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Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation
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www.theinformation.com
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1 hour ago
Alibaba
AI
Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng
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www.theinformation.com
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1 day ago
Anthropic says its senior leaders met Trump admin officials on June 15, but no resolution was reached and both sides are working to resolve things quickly
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www.theinformation.com
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1 day ago
Trump
Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year
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www.theinformation.com
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1 day ago
AI
Source: the White House is unlikely to extend export restrictions on Anthropic's Mythos 5 to other AI companies, citing Anthropic's refusal to fix jailbreaks
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www.theinformation.com
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3 days ago
AI
Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in motion new export restrictions
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www.theinformation.com
)
3 days ago
Trump
Amazon
Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026
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www.theinformation.com
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4 days ago
AI
Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners
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www.theinformation.com
)
4 days ago
Microsoft
Xbox
Sources: six months after acquiring Rivos, Meta is struggling to integrate the chip startup and halted development of a chip for training its largest AI models
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www.theinformation.com
)
4 days ago
Startup
AI
How Anthropic is blindsiding business partners by launching potentially competitive products with little warning, changing pricing, and more
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www.theinformation.com
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5 days ago
Sources: Anthropic signed 12+ initial agreements for direct data center leases, a first for the company, with Google potentially providing a financial guarantee
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www.theinformation.com
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5 days ago
Google
Sources: Google is in talks with Samsung to manufacture a memory input-output die for its 10th-gen Icefish TPU, while making the computing engine at TSMC
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www.theinformation.com
)
5 days ago
Google
Samsung
Sources: Sam Altman told staff that OpenAI is expected to go public “within the next year” and OpenAI plans a tender offer “very soon” at a $687.69 share price
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www.theinformation.com
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6 days ago
Sources: OpenAI is in advanced talks to lease a proposed 10GW data center campus in Ohio as part of a deal that could include financial backing from Nvidia
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www.theinformation.com
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7 days ago
Nvidia
Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials
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www.theinformation.com
)
8 days ago
Google
Intel
Nvidia
Source: White House AI advisor Sriram Krishnan plans to leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution
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www.theinformation.com
)
10 days ago
Trump
AI
Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off
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www.theinformation.com
)
11 days ago
AI
In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout
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www.theinformation.com
)
11 days ago
Microsoft
AI
Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation
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www.theinformation.com
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12 days ago
Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022
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www.theinformation.com
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13 days ago
AI
Nvidia
Internal documents: Meta is considering tiered pricing for “Hatch”, its planned OpenClaw-like AI agent tool, including a $200-per-month premium subscription
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www.theinformation.com
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13 days ago
AI
Nearly 40% of Alphabet's planned ~$85B in equity offerings for AI will go toward covering tax obligations tied to employee equity awards, amid the AI talent war
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www.theinformation.com
)
13 days ago
Tax
AI
Equity
Alphabet
Internal memo: Meta is scaling back elements of its employee tracking tool, launched in April to help train its AI models, after staff raised concerns
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www.theinformation.com
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14 days ago
AI
Salesforce is acquiring CMS provider Contentful; source: Salesforce paid between $1B and $1.5B, a steep discount from Contentful's $3B valuation in 2021
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www.theinformation.com
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15 days ago
Salesforce
Palo Alto Networks says Mythos found 24+ critical bugs, burning $1M+ of tokens, subsidized by Anthropic; some companies say they plan to boost Mythos spending
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www.theinformation.com
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15 days ago
Chinese AI developer MiniMax launches M3, a new coding model that it says rivals Opus 4.7, costing $0.12 per 1M input tokens, compared with $5 for Opus 4.7
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www.theinformation.com
)
15 days ago
China
AI
Internal memo: Meta plans to start testing an AI pendant in 2027, release new AI glasses next month, start a “Wearables for Work” unit for enterprises, and more
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www.theinformation.com
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18 days ago
AI
Sources: ByteDance has partnered with chipmaker InnoStar to develop an AI inference chip modeled after Groq's LPUs, which are built to run AI models at low cost
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www.theinformation.com
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18 days ago
AI
Sources: at WWDC, Apple is likely to showcase how 15 years of designing custom silicon chips gives it an advantage in local AI, using a distilled Gemini model
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www.theinformation.com
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19 days ago
AI
Apple
Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools
(
www.theinformation.com
)
20 days ago
AI
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