Coinbase Cuts AI Spending in Half As Usage Rises, Armstrong Says
Coinbase has experimented with open-weight models developed by Chinese AI firms.
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White House lifts some export controls on Anthropic’s Mythos
The government will allow Anthropic to release its model to more than 100 U.S. institutions.
OpenAI Hires Apple Vision Pro and Smart Glasses Executive
The move represents the latest departure from Apple to the AI startup.
AWS Raises Prices for Some Nvidia Compute by 20%
It’s the latest company passing rising chip prices along to customers
OpenAI Releases GPT-5.6 to U.S. Government-Approved Customers
The move confirms The Information’s Thursday report that OpenAI will release the new models in a limited fashion over cybersecurity concerns.
SpaceX Debt Weakens, Stock Falls Below First Trading Price
A large dealer was quoting SpaceX’s 2056 bonds at as much as 0.28% higher than their issue price, which was 1.75% above treasuries.
Samsung Plans $648 Billion Investments in South Korea, Including New Foundries
The investments include $194 billion into chipmaking expansion to power the AI boom.
Bumble Explores Sale as Dating App Growth Slows
Founder Whitney Wolfe Herd, who stepped down as CEO in 2023 before returning to the top job a little over a year ago, has been trying to turn the company around.
NHTSA wants to remove brake pedal requirement for self-driving cars
The proposed policy change would remove regulatory hurdles for Tesla and Zoox.
Apple Raises Mac, iPad Prices Due to ‘Extraordinary’ Component Shortage
The company’s shares fell nearly 5% on the news.
Anthropic Accuses Alibaba of Illicit Access to Claude Models
Anthropic’s accusations of illicit Claude use by multiple Chinese AI developers this year come amid a growing tech rivalry between the U.S. and China.
Startup Trase Raises $107 Million to Help Large Firms Adopt AI
The startup aims to help healthcare and other large corporate customers learn how to incorporate AI-assisted automation into their business operations.
OpenAI Hires AWS Partnerships Chief in Business AI Push
As OpenAI looks to drum up more AI business from large corporate customers, it is turning to seasoned enterprise software veterans to lead the charge.
Qualcomm to Acquire Startup Modular for Nearly $4 Billion
Qualcomm has been looking for ways to compete better with rivals in the AI data center chip market.
Compute Data Startup Ornn Raises $33 Million in Andreessen Horowitz-led Round
The money will allow Ornn to expand from offering indices to creating a marketplace for buying and selling compute.
OpenAI and Broadcom Unveil AI Server Chip
The chip is a big step forward in OpenAI's effort to reduce its reliance on Nvidia chips and control its own hardware.
Alibaba Sues Pentagon Over Military Blacklist
Alibaba says the Pentagon’s claim of the company’s Chinese military ties has no basis.
OpenAI Execs Tout Ad Progress at Cannes
Ads for travel, retail, health and beauty and financial services products have been performing best thus far, OpenAI's ad chief said.
Meta Is Building a Prediction Markets App
The company is developing a new app that could let users bet on real-world events, as part of a broader push to launch new standalone apps.
Meta Unveils New Smart Glasses for $299
The launch marks the first of four smart glasses lines Meta plans to release this year.
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