Abu Dhabi AI Megafund MGX Holds First Board Meeting
MGX aims to create an "AI-focused investment powerhouse for Abu Dhabi."
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The Information AM
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Recent Editions
PwC to Sell OpenAI’s ChatGPT For Businesses
The deal shows how OpenAI is trying to forge beyond its base of primarily consumers and win more enterprise business.
China’s Lenovo Announces $2 Billion Bond Deal With Saudi Arabia
Lenovo, the world's largest personal computer maker, will establish regional headquarters in the Saudi capital of Riyadh.
HubSpot Stock Surges on Google Takeover Report
The latest report suggests that Google plans to buy the marketing software firm, which has struggled with slowing growth and competitive risks posed by artificial intelligence.
Melinda French Gates Pledges $1 Billion for Women’s Rights Groups
The billionaire hopes to counter efforts by ‘the enemies of progress.’
TikTok Ban Lawsuit Set for Oral Arguments in September
TikTok and the Justice Department have asked for a ruling in the case by Dec. 6, which would give them time to pursue an appeal before the Supreme Court.
Meta and xAI Have Held Talks to Partner With Character.AI
The discussions, which were held separately, have not resulted in a partnership, according to the Financial Times.
Former OpenAI Safety Leader Joins Rival Anthropic
Former safety leader Jan Leike left OpenAI earlier this month after disagreements with its leadership about how to develop AI safely.
Politician-Turned-Activist Ramaswamy Pursues BuzzFeed
The conservative presidential candidate bought a stake in BuzzFeed earlier this month and wants the company to change strategy.
OpenAI Forms New Committee to Oversee Safety and Security
The company said that it was forming the committee after it recently began training its "next frontier model"
Alibaba’s Global Shopping Site Recruits Beckham as Brand Ambassador
The soccer star will be the face of AliExpress’s campaign tied to the 2024 UEFA European Football Championship
xAI Announces Funding from Andreessen, Saudi Prince Bin Talal
Elon Musk's xAI announced over the weekend that it raised $6 billion from several investors.
China Sets Up Third Fund Worth $47.5 Billion to Support Chip Industry
The newest fund comes as U.S. sanctions have curtailed China’s access to advanced chips and chip manufacturing.
Cloud Startup Grafana Labs Said to Raise Funding at a Flat $6 billion Valuation
Grafana adds to more than $1 billion in growth-stage rounds announced this week.
OpenAI Strikes NDA Policy
The disclosures followed the departure researchers on OpenAI's AI safety team.
TikTok Lays Off Operations and Marketing Employees, Announces New Org Structure
The layoffs are part of a global reorganization at the short-form video app.
Walmart and Capital One End Credit Card Partnership
The retailer had sued to end the partnership last year, alleging Capital One failed to uphold service agreements.
Google to Invest in Walmart-Backed Indian Amazon Rival Flipkart
Google will invest $350 million in Flipkart as part of a Walmart-led $1 billion round valuing the company at $37 billion, according to Reuters.
Meta Mulls Charging for Chatbots, Joining Google, Microsoft
Other companies are charging $20 a month for perks such as the ability to use chatbots within workplace apps like Microsoft Word.
Google AI Search Results Showed ‘Muslim’ Obama and Other Inaccuracies
The company recently said it would show conversational AI answers to all U.S. users.
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