Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: Microsoft will use Anthropic's models for some AI features in Office 365 apps, after finding Claude Sonnet 4 outperforms GPT-5 in some tasks (www.theinformation.com)
2025-9-10 Microsoft AI

OpenAI told investors that it projects its cash burn this year through 2029 will rise to a total of $115B, about $80B higher than it previously expected (www.theinformation.com)
2025-9-6

At the White House dinner, Zuckerberg said Meta plans to spend “something like at least $600B” through 2028 on data centers and other infrastructure in the US (www.theinformation.com)
2025-9-6 Zuckerberg

Source: AI contractor marketplace Mercor has received investment offers valuing it as high as $10B, just six months after raising $100M at a $2B valuation (www.theinformation.com)
2025-9-5 AI

Source: Nvidia agreed to rent 10,000 of its own AI chips from Lambda for $1.3B over four years, the latest example of Nvidia's circular financial arrangements (www.theinformation.com)
2025-9-5 AI Nvidia

Sources: plans for X Money, a nationwide peer-to-peer payments service integrated into X, have stalled as DFS NY and other state regulators raise concerns (www.theinformation.com)
2025-9-5

Sources: Lambda, a cloud provider that rents out Nvidia chips, has hired banks to prepare for a US IPO as soon as H1 2026; it was valued at $2.5B in February (www.theinformation.com)
2025-9-4 IPO Nvidia

Nvidia acquires Solver, a three-year-old AI coding agent startup formerly known as Laredo Labs, which had raised $8M from Radical Ventures and other investors (www.theinformation.com)
2025-9-3 Startup AI Nvidia

Filing: StubHub, which is planning a September IPO, says revenue grew 3% to $828M in H1, missing its earlier projection of $885M, with adjusted EBITDA down 7% (www.theinformation.com)
2025-8-31 IPO

Sources: Meta Superintelligence Labs' leaders have discussed using Google or OpenAI's models to power Meta AI and other AI features in Meta's social media apps (www.theinformation.com)
2025-8-30 Google AI

Flip, a TikTok rival that let shoppers post video reviews and earn cash based on engagement, has shut down; it had raised $300M and was valued at $1B+ in 2024 (www.theinformation.com)
2025-8-30

Sources: DeepSeek plans to use Huawei's Ascend AI chips to train smaller versions of its upcoming R2 models but will still use Nvidia chips for largest models (www.theinformation.com)
2025-8-29 AI Nvidia

Sources: Pinecone, which provides an AI-compatible vector database, is exploring a sale after receiving takeover interest; Pinecone was valued at $750M in 2023 (www.theinformation.com)
2025-8-29 Database AI

Rain, a stablecoin-backed Visa card issuer, raised a $58M Series B led by Sapphire Ventures, after raising a $24.5M Series A led by Norwest in March (www.theinformation.com)
2025-8-28

Sources: HongShan, formerly Sequoia China, has invested only a quarter of the ~$9B it raised in 2022 and has been increasingly looking beyond China for deals (www.theinformation.com)
2025-8-27 China

Sources: Apple executives have discussed acquiring Mistral AI and Perplexity, with Eddy Cue as the most vocal champion within the company for such AI deals (www.theinformation.com)
2025-8-27 AI Apple

Source: Snap is considering raising outside money to fund Spectacles development or spinning off Spectacles, to compete with deeper-pocketed rivals like Meta (www.theinformation.com)
2025-8-23

Sources: OpenAI has been partially using Google search results scraped by a startup called SerpApi for ChatGPT responses on current events like news and sports (www.theinformation.com)
2025-8-22 Google Startup

Sources: Nvidia told suppliers like Amkor and Samsung to halt H20 chip production after China urged local tech firms to avoid H20 over alleged security concerns (www.theinformation.com)
2025-8-22 China Samsung Nvidia

Source: Meta has signed a deal with Google, worth more than $10B over six years, to use Google Cloud's servers, storage, networking, and other services (www.theinformation.com)
2025-8-22 Google

Sources: Crusoe is discussing raising $1B+ at a $10B valuation; the company, which is helping build OpenAI's first Stargate facility, had $250M revenue in 2024 (www.theinformation.com)
2025-8-22

Sources: Character.AI has recently discussed a sale with potential buyers and also talked with investors about raising a few hundred million at a $1B+ valuation (www.theinformation.com)
2025-8-21 AI

Source: Pylon, which uses AI to automate B2B customer service, raised $31M led by a16z and Bain Capital at a valuation in the hundreds of millions of dollars (www.theinformation.com)
2025-8-20 AI

NYC-based Protege, which prepares and sells real-world datasets like lab results and sports footage for AI training, raised a $25M Series A led by Footwork (www.theinformation.com)
2025-8-18 AI

Sources: Meta plans its fourth AI restructuring in six months, dividing Superintelligence Labs into TBD Lab, a product team, an infrastructure team, and FAIR (www.theinformation.com)
2025-8-16 AI

Source: cloud startup Vercel has been approached by investors offering to invest hundreds of millions at an $8B-$9B valuation; it was valued at $3B last year (www.theinformation.com)
2025-8-15 Startup

Sources: chip startup Rivos, which plans to release a GPU for inference as early as 2026, is seeking to raise between $400M and $500M at a $2B+ valuation (www.theinformation.com)
2025-8-15 Startup

Sources: Perplexity talked with The Browser Co. and Brave about buying them, offering ~$1B for Brave; OpenAI also discussed an acquisition with The Browser Co. (www.theinformation.com)
2025-8-14 Browser

Source: Meta has acquired WaveForms AI, which is working on AI that understands and mimics emotion in audio and debuted in December with a $40M seed led by a16z (www.theinformation.com)
2025-8-8 AI

Source: OpenAI awards bonuses to ~1,000 research and engineering employees, or ~30% of its staff, ranging from several hundred thousand to millions of dollars (www.theinformation.com)
2025-8-8

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