Welcome, Weekenders! In this newsletter:• The Big Read: Inside ZaiNar, the secretive startup hoping to power the physical AI era • Policy: Meet the Trump official who wants to deliver a win to prediction markets • Plus, Recommendations—our weekly pop culture picks: “Expanse: The Nannup Four,” “The Infinity Machine” and “Beef”Watching the Elon Musk versus OpenAI trial from inside the courtroom gave me a front-row seat to the AI boom’s... Read more ›
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Apple’s succession plans for its next chief executive have accelerated, with its board and senior executives preparing for current CEO Tim Cook to step down potentially next year, according to the Financial Times. Any announcement of succession likely won’t happen until after late January when ... Read more ›
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Bitcoin has tumbled into a bear market, but the real damage is in the companies that have hoarded crypto, hoping to mimic the gains of Michael Saylor’s bitcoin stock, Strategy. Strategy is down 44% since bitcoin peaked in early October. More importantly, it is now trading slightly below the value of its bitcoin holdings. Bitcoin is down 24% from its peak and has sunk below $100,000, weighed down by a... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Grindr’s boardroom feud • Plus, our Recommendations: “Harry Potter and the Sorcerer’s Stone,” “A Biography of a Mountain” and “Materialists”A bit of housekeeping: The Information’s Weekend section is looking for a reporter for a beat we’re calling “tech wealth and culture.” This person will cover how Silicon Valley’s moguls live large—their pursuits, their pastimes—and how they spend their money. Here’s a... Read more ›
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Apptronik, a humanoid robot maker backed by Google, is in the process of raising at least $400 million at a $5 billion valuation not including the new money, according to two people familiar with the discussions. The new round, led by B Capital, would at least triple the startup’s valuation from earlier this year, when it raised $415 million from investors including Austin’s Capital Factory and venture firm B Capital.... Read more ›
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Warren Buffett’s Berkshire Hathaway purchased shares in Google parent Alphabet worth $4.3 billion at the end of the third quarter, a vote of confidence in the search giant after its shares have surged this year. The investment, disclosed in a quarterly regulatory filing, adds to Berkshire’s ... Read more ›
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XAI plans to release its next-generation Grok 5 artificial intelligence model in the first three months of next year, CEO Elon Musk said on Friday. That’s later than a deadline Musk had previously set of releasing the model by the end of 2025. In an interview with the investor Ron Baron, who has ... Read more ›
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OpenAI said Friday it has begun piloting group chat capabilities in ChatGPT for people in Japan, New Zealand, South Korea and Taiwan. The move confirms The Information’s report from June about the feature, which could eventually help OpenAI’s chatbot compete more directly with Microsoft and ... Read more ›
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Shares of StubHub plunged 22% on Friday, the day after the ticketing company reported its first earnings result as a public company. The stock is now trading 38% below its IPO price, just two months after its debut. The company reported 8% higher revenue in the third quarter, a stronger growth ... Read more ›
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The week before Halloween, Grindr, the gay dating-and-hookup app, threw a big party near New York’s Chelsea neighborhood—its second annual Pleasure Ball. The theme: sexy garden, essentially. (“Nature’s gay and it’s hungry,” read the invitation.) Attendees showed up as scantily clad gnomes and fawns, and the crowd included influencers, New York advertising executives and Grindr CEO George Arison, who went attired in a velvet blazer affixed with bug-shaped brooches. Entirely... Read more ›
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Walmart CEO Doug McMillon will retire in January, the company said Friday. He’ll be succeeded by John Furner, who is currently the CEO of Walmart’s U.S. business. McMillon, who has held the top job since 2014, has overseen a period of dramatic change for the retail giant. During his tenure, the ... Read more ›
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TeraWulf was limping along as a publicly traded bitcoin mining business until AI companies suddenly wanted access to its data centers. Now the cloud startup is at the center of one of the hottest meme-stock trades. Shares in TeraWulf and competing crypto miners have soared in recent months after they struck deals with tech companies desperate for data centers and energy resources to power their AI bets. Anthropic, maker of... Read more ›
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If you listen to tech executives nowadays, AI can solve all of the world’s problems. OpenAI CEO Sam Altman likes to talk about AI’s potential to cure cancer. Elon Musk the other day promised that Optimus robots—AI in a hardware form—would “eliminate poverty” and prevent crime. But will AI cause almost as many problems as it solves? When it comes to cyberhacking, the answer is clearly yes, as Anthropic revealed... Read more ›
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After years of hype and hundreds of billions of dollars in investment, many executives are asking the same question: When will AI start paying off? Reports like MIT’s much-debated survey estimating that 95% of generative AI pilots fail suggest widespread frustration, but some companies are finally moving beyond experiments to projects with impact. To explore what successful adoption looks like in practice, The Information’s founder and editor in chief, Jessica... Read more ›
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Elad Gil, the venture capitalist who made early investments in Perplexity, Harvey, Stripe and Airbnb, has doubled the target size of his new fund to nearly $3 billion from $1.5 billion earlier this summer, according to a person with direct knowledge of the fundraise. If Gil succeeds in raising that much money, it would be the largest known fund raised by a solo general partner. The new target hasn’t been... Read more ›
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OneTrust, a nine-year-old startup that benefited from a wave of European and U.S. laws regulating how companies collect and share website data, is exploring a sale—possibly to private equity buyers, according to people familiar with the discussions. The Atlanta-based startup, which sells privacy and compliance software, is the latest venture-backed software firm to consider a sale rather than holding out for a public offering. The company, backed by Coatue Management... Read more ›
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Blue Origin, the space company founded and owned by Jeff Bezos, took a major step forward by successfully launching its giant New Glenn rocket and landing its booster stage on a barge off the coast of Florida. It was a landmark achievement for Blue Origin in its ambitions of creating reusable ... Read more ›
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Thinking Machines Lab, the AI company cofounded by ex-OpenAI Chief Technology Officer Mira Murati, is in talks to raise money at a roughly $50 billion valuation, according to a report from Bloomberg. The talks come just five months after the startup announced its last round at a $10 billion ... Read more ›
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Amazon has a new name for its satellite internet effort: Amazon Leo, a reference to its constellation of satellites in low Earth orbit. In a blog post, Rajeev Badyal, an Amazon Leo vice president, said that the satellite effort’s previous name, Project Kuiper, was a codename, which was inspired ... Read more ›
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Anthropic recently cut off access to its AI models for several hackers who were using the technology to carry out cyberattacks and espionage, the company said Thursday. Anthropic said the hackers, who were linked to the Chinese government, used its Claude Code tool to try to hack into 30 ... Read more ›
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Grayscale, the crypto asset manager owned by Digital Currency Group, a crypto conglomerate founded by Barry Silbert, filed publicly for an IPO, despite a slowdown in its business. Grayscale was the driving force behind getting crypto assets traded on stock exchanges. But competition from other ... Read more ›
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09.05.2026 12:16
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