Unity Software Reports Strong Growth in AI Ad Business
Unity shares have rallied nearly 200% since March as the company has reported that its new ad business was surging.
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Anthropic’s R&D Speed May Have Doubled Due to AI, Researchers Find
Engineers’ use of Anthropic’s Claude models to develop new model generations has substantially sped up the pace of AI progress, a report from AI nonprofit METR says.
Veteran Media Mogul John Malone Gives Up Controlling Stake in Liberty
Malone, who is 85 years old, was a major force in the media industry from the 1970s until the early 2000s.
China Blocks SoftBank’s $5.4 Billion ABB Robotics Deal
SoftBank struck a deal to acquire the company in Oct last year
Sequoia Closes London Office to Focus on Silicon Valley
The venture capital firm said it didn’t see a need for a European presence, amid a number of other structural changes it is making.
Snap Reports Anemic Ad Growth
Snap's daily user numbers were flat in the U.S. and Europe from the previous quarter, down from a year earlier.
Exclusive: Microsoft Lowered Data Center Spending Following Delays By Cloud Firm Iren
Iren, which reports earnings this week, is facing pressure as borrowing costs have risen.
DOJ Seeks Documents in Rippling, Deel Spy Case
The Department of Justice subpoenaed Rippling, seeking all documents produced during discovery in an alleged corporate espionage lawsuit the company is waging against rival startup Deel.
OpenAI Agrees to Buy Software Startup Pierre to Bolster Codex
Pierre makes developer tools that are already being used by Codex, OpenAI’s AI coding agent.
Uber Plans to Invest More to Build Self-Driving Car Availability
Uber is looking to bring in outside capital to help finance a big expansion of self-driving cars operating on its platform by 2028.
Stablecoin Issuer Circle Cuts 5% Jobs
Circle CEO says Binance remains “powerful” after suffering a $6.3 billion hack.
Chip Stocks and Neoclouds Sell Off on Election Results
Big tech stocks rose amid a broader market rally, reflecting greater certainty about the future.
Exclusive: Researcher Finds Vulnerability in Software Used for Data Centers
The vulnerability, patched Wednesday, would have allowed attackers to run their own code on the servers within datacenters and hijack websites.
California Billionaire Tax Losing After Polls Closed
Prominent tech billionaires had opposed the measure
Stunning Democratic Victories in Texas Bring Uncertainty for Data Centers, Musk
Musk previously blasted Democratic Senate candidate James Talarico as a “far left extremist.”
Democrats Ride Blue Wave to Retake House and Senate
With data centers on the ballot, Democrats notched huge electoral wins on Tuesday night.
Canva Lays Off Workers After AI Rollout Problems
The graphic design startup is struggling to grow its revenue amid worries that AI visuals will take over its territory.
Synopsys, Cadence Shares Drop 4% on The Information Report
Anthropic and OpenAI could compete with Synopsys and Cadence, if they eventually sell AI tools to help design chips.
AMD Projects Rapid Revenue Acceleration Over the Next Year
The result could provide a much-needed boost to the capital markets.
Google Gives Schools More AI Control, But Requires AI for Search
AI features will be turned off by default for schools, giving administrators the option to activate them
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.
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