Exclusive: Crypto Custodian Anchorage Digital Lays Off 17% Staff
Anchorage Digital, the first federally chartered U.S. digital-asset bank, was valued at $4.2 billion in February.
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Recent Editions
Lambda Secures $1 Billion GPU Loan
The fixed-rate facility carries an interest rate of 6.78% and will finance more than 30,000 Nvidia GPUs.
Amazon Pledges To Give Up NDAs, Give Back $1 Billion To Communities In Data-Center Buildout
CEO Matt Garman gave the pledge in a full-throated defense of the importance of AI Data Centers
Microsoft Debuts Voice AI to Compete with ElevenLabs
Microsoft also plans to sell the new voice model to developers of AI apps.
Neocloud Backed by Chinese Tech Giants Files for IPO
Shanghai’s Infinigence AI is among a growing number of companies supplying critical computing resources to power AI development.
U.S. Arrests Man for Smuggling Nvidia Chips to China
Smuggling of advanced Nvidia chips into China has become a complex multinational enterprise despite Washington’s crackdowns.
Chinese State-Backed Firm Funded Purchase of Nvidia Chips
Government funds are helping China access advanced Nvidia chips, even as Beijing pushes for the adoption of more domestic chips.
OpenAI Fires Three Safety Researchers
Company says the employees mishandled sensitive information in a way that violated policy.
Federal Court Dismisses Publishers’ Suits Over Google’s AI Overviews
In separate lawsuits last year, both firms alleged that AI Overviews siphoned traffic from their sites and cut affiliate revenue.
Exclusive: Nvidia, SoftBank Make Final $20 Billion Investment in OpenAI’s Last Round
Nvidia and SoftBank have each made the final $10 billion investment in each of their $30 billion pledges to OpenAI’s last funding round.
Sharon AI Announces $356 Million GPU-Backed Loan
The senior secured facility carries an interest rate of 9.95% before fees.
Data Center Infra Provider Accelevation Sinks In Post-IPO Trading
The company priced shares below their marketed range earlier this week.
OpenAI Accuses Moonshot of Distillation Campaign
As Chinese models become more powerful, OpenAI and Anthropic are amping up their criticism of Chinese labs for alleged distillation.
Microsoft Science President Peter Lee to Step Down
Lee is the latest in a string of senior executive departures from Microsoft announced this year.
Google Unveils Gemini 4 Argon, Pricing It Well Below Rivals
Company’s first new flagship frontier model in nearly a year will initially be available only to cybersecurity partners
Exclusive: Meta’s Muse Tops 3 Million Weekly Users
More than 1 million people now send prompts on Muse each day, according to internal data reviewed by The Information.
DeepSeek Open-Sources Software Tools for Huawei AI Chips
The move is part of DeepSeek’s push to adopt Huawei chips for its AI models, as China tries to reduce its dependence on Nvidia.
Banks Including SocGen, MUFG Pull Back From Data Center Loan Deals
With some lenders becoming more selective, companies may struggle to line up financing for planned data center projects.
Sydney Sweeney-Backed Novig Raised at $2 Billion Valuation
Novig, a sports-only prediction market, saw its valuation jumping from $500 million in Feb.
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