Circle Company News & Analysis — The Information

Recent Articles about Circle

Sunday Insights

Bitcoin Is Falling and Crypto Stocks Are Crashing

By Yueqi Yang · Nov 16, 2025 8:00am PST · 3 comments

Bitcoin has tumbled into a bear market, but the real damage is in the companies that have hoarded crypto, hoping to mimic the gains of Michael Saylor’s bitcoin stock, Strategy. Strategy is down 44% since bitcoin peaked in early October. More importantly, it is now trading slightly below the value of its bitcoin holdings. Bitcoin is down 24% from... Bitcoin has tumbled into a bear market, but the real damage is in the companies that have hoarded...

Getty Images

Waymo Speeds Up

By Martin Peers · Nov 12, 2025 5:00pm PST · 1 comment

Next time you’re barreling down a highway and you get stuck behind someone driving at the speed limit, don’t honk or flash your lights. It might be a Waymo self-driving car! The Alphabet-owned robotaxi business announced Wednesday that its cars will now drive on freeways in the San Francisco Bay Area, Los Angeles and Phoenix, a major advance for... Next time you’re barreling down a highway and you get stuck behind someone driving at the speed...

Art by Clark Miller.

Investors Chase Neolabs to Outflank OpenAI, Anthropic

By Stephanie Palazzolo and Sri Muppidi · Nov 11, 2025 5:10pm PST · 2 comments

Investors are rushing to back a new generation of research-focused AI startups. In just over a month, they’ve made or discussed $2.5 billion of investments into five of these startups, called neolabs, despite the high costs and risk of failure. The neolab startups’ founders say they hope to exploit new approaches to developing AI models and... Investors are rushing to back a new generation of research-focused AI startups. In just over a...

AI and Crypto Companies Dominated IPO Winners in 2025

By Valida Pau · Nov 9, 2025 8:00am PST

Sunday Insights

AI and Crypto Companies Dominated IPO Winners in 2025

By Valida Pau · Nov 9, 2025 8:00am PST

The drought in initial public offerings ended this year, led by big winners in AI and crypto, but gains were rare for companies outside those industries. Bankers expect those trends to hold in 2026. Booms in AI and crypto delivered two of the biggest winners of the year: data center developer CoreWeave and stablecoin issuer Circle. The losers... The drought in initial public offerings ended this year, led by big winners in AI and crypto, but...

Dario Amodei. Photo by Getty Images

The Information’s Most Promising AI Startups; Positive Cash Flow Seems In Sight For Anthropic

By Stephanie Palazzolo, Laura Mandaro and Rocket Drew · Nov 4, 2025 7:00am PST

I’d recommend you check out our annual list of the most promising startups, which we published this morning and includes companies across artificial intelligence, consumer, cybersecurity, crypto and more.Each year, it gets harder and harder to come up with our final list of AI applications and infrastructure startups. Part of that is due to the... I’d recommend you check out our annual list of the most promising startups, which we published...

Art by Mike Sullivan

Stock Market’s Crypto Rally Boosts Private Companies

By Yueqi Yang · Oct 31, 2025 6:00am PDT

Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation,... Stock market investors fell in love with crypto this year, setting off a big rally in public...

Subscriber Survey

Survey: Half of Readers Traded Crypto in the Past Three Months

By Shane Burke · Oct 30, 2025 11:53am PDT · 1 comment

About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three... About half of subscribers to The Information who responded to our latest survey said they bought...

OpenAI chief scientist Jakub Pachocki and CEO Sam Altman.

How Realistic is OpenAI’s 2028 Timeline For Automating AI Research Itself?

By Stephanie Palazzolo · Oct 29, 2025 7:00am PDT

OpenAI chief scientist Jakub Pachocki and CEO Sam Altman.

How Realistic is OpenAI’s 2028 Timeline For Automating AI Research Itself?

By Stephanie Palazzolo · Oct 29, 2025 7:00am PDT

OpenAI flooded the zone yesterday with a long-awaited announcement regarding its revised agreement with Microsoft and corporate restructuring, and an hour-long livestream in which CEO Sam Altman and Chief Scientist Jakub Pachocki answered questions from the public. (For more on the restructuring, check out this story from my colleagues.)On the... OpenAI flooded the zone yesterday with a long-awaited announcement regarding its revised...

Photo by Shutterstock

Microsoft’s AI Bundle Gets In Trouble

By Aaron Holmes and Kevin McLaughlin · Oct 28, 2025 10:30am PDT

Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as... Microsoft last year got more aggressive about getting people to pay up for artificial...

Binance co-founder Changpeng Zhao. Getty Images.

Trump Opens Door for Crypto’s Offshore Giants

By Yueqi Yang · Oct 23, 2025 5:00pm PDT · 1 comment

For crypto’s offshore giants these days, there’s nothing more important than figuring out their Trump playbook. Most are succeeding, as President Donald Trump’s pardon of Binance co-founder Changpeng Zhao today demonstrated. The pardon of Zhao, who was convicted of violating anti–money-laundering laws and served a four-month sentence last year,... For crypto’s offshore giants these days, there’s nothing more important than figuring out their...

DeepRoute CEO Maxwell Zhou, in Seoul in April. Photo: Photo: Costfoto/NurPhoto/Getty

The Electric: A Chinese AI Expert On What It Will Take For Cars To Go Completely Autonomous

By Steve LeVine · Oct 20, 2025 4:30am PDT · 1 comment

Global automakers agree that very soon consumers will expect all new cars to function autonomously, requiring little or no attention from the driver. But they are sharply divided about how to get there. Global automakers agree that very soon consumers will expect all new cars to function...

Art by Clark Miller.

Borrowed Money Fueled Crypto’s $700 Billion Sell-Off

By Yueqi Yang · Oct 13, 2025 1:44pm PDT · 2 comments

Art by Clark Miller.

Borrowed Money Fueled Crypto’s $700 Billion Sell-Off

By Yueqi Yang · Oct 13, 2025 1:44pm PDT · 2 comments

The flash crash that rumbled across the crypto market on Friday can be traced to an unusual token that aims to track the dollar, a fast-growing exchange that allows investors to borrow heavily and speculative tokens that traders buy using debt. That combustible mix of borrowed money was ignited Friday by President Donald Trump’s announcement of... The flash crash that rumbled across the crypto market on Friday can be traced to an unusual token...

Art by Clark Miller.

New Stablecoin Law Is Spurring Competition and Threatening Profits

By Yueqi Yang · Oct 8, 2025 6:00am PDT

In just over two months, the new stablecoin law has upended crypto markets, giving a group of new competitors a chance to wrest control from the industry’s two dominant companies, Tether and Circle. The biggest disruptor has been Stripe, which is benefiting from its well-timed $1.1 billion acquisition of stablecoin infrastructure startup Bridge... In just over two months, the new stablecoin law has upended crypto markets, giving a group of new...

Photos courtesy of the subjects

The Investment Bankers Winning at the AI Deal Game

By Valida Pau · Sep 25, 2025 6:00am PDT

There’s nothing like an earth-changing new technology to get the tech industry’s dealmaking juices flowing. That’s been good news and bad news for bankers, who have pocketed fees but have been boxed out of some of the biggest deals. We’ve pulled together a list of the bankers who have led the way on artificial intelligence dealmaking. The... There’s nothing like an earth-changing new technology to get the tech industry’s dealmaking...