Databricks Valued at $188 Billion as AI Demand Surges
The AI firm offers a range of proprietary and open source AI models, and it plans to use the funding to purchase additional GPU capacity.
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Recent Editions
Apple and U.S. Justice Department in Settlement Talks Over Antitrust Case
Apple has said it already resolved many of the issues
SpaceX Shares Drop After Aborted Starship Test Launch
It was SpaceX’s first attempted Starship flight test since the company went public in June.
Tech Stocks Drop Sharply Again
Among the worst hit was Elon Musk's SpaceX, whose shares fell 5% to $124, about $11 below its IPO price.
China Memory Chipmaker CXMT Seeks $8.6 Billion in Shanghai IPO
Congress urges the Commerce Department to prohibit Apple from purchasing memory chips from the Chinese chipmaker.
Chinese Leader Xi Calls for “Open Source, Open Collaboration” in Shanghai AI Conference
Xi’s presence at the event further elevates AI development in Beijing’s strategic priorities.
Moonshot AI’s New Kimi K3 Challenges U.S. Frontier Models
One coding leaderboard ranks the new Chinese open-source model above Anthropic’s Fable 5.
Meta Plans To Hire Former Top AWS Executive
Dave Brown will join Meta in the coming weeks as the company ramps up its data center expansion.
Exclusive: Microsoft Preps Mythos-Like AI Bug Finder
The new product will use multiple AI models to sniff out software bugs and automatically fix the vulnerabilities.
Exclusive: Humanoid, UK-Based Robot Maker, Becomes a Unicorn
New investment at a $1.2 billion valuation marks the latest installment in the humanoid frenzy.
Netflix Reports Slowing Revenue Growth for Second Quarter
Shares of the company fell 8% in after-hours trading, to $68.40, its lowest point in two years.
Uber to Buy Germany’s Delivery Hero For Around $14 Billion
The acquisition sharply expands Uber's presence in Europe, and its food-delivery operation globally.
Japan to Develop Homegrown AI Models With Nvidia’s Vera Rubin Chips
Nvidia is forging many partnerships as governments around the world accelerate their efforts to build their own AI capabilities.
Thinking Machines Lab’s First Model Gives Nod to Chinese Open Source AI
The startup says its new open-source model’s architecture design “largely follows” DeepSeek’s V3.
TSMC Plans Another $100 Billion U.S. Investment as AI Demand Surges
Rising demand for advanced AI chips prompted TSMC to lift planned 2026 spending to as much as $64 billion and forecast revenue growth above 40%.
Nvidia Releases New Robotics AI Model
It’s another effort to diversify from data center chips.
AWS Stops Selling Two Versions of Its Hardware For Private Data Centers
AWS is ending sales of two cloud hardware products that let customers process and analyze data in places like retail stores and factory floors.
SpaceX Shares Drop Below IPO Price
The stock has experienced significant volatility since its public debut in June.
Stripe, Advent Made Joint Offer to Buy PayPal
PayPal shares jumped 16% after news of the unsolicited offer.
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