Revolut Looks to Raise at $65 Billion Valuation
Revolut is attempting to raise $1 billion in a new funding round.
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The Information AM
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Recent Editions
Glean’s Product Chief Moves Into Advisory Role at AI Search Startup
Tamar Yehoshua, a former executive at Google and Slack who joined Glean in March of 2024 as its product chief, has moved out of her day-to-day role.
Nvidia’s $4 Trillion Market Cap Highlights Extreme Concentration in Market
Top 10 companies in S&P 500 now account for 40% of index's market cap and more than a quarter of its earnings
Tesla Sets Annual Meeting For November After Shareholder Pressure
Tesla’s last shareholder meeting was held in June 2024.
Elon Musk’s xAI Unveils Grok 4
The launch comes amid controversy after Grok praised Adolf Hitler in its responses to X users’ questions earlier this week.
Nvidia CEO Plans to Meet Top Chinese Officials Next Week
Nvidia is trying to maintain its strong presence in the Chinese market despite U.S. chip export restrictions.
Google Co-founder Brin Calls UN ‘Transparently Antisemitic’ in Message to Colleagues
Google, alongside Amazon, has a contract to provide cloud computing services to Israel under Project Nimbus, which has been the source of employee protests.
The Information Launches an AI Chatbot
The Information Deep Research allows subscribers to generate reports on specific companies and perform other tasks based on the site’s decade-plus of reporting.
Meta AI Researcher Warns of ‘Metastatic Cancer’ Afflicting Company Culture
In an essay that has circulated inside Meta Platforms in recent days, an outgoing AI researcher diagnosed the company's challenges in AI, describing “a culture of fear” akin to “a metastatic cancer.”
Amazon Data Center Executive to Depart
The move comes as AWS continues to expand its data centers to capture demand from customers, such as Anthropic, in renting AI servers.
X CEO Linda Yaccarino Steps Down
The departure comes after X merged with Elon Musk's artificial intelligence firm xAI in March.
OpenAI Hires Data Center Engineers from xAI
OpenAI is investing in the teams responsible for designing software and hardware for data centers needed to develop and run AI.
SpaceX Valuation to Jump to $400 Billion in Share Sale
Elon Musk’s rocket company was last valued at $350 billion in December.
Waymo Launches Teen Accounts in Phoenix
The Alphabet-backed company’s rideshare rival, Uber, launched teen accounts in 2023.
Apple’s Operating Chief to Retire
Jeff Williams was once considered as next in line for CEO role
Shein Confidentially Files For Hong Kong IPO
Shein had been pursuing a U.K. IPO, but Chinese regulators wouldn’t sign off on supply chain risk disclosures.
MGX in talks to participate in $1 billion Mistral fundraising
MGX in May formed a joint venture with France’s sovereign wealth to build a 1.4 gigawatt data center near Paris
Waymo Starts Testing in Philadelphia
The move is part of the company’s ambitions to expand across the country
Entrepreneurs Rally Against Sequoia Partner Shaun Maguire
Sequoia partner Shaun Maguire accused New York City mayoral candidate Zohran Mamdani of advancing an “Islamist agenda."
Meta Hires Researcher from Apple
Ruoming Pang, a distinguished engineer and the manager of Apple’s foundation model team, is joining Meta’s new AI organization.
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