Crypto VC Giant Paradigm Raising Up to $1.5 Billion for New Fund
The venture firm is expanding into AI, robotics with the new fund, WSJ reports.
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Recent Editions
OpenAI Fires Employee for Prediction Market Trades
Markets about AI products have become common on Polymarket and Kalshi.
Trump Directs Federal Agencies To Stop Using Anthropic’s AI
Trump’s statement came an hour before a deadline for Anthropic to agree to the Pentagon’s demands to make its AI available for “any lawful use” or face consequences.
OpenAI to Raise an Additional $10 Billion in Funding From Financial Investors
The additional funding will bring OpenAI's valuation, including the investment, to $850 billion.
OpenAI Branches Out from Microsoft with New Products For Amazon’s Cloud
Amazon will serve some new OpenAI applications on its cloud, but the AI models that power those applications will still run on Microsoft Azure.
OpenAI Lines Up $110 Billion in Funding From Amazon, Nvidia, SoftBank
OpenAI says more financial investors will likely join the round.
xAI’s ‘Macrohard’ Chief Third Co-Founder to Leave This Month
Toby Pohlen is the latest high level staffer to leave xAI in recent weeks, coinciding with its acquisition by SpaceX.
Amazon and OpenAI Reach $50 Billion Investment Agreement
OpenAI committed to using Amazon's Trainium AI chips and to making Amazon's cloud unit the exclusive "third party" cloud provider of OpenAI's AI management tool Frontier.
Anthropic CEO Says Company Won’t Agree to Pentagon Demands
On Friday, Anthropic faces a deadline to agree to the Pentagon’s demands or potentially be forced to do so by law.
Exclusive: Anthropic Says Daily Signups to Claude Chatbot Tripled Since November
Paid subscribers of Anthropic's Claude chatbot have more than doubled since October while free users have grown by 60% in the last month, the company said.
CoreWeave Losses Top Analyst Expectations, Hurting Stock
CoreWeave’s results showed how cloud companies continue to struggle with the costs of setting up and leasing expensive AI chips.
Intuit Stock Slips Despite Beating Revenue Forecast
Intuit's quarterly revenue grew two percentage points faster than its prior projection for the period.
Block Cuts Workforce by 40% in AI Bet
Block plans to cut its 10,000-strong workforce to under 6,000 employees.
U.S. Regulator Proposes Tightening Stablecoin Yield Ban
The proposal would likely draw pushback from crypto companies.
Thrive Capital’s Later Funds Outperform Early Vehicles
Thrive's later funds have returned cash at an above average rate, despite venture-backed companies staying private longer.
Netflix Drops Out of Bidding for WBD
WBD's decision gives Netflix four days to raise its offer or walk away.
DeepSeek Excludes Nvidia, AMD From Early Access to New Model
DeepSeek instead gave Chinese chip companies, including Huawei, early access to its upcoming V4 model.
Amazon’s OpenAI Investment Could Link Funding to IPO or AGI
Amazon would invest $15 billion upfront, with an additional $35 billion tied to the achievement of the specific milestones.
Exclusive: OpenAI Hires Meta AI Researcher Who Previously Led Apple’s Models Team
Ruoming Pang’s move to OpenAI follows a wave of departures from Meta’s AI team over the past year, though Meta also has hired people from OpenAI and others.
Kalshi Alleges MrBeast Editor Engaged in Insider Trading
Insider trading on prediction markets is on the rise.
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