XAI Raises $20 Billion From Valor, Nvidia
Musk's AI lab said it had originally set out to raise $15 billion.
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AI Lab Hark Hires Leadership from Apple, Meta
The startup aims to develop its own AI devices.
Amazon’s “Buy For Me” Feature Sparks Backlash From Small Retailers
Some retailers objected to their products being sold on Amazon through the feature without their permission first.
Nvidia Unveils Rubin and Announces New Open Source Autonomous Driving Model
Nvidia is making its new self-driving models open source, which could ultimately drive sales of more Nvidia chips.
Venezuela-focused Stablecoin Startup To Make Hacked Customers Whole
Last week The Information reported that JPMorgan in November froze the accounts of Kontigo .
Polymarket Launches Bets on Housing Prices
The prediction market is diversifying the types of bets it offers.
Goldman Sachs Hires ex-Qatalyst Banker Brian Cayne to Co-lead Software
The bank is gearing up for what it anticipates to be an “extremely active” year in software dealmaking.
Polymarket Trader Made 1,242% Return on Venezuela Bet
Bets related to U.S. actions on Venezuela are trending on Polymarket.
xAI Adds Grok Business Options as it Tries to Win Enterprise Customers
The announcement is part of xAI’s effort to build an enterprise business to compete with the likes of Anthropic and OpenAI.
xAI’s Grok Posts Sexualized Images of Minors on X
X staff previously raised concerns that people could use Grok to generate sexualized images of real people, The Information has reported.
Tesla Deliveries Fell 16% in Fourth Quarter, Worsening 2025 Decline
It was a worse-than-expected finish to the company’s second full year of falling sales.
Baidu’s AI Chip Unit Files for Hong Kong Listing
Baidu's move to spin off and list its chip business comes amid a wave of successful IPOs by Chinese AI chip companies.
Chinese AI Chip Firm Biren Soars on Hong Kong Stock Market Debut
Chinese AI chip developers like Biren are expected to play key roles in Beijing’s effort to reduce the country’s dependence on Nvidia.
OpenAI Asks Court to Toss xAI Trade Theft Suit Again
OpenAI said xAI still has no evidence it “actually acquired or disclosed xAI’s trade secrets."
Trump Media Firm To Launch To Crypto Coin
The crypto token may offer benefits to holders such as discounts tied to Trump Media products.
Chinese AI Startup MiniMax Seeks $538 Million in Hong Kong IPO
The Hong Kong listing will test public market appetite for unprofitable AI startups that are still looking for sustainable revenue.
Tesla Shares Analyst Projections for Vehicle Deliveries in Unusual Step
The consensus implies analysts expect a 15% year over year drop in the number of vehicles Tesla will deliver in the fourth quarter of 2025.
Citi Flags Loss on Russian Divestment
The U.S. bank is selling its business to Renaissance Capital, one of Russia’s oldest investment banks.
Meta’s Acquisition Values Manus at More Than $2 Billion
The deal offers the startup’s venture capital investors handsome returns less than a year after the Manus AI agent was launched.
Meta Acquires Manus AI Agent
The Singapore-based company was one of the pioneers among startups that launched general-purpose AI agents earlier this year.
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