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.
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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
Nvidia Faces Hurdle to sell H200 in China, Requires Strict Payment Terms
The Chinese government tells companies to hold off any plans to purchase the H200 AI chips
Microsoft Data Center Construction Executive Departs
Weitzel led the engineering, procurement and construction group under Microsoft’s cloud operations chief Noelle Walsh.
Google Passes Apple to Become Second Most Valuable Company
Google shares have been on the upswing for the past five months, thanks to the conclusion of its antitrust challenges and gains in AI.
Character.AI, Google Agree to Settle Lawsuits over Teen Suicides
The families alleged that Character’s chatbots contributed to their children killing or harming themselves.
Trump-backed World Liberty Applies For Bank Charter
World Liberty Financial has applied to the federal government for a national trust bank charter.
JPMorgan To Acquire Apple’s Credit Card Program
JPMorgan has struck a deal to replace Goldman Sachs as the provider of Apple’s credit card program.
Intel Shares Jump After Exec Reveals New Gaming Chip, Software
Intel is once again focused on new products and technological advancements, as opposed to its turnaround efforts, and investors are taking notice.
KKR Invests $1.5 Billion in European Data Center Company
Global Technical Realty began in 2020 with a $1 billion investment from KKR.
Anthropic to Raise $10 Billion at a $350 Billion Valuation
The round doubles its last valuation.
Samsung Says Rising Memory Costs May Drive Up Consumer Product Prices
World’s largest memory maker says it may need to pass component cost burden to consumers as prices surge industrywide.
Nvidia CEO Says Chinese Demand for H200 Chips “Quite High”
Jensen Huang said demand levels will be the “most conclusive sign” of Beijing’s views on advanced AI processors
China Reviews Meta’s $2 Billion acquisition of Manus
Manus founders moved to Singapore last year to de-emphasize its Chinese roots.
Ilya Sutskever Had $4 Billion of Vested OpenAI Equity in 2023
The value of Sutskever’s financial stake has been a point of contention in Musk’s lawsuit.
Musk Pushed OpenAI to Link With Microsoft, Called Amazon’s Bezos a ‘Tool’
Google Co-Founder Sergey Brin Sought to Hire Greg Brockman, Nadella said.
MSCI Decides to Keep Crypto-Holding Stocks in Indexes
Shares of Strategy, a bitcoin-holding stock, jumped after the index provider’s decision.
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