The Information

From left, OpenAI CEO Sam Altman, Reliance Industries Chairman Mukesh Ambani, and Meta Platforms CEO Mark Zuckerberg. Photos via Getty

OpenAI and Meta Seek AI Alliance With India’s Reliance

By Sri Muppidi and Amir Efrati · Mar 22, 2025 9:18am PDT · 1 comment

OpenAI executives in recent months have spoken multiple times with their counterparts at Reliance Industries, which owns the world’s largest oil refinery, India’s top wireless carrier and numerous retailers, about a potential product and sales partnership, according to two people who spoke to executives at both companies. OpenAI wants Reliance... OpenAI executives in recent months have spoken multiple times with their counterparts at Reliance...

CoreWeave Faces Reality Check on Bullish Growth Forecasts

By Cory Weinberg · Mar 20, 2025 3:00pm PDT · 1 comment

Last fall, artificial intelligence star CoreWeave shared astounding financial projections with private investors. It projected that revenue would quadruple to $8 billion in 2025 and cash burn would shrink by more than one-third to $4 billion, according to confidential investor documents. Those expectations appear a lot more sober now, as the... Last fall, artificial intelligence star CoreWeave shared astounding financial projections with...

Art by Mike Sullivan

Apple is Losing Over $1 Billion a Year on Streaming Service

By Wayne Ma · Mar 20, 2025 6:00am PDT

Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company’s video-streaming service, had been striking, including for “Argylle,” a spy action-comedy starring Henry Cavill and Dua Lipa. The movie, which cost $200 million to produce, hadn’t found much of an audience or generated more... Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple...

Art by Mike Sullivan

OpenAI’s ‘Agents’ Pose Risks to DoorDash, Other Consumer Apps

By Stephanie Palazzolo and Amir Efrati · Mar 19, 2025 10:51am PDT · 6 comments

Art by Mike Sullivan

OpenAI’s ‘Agents’ Pose Risks to DoorDash, Other Consumer Apps

By Stephanie Palazzolo and Amir Efrati · Mar 19, 2025 10:51am PDT · 6 comments

Before OpenAI in January launched Operator, its artificial intelligence that uses the web to plan trips, compile reports and shop online for people, it asked DoorDash to be an official “launch partner” for the new product. DoorDash agreed—but it had a question. In a meeting last fall between the companies, a DoorDash executive asked OpenAI... Before OpenAI in January launched Operator, its artificial intelligence that uses the web to plan...

Photo by Getty.

Amazon’s Quest to Displace Google as Internet Ad Powerbroker

By Catherine Perloff, Sahil Patel and Theo Wayt · Mar 18, 2025 7:15am PDT · 1 comment

Amazon has become one of the biggest advertising businesses thanks to merchants promoting their wares in search ads on Amazon’s e-commerce site. Now Amazon has set its sights on becoming the conduit for advertisers to buy ads everywhere on the internet, not just on websites it controls. To get there, Amazon has lately offered incentives for... Amazon has become one of the biggest advertising businesses thanks to merchants promoting their...

An Annapurna Labs Trainium 2 chip. Photo by Getty

Amazon Undercuts Nvidia With Aggressive AI Chip Discounts

By Kevin McLaughlin and Anissa Gardizy · Mar 18, 2025 6:00am PDT · 5 comments

Amazon Web Services has a new strategy to convince cloud customers to use its artificial intelligence chip rather than chips made by Nvidia: sharply undercutting Nvidia on price. A longtime AWS cloud customer said the company recently pitched them on renting servers powered by the chip, Trainium, that would give them the same computing... Amazon Web Services has a new strategy to convince cloud customers to use its artificial...

From left to right: Andrew Bosworth, Chris Cox, Mark Zuckerberg, Alex Schultz, Adam Mosseri, Susan Li and Dave Wehner. Art by Clark Miller; Images via Getty.

Meta Ramps Up for Landmark FTC Trial

By Kalley Huang and Sylvia Varnham O'Regan · Mar 17, 2025 10:54am PDT

Next month, a much-anticipated Federal Trade Commission trial against Meta Platforms is expected to kick off in a federal courtroom in Washington. If the government gets its way, the trial could end up forcing Meta to sell one or both of its most popular apps, Instagram and WhatsApp, but it will likely take months or years before that’s known. ... Next month, a much-anticipated Federal Trade Commission trial against Meta Platforms is expected...

Photo by AP

Google Taps MediaTek for Cheaper AI Chips

By Qianer Liu · Mar 17, 2025 6:00am PDT · 1 comment

Photo by AP

Google Taps MediaTek for Cheaper AI Chips

By Qianer Liu · Mar 17, 2025 6:00am PDT · 1 comment

Google plans to work with a new firm to help design and produce some of its artificial intelligence chips: MediaTek. Google is preparing to team up with the Taiwanese firm on the next version of the chips, known as Tensor Processing Units, that would be produced next year, according to two people involved in the project. Google plans to work with a new firm to help design and produce some of its artificial...

Crusoe CEO Chase Lochmiller, left, and Engine No. 1 founder Christopher James. Photos: Erin Beach

Startup Behind OpenAI’s Stargate Data Center Lands Record Power Deal

By Anissa Gardizy · Mar 16, 2025 8:57pm PDT · 5 comments

An Nvidia-backed startup building a massive data center for OpenAI has gained access to one of the largest new power sources for data centers in the U.S. The startup, Crusoe, said it struck an agreement with the owner of gas turbines that would generate 4.5 gigawatts of energy by 2027, an unprecedented sum that could power millions of Nvidia... An Nvidia-backed startup building a massive data center for OpenAI has gained access to one of...

Art by Mike Sullivan.

DeepSeek, a National Treasure in China, is Now Being Closely Guarded

By Juro Osawa and Qianer Liu · Mar 14, 2025 6:51am PDT · 7 comments

DeepSeek’s sudden rise to global stardom has earned the startup a status akin to national treasure in China. One result is restrictions on how the company operates. In recent weeks, company executives have forbidden some of DeepSeek’s employees involved in the research and development of artificial intelligence models from traveling abroad... DeepSeek’s sudden rise to global stardom has earned the startup a status akin to national...

Salesforce CEO Marc Benioff via Getty. Art by Clark Miller

Why AI Isn’t Giving Salesforce a Boost

By Kevin McLaughlin · Mar 13, 2025 9:31am PDT · 3 comments

Salesforce CEO Marc Benioff last month declared 2025 as the “absolute year of Agentforce,” a product the software company launched last fall to help customers automate customer service and other business functions. “We’ve never seen products grow at these levels, especially Agentforce,” he said, citing customers such as gym owner Equinox and... Salesforce CEO Marc Benioff last month declared 2025 as the “absolute year of Agentforce,” a...

From left: Larry Ellison, Zhang Yiming, Donald Trump. Photos by Getty.

Oracle Is Leading Contender to Help Run TikTok in New Deal

By Jing Yang, Juro Osawa, Anissa Gardizy and Sri Muppidi · Mar 13, 2025 6:51am PDT · 4 comments

From left: Larry Ellison, Zhang Yiming, Donald Trump. Photos by Getty.

Oracle Is Leading Contender to Help Run TikTok in New Deal

By Jing Yang, Juro Osawa, Anissa Gardizy and Sri Muppidi · Mar 13, 2025 6:51am PDT · 4 comments

Oracle has emerged as a leading contender to help run TikTok as part of a deal President Donald Trump is orchestrating to satisfy last year’s divest-or-ban law, say investors, bankers and former executives familiar with the Chinese tech giant. ByteDance management prefers Oracle, while President Trump has also indicated his support for Oracle... Oracle has emerged as a leading contender to help run TikTok as part of a deal President Donald...

Art by Mike Sullivan.

TikTok Executives Bail as Ban Deadline Looms

By Kaya Yurieff, Juro Osawa and Jing Yang · Mar 12, 2025 3:07pm PDT · 1 comment

The groups of buyers circling TikTok’s U.S. operations are likely to find it a more svelte company than it was a year ago, after a string of senior managers left the popular video app. At least eight TikTok executives, including music chief Ole Obermann, global head of litigation Emily Stubbs and Sameer Singh, head of North American ad sales,... The groups of buyers circling TikTok’s U.S. operations are likely to find it a more svelte...

Photo by Getty.

BNY Boosts Business With Circle, as Banks Warm to Crypto

By Yueqi Yang · Mar 12, 2025 10:57am PDT

BNY, the nation’s oldest bank, is expanding the services it handles for stablecoin giant Circle, the latest sign that U.S. banking access for the crypto industry is easing under a friendlier regulatory environment. The bank will allow some clients to send money to and from Circle through BNY for purchase or sale of Circle’s stablecoins, people... BNY, the nation’s oldest bank, is expanding the services it handles for stablecoin giant Circle,...

Qasar Younis, co-founder and CEO of Applied Intuition. Photo via Getty.

Self-Driving Software Supplier Applied Intuition in Talks for Funding at $15 Billion Valuation

By Natasha Mascarenhas, Sri Muppidi and Alex Perry · Mar 11, 2025 8:27pm PDT

Applied Intuition, an eight-year-old developer of simulation software for training self-driving vehicles, is in talks with investors to raise capital at a $15 billion valuation, more than double its valuation from a year ago, according to a person with direct knowledge of the discussions. Existing investor Kleiner Perkins is in talks to... Applied Intuition, an eight-year-old developer of simulation software for training self-driving...

Snowflake CEO Sridhar Ramaswamy via Getty

Snowflake, Databricks Discuss AI Data Security Deals With Google, Anthropic

By Kevin McLaughlin · Mar 11, 2025 8:00am PDT

Snowflake CEO Sridhar Ramaswamy via Getty

Snowflake, Databricks Discuss AI Data Security Deals With Google, Anthropic

By Kevin McLaughlin · Mar 11, 2025 8:00am PDT

After Sridhar Ramaswamy became CEO of database provider Snowflake a year ago, customers such as banks and healthcare firms said they might move their business elsewhere because they felt they couldn’t safely access artificial intelligence from OpenAI, Anthropic or Google through Snowflake’s core product. Some customers considered switching to... After Sridhar Ramaswamy became CEO of database provider Snowflake a year ago, customers such as...

Europe’s Banks, Unlike U.S. Rivals, Play With DeepSeek

By Michael Roddan · Mar 11, 2025 6:00am PDT · 1 comment

The sudden rise of DeepSeek represents an opportunity for banks and financial firms to access a low-cost but still sophisticated artificial intelligence model—if only it wasn’t from China. Geopolitical tensions between Washington and Beijing, along with perceived security risks posed by the Chinese-made AI tool, have kept U.S. banks from... The sudden rise of DeepSeek represents an opportunity for banks and financial firms to access a...

Microsoft's Mustafa Suleyman. Image via Getty

Microsoft’s AI Guru Wants Independence From OpenAI. That’s Easier Said Than Done

By Aaron Holmes · Mar 7, 2025 6:00am PST · 2 comments

Mustafa Suleyman wasn’t getting the answers he wanted. Last fall, during a video call with senior leaders at OpenAI and Microsoft, Suleyman—who leads Microsoft’s in-house artificial intelligence unit—wanted OpenAI staffers to explain how its latest model, o1, worked, according to someone present for the conversation and two other... Mustafa Suleyman wasn’t getting the answers he wanted. Last fall, during a video call with senior...

Larry Page. Photo by AP

Larry Page Has a New AI Startup

By Jessica E. Lessin and Erin Woo · Mar 6, 2025 12:50pm PST

Google co-founder Larry Page has formed a new company, Dynatomics, to upend manufacturing with artificial intelligence. Page and a small group of engineers are working on ways to use large language models to design flying cars and other types of planes—and then have a factory build them, according to three people knowledgeable about the... Google co-founder Larry Page has formed a new company, Dynatomics, to upend manufacturing with...

Art by Mike Sullivan

How China’s Tech Titans Swallowed Their Pride and Embraced DeepSeek

By Juro Osawa, Qianer Liu and Jing Yang · Mar 6, 2025 6:00am PST

Art by Mike Sullivan

How China’s Tech Titans Swallowed Their Pride and Embraced DeepSeek

By Juro Osawa, Qianer Liu and Jing Yang · Mar 6, 2025 6:00am PST

The breakout success of DeepSeek has triggered soul searching among Chinese tech giants including ByteDance, Alibaba Group, Tencent Holdings and Baidu. The conclusion: All four are swallowing their pride and embracing the startup’s technology. Over the past month, the four companies have either integrated DeepSeek’s artificial intelligence... The breakout success of DeepSeek has triggered soul searching among Chinese tech giants including...