theinformation.com·publisher·51 items·last fetched —
Jyoti Mann / The Information: Internal documents: Meta is placing strict limits on how engineers in its applied AI division can use Claude Code and Codex, fearing inadvertent distillation — As Meta Platforms…
Qianer Liu / The Information: Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment — In China, chip…
Laura Bratton / The Information: Sources: Salesforce staff worry Anthropic's Claude Tag could cannibalize Slackbot and give the AI firm more leverage over the enterprise software industry — When Anthropic on…
Catherine Perloff / The Information: AWS hikes prices for Nvidia GPUs in its EC2 Capacity Blocks service, which let businesses rent AI compute in advance, by 20%; Trainium chip pricing is unchanged — Amazon Web…
The Information: Sources: DeepSeek's $7.4B raise was prompted by the release of Mythos as CEO Liang Wenfeng realized DeepSeek couldn't compete without a massive war chest — Up until two months ago, DeepSeek, the…
Ann Gehan / The Information: Source: Google is asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models — Google is tightening…
The Information: Sources: Sam Altman told staff the US government asked OpenAI to stagger the release of GPT 5.6 over security concerns, approving “access customer by customer” — For AI companies on…
Erin Woo / The Information: Sources: Google expands the scope of its months-old AI coding strike team to “midtraining” to try to catch up with Anthropic, after major executive departures — Google is…
The Information: SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February — AI server chips that effectively compete…
Stephanie Palazzolo / The Information: RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024 — By some…
The Information: xLight, a startup developing advanced lasers for EUV machines, told investors that it is in talks to raise $350M led by Boardman Bay and Bain Capital — XLight, a startup developing advanced…
Juro Osawa / The Information: ByteDance unveils Seedance 2.5 in Beijing, saying the AI video model can generate 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0 — ByteDance on…
Eli Rosenberg / The Information: A profile of Sarah Polcz, the UC Davis law professor that Bernie Sanders' team consulted while developing his AI sovereign wealth fund proposal — A couple of weekends ago, Sarah…
Dakin Campbell / The Information: Source: Morgan Stanley is pitching data center developers to use leveraged loans rather than bonds, and estimates ~$15B will be issued this year in such loans — Morgan Stanley…
Erin Woo / The Information: Docs: OpenAI burned through $3.7B in Q1, on revenue of $5.7B, and ended the quarter with $73B+ in cash and marketable securities vs. $40B at the end of December — OpenAI burned through…
Yueqi Yang / The Information: Sources: Kalshi is generating $2B+ in annualized revenue, up about three times from November, and has held informal talks with banks about an eventual IPO — Prediction market Kalshi…
The Information: Sources: the early Chinese backers of Manus, including HSG, ZhenFund, and Tencent, plan to buy the AI startup back from Meta at the $2B price Meta paid — The early Chinese backers of AI firm…
The Information: Noam Shazeer leaves Google to join OpenAI as lead for architecture research; he rejoined Google as a Gemini co-lead in 2024 during the $2.7B Character.AI deal — Noam Shazeer, the Google DeepMind…
The Information: OpenAI's CSO Jason Kwon messaged staff that the company “strongly” told the US government that building AI “requires the best talent from around the world” — The U.S…
The Information: Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation — Tencent Holdings has backed a new…
The Information: Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng — Chinese AI lab DeepSeek has closed…
Leo Schwartz / The Information: Anthropic says its senior leaders met Trump admin officials on June 15, but no resolution was reached and both sides are working to resolve things quickly — Anthropic senior…
The Information: Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year — Qualcomm has been in talks to buy…
Leo Schwartz / The Information: Source: the White House is unlikely to extend export restrictions to other AI companies — The White House is unlikely to extend export restrictions on Anthropic's advanced models…
The Information: Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in motion new export restrictions — Amazon CEO Andy Jassy was among the tech…
Jyoti Mann / The Information: Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026 — Meta Platforms plans to…
Aaron Holmes / The Information: Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners — As Microsoft gets ready to…
The Information: Sources: six months after acquiring Rivos, Meta is struggling to integrate the chip startup and halted development of a chip for training its largest AI models — Meta Platforms bought…
The Information: How Anthropic is blindsiding business partners by launching potentially competitive products with little warning, changing pricing, and more — Weeks before Anthropic in April revealed Claude…
Anissa Gardizy / The Information: Sources: Anthropic signed 12+ initial agreements for direct data center leases, a first for the company, with Google potentially providing a financial guarantee — Anthropic is…
Qianer Liu / The Information: Sources: Google is in talks with Samsung to manufacture a memory input-output die for its 10th-gen Icefish TPU, while making the computing engine at TSMC — Google is considering…
Stephanie Palazzolo / The Information: Sources: Sam Altman told staff that OpenAI is expected to go public “within the next year” and OpenAI plans a tender offer “very soon” at a $687.69 share…
Anissa Gardizy / The Information: Sources: OpenAI is in advanced talks to lease a proposed 10GW data center campus in Ohio as part of a deal that could include financial backing from Nvidia — OpenAI is in…
Qianer Liu / The Information: Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials — TSMC's capacity…
Leo Schwartz / The Information: White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution — Sriram Krishnan, a top…
Grace Kay / The Information: Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off — SpaceX's AI lab has…
Aaron Holmes / The Information: In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout — Microsoft…
The Information: Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation — Data center developer Switch is in talks to raise…
Jyoti Mann / The Information: Internal documents: Meta is considering tiered pricing for “Hatch”, its planned OpenClaw-like AI agent tool, including a $200-per-month premium subscription — Meta…
The Information: Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022 — Nvidia has bought Kumo AI, a…
Cory Weinberg / The Information: Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war — Alphabet's plan…
Jyoti Mann / The Information: Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns — Meta Platforms is scaling…
The Information: Salesforce is acquiring CMS provider Contentful; source: Salesforce paid between $1B and $1.5B, a steep discount from Contentful's $3B valuation in 2021 — Salesforce is acquiring Contentful, a…
Aaron Holmes / The Information: Palo Alto Networks says Mythos found 24+ critical bugs, burning $1M+ of tokens, subsidized by Anthropic; some companies say they plan to boost Mythos spending — When Palo Alto…
Juro Osawa / The Information: Chinese AI developer MiniMax launches M3, a new coding model that it says rivals Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7 — Chinese AI developer…
Jyoti Mann / The Information: Internal memo: Meta plans to start testing an AI pendant in 2027, release new AI glasses next month, start a “Wearables for Work” unit for enterprises, and more — Meta…
The Information: Sources: ByteDance has partnered with chipmaker InnoStar to develop an AI inference chip modeled after Groq's LPUs, which are built to run AI models at low cost — TikTok owner ByteDance is…
Aaron Tilley / The Information: Sources: at WWDC, Apple is likely to showcase how 15 years of designing chips gives it an advantage in running AI locally, and will use a distilled Gemini model — At Apple's annual…
Jyoti Mann / The Information: Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools — Meta Platforms…
Michael Roddan / The Information: Polymarket is making it harder to use VPNs to access its service, blocking some IPs and suspicious accounts, and is asking some customers to identify themselves — In Russia…