Huawei Moves to Narrow Chip Gap With TSMC Despite U.S. Sanctions
Huawei says it has already built 381 chips on a new chip principle over the past six years, including products for smartphones and AI computing.
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White House, Anthropic Near Deal For Spy Agencies to Use AI
Anthropic's leverage in Washington appears to be rising.
SpaceX Completes First Starship Test of 2026
While the launch had some hitches, SpaceX touted it as a success.
Congress Launches Insider Trading Probe Into Kalshi, Polymarket
A House Committee warned that lawmakers may take action against the prediction markets.
Microsoft Consumer CMO to Depart Next Year
Mehdi is the latest of many senior Microsoft executives to depart or announce plans to leave the company this year.
Meta Launches New App ‘Forum’
The company also released an app called Instants earlier this month as part of a broader effort to launch many new apps.
SpaceX Delays Key Starship Test After Pre-Launch Problems
CEO Elon Musk said SpaceX would launch the rocket tomorrow if it can fix the problem overnight.
Workday Stock Jumps 10% After Company Reveals AI Agent Gains
The number of customers using its AI agents roughly doubled in the April quarter to more than 4,000.
Exclusive: OpenAI’s Altman Talks to Staff About IPO Timing
OpenAI CEO Sam Altman suggested that even if the company makes a filing for a public offering, it may hold off on the actual listing.
Blockchain.com Files Confidentially to Go Public
Ongoing crypto market sell-off could temper investor interest for crypto IPOs.
Exclusive: a16z Partner Returns to Full-Time Investing After Illness
Peter Levine, an a16z veteran who led the firm's investments in GitHub and Figma, plans to continue his longtime focus on AI and infrastructure startups.
White House Delays AI Executive Order Event
President Trump had been scheduled to sign the order in front of AI and tech executives on Thursday afternoon.
Anthropic Projects Turning an Operating Profit in Second Quarter
The company expects to generate $10.9 billion in revenue at the end of this quarter
SpaceX’s Revenue Growth Slowed to 15% in First Quarter
SpaceX showed a deteriorating financial profile in the first quarter after it absorbed xAI and prepared to go public.
SpaceX’s Anthropic Compute Deal Worth Up to $40 Billion
SpaceX is receiving $1.25 billion per month from Anthropic each month through May 2029, though either company can end the deal with 90 days’ notice.
Intuit Lays Off 17% of Staff as Revenue Growth Sinks to Lowest Level Since 2024
Intuit shares dropped around 14% in extended trading on Wednesday.
Nvidia Projects 95% Sales Growth in the Current Quarter
The AI boom is far from peaking, Nvidia results suggest.
Mercury Hits $5.2 Billion Valuation After Funding Round
Fintech startup Mercury said it raised $200 million at a $5.2 billion valuation.
OpenAI Prepares to File for IPO in Coming Weeks
A filing could put it in line to beat Anthropic to a public listing.
Weekday mornings
The Information AM by The Information Staff
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