Midjourney Revenue Now ‘Significantly’ Above $200 Million
The startup may finally need venture capital to move further into hardware.
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Recent Editions
Physical Intelligence Said to Discuss $11 Billion Valuation
Robotics startup Physical Intelligence is in talks to raise roughly $1 billion in a round that would value it at over $11 billion including the investment.
Google Reportedly in Talks to Finance Multibillion-dollar Data Center for Anthropic
Google has invested more than $3 billion in Anthropic, and is a major cloud provider for the company.
Microsoft Leases Texas Data Center Site After Oracle and OpenAI Walked Away
Oracle and OpenAI, which rents Nvidia AI servers from Oracle Cloud, walked away from the site earlier this year.
U.S. Officials Say China’s Largest Chipmaker Has Supplied to Iran’s Military
China’s chipmaking tool sales to Iran, ongoing for roughly a year, may violate U.S. sanctions if any of the equipment is of American origin.
Anthropic Discusses Q4 IPO, Preps ‘Claude Mythos’ Advanced AI
The company is testing Mythos with select customers.
Anthropic Wins Injunction Blocking Pentagon Blacklisting of Firm
Judge Rita Lin of the Northern District of California wrote that the supply chain risk designation was “likely both contrary to law and arbitrary and capricious.”
David Sacks Leaves White House AI and Crypto Czar Role
The venture capitalist will remain involved in politics as a co-chair of the President's Council of Advisors on Science and Technology.
X Lays Off CMO, Other Staff Ahead of SpaceX IPO
The company has also brought in Jon Shulkin, a longtime Musk investor and ally, to work as chief revenue officer as the site tries to cut costs and boost revenue, the Journal reported.
Meta Raises Investment in El Paso Data Center to $10 Billion
Meta said the facility will now run one gigawatt of capacity.
OpenAI Surpasses $100 Million Annualized Revenue From Ads Pilot
The revenue milestone comes six weeks after the ads pilot was announced.
Aligned Data Centers Raises $2.6 Billion in Debt
The company said it structured the debt so that it would count as investment-grade capital for insurance funds.
Amazon AI Chip Product Leader Departs
Amazon parts ways with one of the early employees from Annapurna Labs, the Israeli chip startup it acquired in 2015 for $350 million.
Microsoft Freezes Hiring at Key Cloud, Sales Groups to Improve Margins
Some senior Microsoft executives believe the company’s headcount won’t grow in the coming years.
Apple Plans to Open Siri Integration to More AI Assistants
ChatGPT has a Siri integration, but usage is minimal
OpenAI Puts Plans for Erotica in ChatGPT on Hold Indefinitely
In recent months, OpenAI has cut back on side projects as it looks to focus more on its core products for consumers and businesses.
Judge Approves Testimony that Microsoft Could Owe Elon Musk $25 Billion
The judge also admitted testimony from U.C. Berkeley professor Stuart Russell on AI safety.
AI Startup Sierra Unveils Self-Service Agent-Building Product
Sierra, valued at $10 billion after its last funding in November, takes a big step toward helping customers create agents without help from technical staff.
SpaceX IPO Bankers Will Forgo Coveted ‘Lead Left’ Position
The company will likely list the banks alphabetically.
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