Exclusive: OpenAI’s Altman Talks to Staff About IPO Timing
OpenAI CEO Sam Altman suggested that even if the company makes a filing for a public offering, it may hold off on the actual listing.
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Recent Editions
Blockchain.com Files Confidentially to Go Public
Ongoing crypto market sell-off could temper investor interest for crypto IPOs.
Exclusive: a16z Partner Returns to Full-Time Investing After Illness
Peter Levine, an a16z veteran who led the firm's investments in GitHub and Figma, plans to continue his longtime focus on AI and infrastructure startups.
White House Delays AI Executive Order Event
President Trump had been scheduled to sign the order in front of AI and tech executives on Thursday afternoon.
Anthropic Projects Turning an Operating Profit in Second Quarter
The company expects to generate $10.9 billion in revenue at the end of this quarter
SpaceX’s Revenue Growth Slowed to 15% in First Quarter
SpaceX showed a deteriorating financial profile in the first quarter after it absorbed xAI and prepared to go public.
SpaceX’s Anthropic Compute Deal Worth Up to $40 Billion
SpaceX is receiving $1.25 billion per month from Anthropic each month through May 2029, though either company can end the deal with 90 days’ notice.
Intuit Lays Off 17% of Staff as Revenue Growth Sinks to Lowest Level Since 2024
Intuit shares dropped around 14% in extended trading on Wednesday.
Nvidia Projects 95% Sales Growth in the Current Quarter
The AI boom is far from peaking, Nvidia results suggest.
Mercury Hits $5.2 Billion Valuation After Funding Round
Fintech startup Mercury said it raised $200 million at a $5.2 billion valuation.
OpenAI Prepares to File for IPO in Coming Weeks
A filing could put it in line to beat Anthropic to a public listing.
GitHub Says Hackers Breached Company Systems, Stole Data
GitHub said hackers broke into an employee’s device using a vulnerability in an extension to Microsoft's VSCode application.
James Murdoch Buys New York Magazine and Vox Podcasts
Vox Media is splitting into two companies, with web sites such as SB Nation and The Verge becoming part of a new company to be run by company president Ryan Pauley.
Meta Begins Cutting 8,000 Jobs
The company has begun notifying 10% of its workforce that they are being laid off.
Alibaba Unveils New AI Chip as China Accelerates Adoption of Domestic Chips
Domestic AI chip suppliers have an increasingly important role to play, as China pushes to reduce its dependence on Nvidia.
Sam Altman Offers YC Founders $2 Million in OpenAI Tokens For Equity
OpenAI is dangling the offer to encourage young startups to develop with its models.
Goldman Sachs to Lead SpaceX IPO
The "lead left" position would put Goldman in the driver's seat for what will likely be the largest IPO ever.
SpaceX to Acquire Cursor 30 Days After IPO
The IPO is expected to be the largest in U.S. history.
Google Unveils Expanded Lineup of AI Shopping Tools
Google will further embed shopping features across its range of products, including search, Gmail, YouTube and Gemini.
Google DeepMind Hires Staff, Licenses Technology from Contextual AI
Google DeepMind agreed to pay between $80 million and $90 million to hire over 20 researchers from the AI agent startup and to license its technology.
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.
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