Trump Traded Millions in Tech Stocks in Q1
The disclosures show that Trump made more than a dozen purchases and sales of Nvidia shares from January through March.
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Ackman’s Pershing Square Builds Microsoft Stake on AI Optimism
Ackman said Microsoft's recent stock slide has been driven by investors who “underestimate the resilience” of its Office 365 software.
Anthropic Calls for Tighter U.S. Chip Restrictions on China
Anthropic published a new paper on the threat from China’s AI development during President Trump’s state visit to China.
Trade Representative Greer: Chip Export Controls Not Major Topic in Talks With Beijing
Greer said China will make its own decisions on whether the country will buy Nvidia’s H200 chips or not.
Newmark Data Center Advisor Brent Mayo Departs for DigitalBridge
Newmark hired Mayo in 2023 as part of the formal launch of a data center practice group.
Anthropic Picks Co-Leads for $900 Billion Valuation Funding Round
Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital are co-leading.
Musk, OpenAI, Microsoft Lawyers Deliver Closing Statements
OpenAI’s lawyers argued Musk waited too long to bring his lawsuit.
Salesforce Chief Product Officer Fisher Steps Down
Steve Fisher, a close associate of Salesforce CEO Marc Benioff and one of the company's top technical leaders, is moving to an advisory role.
Thrive Capital Invests $100 Million in Shopify Shares
The e-commerce software maker has seen its share price fall nearly 40% so far this year.
Figma Sees Revenue Growth Jump as New AI Pricing Sticks
The design-software company's stock rose more than 8% after reporting its first quarter financial results.
Microsoft Names Former EY CEO to Board
Carmine Di Sibio previously spent more than 24 years at EY, ultimately serving as its CEO and chairman from 2019 to 2024.
Crypto Bill Advances in Senate, a Win Against Banks
A long-stalled crypto bill, the Clarity Act, moved one step closer to law.
U.S. Wireless Carriers to Work Together on Direct-to-Mobile Service
The arrangement could change how the mobile carriers do business with SpaceX’s Starlink Mobile service and other direct-to-cell providers.
Cerebras Shares Jump 68% in IPO Debut
Among the big winners from the IPO was venture capital firm Benchmark, which stands to make 12 times on its initial investment.
Treasury Secretary Bessent: U.S. and China Will Discuss “AI Guardrails”
Bessent said the U.S. can hold AI talks with China because the U.S. is the “undisputed leader” in AI.
Chinese Premier to U.S. CEOs: the Two Countries Should Be Friends, Partners
More than a dozen executives, including Tim Cook, Jensen Huang and Elon Musk, met with China’s No.2 official.
U.S. Clears Nvidia H200 Chip Sales to 10 Chinese Firms
Despite Washington's approval, Nvidia still faces hurdles due to Beijing's restrictions on Chinese companies' purchases of the H200 chips.
Cisco Shares Jump 18% as Cloud Providers Increase AI Product Orders
Cisco Systems, the world's largest seller of networking switches and routers, is benefits as major cloud providers respond to surging customer demand for AI.
Fervo Raises Nearly $2 Billion in IPO
Enhanced geothermal provider aims to deliver clean, reliable power for AI data centers.
Microsoft Says It Spent More Than $100 Billion on OpenAI
That includes the $13 billion Microsoft invested in OpenAI, as well as the costs of building and running infrastructure—including new data centers—for OpenAI.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy