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The Information Finance

Alphabet’s Fine Print Reveals Hidden Cost of the AI Talent War

By Cory Weinberg · Jun 3, 2026 9:23am PDT · 2 comments
Alphabet’s plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure and compute, is surprising enough, given the capital raise’s size and the fact that the company last raised equity 21 years ago, when Gwen Stefani’s “Hollaback Girl” was the song of the summer. But there’s another eye-catching detail in the offering... Alphabet’s plan to sell $80 billion worth of shares, billed as a way to pay for AI infrastructure...
Partner Content

How to Streamline Employee Engagement Surveys with the Google Gemini app

By The Information Partnerships · Jun 3, 2026 8:40am PDT
Employee engagement and satisfaction surveys sound simple: Ask your workers about their experience, and then see what they have to say. But in practice, these survey cycles often turn into months-long marathons, with HR teams sometimes taking weeks to agree on the right questions and then manually combing through messy, unstructured data after... Employee engagement and satisfaction surveys sound simple: Ask your workers about their...
Walmart CTO, Hari Vasudev. Photo courtesy of Walmart.

Walmart Looks Offline for AI Shopping Data Advantage

By Ann Gehan · Jun 3, 2026 6:00am PDT
Walmart is trying to make its Sparky assistant smarter and more capable for shoppers by collecting more real-world data on how people shop inside its 3,500-plus U.S. superstores. Gathering more in-store information has been a focus for the company since Sparky launched about a year ago, said Hari Vasudev, Walmart’s U.S. chief technology officer,... Walmart is trying to make its Sparky assistant smarter and more capable for shoppers by...
OpenAI chief revenue officer, Denise Dresser, speaks today. Screenshot via OpenAI.
OpenAI (and Microsoft) Make New AI Pitches to Businesses
By Martin Peers · Jun 2, 2026 5:01pm PDT
OpenAI chief revenue officer, Denise Dresser, speaks today. Screenshot via OpenAI.
The Briefing

OpenAI (and Microsoft) Make New AI Pitches to Businesses

By Martin Peers · Jun 2, 2026 5:01pm PDT
The poor souls responsible for technology buying decisions at companies must be overwhelmed these days. Not only does seemingly every other tech firm want to send consultants—invariably calling themselves forward-deployed engineers as though they’re on maneuver in the desert—to help companies learn how to use their AI services, but the array of... The poor souls responsible for technology buying decisions at companies must be overwhelmed these...
Art by Clark Miller.
Applied AI

5 Ways Companies Keep AI Bills in Check

By Aaron Holmes and Laura Bratton · Jun 2, 2026 10:31am PDT
Snowflake CEO Sridhar Ramaswamy on Monday became the latest executive to voice concerns over rising AI costs.“Are we worried about how much we are spending on AI inference across our internal teams? Absolutely,” he told my colleague Laura during Snowflake’s annual conference in San Francisco. (Snowflake is a major customer of Anthropic, OpenAI... Snowflake CEO Sridhar Ramaswamy on Monday became the latest executive to voice concerns over...
Art by Mike Sullivan
AI Agenda

Cognition Aims to Be the Switzerland of AI Agents with App Makeover

By Rocket Drew · Jun 2, 2026 7:01am PDT
AI coding startup Cognition is revamping its app to help users manage coding agents from many providers, executives told The Information. Cognition is betting that being a neutral platform will strengthen its hand in the increasingly competitive market for AI coding tools.The change, to be announced on Tuesday, involves the Windsurf application... AI coding startup Cognition is revamping its app to help users manage coding agents from many...
Art by Clark Miller.
Exclusive

Amazon’s Media Empire Quietly Taps Outside Ad Sales Help

By Catherine Perloff · Jun 2, 2026 6:00am PDT
Amazon has been pitching its advertising business as an “everything store” for media—where brands can buy ads that run on everything from Thursday Night Football and streaming site Twitch to media it does not own, like Netflix and Spotify. Despite that united front, behind the scenes the company has been relying on an increasing number of... Amazon has been pitching its advertising business as an “everything store” for media—where...
Benjamin Fanjoy/Bloomberg via Getty Images.
Google’s AI Fundraising; Anthropic’s IPO Option
By Martin Peers · Jun 1, 2026 5:01pm PDT
Benjamin Fanjoy/Bloomberg via Getty Images.
The Briefing

Google’s AI Fundraising; Anthropic’s IPO Option

By Martin Peers · Jun 1, 2026 5:01pm PDT
How is running an AI firm like running for Congress? In either case, you have to spend half your time raising money! Take Google’s surprising announcement on Monday afternoon that it plans to raise a total of $80 billion in equity “as part of its plan to fund investments” in AI. That’s in addition to the $85 billion it has already borrowed in... How is running an AI firm like running for Congress? In either case, you have to spend half your...
Sachin Katti, OpenAI's head of compute.
AI Infrastructure

OpenAI Could Release Internal Tool That Would Weaken Nvidia’s Software Advantage

By Anissa Gardizy · Jun 1, 2026 9:37am PDT
Morning! Anissa here. OpenAI is open to the idea of publicly sharing software it’s been developing to make its AI run on chips from different providers, a senior executive said, a move that could weaken one of Nvidia’s biggest advantages. The revealing comments came from Sachin Katti, who leads compute and infrastructure at OpenAI,... Morning! Anissa here. OpenAI is open to the idea of publicly sharing software it’s been...
Art via Getty Images
AI Agenda

AI Evaluators Struggle with Models That Know When They’re Being Tested

By Rocket Drew · Jun 1, 2026 7:00am PDT · 1 comment
AI researchers are starting to make progress on a confounding problem: AI models are getting better at telling when they are in an evaluation.That could become a problem for AI companies that use evaluations to gauge the capabilities and behaviors of their models before releasing them. If models act differently during testing, that could mean... AI researchers are starting to make progress on a confounding problem: AI models are getting...
Microsoft CEO Satya Nadella via Getty
The Briefing

Microsoft’s AI Independence Day

By Aaron Holmes and Qianer Liu · May 31, 2026 2:56pm PDT
Two months after Microsoft’s conscious uncoupling from OpenAI, Microsoft wants to prove it’s thriving as an AI provider that doesn’t have to rely on the ChatGPT maker’s technology. Microsoft’s annual Build conference for roughly 2,500 app developers, which kicks off Tuesday in San Francisco, will be a “debutante ball” of sorts for its team... Two months after Microsoft’s conscious uncoupling from OpenAI, Microsoft wants to prove it’s...
Why Forward Deployed Engineers Are the Rage
By Laura Bratton and Kevin McLaughlin · May 31, 2026 8:00am PDT · 4 comments
Sunday Insights

Why Forward Deployed Engineers Are the Rage

By Laura Bratton and Kevin McLaughlin · May 31, 2026 8:00am PDT · 4 comments
AI researchers may have the hottest job in tech, but forward-deployed engineers who put the AI to good use are becoming indispensable too. The military-inspired job title, which Palantir began using in the context of business software more than a decade ago, has spread to all corners of the industry. Last week, for instance, Meta formed a new... AI researchers may have the hottest job in tech, but forward-deployed engineers who put the AI to...
Art by Clark Miller; Getty Images
The Big Read

OpenAI’s Revenue Chief Barnstorms for Business Customers

By Sri Muppidi and Laura Bratton · May 30, 2026 6:00am PDT · 2 comments
Before former Slack CEO Denise Dresser joined OpenAI in December as its chief revenue officer, the company’s efforts to sell its products to business customers were sometimes clunky. Earlier in 2025, for example, the company had struck an agreement with Databricks, which would sell OpenAI products alongside the database software provider’s own... Before former Slack CEO Denise Dresser joined OpenAI in December as its chief revenue officer,...
Art by Clark Miller; Getty Images.
Exclusive

Meta Memo Outlines Ambitious Hardware Plans, Including New AI Pendant

By Jyoti Mann · May 29, 2026 4:38pm PDT
Meta Platforms plans to start testing an AI pendant in the next year as part of an ambitious roadmap for wearable devices aimed at reversing the huge losses in its hardware division. An internal memo describing the roadmap, reviewed by The Information, also lays out plans to significantly expand its selection of AI glasses and to add a... Meta Platforms plans to start testing an AI pendant in the next year as part of an ambitious...
Art by Getty Images
Exclusive

China’s ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq

By Qianer Liu and Juro Osawa · May 29, 2026 6:00am PDT · 1 comment
TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure. The new AI chip is intended to have a structure similar to U.S. chip designer Groq’s language processing units, which are built to run AI models at low cost, according to three people with... TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of...
Getty Images
Big Law’s AI Threat to Harvey, Legora
By Julia Hornstein · May 28, 2026 4:47pm PDT · 1 comment
Getty Images
Dealmaker

Big Law’s AI Threat to Harvey, Legora

By Julia Hornstein · May 28, 2026 4:47pm PDT · 1 comment
Despite fears that advanced tools from Anthropic and OpenAI would soon make legal apps like Harvey and Legora irrelevant, recent revenue milestones at those startups suggest they are doing just fine. But a fresh assault on their business is brewing: Some law firms now want to develop their own AI apps with frontier model companies like... Despite fears that advanced tools from Anthropic and OpenAI would soon make legal apps like...