Tesla Discloses $2 Billion xAI Investment as Profit, Revenue Continue to Fall
Total revenues fell 3% year-over-year to $24.9 billion, while net income fell 61% to $840 million.
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China Approves First Batch of Nvidia H200 AI Chip Imports
China approved 400,000 of the H200 AI chips for major tech firms as Nvidia CEO Jensen Huang visits China.
Anthropic Increases 2026 Revenue Forecast by 20% to $18 Billion
The company delays going cash flow positive till 2028, a year later than previously expected
Apple CEO Urges “Deescalation” Following Fatal ICE Shooting
The CEO’s call comes after criticism over his attendance at a White House film screening
SoftBank Said to Invest Up To $30 Billion in OpenAI
SoftBank has already sunk at least $30 billion in the ChatGPT maker.
Tether Officially Launches New U.S. Stablecoin
Tether is launching USAT to comply with U.S. stablecoin law.
TikTok Settles First Social Media Addiction Lawsuit
It is the first in a series of cases to go to trial, testing whether social media companies can be held liable for harming youth mental health through addictive product design.
Microsoft Unveils New In-House AI Chip
This week’s announcement comes after Microsoft revised its plans to roll out the chip globally following delays.
Meta to Test Premium Subscriptions for Features Including AI
The move could signal that Meta is looking to generate new revenue from its AI services, as a way of offsetting the enormous sums it is pouring into AI development.
Amazon Shutters All U.S. Fresh Stores Amid Grocery Revamp
Amazon is centering its grocery strategy around Whole Foods and its growing grocery delivery offering.
Waymo’s Price Premium To Lyft and Uber Is Closing, Report Finds
Average Waymo prices have fallen, while Uber and Lyft prices have risen, since last April, according to ride-hailing analytics firm Obi.
OpenAI CEO Says ‘ICE Is Going Too Far’ in Internal Memo
Other tech figures, including Google DeepMind chief scientist Jeff Dean, Meta's former chief AI scientist Yann LeCun and top venture capitalist Vinod Khosla, have denounced the shooting in recent days.
Pinterest To Cut Up To 15% of Staff As Part of AI Shift
The social media app has also been hurt by a shaky ad market.
China’s Moonshot AI Releases New Open-Source Model Kimi K2.5
Moonshot’s new model with an emphasis on “coding with vision” comes as DeepSeek is also moving closer to launching its new model.
Anthropic CEO Says ‘Horror’ of Minneapolis Killing Shows Need for Preserving Democratic Values
Amodei wrote that AI could empower authoritarian governments.
Khosla Partners Clash Over ICE Killing
The disagreement was a rare instance of partners at the same firm clashing in public.
EU Investigates Elon Musk’s X Over Grok Integration
xAI has started integrating Grok more deeply into the service, including by letting users generate images within the X app.
Nvidia Invests Another $2 Billion in CoreWeave in New Deal
CoreWeave commits to use "multiple generations" of Nvidia chips including the upcoming Rubin GPUs.
Nvidia CEO Tours China Amid Uncertainty Over Chip Sales
Jensen Huang is visiting Shanghai, Beijing and Shenzhen as China approves limited H200 chip purchases but broader sales remain unclear.
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