SoftBank Board Approves Remainder of OpenAI Investment
The AI startup still needs to complete its conversion to a public benefit corporation to get SoftBank’s $22.5 billion investment.
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The Information AM
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Recent Editions
Nvidia Rival SambaNova Considers a Sale
The AI chip maker struggled recently to complete a fundraising round.
Google Investigates Security Breach Related to Play Store
The incident involved a contractor in the Philippines, who was later fired.
Trump, Xi Jinping Could ‘Consummate’ TikTok Deal This Week, Treasury Secretary Says
The two leaders are set to meet Thursday in South Korea.
U.S. Regulator Asks Tesla for Info About New ‘Mad Max’ Driving Mode
Videos posted by drivers on social media purport to show the software driving well above speed limits, such as going 65 miles per hour in a 45 mile per hour zone.
JPMorgan Poaches BofA’s Veteran Tech Banker Kevin Brunner
It's the latest JPMorgan's hire from rivals to boost its technology banking practice.
Chinese Humanoid Startup AgiBot Unveils Robot Content Platform
The startup says the new platform automatically converts uploaded videos of human movements into robots’ actions.
Commerce Dept. Denies Talks for Quantum Investments
Quantum stocks jumped earlier in the day on a report of the talks.
Intel Expects to Benefit as More Companies Adopt AI Apps
Intel's turnaround appears to be continuing after the chipmaker beat its quarterly sales forecast, while its senior leaders struck a positive tone on AI.
Anthropic Says It Will Use Up to 1 Million Google TPU Chips
Google's AI chip is challenging Nvidia's GPUs.
OpenAI Acquires AI Startup Software Applications Incorporated
The startup builds Sky, a “natural language interface” for Mac computers
Trump Says He Won’t Send National Guard to SF After Calls From Tech ‘Friends’
Trump said he had received a call from Salesforce CEO Marc Benioff, who recently walked back his support for the plan.
Redwood Materials Raises $350 Million for Data Center Batteries
Nevada-based startup's valuation rises to $6 billion
Globalstar’s Stock Moves Up 8% Following Report from The Information
The satellite provider’s top executive has told others he’s open to selling Globalstar for more than $10 billion.
Exclusive: Startup Synthesia Discusses GV-Led Fundraise at $4 Billion Valuation
Synthesia previously talked with Adobe and Meta about a potential sale.
NBA Coach and Player Ensnared in Sports Betting Indictments
The NBA suspended a Portland Trailblazers coach and a Miami Heat guard following the indictments.
Ellison’s Paramount Has Made Three Bids for WBD
Earlier this week WBD said it was reviewing its "strategic alternatives," which is code for putting itself on the market.
HongShan Leads Fundraising in AI Agent Genspark
The funding round, which is still ongoing, elevates the startup’s valuation to the north of $1 billion.
Amazon Launches New AI Recommendation Feature To Help Shoppers Make Decisions
Amazon has been revamping its search and product listings using AI to better match them with shoppers’ queries.
Trump Administration in Talks to Take Stakes in Quantum Computing Firms
The government, which agreed to take a 10% stake in Intel in August, is looking to deepen its involvement in key areas of technology.
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