States led by California Nearing Suit to Block Paramount-Warner Deal
The effort comes as states step up their antitrust enforcement as the Trump Administration declines to block deals.
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Recent Editions
Vinod Khosla and Family Agree to Buy Seattle Seahawks for $9.6 Billion
The price would be a record for an NFL team.
Exclusive: Elon Musk Asks Tesla Staff to Move to Using Grok
Tesla staff have been testing beta versions of Grok in recent months.
Cursor Working on Competitor to Claude Cowork
Cursor began working on the product after it started leasing compute from SpaceX’s AI unit in April, The Information reported.
SK Hynix Raises $26.5 Billion in Record Nasdaq Debut
The amount raised eclipsed Alibaba’s $25 billion New York IPO in 2014.
MiniMax CEO Vows to Forgo Salary Until Achieving AGI
The move comes as the Chinese AI developer’s share price has plunged in recent months amid intensifying competition from domestic rivals.
OpenAI Leader Fidji Simo Stepping Down Amid Illness
Longtime tech executive says she will transition to being part-time adviser to the AI giant.
Mercor Buys Andreessen Horowitz-Backed Startup Deeptune
Mercor said Thursday it had bought Deeptune, which designs reinforcement learning environments.
Coinbase Chief Legal Officer Paul Grewal to Step Down
Grewal fought SEC’s lawsuit against Coinbase and led negotiations over crypto laws.
OpenAI Unveils Claude Cowork Competitor, Desktop ‘Superapp’
After realizing that its Codex AI coding tool is better than ChatGPT at completing long-running, multistep tasks, OpenAI is giving the product a bigger role.
Anthropic’s Trust Names Former Fed Chair Bernanke as New Member
Bernanke's naming fills a key opening on the trust, which still has one of five seats vacant.
Meta Courts Developers With New Muse Spark 1.1 Model
Company launches new Meta Model API for developers after pivoting away from open source AI.
Anthropic Responds to China’s ‘Backdoor’ Warning
While Beijing warned about a security backdoor in Claude Code, Anthropic noted that its usage policy doesn’t permit access to Claude in China.
Exclusive: Grubhub Owner Offers Investors Sweeteners in $9 Billion-Valuation Raise
Founder and CEO Marc Lore has indicated he’ll write a $200 million check into the round, according to a person briefed on the fundraise.
SpaceXAI and Cursor Launch Grok 4.5, Tout Lower Costs Than Rivals
Grok 4.5 is the first joint AI model that SpaceXAI and Cursor have developed through their partnership.
Blue Origin to Raise $10 Billion at $130 Billion Valuation
The round, the first outside funding in its history, will be led by Coatue.
Exclusive: China’s MiniMax Plans to Launch 2.7-Trillion Parameter Model
The new model could help accelerate the expansion of Chinese open-source AI models around the world.
OpenAI To Publicly Launch GPT-5.6 Family of Models on Thursday
The announcement comes after the Trump Administration initially asked OpenAI to release the new models in a limited fashion over cybersecurity concerns.
Nvidia and D-Matrix Announce Joint AI Chip System
Nvidia is embracing the idea that multiple types of chips can power the same AI tasks.
Weekday mornings
The Information AM by The Information Staff
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