Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: Microsoft security chief Hayete Gallot, who took over in February, has prioritized AI tools, cut several hundred roles, replaced senior execs, and more (www.theinformation.com)
3 hours ago Microsoft AI

Sources: ASML has discussed raising prices for its EUV systems with TSMC and plans to charge 10% more for its DUV systems; TSMC is resisting ASML's plans (www.theinformation.com)
9 hours ago

Sources: Apple is looking for chip companies to buy to boost its AI server chip efforts as it struggles with the performance of its servers running on M2 Ultra (www.theinformation.com)
10 hours ago AI Apple

Sources: DeepSeek's annualized revenue recently reached $400M to $500M as it seeks to raise ~$7.4B at a ~$74B valuation, up from ~$50B after raising ~$7B in May (www.theinformation.com)
19 hours ago

Samsung says it now aims to begin operations at its first chipmaking plant in South Korea's Yongin by 2029, bringing the timeline forward from 2030 or 2031 (www.theinformation.com)
2 days ago Korea Samsung

Sources: Cursor is building a general-purpose AI agent codenamed Sand, aimed at non-developers, that handles emails, texts, and documents to rival Claude Cowork (www.theinformation.com)
3 days ago AI

In its lawsuit, Apple chronicles in vivid detail how its former employees that went to work for OpenAI allegedly violated their confidentiality agreements (www.theinformation.com)
5 days ago Apple

Memo: MiniMax CEO Junjie Yan tells employees he will forgo his salary until MiniMax achieves AGI and promises to allocate personal shares to employee incentives (www.theinformation.com)
5 days ago

PrismML says it ran a 27B-parameter Qwen 3.6 model on an iPhone 17 Pro, bigger than any prior on-device model; sources: Apple held talks with PrismML about it (www.theinformation.com)
6 days ago iPhone Apple

Internal US DOJ memo: attorneys working on digital currency cases should expect less cooperation from Binance, which is adding requirements for asset freezes (www.theinformation.com)
6 days ago Asset

Filings: Grubhub parent Wonder is raising hundreds of millions at a $9B valuation; source: founder Marc Lore indicated he'll contribute $200M to the round (www.theinformation.com)
6 days ago

Sources: China plans to let some of the country's major AI companies buy a small number of Nvidia's H200 chips to alleviate a domestic computing shortage (www.theinformation.com)
7 days ago China AI Nvidia

Sources: Chinese AI developer MiniMax is working on a 2.7T-parameter model, dubbed M3 Pro and set for release as early as Q3, and plans to open-source it (www.theinformation.com)
7 days ago China AI

Nvidia and AI chip startup d-Matrix are combining their hardware in a new system to power AI models, the latest example of Nvidia partnering with rivals (www.theinformation.com)
7 days ago Startup AI Nvidia

Memo: SpaceXAI and Cursor plan to launch their first jointly developed AI model as soon as Wednesday, after pushing back the launch to improve model efficiency (www.theinformation.com)
8 days ago AI

Source: Thrive Capital spinoff Thrive Holdings seeks to raise around $2B from SoftBank, Altimeter, D1, and others, after previously raising $1B (www.theinformation.com)
9 days ago

Source: Mercor hit over $2B in gross revenue run rate in June, double its pace in April, and is profitable on a free cash flow basis (www.theinformation.com)
9 days ago

Tesla rolls out its Robotaxi service without a safety monitor in Miami, its fifth city, as it aims to expand to a dozen US states by the end of 2026 (www.theinformation.com)
10 days ago Tesla

Sources: Alibaba has banned employees from using Claude Code and asked them to remove all Claude models from their work computers, citing security concerns (www.theinformation.com)
12 days ago Alibaba

Sources: Anthropic's bankers have hired UK law firm Freshfields to advise on its IPO; it also advised on Google's acquisition of Wiz and ServiceNow's Armis deal (www.theinformation.com)
13 days ago Google IPO

Internal memo: Tesla plans to impose a $200-per-week limit for staff's AI spending beginning July 6; the tally excludes beta versions of xAI products (www.theinformation.com)
13 days ago AI Tesla

Memo: Microsoft is merging the consumer and enterprise versions of its Copilot chatbots into a single app featuring AI agents dubbed AutoPilot and coding tools (www.theinformation.com)
13 days ago Microsoft AI chatbot

Sources: Anthropic has initiated early-stage development of a custom AI server chip and held preliminary discussions with Samsung about manufacturing the chip (www.theinformation.com)
13 days ago Samsung AI Manufacturing

Nvidia promises to financially backstop young cloud providers like Firmus that rent out its AI chips, in exchange for a revenue share through a new program (www.theinformation.com)
13 days ago AI Nvidia

Anthropic says it is rolling back a covert Claude Code tracking feature to identify users based in China or affiliated with Chinese AI labs, after backlash (www.theinformation.com)
14 days ago China AI

Source: OpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference (www.theinformation.com)
15 days ago

Sources: AI video startup Higgsfield is in talks to raise $300M to $500M at a $5B pre-money valuation, more than 4x its valuation in a January 2026 round (www.theinformation.com)
16 days ago Startup AI

Sources: Amazon is weighing using OpenAI's and its own Nova models to cut costs after Anthropic raised prices for using its models in Amazon products (www.theinformation.com)
16 days ago Amazon

Internal documents: Meta is placing strict limits on how engineers in its applied AI division can use Claude Code and Codex, fearing inadvertent distillation (www.theinformation.com)
16 days ago AI

Sources: Baidu's chip unit Kunlunxin Technology plans a Hong Kong IPO at a $50B target valuation, asking investors to buy chips worth 3-7x their IPO investment (www.theinformation.com)
17 days ago Hong Kong IPO

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