SpaceX Debt Weakens, Stock Falls Below First Trading Price
A large dealer was quoting SpaceX’s 2056 bonds at as much as 0.28% higher than their issue price, which was 1.75% above treasuries.
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Samsung Plans $648 Billion Investments in South Korea, Including New Foundries
The investments include $194 billion into chipmaking expansion to power the AI boom.
Bumble Explores Sale as Dating App Growth Slows
Founder Whitney Wolfe Herd, who stepped down as CEO in 2023 before returning to the top job a little over a year ago, has been trying to turn the company around.
NHTSA wants to remove brake pedal requirement for self-driving cars
The proposed policy change would remove regulatory hurdles for Tesla and Zoox.
Apple Raises Mac, iPad Prices Due to ‘Extraordinary’ Component Shortage
The company’s shares fell nearly 5% on the news.
Anthropic Accuses Alibaba of Illicit Access to Claude Models
Anthropic’s accusations of illicit Claude use by multiple Chinese AI developers this year come amid a growing tech rivalry between the U.S. and China.
Startup Trase Raises $107 Million to Help Large Firms Adopt AI
The startup aims to help healthcare and other large corporate customers learn how to incorporate AI-assisted automation into their business operations.
OpenAI Hires AWS Partnerships Chief in Business AI Push
As OpenAI looks to drum up more AI business from large corporate customers, it is turning to seasoned enterprise software veterans to lead the charge.
Qualcomm to Acquire Startup Modular for Nearly $4 Billion
Qualcomm has been looking for ways to compete better with rivals in the AI data center chip market.
Compute Data Startup Ornn Raises $33 Million in Andreessen Horowitz-led Round
The money will allow Ornn to expand from offering indices to creating a marketplace for buying and selling compute.
OpenAI and Broadcom Unveil AI Server Chip
The chip is a big step forward in OpenAI's effort to reduce its reliance on Nvidia chips and control its own hardware.
Alibaba Sues Pentagon Over Military Blacklist
Alibaba says the Pentagon’s claim of the company’s Chinese military ties has no basis.
OpenAI Execs Tout Ad Progress at Cannes
Ads for travel, retail, health and beauty and financial services products have been performing best thus far, OpenAI's ad chief said.
Meta Is Building a Prediction Markets App
The company is developing a new app that could let users bet on real-world events, as part of a broader push to launch new standalone apps.
Meta Unveils New Smart Glasses for $299
The launch marks the first of four smart glasses lines Meta plans to release this year.
Nvidia Launches Open-Source Software For Life Sciences
Nvidia’s software efforts are aimed at getting more companies hooked on AI that runs on its famed server chips.
ByteDance Unveils Seedance 2.5 Video Model
The new model upgrades its predecessor, Seedance 2.0, which went viral but also faced copyright disputes with Hollywood studios.
Japan’s Sakana AI Says Its New Tool Rivals Anthropic’s Fable 5
The Tokyo startup said its Fugu tool, which coordinates multiple AI models, delivers performances comparable to the world’s best models.
Trump Signs Sweeping Quantum Executive Orders
The two orders strengthen cybersecurity safeguards and coordinate government investment.
Meta Pauses Employee Monitoring Tool After Internal Data Exposure
The move comes after a security lapse that left sensitive employee data—including AI prompts, outputs, and conversations—widely accessible across the company.
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