Cato Networks Discussed Financing at $4.5 Billion Valuation
The IPO candidate has considered raising money and arranging for a secondary sale.
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Recent Editions
Waymo Explores Using Rider Data to Train Generative AI
The company plans to offer users the ability to opt-out of the training dataset.
Strategy, Big Bitcoin Owner, to Record $5.9 Billion Crypto Loss
Bitcoin fell below $80,000, erasing most of post-election gains.
Trump Says He Will Help Speed Up Power Plants For AI
Trump’s comments come as companies building data centers for AI, including Oracle, have been concerned about how their costs might go up in response to the tariffs his administration announced last week.
Shopify CEO Tells Staff to Prove Work Can’t Be Replaced by AI
Lutke is the latest tech executive to turn to artificial intelligence to cut costs.
Oracle Execs Worry About Tariff Impact on Mega Data Center For OpenAI
Higher prices could hurt data center projects across the U.S.
Nvidia Closes Acquisition of GPU Cloud Startup Lepton
Nvidia's string of purchases of small AI and cloud startups continues with Lepton, whose co-founders have previously managed large-scale cloud services.
OpenAI Has Discussed Buying AI Device Startup Started by Jony Ive, Sam Altman
The startup's designs for an AI device are still nascent, but potential ideas include a “phone” without a screen and AI-enabled household devices.
White House Adviser’s Venture Firm Lays Off Staff, Shifts Focus
Craft Ventures is changing its emphasis to late stage investing from early stage deals.
Meta Releases Llama 4 AI Models
The two new models are taking a new approach called mixture of experts.
Trump Delays TikTok Deal by Another 75 Days; Deal Scuttled by Tariffs
President Trump on Friday said he would sign another executive order to keep TikTok 'up and running' for an additional 75 days.
Trump Says He Discussed Tariff Cuts With Vietnam, Boosting Apparel Stocks
Many companies, especially in apparel and footwear, have shifted production to Vietnam over the past several years as a hedge against a trade war between the U.S. and China.
EU Regulators Prepare Penalties Against Elon Musk’s X
The move comes amid growing tensions between the U.S. and Europe over tariffs and the war in Ukraine.
TikTok Owner Faces European Fine For Data Privacy Violation
The regulatory challenge in Europe comes as TikTok tries to avoid a ban in the U.S.
Tech Stocks Take a Beating From Tariffs
The tech sector took one of its biggest beatings since the Covid-19 pandemic.
Apple Shares Fall the Most Since March 2020 on New Tariffs
Apple is facing steep tariffs not just in China, but also in India and Vietnam, where it has gradually shifted some of its production to in recent years.
Zuckerberg Lobbies Trump to Settle Antitrust Lawsuit
The lawsuit, filed in 2020 by the Federal Trade Commission under Trump’s first administration, is scheduled to go to trial on April 14.
White House Says It’s Again Closing E-commerce Tariff ‘Loophole’
The parcels will be subject to a duty of either 30% of their value or a flat fee of $25 per package, which will increase to $50 in June.
Google Replaces Head of Gemini Chatbot
Josh Woodward, currently the head of product incubator Google Labs, will now also lead the Gemini chatbot group, known internally as Bard.
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