General Catalyst Raising $10 Billion; SpaceX Backer Glade Brook Closes $1 Billion
The capital raises are defying a downturn in VC fundraising.
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Sequoia Partner, Ex-Meta Executive Raising Over $1 Billion for New Venture
Ravi Gupta and John Hegeman co-founded Ithaca Holdings to buy company
Microsoft Backs Anthropic’s Lawsuit Against Pentagon
AI researchers from Google and OpenAI have also filed a similar brief backing Anthropic’s position.
Oracle Cloud-Server Revenue Rises 84%, Boosting Shares 8%
Even with the bump following the Tuesday earnings report, Oracle shares are down 50% since September of last year.
Salesforce Plans to Issue Up to $25 billion in Bonds to Fund Stock Buyback
Salesforce announced a $50 billion stock buyback in late February.
Google to Provide Agent Builder to Pentagon for Unclassified Work
The announcement comes one day after Google’s rival AI lab Anthropic sued the Pentagon for declaring it a supply chain risk.
Amazon Wins Court Order Blocking Perplexity From Its Retail Site
The retail giant had claimed Perplexity disguised its AI bots, making them harder to detect.
Meta Hires Moltbook Creators
Meta said it hopes the integration of the Moltbook team into its AI team “opens up new ways for AI agents to work for people and businesses.”
Nvidia, Mira Murati’s Thinking Machines Lab Announce Strategic Partnership
Nvidia has also made a “significant investment” in Thinking Machines Lab, the companies said.
Amazon Raising $42 Billion in Bonds
Amazon has projected it will spend $200 billion on capital expenditures this year, an increase of 50% on last year, and will invest as much as $50 billion in OpenAI.
Meta’s Oversight Board Blasts Company’s AI-Content Moderation Policy
The oversight board urged the social media giant to “do more” so users can identify AI-generated content.
Scout Ventures Raises $125 Million for Fifth National Security-Focused Fund
The fund will write $3 million to $6 million checks into early-stage AI, space, cyber, quantum and other technologies that contribute to national security.
Yann LeCun Raises More Than $1 Billion For New Startup
The startup aims to build AI systems that can learn from simulated real-world environments and human interactions.
Nvidia to Launch Platform for OpenClaw-Like AI Agents
The open-source platform will be called NemoClaw and comes amid the popularity of OpenClaw, an AI agent that can take over a user’s computer.
Anthropic Says Defense Department Move Has Killed Deals
The company has spent over $10 billion to train and run models.
Anthropic Backer Spark Capital Targets $3 Billion in New Funds
The fundraise is 50% higher than its last and bucks a slump in venture capital raising.
Archer Sues Joby, Escalating Legal Dispute
Archer claimed that Joby imported key aerospace parts from a Chinese subsidiary, and disguised them as household items like socks and hair clips.
Nasdaq Partners With Kraken to Push for Stock Tokens
Nasdaq aims to make its planned stock tokens available globally.
Google AI Leader Jeff Dean, OpenAI Employees Defend Anthropic in Court
Nearly 40 Google and OpenAI employees supported Anthropic’s technical and legal positions.
Tesla VP of Finance Resigns
Sendil Palani is one of several veteran Tesla executives to leave in the past year.
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