Musk Says SpaceX, Tesla Have Formed Committees to Explore Merger
This is the first step toward what would be the largest mergers of all-time, bringing together Musk’s sprawling empire.
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OpenAI Buys Drug Development Company Orchestra Bio
The acquisition is an early step toward the company’s long-stated goal of using its technology to help with biological research and drug discovery.
Insurers Pump Over $740 Million Into CoreWeave Debt Tied to Meta
Data center developers need money, and insurance giants want to find high-quality, high-yield debt.
Enterprise Sales Veteran Mike Clayville Returns to Amazon
Clayville, who helped Amazon Web Services learn how to sell large deals to Fortune 500 companies before leaving to join Stripe in 2020, has a new role at Amazon.
Salesforce to Acquire Marketing Software Maker Braze for Nearly $5.7 Billion
Salesforce has been on an acquisition spree lately.
Meta’s Global Affairs Chief Joel Kaplan to Leave in 2027
Executive helped shape the company’s political strategy and strengthen ties with the Trump administration.
Startup Launches Financing Platform for Neoclouds, Others Seeking Funds for GPUs
Compute Labs developed a service to match GPU buyers and lenders as its deal pipeline soared past $10 billion.
U.S. Sanctions Five Chinese Entities Linked to Google AI Trade Secret Theft
Convicted Chinese man had claimed his AI startup could replicate Google's technology, the State Department says.
Employee Who Bugged OpenAI Had Saudi Royal Ties, U.S. Prosecutors Say
Saudi national Abdulrahman Alfozan exchanged frequent messages with a member of the Saudi royal family and had “considerable support” from the Saudi government, according to the U.S. Attorney’s office.
Musk Plans to Give a SpaceX share to “Every Kid in America”
The 2027 giveaway would be worth nearly $11 billion, but he hasn’t said how it will work.
Nvidia Tells Suppliers to Tap TSMC Process for Next-Generation Memory Chips
Samsung has agreed to the standardization requirement, aimed at ensuring consistent HBM performance.
DeepSeek’s Upgraded V4.1-Flash Model Shakes Up AI Industry
The Oct. 17 update, which brings the affordable model’s performance closer to frontier levels, further intensifies the competition in the market.
Anthropic Commits At Least 5% of Shares to New Public Benefit Fund
The new entity, subject to stockholder approval, could get an additional 2% for every 50% increase in valuation.
Microsoft Pulls Out of Nscale U.K. Data Center Following Delays
The cancellation by Microsoft, one of Nscale's largest customers, is likely to weigh on its planned public offering this month.
China Proposes Export Controls on AI Technology
Beijing’s move comes as Chinese AI models have gained massive popularity around the world.
Tesla Unveils its Next Generation Roadster in Acrobatic Demo
Elon Musk said the company plans to begin production of the vehicle in 2028.
CoreWeave, Broadcom Object to Their Shares Tokenized on Blockchain
The SEC’s push to allow U.S. stocks trade on crypto venues faces pushback from some companies.
Anthropic Says AI Evaluators Can Now Work at Company
Anthropic says it has onboarded evaluators from research nonprofits METR and SecureBio, and is working towards doing so with Accenture.
Exclusive: Mueon Raises $65 Million to Rework How Data Centers Are Put Together
The year-old startup wants to make it easier to put more silicon into each cubic foot of data center capacity—and mix-and-match different types of server chips and memory.
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.
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