OpenAI Lines Up $110 Billion in Funding From Amazon, Nvidia, SoftBank
OpenAI says more financial investors will likely join the round.
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Recent Editions
xAI’s ‘Macrohard’ Chief Third Co-Founder to Leave This Month
Toby Pohlen is the latest high level staffer to leave xAI in recent weeks, coinciding with its acquisition by SpaceX.
Amazon and OpenAI Reach $50 Billion Investment Agreement
OpenAI committed to using Amazon's Trainium AI chips and to making Amazon's cloud unit the exclusive "third party" cloud provider of OpenAI's AI management tool Frontier.
Anthropic CEO Says Company Won’t Agree to Pentagon Demands
On Friday, Anthropic faces a deadline to agree to the Pentagon’s demands or potentially be forced to do so by law.
Exclusive: Anthropic Says Daily Signups to Claude Chatbot Tripled Since November
Paid subscribers of Anthropic's Claude chatbot have more than doubled since October while free users have grown by 60% in the last month, the company said.
CoreWeave Losses Top Analyst Expectations, Hurting Stock
CoreWeave’s results showed how cloud companies continue to struggle with the costs of setting up and leasing expensive AI chips.
Intuit Stock Slips Despite Beating Revenue Forecast
Intuit's quarterly revenue grew two percentage points faster than its prior projection for the period.
Block Cuts Workforce by 40% in AI Bet
Block plans to cut its 10,000-strong workforce to under 6,000 employees.
U.S. Regulator Proposes Tightening Stablecoin Yield Ban
The proposal would likely draw pushback from crypto companies.
Thrive Capital’s Later Funds Outperform Early Vehicles
Thrive's later funds have returned cash at an above average rate, despite venture-backed companies staying private longer.
Netflix Drops Out of Bidding for WBD
WBD's decision gives Netflix four days to raise its offer or walk away.
DeepSeek Excludes Nvidia, AMD From Early Access to New Model
DeepSeek instead gave Chinese chip companies, including Huawei, early access to its upcoming V4 model.
Amazon’s OpenAI Investment Could Link Funding to IPO or AGI
Amazon would invest $15 billion upfront, with an additional $35 billion tied to the achievement of the specific milestones.
Exclusive: OpenAI Hires Meta AI Researcher Who Previously Led Apple’s Models Team
Ruoming Pang’s move to OpenAI follows a wave of departures from Meta’s AI team over the past year, though Meta also has hired people from OpenAI and others.
Kalshi Alleges MrBeast Editor Engaged in Insider Trading
Insider trading on prediction markets is on the rise.
Chime Flags Profitability in 2026
The fintech banking company, which publicly listed last June, on Wednesday reported a full year loss of $1 billion.
Nvidia Discloses $3.5 Billion in Data Center Lease Guarantees
Chipmaker provided the guaranties to "early-stage" companies but didn't disclose their identities.
Snowflake Shares Dip on Slower Sales Growth Forecast
Database provider Snowflake is starting to see growing adoption of its AI products, but slowing sales growth forecasts may be a source of concern for investors.
Salesforce Stock Slips 5% as Investors Wait For Its AI Products to Boost Growth
Investors have been waiting for Salesforce to show that its internal AI products will boost revenue.
Nvidia Revenue Growth Accelerates—Again—to 73%
The results shows Nvidia, the world’s most valuable company, is still in a league of its own.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy