SoftBank-Owned PayPay Takes 40% Stake in Binance Japan
Japanese mobile payment app PayPay is also gearing up to go public in the U.S.
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The Information AM
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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Recent Editions
Andreessen Horowitz Hires Former VMware CEO as General Partner
Raghuram will be a general partner investing in infrastructure and growth startups.
Tesla’s ‘Full Self-Driving’ Probed By U.S. Regulator
Regulators said they’d identified 58 reports of vehicles using the software running red lights and violating other traffic laws
China Tightens Rare Earth Export Controls
Beijing’s new rules for the export of rare earths for semiconductor uses could affect Nvidia’s supply chain.
Elon Musk and X Settle Unpaid Severance Lawsuit from Ex-Twitter Executives
The four executives sued Musk last year over what they said was $128 million in unpaid severance.
Apple and Meta Poised to Settle Antitrust Issues in Europe
The two U.S. tech companies will change business practices
SoftBank Buys ABB’s Struggling Robotics Unit for $5.4 Billion
SoftBank will have to turn around the division.
Data Streaming Firm Confluent Explores Sale
The company attracts takeover interests after losing one-third of its market value in July.
Anthropic to Open India Office Next Year as Local Demand Grows
Competition between OpenAI and Anthropic is heating up in Asia, as both companies accelerate their international expansion.
CoreWeave CEO Says It Won’t Change Core Scientific Bid
A shareholder vote on the all-stock deal is scheduled for October 30.
Nvidia CEO Says Oracle’s AI Cloud Will Be ‘Wonderfully Profitable’
Jensen Huang was responding to a story in The Information, which detailed Oracle’s current margins on GPUs.
Goldman Sachs, JPMorgan Flag Rising Debt Levels at AI Companies
AI-related companies have issued a record $141 billion of debt this year, more than the entire technology, media and telecommunications industry issued in 2024.
Tesla Announces Less Expensive Version of SUV
In 2024, Musk abandoned plans for Tesla to make a $25,000 SUV.
Qualcomm to Buy Circuit-Board Designer Arduino
The companies announced the new Uno Q circuit board.
Stock Market Falls on The Information’s Report on Oracle AI Cloud Margins
The data show the industrywide challenge of renting out Nvidia chips to cloud customers.
Dell Doubles Long Term Revenue Growth Forecast
Dell is a key distributor of servers powered by Nvidia chips.
NYSE Owner to Invest up to $2 billion in Polymarket
Deal values prediction market at $8 billion as it seeks to return to the U.S.
Musk’s XAI Said to Name Ex-Morgan Stanley Banker as CFO
XAI's former CFO quit to join OpenAI.
OpenAI Adds Outside Apps to ChatGPT
OpenAI’s developer event focused on pragmatic software features to enable more use of OpenAI’s models.
CoreWeave Extends Deal Streak With Monolith AI Purchase
Monolith AI, founded in 2016, sells software used by teams of engineers at companies including Nissan, BMW and Honeywell.
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