Crypto Exchange Bullish Files Confidentially for IPO
Growing list of crypto firms seek to go public amid market euphoria.
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DoorDash Makes $175 Million Ad Tech Acquisition
The ads business has passed $1 billion in annualized revenue
Neuralink Co-founder Tapped by Rival Precision Neuroscience
The company also added Vivek Pinto, a former FDA device official, as director of medical affairs.
Musk Says He Regrets Lashing Out at Trump
The president has since struck a more diplomatic tone, but questions remain about how much their alliance will rebound.
Huawei’s Founder Says U.S. Is Overrating Its Chips
Huawei founder Ren Zhengfei’s interview with a Chinese Communist Party newspaper comes amid key trade discussions between Washington and Beijing.
Tesla Robotaxi Spotted on Austin Streets
Service was expected to launch this month with a small fleet of Model Y cars
Enterprise Search Startup Glean Valued at $7.2 Billion After New Funding
Glean is continuing to attract interest from investors that seem to think the startup's early move into enterprise search will help it stay ahead of competitors.
Snap Plans to Sell AR Glasses to Public in 2026
The glasses, called Specs, will be lighter and smaller than the previous generation of AR glasses from Snap.
Societe Generale Launches Stablecoin Pegged to the Dollar
The French bank becomes the first major bank to issue a dollar-pegged stablecoin.
OpenAI to Rent Chips From Google Cloud Despite AI Rivalry
The move isn’t completely unexpected, given that OpenAI has been desperate to expand its compute capacity and has inked deals with several other cloud providers.
Blue Origin Delays Second New Glenn Launch
Government officials eager for an alternative to SpaceX will likely have to wait for more progress
China’s MiniMax to Release Open-Source AI Reasoning Model
The move by one of China’s most highly valued startups could further intensify competition in the global open-source AI market.
Paramount CFO Naveen Chopra Exits Company
Paramount, which is still seeking regulatory approval for its sale to David Ellison's Skydance, said CFO Naveen Chopra is leaving to pursue other opportunities.
Disney to Pay Comcast $438.7 Million to Complete Hulu Purchase
A complex appraisal process between Disney and Comcast to determine the value of the latter's 33% stake in Hulu has been completed.
Apple Announces Smaller AI Upgrades and New Software Design
An improved Siri still isn’t available from the company
Warner Bros. Discovery to Split Into Two Companies
WBD plans to separate its Warner Bros. film and TV studios and HBO businesses from its cable networks including CNN, TNT and Discovery.
Meta in Talks for Multibillion-Dollar Investment in Scale AI
The investment could exceed $10 billion in value.
Tesla’s Optimus Humanoid Leader Leaves Company
Shift comes as Tesla's artificial intelligence is due for a key test in Austin
Walmart to Expand Wing Drone Deliveries to 100 Stores
Walmart said it has made more than 150,000 drone deliveries since 2021.
Crypto Exchange Gemini Announces Confidential IPO Filing
Circle’s successful IPO paves the way for other crypto firms to go public.
Weekday mornings
The Information AM by The Information Staff
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