Palo Alto Networks to Acquire CyberArk for $25 Billion
CyberArk sells login software, competing with the likes of Okta and Microsoft.
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AI Chipmaker Cerebras Seeks $1 Billion in Funding As IPO Stalls
The potential delay would represent a shift for Cerebras CEO Andrew Feldman, who said in May that the company would aim to go public this year.
Groq Cuts Revenue Projections in Span of a Few Months
A Groq spokesperson said the company shifted some revenue projections to 2026 because of a lack of data center capacity
Palo Alto Networks in Talks to Acquire CyberArk for $20 Billion
The deal would be the latest in a string of acquisitions by Palo Alto Networks.
CFPB To Launch New Open Banking Rule
The move comes after JPMorgan unveiled new data-access fees that threw the fintech industry into turmoil.
Anthropic in Talks to Raise at a $170 Billion Valuation
Iconiq Capital is said to lead the round in the AI model maker
JPMorgan Nears Apple Credit Card Deal To Replace Goldman
JPMorgan is nearing a deal to replace Goldman Sachs as the provider of Apple’s credit card program
DOJ Fires Senior Antitrust Enforcers
The move follows weeks of internal feuding inside the department.
Nvidia Orders More H20 Chips As China Demand Soars
Nvidia reconsidered production plans for the H20, as demand outweighs supply chain obstacles.
Waymo to Offer Rides in Dallas in 2026
Alphabet’s robotaxi company will partner with Avis for the launch
Fireworks AI Discusses $4 Billion Valuation in New Financing
The so-called inference provider has projected $300 million in annualized revenue by year-end.
DTC Retailer Quince Boosts Valuation to $4.5 Billion
The e-commerce startup is raising around $200 million in new funding led by Iconiq.
Sales of Meta’s Ray-Ban Smart Glasses Tripled in the First Half of 2025
Ray-Ban parent company EssilorLuxottica is releasing a new line of Meta smart glasses under another EssilorLuxottica brand, Oakley.
Citi Tech Dealmaker Phil Drury To Join AI Startup Poolside
Citigroup tech dealmaker Phil Drury joins as the startup's first chief investment officer after 29 years at the investment bank.
DoorDash Hires Spotify Ad Chief Lee Brown
Brown won't oversee DoorDash's ad business, which is overseen by a different executive.
Warner Bros. Discovery Splits the Difference With the Name
Next year, Warner Bros. Discovery will be split into two companies: one named Warner Bros, the other named Discovery Global.
PayPal Adds Crypto Payments for Merchants
The payments giant will add support for more than 100 cryptocurrencies in the coming weeks.
Samsung to Make Tesla Chips Through $16.5 Billion Deal
Samsung will then make the AI6 in its Taylor, Texas plant, according to Musk.
Weekday mornings
The Information AM by The Information Staff
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