Nvidia to Reportedly Pay $6 Billion in Licensing and Hiring Deal with AI Model Startup Poolside
It isn't clear why Nvidia is paying such a large licensing fee.
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Recent Editions
Walmart’s U.S. Sales Slowdown Sends Stock Tumbling 9%
Finance chief John Rainey pointed out, however, that the "role of our stores has evolved" as ecommerce sales have grown.
Alibaba CEO Expects AI-Related ARR to Reach $10 Billion by September
Alibaba’s capex in the quarter through June surged 75% from a year earlier as the company tries to meet growing customer demand for compute.
Exclusive: UBS Hires JP Morgan Banker Su to Ramp Up AI Banking Efforts
UBS is boosting its efforts in AI dealmaking.
Veteran Barclays Semiconductor Banker Tim Luke to Join Morgan Stanley
The long-time chip banker advised Arm on its 2023 IPO.
Marvell Gives Google the Right to Buy Up to $12.2 Billion in Stock as Part of Chip Deal
Marvell shares jumped nearly 10% on news of an expanded partnership in which the companies will collaborate on custom semiconductor development.
Trump Says Regulators Working to Bring Hyperliquid to the U.S.
Hyperliquid is a fast-growing offshore crypto venue for perpetual futures.
Stripe Confirms Acquiring AI Marketplace Startup OpenRouter
Stripe is paying $7.5 billion for OpenRouter, a steep premium from its valuation of $1.3 billion in May.
OpenAI to Launch Security Analysis System With Better Privacy Protections
In contrast, Anthropic holds onto data for 30 days for Claude Fable 5.
Chinese Humanoid Maker Unitree Shares Soar on Shanghai Debut
After the blockbuster debut, the company now has a market capitalization of more than $60 billion.
Pennsylvania Governor Hikes Requirements For Data Center Permits
It's the latest in a growing political backlash to AI data centers.
SEC Proposes Crypto Regulation For the First Time
The agency starts rulemaking as crypto legislation stalls in Congress.
Lawyers for California, Meta Deliver Opening Statements in Social Media Trial
The opening arguments focused on whether Meta has deceived the public.
Mac Software Beta Reveals AirPods With Camera
The cameras will be used to analyze the world
Klarna Stock Plunges 20% on Lowered Outlook
Klarna also announced that its longtime finance and marketing chiefs would leave early next year.
Tesla Announces Cybercab Launch Event
The Information reported earlier on Monday that the company had told staff it was preparing to launch the Cybercab to the public in Austin as soon as this month.
Alibaba’s Small, On-Device Model Gains Traction
Alibaba is trying to capture the growing market for small-size models that can run locally on users’ own hardware.
Meta Social Media Addiction Trial to Begin
Plaintiffs allege that Meta has designed its social media sites in ways that harm young users.
Google Outbids Mercor for Spirit Airlines’ Corporate Data
The assets could help improve its products and AI models
Andreessen Horowitz Focus of DOJ Antitrust Probe Over Databricks, Fivetran Board Seats
Andreessen Horowitz is the target of a Justice Department antitrust probe over its board seats at competing AI companies.
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