Crypto Custodian BitGo Eyes Up to $1.96 Billion Valuation in IPO
BitGo is set up to be the first crypto IPO in 2026.
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Meta Plans to Cut 10% of Reality Labs Employees, Report Says
The cuts signal that Meta CEO Mark Zuckerberg is curtailing Reality Labs' spending after years of steadily mounting losses.
Paramount Plans Proxy Battle for WBD Board Seats
The Ellison family's Paramount isn't giving up its battle for control of Warner Bros. Discovery.
Anthropic Announces Virtual Coworker Tool
Cowork is yet another example of Anthropic’s push into enterprises, the main customer for its Claude models.
Meta Forms New Initiative to Plan for Compute Needs
Meta Compute will be co-led by the Meta executives Santosh Janardhan and Daniel Gross
Meta Appoints Dina Powell McCormick as President and Vice Chair
The appointment installs an executive with long experience in both government and global finance to help the social media company as it spends heavily on AI development.
Anthropic Unveils New Healthcare Features for Claude
The move comes just days after OpenAI announced personal health features for ChatGPT.
Google Unveils AI Shopping Tools for Gemini
Google's new AI shopping tools follows earlier efforts by OpenAI to make ChatGPT a place for people to buy things.
Indonesia Blocks Grok Over Sexual Imagery
Earlier this week some Democratic senators called on Apple and Google to take Grok out of their app stores over the same issue.
Andreessen Horowitz’s Crypto Funds Keep Outperforming Its Other Funds
The performance preceded a fall sell-off in crypto prices.
OpenAI, SoftBank Invest $1 Billion in Data Center Developer
SB Energy is working on a Stargate site in Milam County, Texas, leased to OpenAI that could consume 1.2 gigawatts of energy.
Nvidia Taps Google Veteran as Its First Chief Marketing Officer
The hiring comes as Nvidia faces more competition from its own customers, many of whom are hyperscalers building their own AI chips to offer as an alternative.
Apple Keeps Board Leadership Intact As Succession Chatter Grows
Apple renominates Art Levinson for board chair
Amazon Plans Big-Box Retail Store
The e-commerce giant has recently been trying out more kinds of bricks-and-mortar outposts.
Andreessen Horowitz Raises $15 Billion
It represents Andreessen Horowitz's biggest fundraising ever.
Musk’s xAI Burned Through $7.8 Billion in Cash in First Nine Months of 2025
Like other AI developers, xAI is burning cash as it races to dominate the AI model market.
Meta Agrees to Nuclear Deals to Power Its Data Centers
Meta will purchase electricity from nuclear power plants operated by Vistra Corp, Oklo and TerraPower
Microsoft Adds Checkout Features to Copilot
The feature will use standards developed by OpenAI and Stripe to establish rules for AI purchases.
Snowflake Agrees to Acquire App Monitoring Startup Observe Inc.
The deal allows Snowflake to better compete with Datadog and Cisco’s Splunk
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.
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