Agnelli Family Rejects Tether’s Juventus Offer
The Agnelli family said it had no intention of selling any of its stake in Juventus.
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Recent Editions
OpenAI Ends Six Month Initial Vesting Period for Employee Equity
Competition for AI talent is as intense as ever, with the top tier of AI researchers able to jump around between big companies and startups.
ServiceNow Reportedly Close to $7 Billion Purchase of Armis
Armis works with big companies such as United Airlines and Colgate Palmolive.
SpaceX Tells Staff of IPO Plans
The CFO's memo is the latest indication of SpaceX's IPO plans.
Cryptocurrency Company Tether Bids For Italian Soccer Club Juventus
The large stablecoin issuer made the unsolicited offer to buy Exor’s roughly 65% stake in the club.
Shares of Rick Perry-Founded AI Data Center Firm Plunge After Tenant Walks Away
The firm’s shares fell more than 40% on the disclosure.
Elon Musk’s X Revenue Reportedly Jumped 17% in Third Quarter
The vast majority of revenue at X still comes from advertising, though Musk is trying to diversify the business by selling premium subscriptions and getting into payments.
Oracle’s Data Centers For OpenAI Are Reportedly Delayed
Oracle shares fell 5% Friday morning.
Livestream Shopping App Whatnot Nears $1 Billion in 2025 Revenue
The six-year-old startup raised over $500 million in new funding this year, boosting its valuation to $11.5 billion.
Trump Issues Executive Order to Block State AI Regulation
The move has proved to be politically divisive.
China Considers Record $70 Billion Chip Incentive Program
The proposed program could significantly exceed what the U.S. offered to its semiconductor sector through the Chips and Science Act.
Exclusive: Wealthfront IPO Could Triple Tiger Investment
Wealthfront is the latest fintech to list this year.
SEC Authorizes DTCC to Record Stocks on Blockchain
The U.S. clearinghouse plans to tokenize stocks in the second half of 2026.
Court Allows Apple to Collect Commissions on External Payments Systems in U.S.
The Epic v. Apple legal dispute drags on
Former Top Bank Regulator Michael Hsu Joins Venture Firm
Hsu, former Acting Comptroller of the Currency, is joining Core Innovation Capital.
Pinterest Acquires Advertising Technology Firm
The acquisition will help marketers better connect their ad campaigns on Pinterest with those running on streaming TV
Broadcom Reports Big AI Chip Revenue Increase
Broadcom forecast that its AI chip revenue would double in its fiscal first quarter, but its overall growth rate would stay the same as the fourth quarter.
OpenAI Releases New Flagship AI Model
The release comes after OpenAI leaders declared a “code red” within the company, telling employees that they had to refocus resources on improving ChatGPT.
AI Software Startup Harness Valued at $5.5 Billion After New Funding
Building AI apps is a complex process thanks to the proliferation of AI coding tools, and startups like Harness aim to make it easier for developers.
Nvidia To Host Summit On Data Center Power Shortage
Companies developing AI data centers powered by Nvidia’s chips are facing power supply problems.
Weekday mornings
The Information AM by The Information Staff
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