JPMorgan Commits $10 Billion to Strategic US Tech Investments
The bank recently worked with MP Materials on a deal with the Department of Defense to increase domestic production of rare earth magnets.
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Data Startups Fivetran and Dbt Labs Agree to Merge
A merger of equal between Fivetran and dbt Labs would have close to $600 million in annualized recurring revenue under one combined entity.
OpenAI Announces Chip Design Deal with Broadcom
The Broadcom deal follows OpenAI's agreements with both Nvidia and AMD for access to their AI chips.
China Vows to Retaliate if Trump Imposes New 100% Tariff
The resurgence in tensions comes just weeks after the two countries’ senior officials held trade talks in Madrid.
Thinking Machines Co-Founder Leaves for Meta
The departure marks the newest star arrival at the tech giant.
Benioff Says Trump Should Deploy Troops in San Francisco
The Salesforce CEO’s comments come amid a broad change in attitude toward President Donald Trump among tech CEOs.
Apple Acquires Small AI Startup Focused on Home Security Cameras
The deal could bolster Apple’s smart home camera project
Tech Stocks Fall Across the Board After Trump Issues Tariff Threat
President Trump threatened to impose a "massive increase" in tariffs on Chinese imports, in the wake of new Chinese restrictions on the export of rare earths.
Kalshi Raises at $5 Billion Valuation Led by Sequoia, a16z
Kalshi and Polymarket each raised fresh funding this month as rivalry heats up.
China Opens Antitrust Investigation Into Qualcomm
The probe follows several antitrust cases against other U.S. tech firms including Nvidia and Google.
Reflection AI Raises $2 Billion From Nvidia and Others at $8 Billion Valuation
The deal is a dramatic markup from Reflection’s last private market valuation of $545 million in March.
Coinbase, Mastercard in Talks to Buy Stablecoin Startup BVNK
The sale price for a deal, if it happens, could be between $1.5 billion and $2.5 billion, Fortune reported.
Google, Amazon Launch New Suites in Battle for AI Spending
Google and Amazon are both rebranding AI search and agent-building products in the hopes of getting more of their customers to increase their spending.
OpenAI Tells EU That Big Tech Commpanies Could Stifle Competition
OpenAI reportedly said it faced “difficulties” competing with those companies because of “the lock-in of customers by large platforms."
Murati to Be Deposed, Musk Seeks ‘Brockman Memo’ From Sutskever
Both former OpenAI executives could have information relevant to Musk’s lawsuit against OpenAI.
Shopify General Counsel to Take Over COO Role, Revenue Chief Departs
Prior to joining Shopify, Jessica Hertz held roles in the Biden White House and at Meta.
SoftBank-Owned PayPay Takes 40% Stake in Binance Japan
Japanese mobile payment app PayPay is also gearing up to go public in the U.S.
Andreessen Horowitz Hires Former VMware CEO as General Partner
Raghuram will be a general partner investing in infrastructure and growth startups.
Tesla’s ‘Full Self-Driving’ Probed By U.S. Regulator
Regulators said they’d identified 58 reports of vehicles using the software running red lights and violating other traffic laws
China Tightens Rare Earth Export Controls
Beijing’s new rules for the export of rare earths for semiconductor uses could affect Nvidia’s supply chain.
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