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The Information
Rocket Drew @ The Information 3 place · 06/02/2025 10:00 EDT

As OpenAI defends its planned corporate restructuring against a range of nonprofit critics, it’s probably feeling pretty good about its decision last year to hire a number of personnel with deep ties to the Democratic establishment.Those hires, including career Democrat Chris Lehane, who leads OpenAI’s global affairs team, looked like a miscalculation once Donald Trump won the presidential election, especially given CEO Sam Altman’s previous Democratic allegiance. (Altman has changed... Read more ›

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The Information
Juro Osawa @ The Information · 06/02/2025 09:45 EDT

Alibaba Group is quickly establishing itself as a leader in open-source artificial intelligence models thanks to the successful launch of its latest models known as Qwen3. And that’s triggering changes both inside and outside the Chinese tech giant. Alibaba’s various business units are now ... Read more ›

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The Information
Juro Osawa @ The Information · 06/02/2025 09:00 EDT

When Alibaba Group’s cloud business unit announced the first generation of artificial intelligence models developed by its own team in 2023, the Chinese tech giant said in a statement that it would integrate the models, known as Qwen, into its various businesses “in the near future.” The reality wasn’t so simple. Each of the company’s six business units—including its cash-cow China e-commerce business and its online entertainment services unit—was making... Read more ›

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The Information
Cory Weinberg @ The Information · 06/02/2025 08:45 EDT

Banking app Chime plans to sell shares in an initial public offering at a price that would value it $10.3 billion and $11.1 billion, on a fully-diluted basis, the company said in a new securities filing Monday. The company set the price range ahead of a roadshow to meet investors over the ... Read more ›

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The Information
Natasha Mascarenhas @ The Information · 06/01/2025 13:00 EDT

It’s become one of the most popular private investing strategies of the last year: Firms including General Catalyst, Thrive Capital and 8VC have been investing in startups that buy services businesses such as call center operators, merge them with similar companies, and use artificial intelligence to boost sales and keep costs low. In the latest example, Chris Young, who led Microsoft’s ventures and acquisitions team for five years, has told... Read more ›

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The Information
Nick Wingfield @ The Information 2 place · 05/31/2025 18:54 EDT

President Donald Trump intends to withdraw the nomination of Jared Isaacman to lead NASA, an agency that is the source of some of the most lucrative contracts for SpaceX, Elon Musk’s rocket company, The New York Times reported. The decision—which came after Trump learned that Isaacman had given ... Read more ›

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The Information
Abram Brown @ The Information 2 place · 05/31/2025 10:00 EDT

Welcome, Weekenders! In this newsletter:• The Big Read: Jensen Huang’s precarious balancing act between Trump and China• The Top 5: The fanciest fitness memberships• Plus, our Recommendations: A forgotten horror; the mighty Sahara; and an internet star’s subtle-enough sitcomAnthropic has a shiny new addition I can’t stop thinking about: Reed Hastings, who is joining the AI startup’s board. I wonder if his arrival might hold greater significance than we might... Read more ›

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The Information
Alex Perry @ The Information 2 place · 05/31/2025 09:00 EDT

What do thousands of dollars at a fitness center get a person? Amenities like AI-powered weightlifting machines, in-house physicians, meditative sound baths and color-coded, know-it-all orbs. Earning a clean bill of health has never inspired such extravagance. Here are five of the most luxe fitness memberships popular among the technorati and their ilk. Read more ›

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The Information
Wayne Ma @ The Information · 05/30/2025 22:01 EDT

Nvidia is developing a new chip for China that for the first time will allow customers to connect multiple chips together to create higher-performance computing clusters, The Information reported. The move comes as the U.S. tightens restrictions on sales of advanced chips to China, though the ... Read more ›

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The Information
Wayne Ma @ The Information · 05/30/2025 21:53 EDT

Nvidia CEO Jensen Huang has been meeting with President Donald Trump more than what’s publicly known in an effort to persuade the administration to roll back restrictions on its sales to China, The Information reported. The move comes as Trump’s second term has upended the dynamics of ... Read more ›

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The Information
Kevin McLaughlin @ The Information · 05/30/2025 20:03 EDT

The Trump administration, along with Elon Musk’s Department of Government Efficiency, have apparently chosen Palantir to be the main provider of data analytics technology to the federal government, as the firm in recent months has landed more than $113 million in software contracts ... Read more ›

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The Information
Sri Muppidi @ The Information · 05/30/2025 18:23 EDT

A Nokia pension plan has told some U.S. VC funds that it was selling its stakes in those funds, The Information reported on Thursday. Lexington Partners, a New York investment firm that specializes in buying VC funds and startup shares from other investors, bought some of those stakes, worth ... Read more ›

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The Information
Martin Peers @ The Information · 05/30/2025 18:19 EDT

Elon Musk has left the building—the White House, that is. President Donald Trump gave Musk a farewell press conference today, complete with a golden key (literally), marking the end of Musk’s formal time overseeing the Department of Government Efficiency. While both Trump and Musk said the Tesla CEO would visit Washington from time to time, Musk has made it clear his focus is now firmly back on his companies.As polarizing... Read more ›

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The Information
Erin Woo @ The Information · 05/30/2025 17:48 EDT

A federal judge questioned whether he should impose restrictions on Google’s actions in AI in order to address its illegal monopoly in search, as both the government and Google made their closing arguments in the remedies phase of the Google search monopoly trial on Friday, Bloomberg reported. ... Read more ›

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The Information
Ken Brown @ The Information 3 place · 05/30/2025 15:56 EDT

Mary Meeker says artificial intelligence is growing faster than anything that came before it. The technology has spread rapidly across the globe and “AI leadership could beget geopolitical leadership.” The most famous internet analyst of the dot-com boom era says that and a lot more in a 340 ... Read more ›

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The Information
Qianer Liu @ The Information · 05/30/2025 15:35 EDT

The tightening of U.S. chip export controls on China has forced Chinese artificial intelligence developers such as DeepSeek to get creative, finding more efficient ways to train AI models on limited computing resources. And that creativity is likely to continue, according to two Chinese investors and startup founders who spoke at a subscriber call for The Information this week. “When we witnessed DeepSeek’s V3, we started to see that we... Read more ›

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The Information
Sylvia Varnham O'Regan @ The Information · 05/30/2025 14:53 EDT

President Donald Trump said that “almost all” the employees with Elon Musk’s Department of Government Efficiency are staying behind in the administration after Musk leaves this week. Trump made the comments at a joint press conference with Musk in the Oval Office Friday, during which Musk said ... Read more ›

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The Information
Cory Weinberg @ The Information · 05/30/2025 14:15 EDT

Banking app Chime has discussed about an $11 billion valuation with investors ahead of its initial public offering this month, The Information reported. That would rise from the about $8 billion its bankers were discussing earlier this month, but down from the $25 billion mark at which it ... Read more ›

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The Information
Aaron Holmes @ The Information · 05/30/2025 13:52 EDT

Microsoft has hired a former Biden administration official—and promoted a former Trump official—to serve in two senior legal roles as the company aims to maintain friendly relationships with both Democrats and Republicans in Washington. Microsoft hired former Biden administration lawyer Lisa ... Read more ›

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The Information
Cory Weinberg @ The Information 2 place · 05/30/2025 09:00 EDT

When banking app Chime goes public next month, it will mark the eighth straight venture capital–backed initial public offering in the past 12 months to be valued less than it was in private fundraising rounds. Chime, for instance, was valued at $25 billion in 2021, but its bankers have been discussing pricing its shares at roughly an $11 billion valuation, a person familiar with the matter said. It expects to... Read more ›

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08.11.2025 04:50
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