers the work of ... Read more ›
1
Shopify said Tuesday its merchants generated $14.6 billion in worldwide sales during the Black Friday and Cyber Monday holiday shopping weekend, a 27% increase from last year. The average cart price was $114.70, a 5% increase from last year. That increase is likely affected by tariffs, which ... Read more ›
1
Anthropic is in advanced discussions to buy Bun, a maker of software used to run and manage code more efficiently, according to a person with knowledge of the deal. The artificial intelligence company is in talks to pay in the low hundreds of millions of dollars for the startup, which would be Anthropic’s first acquisition, according to the person. The acquisition would give Anthropic, which already has been using Bun... Read more ›
45
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 ›
0
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 ›
0
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 ›
15
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 ›
0
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 ›
14
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 ›
0
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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Most popular sources
Business Insider
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31% 12 |
Gizmodo
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10% 1 |
CNET
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8% 5 |
Financial Times
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5% 2 |
The Verge
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5% 1 |
| View sources » | |
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13.12.2025 08:23
Last update: 08:10 EDT.
News rating updated: 15:12.
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