Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: some key staff working on Microsoft's distilled AI models like Phi, trained on synthetic data, have left the Microsoft AI unit led by Mustafa Suleyman (www.theinformation.com)
2024-9-25 Microsoft AI

Sources: Scale AI nearly quadrupled sales YoY to ~$400M in H1 2024 and had ~$980M in cash; the data labeling startup raised $1B at a $13.8B valuation in May (www.theinformation.com)
2024-9-24 Startup AI

Source: Anthropic has started talking to investors about a future capital raise, floating a $30B-40B valuation, around double its valuation from earlier in 2024 (www.theinformation.com)
2024-9-24

Source: most daily users of Meta AI do so through WhatsApp, followed by Facebook, and few via Instagram; the vast majority of Meta AI's users are outside the US (www.theinformation.com)
2024-9-21 Facebook AI Instagram WhatsApp

Sources: ByteDance aims to mass produce two AI chips designed alongside TSMC in 2026; a source says ByteDance plans to order several hundred thousand (www.theinformation.com)
2024-9-16 AI

Source: OpenAI's ChatGPT has 11M+ paying subscribers, including 1M for its higher-priced business plans, implying it's generating $225M+ in revenue per month (www.theinformation.com)
2024-9-13

Sources describe how Stripe was forced to scramble after its payments partnership with Wells Fargo ended and Goldman Sachs decided against taking up the role (www.theinformation.com)
2024-9-11 Goldman

Sources: OpenAI aims to release its reasoning-focused Strawberry AI within two weeks as a model users can pick in ChatGPT; it will lack multimodal capabilities (www.theinformation.com)
2024-9-11 AI

Filing: OnlyFans revenue rose 20% YoY to ~$1.31B for the FY ending November 2023; creator accounts grew 29% to ~4.1M, while fan accounts rose 28% to 305M (www.theinformation.com)
2024-9-7

Sources: Huawei and SMIC are struggling with making chips for Huawei's next flagship Mate 70, due to US restrictions; Huawei was aiming for a September release (www.theinformation.com)
2024-9-5

Coatue founder Philippe Laffont has left the board of ByteDance following a report that Coatue was considering selling a portion of its ByteDance stake (www.theinformation.com)
2024-9-1

Previous Page Next Page