California Billionaire Tax Losing After Polls Closed
Prominent tech billionaires had opposed the measure
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Recent Editions
Stunning Democratic Victories in Texas Bring Uncertainty for Data Centers, Musk
Musk previously blasted Democratic Senate candidate James Talarico as a “far left extremist.”
Democrats Ride Blue Wave to Retake House and Senate
With data centers on the ballot, Democrats notched huge electoral wins on Tuesday night.
Canva Lays Off Workers After AI Rollout Problems
The graphic design startup is struggling to grow its revenue amid worries that AI visuals will take over its territory.
Synopsys, Cadence Shares Drop 4% on The Information Report
Anthropic and OpenAI could compete with Synopsys and Cadence, if they eventually sell AI tools to help design chips.
AMD Projects Rapid Revenue Acceleration Over the Next Year
The result could provide a much-needed boost to the capital markets.
Google Gives Schools More AI Control, But Requires AI for Search
AI features will be turned off by default for schools, giving administrators the option to activate them
Shopify Stock Falls 7.6% After Company Discloses Profit Margin Drop Due to AI
Shopify reported 32% higher revenues for the September quarter, reflecting continued strong growth in its payments business.
Binance Says Hackers Used Bogus Job Interview and AI Tool
The crypto exchange said it has rebuilt the affected systems and tools.
China Signals Plans for Broad AI Safety Guardrails
Beijing is taking steps to balance the country’s rapid AI adoption with new regulations.
Nvidia Tells Cloud Clients to Take on Less China Business
Nvidia’s customers are told to broaden customer mix, though the requirement isn’t mandatory
OpenAI Hires Ex-Army Secretary As Senior Advisor
Dan Driscoll is returning to the private sector after resigning from his post as Army secretary in September.
Exclusive: Salesforce Acquires Startup Cresta for $2.7 Billion
Salesforce is continuing its recent shopping spree by snapping up an AI contact center startup that originated at Stanford University's AI Lab.
SpaceX Is in Talks With Boost Mobile to Expand Wireless Coverage
Wireless carriers view SpaceX as a threat
Oracle Launches $20 Billion in Stock and Bond Sales
Oracle shares dropped more than 9% after Monday’s announcement.
Anthropic’s Revenue Surged to $17 Billion in Q3, Swung Back to Operating Loss
Anthropic is gearing up for a blockbuster IPO this month.
Exclusive: OpenAI Sign Deals With Magnite, PubMatic to Fill Unused ChatGPT Ad Space
The volume of ads coming through the two companies is still small, but the ad tech companies expect it to grow quickly.
Marvell to Buy Lumentum in $80 Billion All-Stock Deal
Marvell is making its most ambitious bet on optical and photonic technology.
DeepSeek Unveils Autonomous Coding Agent Prototype
The Chinese AI lab’s effort to build a more capable autonomous agent could intensify the competition for Anthropic and OpenAI.
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