Google Unveils New Video Model, Search Upgrades
Tuesday’s announcements highlight where Google is making strides, particularly in multimodal AI and consumer growth, and where it’s playing catch-up, especially on coding.
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Analog Devices Near Deal to Buy AI Power Chip Startup for $1.5 Billion
Empower’s devices helps AI chips manage electricity to be more efficient.
AMD CEO Lisa Su Meets With Chinese Vice Premier
Su expressed interest in increasing investments in China.
Google and Blackstone to Create TPU Cloud Provider
Google will be a minority equity owner in the business and will also provide the venture with TPU hardware.
Meta Shifts Thousands of Workers to New AI Groups as Layoffs Loom
Managers are adapting organizational structures for AI, top executive says.
Seagate Stock Falls on CEO Comments Suggesting Manufacturing Pullback
Shares fell after CEO William Mosley said the maker of hard disk drives for data storage would prioritize increasing unit capacity over building new factories.
Anthropic Buys Developer Tools Startup Stainless
The Information previously reported that Anthropic was in talks to acquire Stainless for more than $300 million.
Uber Spends $1.8 Billion Increasing Stake in Delivery Hero to 19.5%
The purchase suggests Uber is interested in expanding further globally.
Musk Loses OpenAI Lawsuit
The jury found that the statute of limitations on his claims had expired.
Lenovo’s Internal Memo Shows Uncertainty for Nvidia’s H200 Sales in China
Nvidia’s sales of H200 chips continue to face hurdles due to Beijing’s own restrictions on Chinese companies’ purchases.
Gates Foundation Sells Remaining Microsoft Stake
The Gates Foundation Trust reported that it had sold around $3 billion worth of Microsoft stock in the first quarter.
SpaceX Picks Nasdaq for Mid-June IPO
It would represent a slightly accelerated schedule for the space and AI company’s IPO.
OpenAI Reorganizes Product Teams Around Unified-App Strategy
Fidji Simo, OpenAI’s CEO of AGI Deployment, remains on medical leave
Trump Traded Millions in Tech Stocks in Q1
The disclosures show that Trump made more than a dozen purchases and sales of Nvidia shares from January through March.
Ackman’s Pershing Square Builds $2 Billion Microsoft Stake
Ackman said Microsoft's recent stock slide has been driven by investors who “underestimate the resilience” of its Office 365 software.
Anthropic Calls for Tighter U.S. Chip Restrictions on China
Anthropic published a new paper on the threat from China’s AI development during President Trump’s state visit to China.
Trade Representative Greer: Chip Export Controls Not Major Topic in Talks With Beijing
Greer said China will make its own decisions on whether the country will buy Nvidia’s H200 chips or not.
Weekday mornings
The Information AM by The Information Staff
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