In recent weeks, there were growing signs that all wasn’t well inside Meta Platforms’ generative artificial intelligence group. The group’s pulse score—an internal measure of employee satisfaction—was among the lowest in the company, according to a person familiar with the matter. In feedback to leaders, group members complained about burnout, infighting and a lack of focus, the person said. To address that burnout, Meta’s leaders earlier this month took the... Read more ›
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Marc Benioff is in his happy place once again, buying companies. Salesforce’s deal to buy data management firm Informatica for $8 billion in cash is the first sizable acquisition Benioff has done since a bunch of activist investors in late 2022-early 2023 forced him to focus more on profits and less on deals. And it comes at a critical time for Salesforce: an explosion of AI “agent” software, which can... Read more ›
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The OpenAI deal that values Jony Ive’s artificial intelligence startup at $6.5 billion stands to reward investors in the stealth company handsomely—at least on paper.After becoming one of OpenAI’s biggest outside shareholders, Thrive Capital last year invested about $30 million in the device startup, called Io Products, according to a person familiar with the deal. That made Thrive one of the biggest investors in Io, which has been exploring several... Read more ›
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Texas signed an online child safety bill into law that would require app stores owned by Apple and Google to authenticate the ages of its users. The bill is intended to keep children away from harmful content found in apps that have been deemed to be inappropriate, including social media and ... Read more ›
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We are just one week away from our fifth annual creator economy event in Los Angeles!This year’s event, called The Future of Influence: What’s Next for Creators, Entertainment & AI, will bring together about 250 people, including creators, entrepreneurs, brands, tech executives and investors shaping the sector. (It’s not too late to buy a ticket here!)Creators are at the helm of entertainment, pop culture, media and advertising. While their power... Read more ›
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Elon Musk’s Neuralink raised $600 million at a valuation of $9 billion, Semafor reported Tuesday, citing anonymous sources. The brain-computer interface company implanted its third chip last month into the brain of an Arizona man with ALS. The Food and Drug Administration cleared Neuralink for ... Read more ›
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Apple claimed that it stopped more than $2 billion in fraudulent transactions and blocked 2 million risky apps from entering its App Store in 2024. Apple released the figures less than two weeks ahead of its annual developer conference and at a moment when it has suffered a series of potentially ... Read more ›
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President Donald Trump’s media company is raising $2.5 billion from big investors to buy bitcoin, deepening the president’s involvement in cryptocurrency. Trump Media & Technology Group, which operates Trump’s social media company Truth Social, will be following the lead of several other big ... Read more ›
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LLMs are improving rapidly, with new capabilities and record-setting scores on reasoning and coding benchmarks seemingly announced each week. And yet there remains a significant adoption gap, with organizations of all sizes still in the early days of translating these improvements into measurable business impacts. During a panel discussion at The Information’s Financing the AI Revolution event at the NYSE, reporter Stephanie Palazzolo discussed how companies are adopting AI with... Read more ›
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New AI-powered programming tools like OpenAI’s Codex or Google’s Jules might not be able to code an entire app from scratch just yet. But when it comes to working with large amounts of previously written code, those products could soon be saving developers a ton of time.For example, Codex excels at finding bugs in a large code base and suggesting potential fixes, according to Ryan Cox, who manages a team... Read more ›
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Meta Platforms on Tuesday overhauled its generative artificial intelligence group, which is responsible for the company’s key bets in AI, including its flagship large language model Llama and its Meta AI assistant, according to an internal post reviewed by The Information. As part of the ... Read more ›
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PDD Holdings’ revenue growth slowed and profits plunged in the first quarter, the Chinese e-commerce giant reported Tuesday, as U.S.-China trade tensions battered the company’s overseas discount bargain site Temu. PDD shares were trading down 15% on Tuesday morning. PDD, which doesn’t break out ... Read more ›
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Salesforce struck a deal to buy data management firm Informatica for $8 billion in cash, as the subscription software company looks once again to acquisitions to accelerate its growth. The acquisition is the first big deal struck by Salesforce since it bought Slack in 2021 for $28 billion, ... Read more ›
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Anthropic’s drop on Thursday of its latest generation of models—Claude Opus 4 and Claude Sonnet 4—landed lots of praise on social media, as early users highlighted how the models were able to stay on track for long-running coding tasks, like creating an entire CRM or complicated video games. (Our readers already knew some of this since we had scooped the upcoming model launches earlier this month.)The hype continued until a... Read more ›
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Three years ago, Elon Musk approached Apple with an eleventh-hour offer. Musk had heard that Apple was about to announce a feature for the upcoming iPhone 14 in partnership with satellite firm Globalstar that would allow iPhones to send text messages to emergency services in areas without cellular reception. He wanted Apple to instead use satellite internet service from Starlink, a Globalstar rival operated by Musk’s rocket company, SpaceX. His... Read more ›
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OpenAI said Monday it was opening an office in Seoul, its third office in Asia after Tokyo and Singapore. In a LinkedIn post, chief strategy officer Jason Kwon said weekly users of its ChatGPT have grown 4.5 times in South Korea over the last year. The country has more paid subscribers to the ... Read more ›
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Chime, a fintech that offers banking services to people with low and moderate incomes, says it aims to address the “fundamental misalignment between what’s good for banks and what’s good for consumers.” Now Chime is planning to go public, and the big question is what will be good for investors. The answer is complicated. Chime straddles the divide between fintechs that make their money on transaction fees and those that... Read more ›
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SoftBank Group founder Masayoshi Son has floated the idea of creating a U.S.-Japan sovereign wealth fund for investments in technology and infrastructure in the U.S., the Financial Times reported. The move could help the U.S. Treasury Department earn revenue without raising taxes, the newspaper ... Read more ›
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Global payroll startup Deel is bolstering its governance and ending some of its unusual practices as it fights accusations in a lawsuit that its CEO and board chair recruited and paid a corporate spy at its archrival, Rippling. Deel is moving its official corporate headquarters from its current location: a two-bedroom apartment in a San Francisco luxury high-rise. The fintech startup, which was valued at $12.6 billion in its most... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: How the ‘Technology Brothers’ seized Silicon Valley • The Arena: The WNBA and sports have an online abuse problem—and few good options• Policy: 5 ideas for fixing the FAA • Plus, our Recommendations: A journalist’s guilt trip; the secret of superkids; and a humorous, homicidal humanoidIncreasingly, we live in a time of hollow castles. What exactly do I mean? I’m talking about... Read more ›
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06.11.2025 05:07
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