Tencent Names Former OpenAI Researcher Chief AI Scientist
Yao Shunyu is overseeing Tencent’s model development as well as AI infrastructure.
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Manus AI Agent Reaches $125 Million Annual Run Rate
The Benchmark-backed startup is still figuring out how to generate enough revenue to build a sustainable business model.
Waymo Discusses Raising Billions at More Than $100 Billion Valuation
The new money would help fund an expansion into several more cities next year.
Amazon in Talks to Make $10 Billion OpenAI Investment
AWS would not be able to sell OpenAI models directly to its cloud customers, however.
U.S. Threatens Retaliation Against European Tech Companies
The Trump administration singled out companies such as Mistral and Spotify.
Databricks Valued at $134 Billion in New Financing
The round will allow Databricks to continue to stay private while allowing employees to sell some shares.
Former UK Chancellor George Osborne to Join OpenAI as Head of OpenAI for Countries
Osborne will lead the expansion of OpenAI’s Stargate effort to build data centers around the world
Lightspeed, Dragoneer Raise Multibillion-Dollar Funds
The backers of Anthropic and OpenAI have over $12 billion more to spend on AI.
PayPal Applies to Become a Bank for Small Business Lending
The bank will originate small business loans and offer interest-bearing savings accounts.
Roomba Maker Files for Bankruptcy
IRobot announced that its main contract manufacturer will acquire its assets.
Tesla Stock Jumps After Elon Musk Says It’s Testing Driverless Robotaxi
Tesla currently offers rides to customers in two cities, though all customer rides in both regions currently have operators inside vehicles that can intervene if self-driving software malfunctions.
Former Shopify Executive Joins OpenAI to Lead ChatGPT Apps Efforts
OpenAI has taken early steps to make ChatGPT the default way its users interact with other apps.
Trump Administration Launches ‘Tech Force’ Recruitment Drive
Companies including OpenAI, Meta and xAI have signed on to be involved.
Exclusive: OpenAI Hires an Executive from Google to Lead M&A
OpenAI sees acquisitions as an important source of future growth.
ServiceNow Shares Dropped 10% on Armis Acquisition Report
The enterprise software giant is looking to enhance its ability in IT and security.
Teardown Shows Huawei’s Progress and Limit in its Latest Chip
Huawei’s latest smartphone chip Kirin 9030 shows progress in China’s chip industry, but it remains generations behind, TechInsights report showed.
Oracle Strikes $150 Billion of Data Center Leases in November Quarter
Oracle's disclosure shows it is preparing to handle the flood of new cloud business it has struck in the past year.
Agnelli Family Rejects Tether’s Juventus Offer
The Agnelli family said it had no intention of selling any of its stake in Juventus.
OpenAI Ends Six Month Initial Vesting Period for Employee Equity
Competition for AI talent is as intense as ever, with the top tier of AI researchers able to jump around between big companies and startups.
ServiceNow Reportedly Close to $7 Billion Purchase of Armis
Armis works with big companies such as United Airlines and Colgate Palmolive.
Weekday mornings
The Information AM by The Information Staff
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