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The Information
Sara Germano @ The Information 1 place · 06/21/2025 09:00 EDT

Coming to Amazon: A 3D-Printed Nike Sports Bra?

More than 1,700 men have broken the 4-minute mile, but no woman has ever done so. The fastest any female runner has ever covered the distance is 4 minutes and 7.64 seconds, the current world record set by Faith Kipyegon in 2023. Which is to say: not even close. Nevertheless, Nike is staging a race in Paris next Thursday where Kipyegon will attempt the historic feat. The event will certainly... Read more

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The Information
Nick Wingfield @ The Information 3 place · 06/20/2025 20:00 EDT

Why SoftBank’s Robots-in-the-Desert Project Could Be a Mirage

Masayoshi Son is a man who keeps adding zeros to his grand ambitions. Apparently, the SoftBank Group founder isn’t content with his $500 billion Stargate plan to build artificial intelligence data centers and is now trying to rally partners, including Taiwan Semiconductor Manufacturing Co., to build a $1 trillion industrial complex in Arizona that will produce AI-powered robots, according to Bloomberg.There are a lot of reasons to question whether this... Read more

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The Information
Sri Muppidi @ The Information 2 place · 06/20/2025 18:30 EDT

Canva, Generating Significant Cash, Discusses Share Offer at $37 Billion Valuation

Canva is about to buy itself a little more time before a long-anticipated initial public offering. The Australian maker of design software is in talks to arrange a sale of shares held by current and former employees that would value the company at $37 billion, according to two people with knowledge of the fundraise. That’s just shy of its peak valuation of $40 billion four years ago. The sale resembles... Read more

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The Information
Rocket Drew @ The Information · 06/20/2025 16:41 EDT

SoftBank Proposes $1 Trillion Facility for AI and Robotics

SoftBank CEO Masayoshi Son is pitching companies and governments on setting up a manufacturing center in Arizona that could cost as much as $1 trillion, Bloomberg reported Friday. SoftBank is talking to tech companies including chipmaker TSMC and Samsung on the project, codenamed “Crystal Land.” ... Read more

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The Information
Natasha Mascarenhas @ The Information 3 place · 06/20/2025 15:45 EDT

Meta Discussed Buying Safe Superintelligence, Perplexity

As Meta Platforms sought to overhaul its artificial intelligence efforts earlier this year, it discussed buying or taking a major stake in several high-profile AI startups, including Safe Superintelligence Inc. and Perplexity, before ultimately striking a deal to invest $14.3 billion in ... Read more

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The Information
The Information Partnerships @ The Information · 06/20/2025 13:30 EDT

Four AI Futures for Enterprise Tech

Expectations about the impact of artificial intelligence on business are running high, but how will AI deployment unfold? The Information’s readers were presented with a survey detailing four different scenarios about how AI will play out in their companies, as defined by the EY organization, in the near and midrange future. Through careful analysis of emerging signals and trends, EY professionals have identified “four futures of AI” distinct scenarios for... Read more

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The Information
Kalley Huang @ The Information · 06/20/2025 12:52 EDT

Meta Announces Oakley-Branded Smart Glasses

Meta Platforms on Friday announced Oakley-branded smart glasses, which are targeted toward athletes. The glasses start at $399 and will be on sale later this summer, Meta said in a blog post. The announcement comes after Meta in September extended its partnership with EssilorLuxottica, the ... Read more

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The Information
Evan Robinson-Johnson @ The Information · 06/20/2025 11:41 EDT

Tesla Sends Invites to Public Testers for Robotaxi Launch on Sunday

Tesla’s long awaited robotaxi launch will take off Sunday in Austin, Texas—with essentially a babysitter in the passenger seat keeping an eye on the vehicle. In invitations to early testers of the service, Tesla noted that initial rides of the autonomous Model Y cars will include a “safety ... Read more

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The Information
Steve LeVine @ The Information 2 place · 06/20/2025 09:00 EDT

Why Humanoid Robots Are the Latest Front in America’s Tech War With China

Elon Musk’s forecasts of an ultralavish future for Tesla’s humanoid robot, Optimus, have not only been a boon to his company’s share price: They’ve provided a broad lift to nearly everyone working on humanoids, a technology once considered a fantasy land. One of the biggest beneficiaries is Apptronik, a scrappy Austin, Texas, rival working, in a partnership with Google DeepMind, on a humanoid robot called Apollo. In March, the Musk-created... Read more

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The Information
Jing Yang @ The Information · 06/20/2025 06:53 EDT

Meta Tried to Buy Safe Superintelligence, Now Aims to Hire its CEO

Meta Platforms tried to acquire Safe Superintelligence, the AI startup launched by OpenAI co-founder Ilya Sutskever, CNBC reported on Thursday, citing sources familiar with the matter. Sutskever rebuffed Meta’s offer and Mark Zuckerberg instead moved to recruit the startup’s CEO and co-founder ... Read more

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The Information
Abram Brown @ The Information · 06/19/2025 21:29 EDT

Scale AI’s Top Rival Hits More Than $1 Billion in Sales

Surge AI had more than $1 billion in sales last year, more than the revenue generated by its much talked-about competitor in data labelling, Scale AI. Last year, Scale AI had $870 million. There are other stark differences between the two startups: Surge is profitable, while Scale isn’t. And ... Read more

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The Information
Abram Brown @ The Information · 06/19/2025 21:24 EDT

Telegram Billionaire Plans to Leave Fortune to His 100-Plus Children

Telegram founder Pavel Durov says he will give away all his wealth to his kids—all 100 plus of them. Durov, who has an estimated $17.1 billion fortune, 40, has been a sperm donor for many years and has six children conceived naturally with three partners. None will have access to their ... Read more

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The Information
Nick Wingfield @ The Information · 06/19/2025 20:00 EDT

What a Scale AI Rival’s Extraordinary Success Says About the Meta Deal

The past week has been a steady drip, drip, drip of new details shedding light on Meta Platforms’ $14.3 billion investment in Scale AI and its hiring of the startup’s CEO, Alexandr Wang. The latest eye-opener came this morning in Stephanie and Cory’s profile of a Scale competitor, Surge AI, and its founder, Edwin Chen.In essence, they report, Surge has become the premium brand in data labeling, a business that... Read more

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The Information
Miles Kruppa @ The Information · 06/19/2025 17:00 EDT

Tokens Are AI Boom’s New Favorite Metric; Quick Payout for Friedman-Gross Fund

On Wednesday, Kalley and Cory broke the news that former GitHub CEO Nat Friedman and Safe Superintelligence co-founder Daniel Gross were in advanced talks to join Meta Platforms. Along with the hires, Meta is also discussing buying out a portion of the duo’s fund, which raised more than $1 billion two years ago.  Read more

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The Information
Kaya Yurieff @ The Information · 06/19/2025 16:00 EDT

Big Brands Are Thinking More Like Creators

Hello from the very hot French Riviera, where I’m wrapping up my time at Cannes Lions!On Thursday morning, I moderated a panel with two Mattel executives: Lisa McKnight, chief brand officer, and Jason Horowitz, global head of marketing and media. It’s striking how much brands are starting to operate more like creators. The most prominent example, of course, is Duolingo, the language learning app that uses its owl mascot Duo... Read more

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The Information
Laura Mandaro @ The Information · 06/19/2025 15:57 EDT

X Plans to Offer Trading, CEO Yaccarino Says

X CEO Linda Yaccarino told the Financial Times that users of the app would soon be able to make investments or trades on X. The move would expand owner Elon Musk’s vision of making X an “everything app,” and put it into direct competition with trading apps like Robinhood. X is already planning ... Read more

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The Information
Laura Mandaro @ The Information · 06/19/2025 15:37 EDT

Trump Signs Order Extending TikTok Deadline

President Donald Trump on Thursday signed an executive order extending the deadline for TikTok to find a new majority owner for its U.S. operations, or shut down, by another 90 days until Sept. 17, 2025. White House Press Secretary Karoline Leavitt said the administration will spend the next 90 ... Read more

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The Information
Nick Wingfield @ The Information · 06/19/2025 14:54 EDT

A European Rival to Starlink to Raise $1.5 Billion From Investors

Eutelsat Communications said it plans to raise 1.35 Billion ($1.5 billion) in an investment round led by the French government as the company seeks to expand its satellite internet service and rival to Elon Musk’s Starlink. In a statement, Eutelsat said that the fundraising round would increase ... Read more

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The Information
Nick Wingfield @ The Information · 06/19/2025 14:09 EDT

SpaceX Starship Rocket Explodes During Ground Testing

A SpaceX Starship rocket exploded late Wednesday night while on a test stand in south Texas, sending a huge fireball and plume of smoke into the sky. On X, SpaceX said a “major anomaly” occurred with the rocket at 11 p.m. central time, but that it had established a safety perimeter around the ... Read more

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The Information
Aaron Holmes @ The Information · 06/19/2025 13:26 EDT

Chatbots Get Cheaper; Anthropic Reigns Supreme in Coding

When DeepSeek released its high-performing open-source artificial intelligence earlier this year, Microsoft CEO Satya Nadella predicted that the price of AI models and applications would soon come under pressure. And he said that trend would prevent any one company from gaining a permanent advantage over others in selling AI to enterprises. “Buyers are smart,” Nadella said in a February podcast interview. “The open-source alternative will actually make sure that the... Read more

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07.11.2025 03:09
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