Microsoft Inks Deal With HarperCollins to Use Books for AI Training
Microsoft is reportedly planning to use nonfiction books to train a new AI model that has not yet been released.
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Walmart Reports 27% E-Commerce Revenue Growth
E-commerce sales accounted for 18% of overall sales, implying online sales revenue of $30.5 billion.
Apple Has Started to Sell Its Own Ads on Apple News
Apple has been pitching various sponsorships and video and banner ad units as its deal with NBCUniversal, which handled ad sales for Apple News, expires.
Meta Creates Group to Build AI Tools for Businesses
Clara Shih, formerly CEO of Salesforce AI, will lead the new group.
Microsoft Debuts $349 Cloud Desktop PC; New Business AI Features
Customers will need a Windows 365 subscription to use the device.
Trump’s Social Media Group in Talks to Buy Crypto Platform Bakkt
Bakkt, a spinoff of Intercontinental Exchange, has been exploring options.
Justice Department Will Reportedly Push Google to Sell Chrome
The Department of Justice will ask a federal judge to force Google to sell its Chrome browser to address its illegal search monopoly.
Software Firm ServiceTitan Files for IPO
The company, which sells software for tradespeople, grew its revenue by 31% to $614 million in fiscal 2024, but lost money overall.
Warner Bros. and NBA Resolve Legal Dispute, Sign New Media Deal
The new deal gives Warner Bros. Discovery rights to NBA games in some overseas markets. It is also licensing its popular studio show "Inside the NBA" to ESPN.
Goldman to Spin Off Digital Assets Platform to Drive Adoption
The bank is also seeking to resume its bitcoin-backed lending activities.
Sam Altman to Co-Chair New SF Mayor’s Transition Team
Mayor-elect Daniel Lurie has said he wants to renew the city's ties with the tech elite.
Nvidia Customers Worry About Snag With New AI Chip Servers
The snags involving server racks highlight the difficulties in Nvidia's quest to meet high customer demand for its AI hardware.
X Sues to Block Calif. Deepfake Law
The law is the second of its kind in California to face a lawsuit.
SEC Sued by 18 Republican States Over Crypto Authority
Gensler defended SEC’s work in crypto in a speech Thursday.
Trump’s Interior Pick Could Boost Data Center Energy Projects
North Dakota Gov. Doug Burgum has been a booster of large AI data center projects in his state.
Elon Musk Sues Microsoft as Part of His Case Against OpenAI
Musk’s amended lawsuit claims Microsoft played a central role in removing OpenAI board directors who ousted Altman a year ago.
Andreessen Horowitz Hires Ex-Facebook Director to Lead AI Policy
The Silicon Valley firm is amping up its D.C. presence to support “Little Tech.”
EV Shares Fall on Report That Trump Seeks End to Tax Credits
Eliminating the $7,500 credit could hurt demand for EVs
Autonomous Car Startup Pony Seeks $4.5 Billion Valuation in IPO
The IPO would make Pony the latest in a recent string of China-based vehicle companies to list on a U.S. exchange.
Salesforce’s Top AI Executive Departs
Clara Shih, a longtime Salesforce executive who was named to lead its broad AI efforts earlier this year, is leaving for another opportunity.
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The Information AM by The Information Staff
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