Chinese Fintech Giant Ant Group’s Overseas Arm Raises $1.2 Billion
Ant International will use the proceeds to accelerate the expansion of its global payment network.
Weekday mornings
The Information AM
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
Recent Editions
China’s Zhipu AI Builds Data Center Using Only Domestic Chips
As the U.S.-China AI rivalry escalates, China is stepping up its effort to reduce its dependence on Nvidia chips.
Key Trump Administration AI Official Resigns After Three Months
Chris Fall led the Center for AI Standards and Innovation, a small agency within the Commerce Department.
Alphabet Stock Jumps After Information Report of New Google Chip
Google is working on a new chip that could be 6 to 10 times more efficient than its current line of homegrown AI chips.
Moonshot AI Seeks Investor Approval to Begin IPO Process
The IPO discussions come as the Chinese startup is disrupting the global AI industry with its powerful new open-source model, Kimi K3.
Alibaba Unveils New Model as Chinese AI Firms Shake Up Silicon Valley
Alibaba says its largest-ever model, Qwen3.8 Max, is second only to Anthropic’s Claude Fable 5.
Databricks Valued at $188 Billion as AI Demand Surges
The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity.
Apple and U.S. Justice Department in Settlement Talks Over Antitrust Case
Apple has said it already resolved many of the issues
SpaceX Shares Drop After Aborted Starship Test Launch
It was SpaceX’s first attempted Starship flight test since the company went public in June.
Tech Stocks Drop Sharply Again
Among the worst hit was Elon Musk's SpaceX, whose shares fell 5% to $124, about $11 below its IPO price.
China Memory Chipmaker CXMT Seeks $8.6 Billion in Shanghai IPO
Congress urges the Commerce Department to prohibit Apple from purchasing memory chips from the Chinese chipmaker.
Chinese Leader Xi Calls for “Open Source, Open Collaboration” in Shanghai AI Conference
Xi’s presence at the event further elevates AI development in Beijing’s strategic priorities.
Moonshot AI’s New Kimi K3 Challenges U.S. Frontier Models
One coding leaderboard ranks the new Chinese open-source model above Anthropic’s Fable 5.
Meta Plans To Hire Former Top AWS Executive
Dave Brown will join Meta in the coming weeks as the company ramps up its data center expansion.
Exclusive: Microsoft Preps Mythos-Like AI Bug Finder
The new product will use multiple AI models to sniff out software bugs and automatically fix the vulnerabilities.
Exclusive: Humanoid, UK-Based Robot Maker, Becomes a Unicorn
New investment at a $1.2 billion valuation marks the latest installment in the humanoid frenzy.
Netflix Reports Slowing Revenue Growth for Second Quarter
Shares of the company fell 8% in after-hours trading, to $68.40, its lowest point in two years.
Uber to Buy Germany’s Delivery Hero For Around $14 Billion
The acquisition sharply expands Uber's presence in Europe, and its food-delivery operation globally.
Japan to Develop Homegrown AI Models With Nvidia’s Vera Rubin Chips
Nvidia is forging many partnerships as governments around the world accelerate their efforts to build their own AI capabilities.
Thinking Machines Lab’s First Model Gives Nod to Chinese Open Source AI
The startup says its new open-source model’s architecture design “largely follows” DeepSeek’s V3.
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