Microsoft Gives Up Exclusive Rights to Sell OpenAI Models
The amended deal was designed to resolve legal questions that arose from OpenAI’s plans to sell AI products on Amazon Web Services.
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China Blocks Meta’s $2 Billion Acquisition of Manus
Beijing orders the transaction to be terminated based on security reasons.
Musk Drops Fraud Claims Against OpenAI
The court agreed that the breach of charitable trust claim will proceed to trial.
Wealth Tax Backers Gather Enough Signatures for Ballot, Report Says
The tax has prompted a number of Silicon Valley figures to move their primary residence out of California.
Related Digital Finalizes Financing for Oracle’s Michigan Data Center Campus
The project's financing was uncertain at one point after Blue Owl decided not to back it.
Nvidia’s Market Capitalization Passes $5 Trillion
The latest rally reflects a new burst of optimism about the tech industry, likely reflecting growing signs that businesses are adopting AI technologies.
Google to Invest Up to $40 Billion in Anthropic, Agrees to Five Gigawatt Compute Deal
It's the latest deal Anthropic has inked for servers to run and train AI.
Meta Signs Deal to Use Amazon’s CPUs for Agentic Workloads
It’s the latest in a chip and cloud deal spree for Meta this year
China Plans to Restrict Tech Firms From Receiving U.S. Investments
The move is part of Beijing’s response to Meta’s acquisition of Manus, which is under investigation in China.
Intel Shares Jump 24% in Wake of Earnings Report
Intel projected second quarter revenue would rise as much as 14.7%.
Cohere to Buy European AI Firm Aleph Alpha, Raise $600 Million from German Backer
Acquiring Aleph Alpha will help Cohere sell AI to businesses in Europe, the companies said.
DeepSeek Launches New-Generation V4 Models
The highly anticipated release comes as the Chinese AI model developer is in talks to raise outside capital for the first time.
Cursor’s Revenue Pace Recently Passed $2.7 Billion, Helping Margins Turn Positive
AI coding startup Cursor, which recently agreed to a potential $60 billion acquisition by SpaceX, last month hit $2.7 billion in annualized revenue.
Amazon Hires Ex-Google Silicon Design Veteran to Work on AI Chips
The recent hire shows how Amazon aims to deal with what CEO Andy Jassy has described as "booming" demand for its AI chips, called Trainium.
Users of xAI’s Grok Report Outages
CEO Elon Musk has installed new leadership at xAI in recent weeks and ordered the team to find ways to cut spending.
Meta Memo Confirms Plans to Cut 10% of Staff
The company said it’s making the cuts in part to offset its investments.
OpenAI Releases ‘Spud’ GPT-5.5 Model
The company said that the new model showed improvement in coding, financial modeling and scientific research compared to prior models.
Microsoft Offers Voluntary Retirement Buyouts for Some Employees
Microsoft has been trying to reduce costs as it nears the end of its current fiscal year in June.
Tesla Discloses $2 Billion Deal for Unnamed AI Hardware Company
Tesla made no mention of the deal in its first-quarter 2026 results presentation on Wednesday or on an earnings call with CEO Elon Musk and other executives
WBD Shareholders Approve Paramount Purchase
Paramount is offering $31 a share in cash. A year ago WBD shares were trading around $8.
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