Articles from www.theinformation.com

Articles from www.theinformation.com

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)
19 hours 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)
22 hours 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)
1 day 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)
1 day 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)
1 day 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)
2 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)
2 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)
3 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)
3 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)
4 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)
6 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)
7 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)
7 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)
7 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)
7 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)
8 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)
8 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)
9 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)
10 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)
10 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)
10 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)
11 days ago Hong Kong IPO

Sources: Salesforce staff worry Anthropic's Claude Tag could cannibalize Slackbot and give the AI firm more leverage over the enterprise software industry (www.theinformation.com)
12 days ago AI Salesforce

AWS hikes prices for Nvidia GPUs in its EC2 Capacity Blocks service, which let businesses rent AI compute in advance, by 20%; Trainium chip pricing is unchanged (www.theinformation.com)
13 days ago AI Nvidia

Sources: DeepSeek's $7.4B raise was prompted by the release of Mythos as CEO Liang Wenfeng realized DeepSeek couldn't compete without a massive war chest (www.theinformation.com)
13 days ago

Source: Google is asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models (www.theinformation.com)
14 days ago Google AI

Sources: Sam Altman told staff the US government asked OpenAI to stagger the release of GPT 5.6 over security concerns, approving “access customer by customer” (www.theinformation.com)
14 days ago

Sources: Google expands the scope of its months-old AI coding strike team to “midtraining” to better compete with Anthropic, after key executive departures (www.theinformation.com)
14 days ago Google AI

SambaNova Executive Chairman Lip-Bu Tan says the AI chip startup is set to raise $800M to $1B, sources say at a ~$10B valuation, up from $2B in February (www.theinformation.com)
15 days ago Startup AI

RunPod, which rents access to non-Nvidia servers, raised $100M led by Summit Partners at a $1B valuation, a source says up from $100M after its seed in 2024 (www.theinformation.com)
15 days ago Nvidia

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