Meta Unveils New Audio AI Model
The new Muse Voice Transcribe model can transcribe speech in more than 70 languages and handle hourlong sessions with over 20 speakers.
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Elon Musk Calls on Countries to Build Data Centers at North Carolina G20 Meeting
Musk appeared virtually along with former White House AI czar David Sacks.
SoftBank’s SB Energy Files to Go Public
SB Energy's IPO filing laid out its ambitions to become a neocloud although the filing acknowledged the company doesn't have any data center operations underway.
Shein Ends Flat in Debut After Raising $1.7 Billion in Hong Kong IPO
The online fashion giant previously tried to downplay its China roots in pursuit of a listing in New York and London.
Chinese AI Model Firm Z.ai’s API Sales Surge in First Half
The Beijing-based company is leading an intensifying price war among Chinese open-source models.
Anthropic Said to Reach $35 Billion Compute Deal With Nvidia-Backed Lambda
Nvidia is supplying chips to the data center and holding the lease on it.
Saudi AI Firm Humain Partners With Together AI, MinIO on Data Centers
The state-owned company is buying and selling compute as Riyadh looks for revenue beyond oil
Trump Condemns Communities Opposed to Data Centers
Communities that don’t want data centers will end up being “backwards and poor,” President Donald Trump said.
Andreessen Horowitz Raises Additional $1.75 Billion for Fifth Growth Fund
The firm said it raised more cash for the fund, which had raised $6.75 billion as of January, because “there has never been an investing environment like what we’re living through right now."
FTC Sues Amazon, Alleging Ad Price Manipulation
Amazon said in response that the FTC’s claim “fundamentally misunderstands how advertisers operate,” noting that “advertisers adjust bids based on real-world performance.”
With Tim Cook’s Last Day, Changes Are Happening at Apple
Long-time executive Phil Schiller steps back from current roles
OpenAI’s Advertising Business Hits $1 Billion Annualized Revenue Run Rate
OpenAI had projected it would generate $2.4 billion in ad revenue in 2016 and $102 billion by 2030.
Nvidia Invests in MediaTek
As part of the deal, Nvidia and MediaTek will collaborate on future generations of Nvidia's Spark chips powering consumer PCs.
China’s CXMT Sues the U.S. for Inclusion on Military-linked Blacklist
CXMT says it chips are solely produced for commercial use.
OpenAI Starts Letting Some Customers Pay Only When the AI Works
It's an industrywide movement toward outcome-based pricing, which could get messy.
Musk Responds to The Information’s Report About SpaceX Setting Up a Turbine Blade Factory
He said a major power shortfall for U.S. data centers would occur next year.
OpenAI Pulls Its AI Models From SpaceX-Owned Cursor
Cursor says OpenAI models are a tiny part of its business.
Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund
The money will be used to back companies building chips, memory, networking, storage and other companies involved in the AI buildout.
Kalshi Court Setback Raises Prospect of Supreme Court Fight
The ruling increases the likelihood the company will turn to the Supreme Court to intervene in a fight between state lawmakers and the U.S. government.
PayPal Falls 12% After Stripe and Advent End Pursuit
Stripe and Advent are no longer pursuing a joint offer for PayPal, Bloomberg reported.
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