Alibaba Launches Another Closed-Source AI Model
Alibaba, a global leader in open-source AI models, is shifting its focus to selling more proprietary AI models to enterprise customers.
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ByteDance Helps OpenClaw Launch China Version of Software Marketplace
ByteDance’s move could intensify its rivalry with Tencent, which is also trying to capitalize on OpenClaw’s popularity in China.
Alphabet Fund In Talks to Lead OpenRouter Investment at $1.3 Billion Valuation
A startup that lets AI app developers choose from hundreds of models on its application programming interface is in talks to raise $120 million in new funding.
SpaceX Said to Submit Confidential Filing for IPO
Musk-founded company expects to debut in June
Exclusive: Coder Raises $90 Million Led by KKR
A startup making software for developers to build and run code from local devices to the cloud raised $90 million in a Series C funding round led by private equity firm KKR.
Iran Threats to Attack Microsoft, Google, Oracle in Middle East
Iran has already damaged Microsoft and Amazon facilities in the region.
Sequoia Capital Names Former Leader Leone as Chairman
Leone will begin making new investments again.
Nvidia Invests $2 Billion in Marvell
The investment is part of a partnership in which Marvell will supply chips that work with Nvidia technology.
OpenAI Says Latest Funding Round Raised $122 Billion at $830 Billion Valuation
The company is currently generating about $2 billion revenue per month
Microsoft Energy VP Departs
He joined Microsoft three years ago, coinciding with the start of an artificial intelligence boom requiring the company to seek unprecedented sources of energy for its facilities.
Oracle Lays Off Thousands of Employees
Oracle has been operating less efficiently than peers, with its revenue per employee sat at $354,000 for its most recent fiscal year.
Anthropic’s Coding Agent Source Code Exposed in Leak
In a statement, an Anthropic spokesperson said the leak was “caused by human error, not a security breach” and that no sensitive customer data was exposed.
Activist Investor Calls on Snap to Make “Meaningful Changes”
Public shareholders have no voting rights in Snap, which means the activist has no way to exert any influence.
Chinese AI Firm Zhipu’s 2025 Revenue Jumps 132%
The Beijing-based company is tapping into robust AI coding demand to sell its models to developers overseas.
Fashion Brand Firm to Buy Allbirds for $39 Million
The sale is an ignominous end to the once-trendy venture-backed shoe firm that went public in 2021 with a valuation as high as $4 billion.
Amazon’s Starlink Rival to Offer Wifi on 500 Delta Air Lines Planes
Delta is already a large Amazon Web Services customer and is open to other deals with Amazon in the future, such as adding Amazon entertainment content to seatback screens, an executive said.
U.K. Launches Antitrust Probe of Microsoft’s Cloud and Software Bundling
Both Microsoft and Amazon also agreed to make it less onerous for U.K. customers to switch from one cloud provider to another.
Alibaba’s New Multimodal AI Model is Not Open-Source
The decision to offer Qwen3.5-Omni as a proprietary model signals a potential shift away from a strategy that centers on open-source models.
DeepSeek’s Chatbot Goes Dark for Over 10 Hours
The outage has fueled speculation that DeepSeek may be quietly preparing a new model, though the company hasn’t said anything.
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.
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