Articles from www.theinformation.com

Articles from www.theinformation.com

Arcee, which develops open-weight models in the US, partners with the Department of Energy to build Genesis-Science-1, an open model for scientific research (www.theinformation.com)
2026-7-23 Energy

Filing: Monday.com plans to cut 20% of its workforce, or ~600 employees, in H2 2026 to “support a leaner, more focused operational model”; MNDY falls 2% (www.theinformation.com)
2026-7-23

Documents: Meta's internal AI incubator is developing an AI model router, similar to OpenRouter's, to cut costs by sending some AI tasks to lower-cost models (www.theinformation.com)
2026-7-22 AI

Docs: AI data startup Mercor had $614M in gross revenue in H1 2026, up 70% from all of 2025, with ~91% from foundation model makers like OpenAI and Anthropic (www.theinformation.com)
2026-7-22 Startup AI

Sources: Google is developing a specialized server chip, informally dubbed “Frozen v2”, that integrates Gemini AI model blueprints in the silicon, set for 2028 (www.theinformation.com)
2026-7-20 Google AI

Sources: Chinese startup Moonshot AI is seeking formal approval from investors to start a Hong Kong IPO process, which could happen in as soon as six months (www.theinformation.com)
2026-7-20 China Hong Kong IPO Startup AI

Permit hurdles push up costs for AI data centers; Oracle pivoted from gas turbines to costlier fuel cells for its Project Jupiter in NM, costing billions more (www.theinformation.com)
2026-7-19 AI Oracle

How the Trump administration shifted from a “light-touch” approach to AI policy to an interventionist stance that led to restrictions on top AI models in the US (www.theinformation.com)
2026-7-19 Trump AI

Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (www.theinformation.com)
2026-7-18

Sources: OpenRouter has discussed a potential sale to a bigger tech company that could value it at billions of dollars, a premium to its $1.3B valuation in May (www.theinformation.com)
2026-7-18

Source: Microsoft plans to release an AI security tool this month using models from Anthropic, OpenAI, and itself, as a cost-effective Mythos alternative (www.theinformation.com)
2026-7-17 Microsoft AI

Source: UK robotics startup Humanoid raised $150M in the first tranche of a Series A at a $1.2B pre-money valuation and seeks another $80M-$100M by September (www.theinformation.com)
2026-7-17 Startup Robot

Runta, which provides isolated sandboxes and guardrails for AI agents to prevent operational risks, raised a $20M seed led by a16z at a $100M+ valuation (www.theinformation.com)
2026-7-17 AI

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)
2026-7-16 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)
2026-7-16

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)
2026-7-16 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)
2026-7-15

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)
2026-7-13 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)
2026-7-13 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)
2026-7-11 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)
2026-7-10

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)
2026-7-9 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)
2026-7-9 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)
2026-7-9

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)
2026-7-9 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)
2026-7-8 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)
2026-7-8 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)
2026-7-8 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)
2026-7-7

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)
2026-7-7

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