Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: Crusoe is discussing raising $1B+ at a $10B valuation; the company, which is helping build OpenAI's first Stargate facility, had $250M revenue in 2024 (www.theinformation.com)
45 minutes ago

Sources: Character.AI has recently discussed a sale with potential buyers and also talked with investors about raising a few hundred million at a $1B+ valuation (www.theinformation.com)
23 hours ago AI

Source: Pylon, which uses AI to automate B2B customer service, raised $31M led by a16z and Bain Capital at a valuation in the hundreds of millions of dollars (www.theinformation.com)
1 day ago AI

NYC-based Protege, which prepares and sells real-world datasets like lab results and sports footage for AI training, raised a $25M Series A led by Footwork (www.theinformation.com)
4 days ago AI

Sources: Meta plans its fourth AI restructuring in six months, dividing Superintelligence Labs into TBD Lab, a product team, an infrastructure team, and FAIR (www.theinformation.com)
5 days ago AI

Source: cloud startup Vercel has been approached by investors offering to invest hundreds of millions at an $8B-$9B valuation; it was valued at $3B last year (www.theinformation.com)
6 days ago Startup

Sources: chip startup Rivos, which plans to release a GPU for inference as early as 2026, is seeking to raise between $400M and $500M at a $2B+ valuation (www.theinformation.com)
6 days ago Startup

Sources: Perplexity talked with The Browser Co. and Brave about buying them, offering ~$1B for Brave; OpenAI also discussed an acquisition with The Browser Co. (www.theinformation.com)
7 days ago Browser

Source: Meta has acquired WaveForms AI, which is working on AI that understands and mimics emotion in audio and debuted in December with a $40M seed led by a16z (www.theinformation.com)
13 days ago AI

Source: OpenAI awards bonuses to ~1,000 research and engineering employees, or ~30% of its staff, ranging from several hundred thousand to millions of dollars (www.theinformation.com)
14 days ago

A look at newsletter platform Beehiiv, which has a $30M ARR and fees starting at $43/month for 1,000 subscribers, unlike Substack, which takes a 10% revenue cut (www.theinformation.com)
14 days ago

Internal email: Cognition offers buyouts to its ~200 newly acquired Windsurf staff, with Cognition CEO Scott Wu writing “we don't believe in work-life balance” (www.theinformation.com)
14 days ago

Source: Reflection AI, founded by ex-Google researchers and which makes the AI agent Asimov, has raised most of the $1B+ it is seeking to build open-source LLMs (www.theinformation.com)
14 days ago Google AI

Sources: AI video startup Runway is in talks to raise ~$500M at a $5B+ pre-money valuation; rival Luma AI aims to raise $1.1B+ at a $3.2B+ pre-money valuation (www.theinformation.com)
14 days ago Startup AI

Source: GPT-5 improvements won't be comparable to the leaps in performance of earlier models, such as between GPT-3 in 2020 and GPT-4 in 2023 (www.theinformation.com)
19 days ago

Source: Anthropic is nearing $5B in annualized revenue, up from $4B reported on July 1, as it nears a deal to raise $5B led by Iconiq at a $170B valuation (www.theinformation.com)
20 days ago

Source: OpenAI's monthly revenue grew ~2x in the first seven months of 2025, hitting $12B in annualized revenue; the company's 2025 revenue projection is $12.7B (www.theinformation.com)
21 days ago

Sources: Cohere has told investors it expects to generate $200M+ in annualized revenue by the end of 2025, up from $70M in annualized revenue as of February (www.theinformation.com)
22 days ago

Docs: Groq revised its 2025 revenue projections to $500M+ within the past month, citing delays in data center capacity, after projecting $2B+ earlier this year (www.theinformation.com)
22 days ago

Daniel Ek says Spotify's ad business has “been moving too slowly”; Spotify ad chief Lee Brown left on July 28 to join DoorDash as its chief revenue officer (www.theinformation.com)
22 days ago Spotify

Runway and Luma AI say they are talking to robotics and self-driving car companies about their video models and expect these revenue sources to eclipse studios (www.theinformation.com)
22 days ago AI Robot Autonomous Car

Sources: Ramp is in talks to raise $350M led by Iconiq at a ~$21B valuation, after raising $200M at a $16B valuation in June (www.theinformation.com)
26 days ago

Sources: GPT-5 shows improved performance in coding, particularly in practical software engineering tasks, outperforming prior OpenAI models and Claude Sonnet 4 (www.theinformation.com)
27 days ago

Sources: the number of Optimus humanoid robots Tesla has made this year is in the hundreds, well behind the pace needed to meet Musk's goal of producing 5K+ (www.theinformation.com)
27 days ago Tesla Robot

Sources: Elad Gil is raising a fund of ~$1.5B that could grow to $2B based on investor interest, making it one of the largest fundraising hauls for a solo GP (www.theinformation.com)
27 days ago

Source: Founders Fund and Dragoneer have committed to investing $1B+ each in OpenAI's second, $30B installment of its $40B round announced in March (www.theinformation.com)
28 days ago

Sources: Apple's team working on AI models wanted to release several as open source, Craig Federighi disagreed, largely concerned about public perception issues (www.theinformation.com)
30 days ago AI Apple

Sources: after Trump let Nvidia resume H20 chip sales to China, Nvidia told Chinese customers it has limited stocks and doesn't plan to restart production (www.theinformation.com)
2025-7-20 Trump China Nvidia

Sources: Anthropic's financial performance has prompted some investors to indicate interest in funding the company at a valuation of $100B+ if it pursues a deal (www.theinformation.com)
2025-7-17

Sources: Anthropic has rehired Boris Cherny and Cat Wu, who developed Claude Code, just two weeks after they left for Cursor developer Anysphere (www.theinformation.com)
2025-7-17

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