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Anissa Gardizy @ The Information 1 place · 07/14/2025 22:59 EDT

Nvidia Says AI Chips Sales Will Resume in China

Nvidia CEO Jensen Huang said Monday that the chip designer plans to resume selling an artificial intelligence chip to China that the U.S. government had previously restricted. After meetings in Washington, Nvidia said it had begun filing export license applications to sell the H20 chip, which is ... Read more

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15.07.2025 ♏︎ Dear Scorpio, today you can expect a relatively calm and even slightly challenging day. In... Read more ›
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Rocket Drew @ The Information 2 place · 07/14/2025 10:00 EDT

Grok 4 is the Real Deal

Before we get to today’s main column about Grok 4, we wanted to share four things we learned from the craziness on Friday, when Google snatched the CEO and technology behind Windsurf, a competitor to Cursor that OpenAI had agreed to buy for $3 billion just two months ago. Read more

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The Information
Martin Peers @ The Information 3 place · 07/14/2025 20:00 EDT

Zuckerberg’s AI Psychological Warfare

Mark Zuckerberg is trying to psych out his rivals in artificial intelligence. That’s one interpretation of his Threads post on Monday, declaring that Meta is “going to invest hundreds of billions of dollars” on AI computing capacity to build “superintelligence”—a new buzzword for the most advanced AI imaginable. That’s a more aggressive statement of intentions regarding AI spending than other big tech companies have made so far, although Zuckerberg didn’t... Read more

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The Information
Natasha Mascarenhas @ The Information · 07/14/2025 14:04 EDT

Cognition to Acquire What Remains of Windsurf

Coding assistant company Cognition has entered a definitive agreement to acquire the remaining staff and assets of Windsurf, according to a person with direct knowledge of the matter. All the remaining employees who did not join Google following a $2.4 billion licensing and recruiting deal ... Read more

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The Information
Juro Osawa @ The Information · 07/14/2025 11:55 EDT

ByteDance Developing Mixed Reality Goggles in Challenge to Meta

Competition in mixed reality devices is heating up. TikTok’s parent, ByteDance, is working on a lightweight mixed reality device that resembles a pair of goggles, according to three people with direct knowledge of the project. It’s following in the footsteps of Meta Platforms, which has been working on a similar product scheduled for release in 2027. Mixed reality devices let people overlay digital images over their real surroundings to enhance... Read more

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The Information
Kalley Huang @ The Information · 07/14/2025 16:15 EDT

Meta Discusses Developing Closed AI Models

Meta Platforms in recent weeks has discussed developing closed artificial intelligence models which would represent a departure from its current focus on open-source, or free, models, according to four people familiar with the discussions. Some leaders, including Meta’s chief AI officer Alexandr ... Read more

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The Information
Yueqi Yang @ The Information · 07/14/2025 16:06 EDT

Crypto Asset Manager Grayscale Files for IPO Confidentially

Grayscale, the crypto asset manager owned by Digital Currency Group, a crypto conglomerate founded by Barry Silbert, said it has filed paperwork confidentially for a U.S. initial public offering, joining the ranks of crypto firms seeking to go public after Circle’s successful debut. Founded in ... Read more

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The Information
Ann Gehan @ The Information · 07/14/2025 15:48 EDT

Shopify Adds AI Agent Policy Pushing Developers To Incorporate Its Checkout

Shopify took a step to restrict AI agents operating on its e-commerce platform, used by millions of merchants to run their online stores. The company has added a warning to the software code that its merchants use to power their online stores, flagging that it won’t permit agents and other ... Read more

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The Information
Aaron Holmes @ The Information · 07/14/2025 14:49 EDT

Pentagon Awards $200 Million Contracts to xAI, Google, Anthropic

The U.S. Department of Defense has awarded contracts worth up to $200 million to artificial intelligence developers xAI, Google and Anthropic to “address critical national security needs,” the agency said Monday. The Pentagon said OpenAI won a similar $200 million contract last month. The ... Read more

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The Information
Kevin McLaughlin @ The Information · 07/14/2025 13:34 EDT

AWS Preps New AI Service That Lets Customers Tap OpenAI Models

Amazon Web Services has been developing a new cloud service that lets customers build AI agents using models that it doesn’t currently offer access to through its Bedrock application development service, as we reported today. The new service will make it easier for AWS customers to use models ... Read more

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The Information
Nick Wingfield @ The Information · 07/13/2025 19:51 EDT

Elon Musk’s xAI Apologies For ‘Horrific Behavior’

In a series of posts late Friday night, the X account for Grok apologized for what it described as “horrific behavior” that many users of the AI chatbot recently experienced. Grok, which is operated by Elon Musk’s xAI, sparked outrage earlier in the week after it began posting on X in praise of ... Read more

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The Information
Nick Wingfield @ The Information 1 place · 07/12/2025 20:14 EDT

SpaceX Agrees to Invest $2 Billion into xAI

One of Elon Musk’s companies is giving another a helping hand. SpaceX, Musk’s rocket and satellite internet company, will invest $2 billion in xAI, the artificial intelligence startup that Musk recently merged with X, the social media service, The Wall Street Journal reported. The investment ... Read more

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The Information
Nick Wingfield @ The Information 2 place · 07/12/2025 12:07 EDT

Meta Acquires Voice AI Startup

Meta Platforms has acquired PlayAI, a startup working on artificial intelligence-powered voice technology, Bloomberg reported. PlayAI staffers will join Meta next week and report to Johan Schalkwyk, who previously worked at the voice startup Sesame AI, according to Bloomberg. Last year, PlayAI ... Read more

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The Information
Abram Brown @ The Information 3 place · 07/12/2025 10:00 EDT

A Tech Bro Gets Flooded By Hate

Welcome, Weekenders! In this newsletter:• The Big Read: How Dylan Field thrived after the Adobe deal died• Artificial Intelligence: Silicon Valley’s summer obsession? AI note taking • Plus, our Recommendations: A true crime podcast about a ninth life; the Roosevelts and the panda bear; and revisiting a cruise from hellAugustus Doricko has never been shy about his identity.When he spoke to The Information about a year ago, he likened his... Read more

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The Information
Abram Brown @ The Information · 07/12/2025 09:00 EDT

How Granola—and AI Note Taking—Grabbed Silicon Valley’s Attention

At the moment, many in the tech industry have developed a rather profound addiction to Granola. No, not to the crunchy breakfast-time oats—but to a software product made by a two-year-old startup that has come to dominate a crowded field of artificial intelligence–powered note-taking options. The tool from Granola, which was valued at nearly a half-billion dollars in May, has become something of an It App this summer among venture... Read more

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The Information
Natasha Mascarenhas @ The Information · 07/11/2025 19:33 EDT

Google Scoops Windsurf CEO After $3 Billion OpenAI Deal Talks Dissolve

OpenAI’s discussions to buy Windsurf, the maker of a popular artificial intelligence coding assistant formerly known as Codeium, have ended. Instead, Google will hire Windsurf’s CEO, Varun Mohan, and some of the startup’s staff, as well as pay for a nonexclusive license to Windsurf’s ... Read more

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The Information
Martin Peers @ The Information 2 place · 07/11/2025 18:00 EDT

Where AI Researchers Will Be Happy

We got big news this afternoon in the AI world, as we learned that OpenAI’s talks to buy Windsurf, maker of the popular Codeium AI coding assistant, have ended—and Google has hired Windsurf’s CEO and some staff. For more on this drama, see our story here. Lots of questions remain unanswered, including what these developments mean for Windsurf and its investors.Meanwhile, can you think of a more topical question than... Read more

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The Information
Miles Kruppa @ The Information 2 place · 07/11/2025 17:49 EDT

OpenAI, Windsurf Break Off Acquisition Talks Over Microsoft IP Concerns

OpenAI has ended discussions to buy Windsurf, the maker of a popular artificial intelligence coding assistant formerly known as Codeium. Instead, Google will hire Windsurf’s CEO and some staff, both Google and Windsurf said. The talks between OpenAI to buy the startup for $3 billion ended in recent days after Windsurf’s team raised concerns over how the coding assistant would fit into the OpenAI and Microsoft agreement, which requires OpenAI... Read more

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The Information
Anita Ramaswamy @ The Information · 07/11/2025 16:42 EDT

JPMorgan Moves To Charge Fintechs Hefty Data Access Fees

JPMorgan Chase sent pricing information to companies that help transfer consumer data between banks and fintech firms indicating it would start charging them millions of dollars worth of fees to access its customers’ bank account information, according to a Bloomberg report on Friday. The move ... Read more

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The Information
Kalley Huang @ The Information 3 place · 07/11/2025 16:15 EDT

Meta Hires Two More OpenAI Researchers

Meta Platforms has hired two more artificial intelligence researchers from OpenAI as Meta CEO Mark Zuckerberg continues his aggressive push to recruit AI talent, after stumbles earlier this year. Allan Jabri and Lu Liu, who worked on multimodal AI at OpenAI, are joining Meta’s new AI ... Read more

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The Information
Cory Weinberg @ The Information 1 place · 07/11/2025 12:38 EDT

With Figma IPO, Dylan Field Bounces Back From Adobe Fiasco

The main Department of Justice building, across from the National Archives in Washington, was the kind of brooding edifice Dylan Field had walked through a lot in 2023 as he tried to convince governments around the world to let him sell Figma, the design software startup that had been his life, to Adobe for $20 billion. He made a final attempt to win over the Justice Department in a December... Read more

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The Information
Juro Osawa @ The Information · 07/11/2025 11:50 EDT

Startup Behind Manus AI Agent Shuts Down China Team

The startup behind Manus, an artificial intelligence agent that went viral earlier this year and got financial backing from Benchmark, has shut down its entire China-based team, according to a person with knowledge of the situation. It’s the latest sign that Manus, whose biggest target market is ... Read more

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The Information
Qianer Liu @ The Information · 07/11/2025 09:00 EDT

Huawei AI Chip Redesign Aims to Break Nvidia’s China Dominance

China’s Huawei Technologies is plotting a fundamental redesign of its next artificial intelligence chip in a bid to seize market share from Nvidia. The Chinese tech giant is working on a new AI chip design that would allow its chips to be used for a wider array of AI development work than its current ones can handle, according to two people with knowledge of the plan. That would bring Huawei’s... Read more

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The Information
Martin Peers @ The Information · 07/10/2025 20:00 EDT

Tesla’s Late to Shareholder Meeting—and Why It Doesn’t Matter

Here’s a question: When was the last time anyone paid attention to a company’s annual shareholder meeting? More to the point, perhaps, when was the last time a company’s annual meeting really mattered? The answer to the first one (and maybe the second) is when a company drags its feet scheduling the meeting, as Tesla did—until today. On Wednesday, both The New York Times and The Wall Street Journal reported... Read more

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The Information
Natasha Mascarenhas @ The Information · 07/10/2025 18:36 EDT

How One New Solo GP Is Using AI to Identify Promising Founders

When former Bain Capital Ventures partner Sarah Smith raised a $16 million fund to back early-stage startups earlier this year, she decided to use artificial intelligence to answer a question that venture capitalists say usually comes down to human instinct: Which founders are worth meeting?The Menlo Park, Calif.–based investor developed a screening system using Anthropic’s Claude, which she says she trusts with sensitive information over other models. The system helps... Read more

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The Information
Kaya Yurieff @ The Information · 07/10/2025 17:00 EDT

A New Influencer Horror Film Shot at the Sway House

Influencers aren’t just appearing on TV screens, but also increasingly on big screens. On Friday, a new horror film starring digital creators called “Skillhouse” will premiere in some AMC and Regal showhouses.The film follows 10 fictional influencers who are lured into a content house where they have to compete in social media challenges and rack up likes in order to survive. The cast includes Bryce Hall, who rose to early... Read more

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The Information
Sri Muppidi @ The Information · 07/10/2025 15:36 EDT

Andreessen Horowitz Moves Legal Home from Delaware to Nevada.

Andreessen Horowitz is changing its incorporation from Delaware, where it has been incorporated since its founding in 2009, to Nevada. In a blog post on Wednesday, the firm wrote that the Delaware Court of Chancery has an “unprecedented level of subjectivity into judicial decisions,” while ... Read more

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The Information
Michael Roddan @ The Information · 07/10/2025 15:06 EDT

Revolut Looks To Raise At $65 Billion Valuation

Revolut is attempting to raise $1 billion in a new funding round that would give the UK-based fintech startup a valuation of $65 billion, the Financial Times first reported. Revolut offers free and low-cost banking services, such as accounts and money transfers, through an app. The neobank was ... Read more

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The Information
Kevin McLaughlin @ The Information · 07/10/2025 13:55 EDT

Glean’s Product Chief Moves Into Advisory Role at AI Search Startup

Tamar Yehoshua, president of product and technology at AI search startup Glean, recently left that role and is now a part-time advisor to co-founder and CEO Arvind Jain, according to a person close to the company and her updated LinkedIn profile. Yehoshua, who joined Glean in March 2024, ... Read more

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The Information
Aaron Holmes @ The Information · 07/10/2025 13:00 EDT

Why Some Companies Are Canceling ChatGPT Subscriptions

Companies that buy artificial intelligence chatbots for their workers have many options, and some of them have started looking for the cheapest option. That could explain new data from payments startup Ramp, showing a slight dip in the percentage of Ramp customers that spent money on AI products like ChatGPT between May and June, to 42% from 42.5%.Ramp’s more than 30,000 corporate card customers collectively spend billions of dollars annually... Read more

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