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.
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Recent Editions
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.
Alibaba Unveils AI Smart Glasses
Chinese tech giants are expanding into the AI-powered eyewear market after the success of Meta’s Ray-Ban glasses.
Anthropic Said to Discuss $150 Billion Valuation
The price is steeper than the one reported by The Information earlier this month.
Meta Names Chief Scientist for AI Organization
Shengjia Zhao, who previously worked at OpenAI, "will set the research agenda and scientific direction" for the new lab.
PagerDuty Explores Sale After Takeover Interest
Shares of incident management software maker PagerDuty shares soared more than 10% on the news that it is exploring a potential sale.
Meta Will Stop Political Ads in EU, Citing Regulation
Forthcoming EU regulation is intended to improve the transparency of political advertising.
Oura Revenue More Than Doubled Last Year
The Oura CEO said the company was thriving because its ring is more accurate than other wearables.
Tesla is Behind on Elon Musk’s Robot Goals
Musk has increasingly hyped Optimus, along with Tesla’s nascent robotaxi service, as the future of the company.
Intel CEO Says ‘No More Blank Checks’ For Contract Chip Business
Four months into his tenure as Intel CEO, Lip-Bu Tan is putting his own stamp on the company and promoting a range of dramatic cost-cutting measures.
Ellisons Move a Step Closer to Controlling Paramount After FCC Approves Deal
Larry Ellison's son David is buying the entertainment firm for a total cost of about $8 billion.
The NFL in Talks to Take 10% Stake in ESPN
A deal would strengthen the relationship between ESPN and the NFL, particularly as the league considers opting out of its current media rights contracts.
Benchmark General Partner Victor Lazarte to Start His Own Fund
He joined two years ago after co-founding his own gaming company, also backed by Benchmark.
SpaceX’s Starlink Suffers Global Outage
Starlink’s X account said Thursday that service is “currently in a network outage and we are actively implementing a solution.
Microsoft CEO: Recent Layoffs Are Part of ‘Enigma of Success’
CEO Satya Nadella said the job cuts are happening as Microsoft is spending more on data centers and chips “than ever before.”
OpenAI’s Data Center Developer Seeks $1 Billion, Projects Rapid Growth
Crusoe was valued at $2.8 billion in a round led by Founders Fund last year.
ServiceNow Shares Jump 7% as AI Deals Grow Larger
The results suggest that corporate AI software spending is remaining steady despite economic uncertainty and international trade tensions.
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