Exclusive: Brazilian Fintech CloudWalk Hits $1.2 Billion Annualized Revenue
The company, backed by DST Global and Coatue Management, recently completed a tender offer valuing it at $3 billion.
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The Information AM
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Recent Editions
Exclusive: CoreWeave Hires Ex-AWS Executive as Chief Revenue Officer
The Information first reported Jones’ departure from AWS last month.
Ron Conway Criticizes Benioff’s Trump Support, Quits Salesforce Nonprofit
‘I now barely recognize the person I have so long admired,’ the investor wrote in an email to the Salesforce CEO.
Deel’s Valuation Rises to $17 Billion in $300m Fundraise
Human resources and payroll startup Deel has raised $300 million at a $17.3 billion valuation.
Microsoft Adds New AI Tools to Windows
The new push comes as Microsoft aims to convince more consumers to use its AI Copilot features.
DoorDash and Waymo Partner on Autonomous Deliveries
Waymo already partners with Uber on ride-hailing and is now expanding its business to include food delivery.
TSMC CEO: Preparing for U.S. Plant’s Faster Upgrade to Advanced Technology
The world’s largest chip maker is expanding its U.S. production capacity while navigating geopolitical tensions.
Microsoft Aims to Make Most New Products Outside China From 2026
As geopolitical tensions have escalated, U.S. tech giants are trying to reduce their dependence on China’s supply chain.
Anthropic Gets Ready for Startup M&A
Potential M&A targets could help boost Anthropic’s models, products and their underlying tech
Anthropic Nears $7 Billion in Annualized Revenue
The company is reported to target as much as $26 billion in annualized revenue by the end of next year.
Exclusive: Poolside in Talks With CoreWeave-Backer Magnetar for New Funding
Poolside, a two-year-old startup that had been developing artificial intelligence coding assistants, also said CoreWeave would supply it with 40,000 Nvidia chips.
Meta and Arm Announce New Partnership
Meta will use Arm’s data center platforms to power the ranking and recommendation systems for its social media apps.
BlackRock-Led Group Makes $40 Billion Data Center Acquisition
The acquisition, which is expected to be finalized by the first half of next year, would be the largest such sale on record.
Palmer Luckey’s Erebor Bank Conditionally Approved
The U.S government conditionally approved a bank charter application for Erebor Bank.
Amazon Planning Fresh Layoffs in Consumer Division
The e-commerce giant previously cut large numbers of staff in 2022 and 2023.
European Union Mulls Forced Tech Transfer for Chinese Firms
The discussions are part of the EU’s effort to counter the rapid growth of Chinese imports such as electric vehicles.
Ad agency WPP Commits to Spend $400 million on Google AI
The renewed arrangement allows the two companies to co-develop products together and then take them to market
OpenAI Plans to Allow Erotica for Verified Adult ChatGPT Users
The company seeks to fully roll out age verification features by December
Salesforce Touts Deeper Ties with OpenAI, Anthropic
At Salesforce's annual customer conference, Dreamforce, CEO Marc Benioff talked about how deeper partnerships with the top AI labs will help customers.
Goldman Sachs Warns Of Job Cuts Amid AI Push
Goldman Sachs reported strong earnings and said it was on track for a record year in its investment banking and markets division.
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