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
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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.
SK Hynix to Start Building Two New Chip Fabs Next Year
The South Korean firm is expanding production capacity as the global AI boom boosts demand for memory chips.
Beijing Launches Cybersecurity Review of Palo Alto Networks’ Products
The move comes amid escalating trade friction and tech rivalry between the U.S. and China.
Datadog Says Largest Customer Reduced Spending, Shares Drop 19%
Datadog investors seem concerned about why its largest customer is cutting its spending, but the answer may lie in the company's usage-based business model.
Lyft Reports Strong Demand, Expects Growth Slowdown
Its European taxi business and a record share of rides booked through partnerships lifted the average value of each trip.
Salesforce Plans 133 Layoffs in Washington, California
Some 74 employees will be cut in San Francisco, California, while 59 will be laid off in Bellevue and Seattle, Washington.
Airbnb Raises its Forecast as Travel Demand Rebounds
Airbnb now expects full-year revenue to grow "at least mid teens," up from "low to mid teens" guidance in the first quarter.
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