Former Alibaba Researcher Announces New Startup on Digital and Physical AI Agents
Junyang Lin’s Pragmatik Labs is part of a wave of emerging neolabs in China.
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Recent Editions
CoreWeave’s Revenue Doubles But So Does Cash Burn
The company's high cash burn reflects the massive capital expenditures it is laying out to build a network of data centers.
Google’s Gemini App Hits 1 Billion Monthly Users
The search giant reached the milestone less than a month after reporting 950 million monthly active users.
OnlyFans Investor Plans Financial Products for Creators
Sagan highlighted that OnlyFans creators remain among the highest-earning yet most underbanked entrepreneurs in the world.
SpaceXAI Announces AI Agents Product ‘Grok Bot’
The product was jointly developed by SpaceXAI and Cursor.
OpenAI Special Projects Lead, Former COO Brad Lightcap To Depart
Lightcap's role has changed several times in the last year.
Manus to Return as an Independent Company as Meta Deal Unwinds
The AI startup asks users to back up data generated after the Meta acquisition
Exclusive: Anton Levy’s Layer Global Raises $1.1 Billion in First Close
The firm's fundraising comes despite a difficult moment for first-time funds.
Meta to Open-Source Flagship Muse Spark 1.2 Model
The Facebook owner’s latest move could provide customers with alternatives to popular Chinese open-source models.
Exclusive: Former OpenAI Robotics Lead Joins Anthropic
Caitlin Kalinowski quit OpenAI over its military negotiations in March.
Anthropic in New Datacenter Partnership With Macquarie, GIC
The initial focus will be on the United States but the parties will identify new sites as the project develops.
OpenAI Employees Sell $7 Billion in Tender
OpenAI employees have sold about $16 billion worth of equity in total.
Nvidia May Backstop Up To 25% Of Projects From $500 Billion Alliance With Wall Street Giants
Nvidia and the Wall Street giants are partnering to allow more AI companies to access the financing required to buy GPUs and build data centers.
Monday.com Projects Revenue Growth Slowdown in Q3
Monday.com management blamed a short term impact of layoffs on the growth slowdown.
Intel to Raise $15 Billion in a Stock Offering to Fund Expansion
Intel stock is up 175% over the past 12 months, reflecting a nascent turnaround it has demonstrated.
Zuckerberg Calls U.S. to Reduce Friction Around Open-Source
Meta unveiled its latest AI model, Muse Glimmer, which it making available on an open source basis.
Sony, TSMC to Invest $6.3 Billion in Image Sensor Joint Venture in Japan
The joint venture, which is expected to supply sensors for Apple’s iPhones, is also counting on future demand for AI-powered robots.
OpenAI Pauses Astra Work on Cyber Concerns
The model features multiple agents working together to solve difficult problems.
Nvidia Agrees to Invest Up to $3 Billion in Power Firm Behind Stargate
The investment values Lancium at about $10 billion in enterprise value.
Meta Must Pay $567 Million in New Mexico Child Safety Case
The penalty comes after a jury ordered Meta to pay $375 million in March, bringing the company’s total penalties in the case to $942 million.
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