GameStop Makes Bid to Buy eBay for $56 Billion
CEO Cohen says he's lined up $20 billion in debt financing.
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Anthropic Near to Finalizing $1.5 Billion Private Equity Joint Venture: Report
The venture will use technical consultants to help integrate AI.
GameStop Eyes EBay Acquisition
The $7 billion seller of video games could submit its bid for the much larger e-commerce firm as soon as this month.
Founders Fund Raises $6 Billion to Invest in Later-Stage Startups
The fundraise comes less than a year after the firm raised its third growth fund, of $4.6 billion.
S&P 500 Weigh Faster Entry For Mega-IPOs
The rule change could provide a big boost to demand for shares in the eventual IPOs of SpaceX, Anthropic and OpenAI.
Meta Acquires Robotics AI Startup
The company acquired Assured Robotics Intelligence to accelerate its push into humanoid robots.
Pentagon Signs Classified AI Deals with Seven Companies Following Anthropic Spat
The firms all agreed to let the Pentagon use their AI software for any “lawful operational use,” which Anthropic previously refused.
Atlassian Shares Jump Nearly 25% as AI Search Boosts Product Sales
Atlassian has been hard-hit by investors' fears over AI threatening traditional software providers, but that may be changing.
Exclusive: Zuckerberg Tells Meta Employees: We’re Tracking You Because You’re Really Smart
Meta Platforms' CEO tells staff that using their computer activity to train AI models could give it an edge over rivals
Apple’s iPhone Rebound Continues Following New CEO Announcement
The company expects 14% and 17% sales growth in current quarter
UK Group Says OpenAI’s GPT-5.5 is Comparable to Anthropic Mythos in Cybersecurity Capabilities
The results highlight the advanced cybersecurity capabilities of both models.
Reddit Reports 69% Revenue Growth As User Growth Slows
Reddit's user growth has been slowing, however, particularly among "logged in" users in the U.S.—those who have signed up for accounts, as opposed to people who arrive at Reddit after a web search, who are "logged out."
Musk Says xAI Has Distilled OpenAI’s Models
Under cross-examination in the OpenAI trial, he called distillation standard AI industry practice
Meta’s Stock Drops as New Bond Offering Starts
Meta said on Wednesday it plans to spend as much as $145 billion on capital expenditures this year to expand its AI computing capacity.
NSA Uses Anthropic’s Mythos to Find Microsoft Tech Flaws
Microsoft said last week that it was also using Mythos to look for flaws in its own software and patch them faster.
Amazon’s Up to $20 Billion Anthropic Investment Will Be Convertible Financing
Anthropic can’t draw on the $20 billion facility until Amazon meets compute milestones
Google Defends Military Work After Employee Backlash to Pentagon Contract
Google’s response on Tuesday marks a stark contrast from how Google reacted in 2018 after employee protests about its Project Maven contract with the Pentagon.
Anthropic Receives Investment Interest at $900 Billion Valuation
At its most recently valuation, Anthropic has looked undervalued compared to OpenAI.
AWS Revenue Grows 28% in First Quarter
Amazon also reported free cash flow fell to $1.2 billion for the twelve months ending at the end of March
Microsoft Cloud Revenue Accelerates and Office 365 Copilot Sales Rise 33%
Total AI revenue—including sales of Azure servers to OpenAI and other firms, and sales of its own Copilot AI software—exceeded $9.25 billion in the quarter.
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