Cohere Raises $500 Million, Hires Ex-Meta Research Chief
The Canadian AI lab is now valued at $6.8 billion, a 24% increase to its valuation from an equity financing a year ago.
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OpenAI’s Countersuit Against Musk to Proceed
The judge also threw out some of Musk’s complaints against OpenAI.
xAI Co-Founder Babuschkin Leaves, Will Start Investment Firm
Babuschkin is starting a company that “supports AI safety research and backs startups in AI and agentic systems that advance humanity and unlock the mysteries of our universe.”
Stripe to Tap Paradigm Co-Founder Matt Huang to Lead New Blockchain
Crypto venture firm Paradigm’s co-founder Matt Huang will serve as blockchain Tempo’s CEO, Fortune reported.
Crypto Exchange Bullish Soars 84% in First-Day Trading
Bullish, which also owns CoinDesk, gets $10 billion market value after raising $1.1 billion in IPO.
Tencent President: We Have Enough Chips to Train Our AI Models
The Chinese tech giant’s remark comes as President Trump’s recent moves signal an easing of U.S. chip export controls.
Amazon Plans Same-Day Grocery Delivery Expansion
Amazon’s retail chief Doug Herrington has long advocated for growing the company’s grocery business as a way for it to get shoppers to make purchases more frequently.
OpenAI to Back Neuralink Rival Merge Labs
Sam Altman has written about the need for humans and machines to merge for years.
Perplexity Says It’s Made a Bid to Buy Google’s Chrome Browser
The AI search company said it offered $34.5 billion for the browser
Circle Revenue Jumps 53%, Unveils Blockchain Plan
Shares of stablecoin issuer jumped after its first earnings report since IPO.
Elon Musk Threatens to Sue Apple Because OpenAI’s App Outranks xAI’s
Musk said that it's "impossible for any AI company besides OpenAI to reach #1 in the App Store."
Trump Praises Intel CEO After Calling for His Resignation
The president changed his tone after meeting Lip-Bu Tan.
Judge Denies Anthropic’s Request to Stay Copyright Case
The case could cost Anthropic billions of dollars in damages.
StubHub Renews IPO Effort as Sales Slow
Ticketing platform StubHub is giving an initial public offering another go, and will have to explain lumpy business results to prospective investors.
Crypto Exchange Bullish Seeks Up to $990 Million in Upsized IPO
Bullish, which also owns news outlet CoinDesk, is the next major crypto IPO following Circle’s.
Trump says he is Open to Allowing Nvidia to Sell Advanced AI Chip to China
Trump made the comments Monday as he confirmed reports of a separate deal with Nvidia and AMD.
$150 Million Company Raising $1.5 Billion to Buy Trump’s Crypto Token
Trump family crypto venture World Liberty serves as lead investor in the stock.
CEO of Microsoft-Owned GitHub to Step Down
The move comes after Microsoft placed GitHub under the purview of Jay Parikh, a former Meta executive overseeing Microsoft's AI agents business.
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