Welcome, Weekenders! In this newsletter:• Shopping: Introducing the Summer Fun List—gear, gadgets and toys that all come highly recommended• AI: Where is China ahead of America? In cracking down on AI romances • Plus, Recommendations—our weekly pop culture picks: “The Last Twelve Weeks,” “The Nord Stream Conspiracy”and “The Dark Wizard”Just after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Francisco’s Financial District... Read more ›
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Pitching a new customer for the first time can be intimidating. Especially if most of your conversations are with existing clients and warm leads, it is often difficult to know where to start with a new customer. The prospect may know little to nothing about your product or service offering, and it is easy to fall into the trap of over-explaining, racing through as much information as possible out of... Read more ›
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A year ago today, The Information launched TITV, our daily video show breaking down the biggest stories in tech. It made sense: the team known for breaking the biggest news in technology should break it on video, too. Our journalists were ready. Our guests were booked. We were all in.The launch did not go smoothly, to say the least. Read more ›
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As AI gets more advanced, researchers are increasingly telling me that it’s also getting harder to evaluate how good AI actually is at various tasks. Most obviously, as AI improves, it quickly saturates all the benchmarks we have today and researchers have to rush to come up with even harder evaluations that the models won’t immediately ace.There are more subtle reasons as well. Researchers at the International Conference on Machine... Read more ›
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Suddenly everyone wants to hand the government a piece of AI. Sam Altman has discussed giving up a stake in OpenAI. Washington already owns 10% of Intel and has said it will take a cut of Nvidia’s China chip revenue. Sen. Bernie Sanders (I-Vt.) wants every major AI lab to put half of its stock into a new sovereign wealth fund. In soccer terms, these are shots on goal, but... Read more ›
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DeepSeek is planning to raise funding again, weeks after its first fundraising closed, according to two people with direct knowledge of the matter. The Chinese AI lab raised 50 billion yuan ($7.4 billion) a month ago at a post-money valuation of more than $50 billion, The Information reported. ... Read more ›
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Chinese humanoid startup LimX Dynamics said on Tuesday it had closed a pre-IPO funding round at a 15 billion yuan ($2.2 billion) valuation, after raising $200 million from investors in China and around the world. The round is led by IDG Capital, one of China’s leading venture firms, Lens ... Read more ›
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You have to admire Meta Platforms’ public relations savvy. Its Monday announcement that it was putting an additional $40 billion into its giant Louisiana data center—making its total investment in the facility $50 billion—was perfectly designed to win over what has become a critical constituency in the data center market: local communities. “Teachers and Local Businesses Win as Meta Expands Louisiana Date Center” was the headline on the press release.... Read more ›
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Smartphone shipments around the world fell 11% in the second quarter, Counterpoint Research reported on Monday, which it said was the lowest second quarter levels in 13 years. The research firm attributed the sales drop to rising prices for smartphones caused by higher memory chip costs, which ... Read more ›
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Google is kicking off a ground war with Nvidia.While Google is one of the biggest buyers of Nvidia AI server chips, it has also been developing its own competing AI chip business that represents a threat to Nvidia’s dominant market share. Before this year, Google’s tensor processing units were housed almost entirely in Google facilities and could only be rented from Google Cloud. Now Google is trying to sell those... Read more ›
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I’m only slightly jet-lagged after coming back from last week’s International Conference on Machine Learning in Seoul, where AI researchers from around the world shared new ways to run and train models more efficiently. Oh, and they also discussed the looming possibility of AI automating away their jobs. (Check out my newsletter on that subject from Saturday here.) Thankfully for OpenAI, the conference ended before Apple filed its blockbuster lawsuit... Read more ›
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Meta Platforms said Monday it will invest an additional $50 billion to more than double the planned computing capacity of its Louisiana data center to five gigawatts from the two gigawatts originally announced in 2024. The data center was already Meta’s largest computing facility. Five gigawatts ... Read more ›
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One promise of the blockchain is that it could simplify the behind-the-scenes work of stock trades on Wall Street. That vision is due for its first real-world test in the coming days, when market infrastructure giant the Depository Trust and Clearing Corp. plans to demonstrate live stock trades on the blockchain. Still, the exercise will be modest. After years of work by the biggest U.S. clearinghouse to bring stocks onto... Read more ›
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Samsung Electronics aims to begin operations at its first chipmaking plant in the city of Yongin, south of Seoul, by 2029, bringing the timeline forward by up to two years, according to a Samsung spokesperson. The move comes amid a surging demand for memory chips and the AI infrastructure boom. ... Read more ›
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Online fashion retailer Shein received Chinese regulatory approval to list in Hong Kong, capping off the e-commerce platform’s tumultuous two-year quest to float its shares. The China Securities Regulatory Commission said in a statement on Friday that it had approved Shein’s application to sell ... Read more ›
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A group of states, led by California and including New York, Washington, and Connecticut, is planning to sue to block Paramount’s $111 billion acquisition of Warner Bros. Discovery, The New York Times reported. The lawsuit, which is expected to argue that the deal would harm competition for ... Read more ›
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Guess what—tech earnings season is back. Yes, you know you missed it. Netflix, as usual, will kick off the quarterly parade of earnings updates, releasing its second-quarter numbers on Thursday. The video-streaming giant’s quarterly updates have become humdrum affairs lately, but this one might be different, given that the company’s stock has lately been sliding as investors fret about its future growth prospects.Let’s not overstate things: On most metrics, Netflix... Read more ›
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Since its launch in 2022, Belgium-based electric long-haul truck startup Windrose Technology has raised some $400 million from Chinese banks and other investors, according to CEO Wen Han, who also says he plans to take the company public in the U.S. and Europe this year at a $2 billion valuation. Windrose has also sponsored a professional basketball club in Belgium and pledged millions of dollars to Stanford University. And yet... Read more ›
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It’s shaping up to be a big year for equity capital markets bankers, between SpaceX’s record-breaking debut and already public companies issuing stock at a rapid clip. One often overlooked part of the market is also active, fueled in part by the capital demands of the AI boom. At-the-market offerings, a type of share sale by public companies that’s popular when prices are rising, are having a busy year—and more... Read more ›
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Venture capitalist Vinod Khosla and his family announced an agreement on Saturday to purchase the Seattle Seahawks NFL team from the estate of Microsoft co-founder Paul Allen. While the Seahawks didn’t disclose the purchase price, multiple publications reported that the Khosla family was paying ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Welcome to the era of the eggmaxxer • Style and Shopping: A buyer’s guide to mogul casual, Sun Valley edition• Plus, Recommendations—our weekly pop culture picks: “Signal Hill,” “The Sixth Nik” and “X-Men ’97”As AI rapidly improves in areas such as coding and mathematics, AI researchers are facing the same identity crisis that software engineers and other white-collar workers have been grappling... Read more ›
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27.07.2026 06:54
Last update: 06:45 EDT.
News rating updated: 13:40.
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