Microsoft Reports Slowing Revenue Growth But Says AI Sales Are Climbing Fast
Microsoft said its AI products are on track to exceed $13 billion in annualized sales in the current quarter, up from less than $10 billion three months ago.
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OpenAI Believes DeepSeek Was Developed Using OpenAI Models
OpenAI believes the process was done through model distillation, a common approach to develop capable models for cheap.
Joe Lonsdale’s 8VC Targets Nearly $1 Billion for New Fund
8VC filed paperwork indicating plans to raise $998 million for its next venture capital fund.
Meta Considers Testing Chinese AI Models In Its Generative AI Tools for Advertisers
Company leaders including Clara Shih, vice president of business AI, have said Meta is considering testing the Chinese AI models because of their high performance.
Apple Works With SpaceX to Support Starlink on iPhones
The service would allow iPhone users to stay connected even in remote areas outside the range of a cell tower.
DTC Startup Quince Announces $120 Million in New Funding
The company, which sells lower-priced versions of high-end products, has expanded to new categories like furniture.
Skild AI Raising from SoftBank at $4 Billion Valuation
The round follows a bumper Series A funding round in July that valued the young robotics company at $1.5 billion.
OpenAI Revenue Surged From $200-a-Month ChatGPT Subscriptions
OpenAI's premium ChatGPT subscriptions are generating at least $25 million in revenue per month, or at least $300 million on an annual basis.
Meta Overhauls Reality Labs Business Unit Ahead of Earnings Report
Meta is transferring oversight of Reality Labs’ business operations to company COO Javier Olivan.
Trump Says Microsoft in Talks to Acquire TikTok
Trump previously said his administration would reach a decision on TikTok in the coming month.
UK Watchdog: Microsoft Uses Software Licensing to ‘Make it Harder’ for Google, AWS to Compete in Cloud
Microsoft and Amazon each control about 40% of the UK cloud market, the report found.
OpenAI Announces ChatGPT For Government Agencies
The announcement is the latest example of how AI developers have made their models more accessible to government agencies and workers in recent months.
FTC Questions Temu About Amazon Pricing Policy
The FTC sent a letter with questions to Temu and spoke with representatives of the PDD Holdings-owned site on the phone.
Trump Vows to Impose Tariffs on Foreign-Made Chips
The president said the tariffs would help move chip production to the U.S. from Taiwan.
Whole Foods Workers in Philadelphia Vote to Unionize
It's the latest development in a flurry of labor organizing at Amazon.
Startup Perplexity Offers Uncensored DeepSeek AI Search
Perplexity co-founder and CEO Aravind Srinivas says his startup has brought DeepSeek's AI model to its search engine—without Chinese government censorship.
Amazon Elevates Whole Foods CEO to Run Entire Grocery Business
Buechel is taking on more responsibilities after the departure of his former boss Tony Hoggett.
Nvidia, Broadcom Tumble as Chinese DeepSeek AI Explodes in Popularity
Nvidia shares were down 17% Monday following the DeepSeek release.
China’s HongShan Acquires Guitar Amplifier Maker Marshall
The $1.15 billion European deal comes as the Chinese investor seeks more opportunities abroad amid a slowdown in domestic deals.
Trump Says He Will Likely Make Decision on TikTok in 30 Days
The president, who plans to make a deal to allow TikTok to continue operating in the U.S., says many people are talking to him about buying the app.
Weekday mornings
The Information AM by The Information Staff
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