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The Information
Kalley Huang @ The Information 2 place · 06/28/2025 12:49 EDT

Meta Hires Four More OpenAI Researchers

Meta Platforms is hiring four more OpenAI artificial intelligence researchers as Meta CEO Mark Zuckerberg continues an unprecedented recruiting effort to catch up to his AI rivals. The researchers, Shengjia Zhao, Jiahui Yu, Shuchao Bi and Hongyu Ren, have each agreed to join, according to a person familiar with their hiring. They follow four other OpenAI researchers whose hirings were reported a few days ago. Their hirings were made after... Read more

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The Information
Martin Peers @ The Information 3 place · 06/28/2025 11:56 EDT

Hewlett Packard Enterprise and Juniper Resolve DOJ Lawsuit

Hewlett Packard Enterprise has settled a Justice Department lawsuit aimed at blocking its $14 billion purchase of Juniper Networks, the companies announced, clearing the way for the deal to close. The government sued to block the deal in January, arguing that it would create a duopoly, with ... Read more

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The Information
Martin Peers @ The Information · 06/28/2025 11:44 EDT

Tesla Car Drives Itself to New Owner

Tesla announced that one of its vehicles had driven itself to its new owner’s home, in a big step forward for Elon Musk’s ambitions to dominate the self-driving car sector. A video posted on X by Tesla shows the car driving itself from Tesla’s Texas Gigafactory to its new owner’s home, about ... Read more

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The Information
Abram Brown @ The Information · 06/28/2025 10:00 EDT

Nintendo, the Next Apple?

Welcome, Weekenders! In this newsletter:• The Big Read: The deals, free agents and egos fueling the AI talent grab • The Top 5: The most rigorous summer camps• Plus, our Recommendations: A Pablo Escobar tell-all; Netflix’s latest sleuths; and the amazing Gila monsterMamma Mia! Nintendo’s Switch 2, the latest console from the venerable videogame company, is a bona fide hit. Currently, the device is nigh ungettable: Best Buy, Target, GameStop... Read more

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The Information
Todd Plummer @ The Information · 06/28/2025 09:03 EDT

The Most Rigorous Summer Programs for Silicon Valley’s Next Generation

Summer is here, and so is the crushing pressure of what camps or programs to sign your kid up for in order to impress on college applications. Looking to help your little one become the next Bezos? There’s a camp for that. As it turns out: Play your cards right, and this time of year can be just as fruitful a period for college applications fodder as the school year... Read more

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The Information
Martin Peers @ The Information · 06/27/2025 18:00 EDT

Apple’s “F1” Movie Opens, Spotlighting Puzzle Over Strategy

Can I have a show of hands of those who plan this weekend to see the new Apple-made Brad Pitt movie, “F1,” which opened today in theaters? It is the kind of film—full of shots of cars racing at high speed—that surely looks better on the big screen. That’s definitely the view of Eddy Cue, the Apple executive with responsibility for the company’s entertainment operations: He told Bloomberg in an... Read more

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The Information
Kalley Huang @ The Information · 06/27/2025 16:37 EDT

Meta in Talks to Raise $29 Billion from Private Equity Firms

Meta Platforms is in advanced talks to raise $29 billion from private equity firms as it invests further in building data centers for artificial intelligence, the Financial Times reported. Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions. Meta hopes to ... Read more

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The Information
Anissa Gardizy @ The Information · 06/27/2025 16:09 EDT

Google Convinces OpenAI to Use TPU Chips in Win Against Nvidia

OpenAI, one of the world’s biggest customers of Nvidia artificial intelligence chips, recently began renting Google’s AI chips to power ChatGPT and other products, the first time it has used non-Nvidia chips in a meaningful way, according to a person who is involved in the arrangement. The move reflects OpenAI’s broader shift away from relying on Microsoft data centers and could boost Google’s tensor processing units as a cheaper alternative... Read more

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The Information
Rett Wallace @ The Information · 06/27/2025 15:38 EDT

The Private Market Trap That’s Endangering U.S. Innovation

Every investor knows what’s wrong with private markets right now. Venture capital and private equity funds have delivered weak returns, few exits and little cash for investors, resulting in a brutal fundraising climate for funds and therefore companies. The bigger picture reveals a much worse problem: There is roughly $13 trillion trapped in private markets, and that could be killing the startup ecosystem. Read more

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The Information
Anissa Gardizy @ The Information · 06/27/2025 13:50 EDT

Nvidia Acquires Another Startup That Makes Its Chips Cheaper to Use

Nvidia this month acquired CentML, a startup developing software to make artificial intelligence run more efficiently on specialized server chips, according to The Logic. The startup’s chief executive officer, co-founders and other employees now work at Nvidia, according to their LinkedIn ... Read more

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The Information
Erin Woo @ The Information · 06/27/2025 12:04 EDT

Inside the Great AI Talent Auction: The Deals, the Free Agents—and the Egos

Say you’re at the top of your field. Say you’ve been promoted to be a senior researcher at OpenAI, watching the paper value of your equity swell as your company’s valuation goes from less than $20 billion to $260 billion in just four years. Say Mark Zuckerberg—yes, Zuck, personally—comes texting and calling, offering you tens of millions of dollars to help salvage his struggling AI lab. What do you do?... Read more

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The Information
Wayne Ma @ The Information 3 place · 06/27/2025 09:00 EDT

Microsoft’s AI Chip Effort Falls Behind

Microsoft has spent years designing its own artificial intelligence chips, in part to reduce its dependence on Nvidia. It isn’t going so well. The software giant, which Nvidia employees say was its largest customer by revenue last year, is taking much longer than expected to design its latest-generation AI chips, raising the possibility that the new chips will be even less competitive with Nvidia’s by the time they go into... Read more

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The Information
Anissa Gardizy @ The Information · 06/26/2025 23:30 EDT

AI Data Center Powered By Used EV Batteries Launches in Nevada

Redwood Materials, a battery recycling startup run by Tesla co-founder JB Straubel, is entering the data center market as demand rises for electricity for artificial intelligence. The company said Thursday it has launched a new business to repurpose used electric-vehicle batteries so they can ... Read more

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The Information
Martin Peers @ The Information · 06/26/2025 20:00 EDT

Kalanick May Ride Pony Back to Prominence

Welcome back, Travis Kalanick! We’ve missed you as a generator of news. The New York Times scooped the juicy news today that Kalanick is in talks to get Uber’s backing for a buyout of Chinese autonomous vehicle developer Pony.ai’s U.S. assets. Assuming the deal gets done, it may not involve big dollars—Pony’s market capitalization of $5.2 billion mostly reflects its Chinese robotaxi and autonomous trucking business—but the strategic implications are... Read more

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The Information
Natasha Mascarenhas @ The Information · 06/26/2025 19:36 EDT

Forerunner’s Green: ‘Virality’ Won’t Last for Some Consumer AI Startups

For more than a decade, Forerunner Ventures founder Kirsten Green has had a front-row seat on what’s hot or not in consumer startups. After a particularly brutal period for these startups when interest rates spiked, investors like Green are especially optimistic—largely because they’ve seen artificial intelligence breakthroughs create multibillion-dollar consumer businesses for OpenAI and Perplexity.“Typically, there is more money than amazing startups or exponential businesses,” Green said on the eve... Read more

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The Information
Martin Peers @ The Information · 06/26/2025 18:57 EDT

Uber in Talks to Back Kalanick on Pony Deal

Uber is reportedly in talks with its co-founder and former CEO, Travis Kalanick, about backing Kalanick’s buyout of Chinese autonomous car developer Pony.ai’s U.S. assets, the New York Times reported. The deal would likely enhance Uber’s strategy of partnering with a variety of robotaxi ... Read more

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The Information
Erin Woo @ The Information · 06/26/2025 18:36 EDT

Google Launches Payment Tool for Publishers

Google announced a free tool for helping publishers make money online from surveys, micropayments and other offerings, a sign that Google is responding to publisher complaints that new AI features like AI Overviews on Search are driving down traffic to publisher sites. The tool, called ... Read more

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The Information
Kaya Yurieff @ The Information · 06/26/2025 17:23 EDT

A New Startup Runs a Studio to Make Hit Creator Shows

Creator management firms help creators ink brand deals, but they typically don’t also have production facilities to help creators launch projects, such as recurring shows made for YouTube or TikTok.Scott Dunn and Chris Gera are taking a different approach with their new startup Unicorn, which is part talent management firm and part content studio. The two co-founders, who officially launched the company earlier this month, split the ownership rights of... Read more

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The Information
Kalley Huang @ The Information · 06/26/2025 17:13 EDT

Meta Hires Four Researchers from OpenAI, Discusses Buying PlayAI

Meta Platforms is hiring four researchers from OpenAI as part of an aggressive push to recruit talent and catch up in artificial intelligence, after stumbles over the past year. Lucas Beyer, Alexander Kolesnikov and Xiaohua Zhai are joining Meta from OpenAI’s office in Zurich, Beyer said on ... Read more

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The Information
Kaya Yurieff @ The Information · 06/26/2025 16:28 EDT

Instagram, TikTok Working on Smart TV Apps

TikTok and Instagram are working on versions of their apps for connected TVs following YouTube’s growth in the living room, The Information reported. The social media giants see an opportunity to capture some of the ad dollars moving to the streaming TV market. TV apps would give Instagram ... Read more

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