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How to Create Presentation Outlines in Seconds with Google Gemini

By The Information Partnerships · May 22, 2026 8:17am PDT · 3 comments

When business leaders are preparing for an important presentation, their teams sometimes need to shut down their other work for days or even weeks to clear time for the prep work: multiple meetings to bat around ideas, long email threads to pin down the overarching narrative, and a constant stream of notifications as various stakeholders mark up... When business leaders are preparing for an important presentation, their teams sometimes need to...

Art by Mike Sullivan

Artificial Intelligence

Microsoft Opens a New Front in the Fight Over Data for AI Agents

By Kevin McLaughlin · May 22, 2026 6:00am PDT · 2 comments

Microsoft has opened a new front in the AI data wars, blocking partners from connecting their data management tools to a popular product as it tries to defend its business software strength in the era of AI agents. The friction centers on Power BI, a Microsoft product nearly all Fortune 500 firms use to analyze data about their operations in... Microsoft has opened a new front in the AI data wars, blocking partners from connecting their...

Elon Musk and Sam Altman in 2015.

A Trio of Trillion Dollar IPOs

By Katie Roof · May 21, 2026 5:17pm PDT · 4 comments

On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary Sam Altman had some IPO news of its own: OpenAI was planning to file its IPO prospectus within weeks. The news not only took some of the spotlight away from SpaceX’s upcoming public debut, but also that of Altman’s other rival, Anthropic. ... On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary...

SpaceX's new Starship V3 rocket docked on May 21 in South Padre Island, Texas. Ronaldo Schemidt/AFP/Getty.

Why SpaceX is Worth $700 Billion, Not $1.75 Trillion

By Martin Peers · May 21, 2026 5:01pm PDT · 9 comments

SpaceX's new Starship V3 rocket docked on May 21 in South Padre Island, Texas. Ronaldo Schemidt/AFP/Getty.

Why SpaceX is Worth $700 Billion, Not $1.75 Trillion

By Martin Peers · May 21, 2026 5:01pm PDT · 9 comments

If SpaceX pulls off what is widely described in the news media as the “largest IPO in history” next month, it will be a testament to Elon Musk’s skills as a salesman. The company’s newly public IPO prospectus makes it plain that SpaceX is largely a telecom firm with a rocket launch business on the side, with future growth coming from a cloud... If SpaceX pulls off what is widely described in the news media as the “largest IPO in history”...

Art by Clark Miller.

Venture Capital Reshuffle Looms As IPO Drought Ends

By The Information Staff · May 21, 2026 12:44pm PDT

A potential cluster of mega-listings by SpaceX, OpenAI and Anthropic this year could cement the dominance of venture firms that managed to get into the most important private companies of the last decade. For years, venture investing has been defined by a lack of cash returns. Startups stayed private longer, initial public offerings slowed, and... A potential cluster of mega-listings by SpaceX, OpenAI and Anthropic this year could cement the...

OpenAI CEO, Sam Altman. Anna Moneymaker/Getty Images.

OpenAI Generated Nearly $6 Billion in Revenue in First Quarter, Boosted by Codex

By Sri Muppidi · May 21, 2026 11:26am PDT · 6 comments

OpenAI generated about $5.7 billion in revenue in the first quarter, nearly $1 billion more than archrival Anthropic generated in the same period, according to two people with knowledge of the financials. OpenAI’s coding agent Codex, along with growth from selling to businesses and testing ads on ChatGPT, helped drive first-quarter growth,... OpenAI generated about $5.7 billion in revenue in the first quarter, nearly $1 billion more than...

An AI data center under construction in Michigan for Oracle and OpenAI. Photo: Jim West/UCG/Universal/Getty

Exclusive From The Electric: AI Data Center Demand Could Finally Spur a Battery Boom

By Steve LeVine · May 21, 2026 9:00am PDT · 1 comment

Western battery makers, which have scaled back plans for new factories amid tepid consumer demand for electric vehicles, have found a smaller but much needed stream of income from their ability to quickly deploy backup power for AI data centers. Western battery makers, which have scaled back plans for new factories amid tepid consumer demand...

Art by Mike Sullivan

Cursor Sees Opening as GitHub Flounders

By Rocket Drew · May 21, 2026 7:10am PDT · 1 comment

Art by Mike Sullivan

Cursor Sees Opening as GitHub Flounders

By Rocket Drew · May 21, 2026 7:10am PDT · 1 comment

Microsoft's GitHub unit has been on the defensive lately. Amid a series of outages and other snags, Jay Parikh, who oversees the software-project management platform, recently warned deputies that coding tools from Cursor and Anthropic could eventually make GitHub obsolete, my colleague Aaron wrote this week.Parikh was right to be worried.... Microsoft's GitHub unit has been on the defensive lately. Amid a series of outages and other...

Getty Imags.

Anthropic Is in Talks to Use Microsoft’s AI Chips

By Aaron Holmes and Qianer Liu · May 21, 2026 6:00am PDT · 1 comment

Anthropic is in talks to rent servers powered by Microsoft-designed AI server chips as it seeks more computing power to meet rising demand for its AI, according to two people who spoke to executives involved in the discussion. Winning Anthropic as a customer would be a coup for Microsoft, whose in-house chip design effort ran into delays last... Anthropic is in talks to rent servers powered by Microsoft-designed AI server chips as it seeks...

Nvidia CEO Jensen Huang. Ian Maule/Bloomberg/Getty.

Nvidia’s Blowout and SpaceX’s Blue Sky Ambitions

By Martin Peers · May 20, 2026 5:00pm PDT

Nvidia, wow. The AI chip giant did it again, delivering better than projected 85% revenue growth for its April quarter, the first in its 2027 fiscal year. Even better, Nvidia forecast 95% growth for the second quarter. Its fiscal 2027 is shaping up to be a firecracker, with sharply faster growth than last year’s still-stellar 66% rate of... Nvidia, wow. The AI chip giant did it again, delivering better than projected 85% revenue growth...

Photo by Ethan Swope/Getty Images.

The 7 Biggest Reveals in SpaceX’s IPO Filing

By Cory Weinberg and Theo Wayt · May 20, 2026 3:38pm PDT · 1 comment

SpaceX’s long-awaited public offering paperwork revealed fresh details about its unlikely partnership with Anthropic that are representative of the overall IPO story for Elon Musk’s company: Enormous potential, with risks everywhere. The company said Anthropic agreed to pay SpaceX $1.25 billion per month to rent capacity from both of its... SpaceX’s long-awaited public offering paperwork revealed fresh details about its unlikely...

Photo of Donald Trump via Getty Images. Art by Mike Sullivan

White House Briefs AI Companies on Plan to Review Models Before Release

By Leo Schwartz and Stephanie Palazzolo · May 20, 2026 12:06pm PDT · 2 comments

Photo of Donald Trump via Getty Images. Art by Mike Sullivan

White House Briefs AI Companies on Plan to Review Models Before Release

By Leo Schwartz and Stephanie Palazzolo · May 20, 2026 12:06pm PDT · 2 comments

The White House’s Office of the National Cyber Director hosted a briefing Tuesday for companies including OpenAI, Anthropic and Reflection AI on a planned executive order on AI that will empower intelligence and other government agencies to review advanced models before the models are released, according to people familiar with the matter. ... The White House’s Office of the National Cyber Director hosted a briefing Tuesday for companies...

Art by Mike Sullivan.

The Information Finance

Fintech Lenders are Still Learning the Hard Way

By Ann Gehan · May 20, 2026 9:41am PDT

The recent bankruptcy of Parker, a corporate card startup that catered to e-commerce customers, is a good reminder that lending is one of the toughest ways to make money in fintech. Parker had been among the dwindling number of standalone, tech-heavy lenders geared toward small businesses that first sprung up during the fintech funding... The recent bankruptcy of Parker, a corporate card startup that catered to e-commerce customers,...

As Anthropic Costs Mount, Businesses Pressure Software Firms to Shorten Contracts

By Laura Bratton · May 20, 2026 9:00am PDT · 3 comments

Businesses are spending more on Anthropic and other AI providers, and the additional budget has to come from somewhere. One natural target for cuts is other software. While businesses aren’t abandoning their enterprise applications outright, they’re putting themselves in a better position to do so if AI makes traditional apps less important. For... Businesses are spending more on Anthropic and other AI providers, and the additional budget has...

Google CEO Sundar Pichai on stage at Google I/O. Photo courtesy of Google.

Google Pitches Its AI Coding Tools as the Cost-Effective Option

By Erin Woo · May 20, 2026 7:00am PDT

Google came into its flagship developer conference, Google I/O, on Tuesday with a big question to answer: Does it have a counter to Anthropic’s dominance in coding?The takeaway, after a sweltering day in Mountain View, Calif.: Google wants to redefine the competition. Google didn’t release a new “pro” version of its flagship model, Gemini, to... Google came into its flagship developer conference, Google I/O, on Tuesday with a big question to...

SpaceX's rocket Starship makes a test flight last October. Photo by AP Photo/Eric Gay.

Starship Launch and IPO Filing Mark Critical Week for SpaceX

By Cory Weinberg, Theo Wayt and Valida Pau · May 20, 2026 5:19am PDT

SpaceX's rocket Starship makes a test flight last October. Photo by AP Photo/Eric Gay.

Starship Launch and IPO Filing Mark Critical Week for SpaceX

By Cory Weinberg, Theo Wayt and Valida Pau · May 20, 2026 5:19am PDT

SpaceX’s draft prospectus, which could become public as soon as later on Wednesday, has prominently positioned a photograph of its Starship rocket, in the very early stages of liftoff, with bright orange flames emerging from its engines and smoke plumes underneath. The photo underlines how the 400-foot-tall rocket is the most significant piece... SpaceX’s draft prospectus, which could become public as soon as later on Wednesday, has...