Articles from www.theinformation.com

Articles from www.theinformation.com

xLight, a startup developing advanced lasers for EUV machines, told investors that it is in talks to raise $350M led by Boardman Bay and Bain Capital (www.theinformation.com)
16 days ago Startup

ByteDance unveils Seedance 2.5 in Beijing, saying the AI video model can generate 30-second clips from up to 50 reference materials, up from 12 for Seedance 2.0 (www.theinformation.com)
16 days ago AI

A profile of Sarah Polcz, the UC Davis law professor that Bernie Sanders' team consulted while developing his AI sovereign wealth fund proposal (www.theinformation.com)
18 days ago AI

Source: Morgan Stanley is pitching data center developers to use leveraged loans rather than bonds, and estimates ~$15B will be issued this year in such loans (www.theinformation.com)
18 days ago Morgan Stanley

Docs: OpenAI burned through $3.7B in Q1, on revenue of $5.7B, and ended the quarter with $73B+ in cash and marketable securities vs. $40B at the end of December (www.theinformation.com)
20 days ago

Sources: Kalshi is generating $2B+ in annualized revenue, up about three times from November, and has held informal talks with banks about an eventual IPO (www.theinformation.com)
21 days ago IPO

Sources: the early Chinese backers of Manus, including HSG and Tencent, plan to buy the AI startup back from Meta at the $2B price Meta paid (www.theinformation.com)
21 days ago China Startup AI Tencent

Noam Shazeer leaves Google to join OpenAI as lead for architecture research; he rejoined Google in 2024 as part of the Character.AI deal and was Gemini co-lead (www.theinformation.com)
22 days ago Google AI

OpenAI's CSO Jason Kwon messaged staff that the company “strongly” told the US government that building AI “requires the best talent from around the world” (www.theinformation.com)
22 days ago AI

Sources: a new AI lab founded by Junyang Lin, former lead of Alibaba's Qwen models, has raised several hundred million dollars at a ~$2B post-money valuation (www.theinformation.com)
23 days ago Alibaba AI

Sources: DeepSeek closed a $7.4B round at a $50B valuation under an unusual structure requiring investors to put capital into an LP run by CEO Liang Wenfeng (www.theinformation.com)
24 days ago

Anthropic says its senior leaders met Trump admin officials on June 15, but no resolution was reached and both sides are working to resolve things quickly (www.theinformation.com)
24 days ago Trump

Source: Qualcomm is in talks to buy AI chip designer Tenstorrent for $8B to $10B; Tenstorrent discussed raising $800M at a ~$3.2B valuation last year (www.theinformation.com)
24 days ago AI

Source: the White House is unlikely to extend export restrictions on Anthropic's Mythos 5 to other AI companies, citing Anthropic's refusal to fix jailbreaks (www.theinformation.com)
26 days ago AI

Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in motion new export restrictions (www.theinformation.com)
26 days ago Trump Amazon

Staff memo: Meta plans to limit employee token usage and encourage employees to use MetaCode, after internal AI spending forecasts reached billions for 2026 (www.theinformation.com)
27 days ago AI

Sources: Microsoft considered spinning out or restructuring its Xbox unit as a wholly-owned subsidiary, or creating a joint venture with other partners (www.theinformation.com)
27 days ago Microsoft Xbox

Sources: six months after acquiring Rivos, Meta is struggling to integrate the chip startup and halted development of a chip for training its largest AI models (www.theinformation.com)
27 days ago Startup AI

How Anthropic is blindsiding business partners by launching potentially competitive products with little warning, changing pricing, and more (www.theinformation.com)
28 days ago

Sources: Anthropic signed 12+ initial agreements for direct data center leases, a first for the company, with Google potentially providing a financial guarantee (www.theinformation.com)
28 days ago Google

Sources: Google is in talks with Samsung to manufacture a memory input-output die for its 10th-gen Icefish TPU, while making the computing engine at TSMC (www.theinformation.com)
28 days ago Google Samsung

Sources: Sam Altman told staff that OpenAI is expected to go public “within the next year” and OpenAI plans a tender offer “very soon” at a $687.69 share price (www.theinformation.com)
29 days ago

Sources: OpenAI is in advanced talks to lease a proposed 10GW data center campus in Ohio as part of a deal that could include financial backing from Nvidia (www.theinformation.com)
30 days ago Nvidia

Sources: Google recently placed an order with Intel to manufacture 3M+ TPUs in 2028; Nvidia is testing Intel's tech for a new processor and running 18A trials (www.theinformation.com)
2026-6-8 Google Intel Nvidia

Source: White House AI advisor Sriram Krishnan plans to leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution (www.theinformation.com)
2026-6-7 Trump AI

Sources say xAI used Claude models for distillation and training, including using personal accounts and the intermediary service Blackbox AI after being cut off (www.theinformation.com)
2026-6-6 AI

In an internal message, Satya Nadella rebuked an internal memo that said Microsoft needs to “make people addicted” to its new AI agent product called Scout (www.theinformation.com)
2026-6-6 Microsoft AI

Sources: data center developer Switch is in talks to raise billions of dollars from PE firms including Brookfield and KKR at a $50B+ valuation (www.theinformation.com)
2026-6-5

Nvidia acquired Kumo, which sells predictive AI software to enterprises, a source says for $400M+; PitchBook: Kumo raised $37M at a $250M valuation in 2022 (www.theinformation.com)
2026-6-4 AI Nvidia

Internal documents: Meta is considering tiered pricing for “Hatch”, its planned OpenClaw-like AI agent tool, including a $200-per-month premium subscription (www.theinformation.com)
2026-6-4 AI

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