Benioff Says AI is Handling Up to Half of Salesforce’s Work
Salesforce CEO's comments are the latest sign that tech executives are getting more comfortable talking about AI as a job replacement tool.
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Recent Editions
CoreWeave in Talks to Buy Core Scientific
CoreWeave is in fresh talks to buy Core Scientific after the AI cloud provider unsuccessfully bid for the data infrastructure company a year ago.
Second Tesla Executive Departs As Sales Lag
The departure comes the same month as Tesla’s Optimus robotics lead, Milan Kovac, stepped away to spend time with family.
Meta Wins AI Copyright Lawsuit Against Authors
The ruling is the second copyright decision this week in favor of AI companies.
OpenAI and Microsoft Spar Over AGI Clause in Contract Talks
OpenAI has implied it could soon declare AGI. Microsoft executives have disagreed.
Prediction Market Kalshi Hits $2 Billion Valuation in New Round
Crypto venture fund Paradigm led the round.
Cybersecurity Firm Rubrik Acquires Agentic AI Startup Predibase
Rubrik is acquiring Predibase, a startup that helps companies train and fine-tune their AI models, to expand its agentic AI offerings.
Bumble Cuts 30% of Staff
Founder Whitney Wolfe Herd returned as CEO earlier this year to battle slowing growth.
More Than 80% of Americans Haven’t Paid for News in the Past Year
Pew said that of the people who have not paid for news, about half said they can find plenty of other news articles for free.
Anthropic’s Use of Books as Training Data Is Fair Use, Says Court
But Anthropic pirating books is not protected, and will go to trial.
Xero to Buy Accounting Startup Melio for $2.5 billion
The price is 38% off its peak valuation reached in 2021.
Waymo Expands Robotaxi Service in Atlanta to Public
Atlanta marks the Alphabet-owned company's fifth city.
Walmart Tests Smaller Warehouses To Speed Up E-Commerce Deliveries
The retail giant has experimented with several formats to better compete with Amazon’s speedy shipping times.
Polymarket Nears Funding at Over $1 Billion Valuation Led by Founders Fund
The world’s largest prediction market is finalizing deal talks to raise more than $200 million.
Cybersecurity Provider Snyk Acquires AI Startup Invariant Labs
Snyk acquired Swiss AI security research startup Invariant Labs to bolster AI security capabilities.
Fiserv Weighs Circle, Paxos for Stablecoin Push for Banks
Fiserv shares jumped 4.4% while Circle rose 9.6% Monday.
U.S. Senate Weighs $25 Million for AI Infrastructure
To receive the funds, states must follow a ban on passing AI laws.
Musk Lawyers Claim He Doesn’t Use A Computer
Musk has posted about a personal laptop used for video games in recent months, but employees at X have told reporters he primarily works from his phone.
Tech Sector Sentiment Slips Slightly, Remains Upbeat Overall
Sentiment around Google rose while readers became more bearish about Apple.
Wealthfront Submits Confidential IPO Filing
Wealthfront was last valued at $2 billion in a stock buyback last year.
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