Manus Raises More Than $500 Million After Unwinding Meta Deal
The China-founded startup faces growing competition as Meta’s Muse reshapes the global market for personal agents.
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Recent Editions
Amazon Lays Off Hundreds in Stores Division
The layoffs follow mass layoffs in the past year—Amazon laid off 14,000 people in October and another 16,000 in January.
Former White House AI Adviser Sriram Krishnan Raising a Venture Fund
Krishnan plans to focus on investments in U.S. AI companies in areas such as national and cyber security.
U.S. Treasury Issues First Fine Over Outbound Investments in China’s Tech Sector
The parent company of startup accelerator Plug and Play Tech Center was fined $200,000 for failing to notify the government of an investment in a Chinese robotics startup.
Microsoft Debuts Nvidia-Powered PCs with On-Device AI, Following Apple’s Breakout Hit
Microsoft's Copilot software will now automatically use local AI models for some tasks to bring down costs.
Musk Says SpaceX Will Sometimes Use Rival Models to Power Grok Bot
The move signals a shift away from relying exclusively on models developed in-house.
Former Google, Nvidia Execs Launch Company to Ease GPU Crunch
National Compute plans to pool underutilized cloud AI servers so smaller companies can rent them.
SpaceX Seeks to Raise $40 Billion From Apollo to Buy Nvidia Chips
The talks come as AI and rocket company SpaceX expands its compute-leasing business.
OpenAI Publishes Over 700 New Math Papers with AI-Made Solutions
The deluge of new research follows a firestorm last month when the company’s AI solved the ‘Navier-Stokes’ problem
HubSpot Lays Off 7% of Workforce, Says It’s Not Because of AI
HubSpot becomes the latest business software provider to cut staff this year, as fears over AI taking a bite out of its revenue continue to percolate.
Pinterest Names New CFO
James Dibbo is the fourth new person to join Pinterest’s c-suite this year
Anthropic Expands Cyberdefenders’ Access to Top Models
All members of its Cyber Verification Program will have access to advanced models for some uses; Project Glasswing is transitioning to become a ‘specialized access’ tier.
Exclusive: Star Goldman Sachs Banker Dunlevie to Co-Lead Tech Banking
Dunlevie has led deals for OpenAI, Stripe and Instacart.
Uber to Buy Catering Firm for $2.3 Billion
EzCater's service offers businesses a way to order from restaurants across the country, including for meetings and events.
Ellison-Controlled Skydance Completes Warner Bros. Discovery Acquisition
The combined company owns both the Warner Bros. and Paramount film studios, the HBO Max and Paramount Plus streaming services as well as CBS and an array of cable channels.
Kuaishou’s Kling Picks Banks for $1 Billion-Plus Hong Kong IPO
Kling, which develops AI video generation models, faces tough competition from Chinese and American rivals.
DayOne Data Centers Files for Nasdaq IPO amid Market Uncertainty
The Singapore-based company is one of the fastest-growing data center operators in Asia.
Nvidia Is Rethinking Its Revenue-Sharing Deals with Cloud Firms
The program, which CFO Colette Kress spoke about during Nvidia’s last earnings call, could take a different form.
Reflection AI Announces First Open Source Model, Beam
The long-awaited model outperforms offerings from Thinking Machines and Nvidia but lags Chinese alternatives, according to Reflection.
OpenAI Expands Visual Ads in ChatGPT and Moves to Help Advertisers Measure Their Impact
Testing begins later this month in the U.S. with an initial group of advertisers.
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