Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: Anthropic has been preparing to give its co-founders shares with extra voting power to help insulate them from outside pressure, ahead of a planned IPO (www.theinformation.com)
2 minutes ago IPO

Alibaba says its new open-source multimodal model, Qwen3.8-27B, passed 1M+ downloads within a few days of release, making it one of its fastest-growing models (www.theinformation.com)
9 hours ago Alibaba

Sources: Nvidia in talks to invest up to $3B in SoftBank-backed data center developer SB Energy that aims to IPO soon and is behind a huge OpenAI campus in Ohio (www.theinformation.com)
3 days ago IPO Energy Nvidia

Sources: Mercor and other firms gathering data for AI labs are driving demand to buy or license internal datasets from startups shutting down or being acquired (www.theinformation.com)
3 days ago Startup AI

A profile of Camilla Clark, quiet adviser to husband Dario Amodei and behind-the-scenes player at Anthropic; she once pitched a porn startup to Jeffrey Epstein (www.theinformation.com)
4 days ago Startup

DeepSeek launches V4-Pro, its most advanced model that rivals Kimi K3 on some benchmarks at much lower prices, costing $0.44/1M input and $0.87/1M output tokens (www.theinformation.com)
5 days ago

Sources: Kalshi is in advanced talks to raise $750M+ co-led by Sequoia Capital and Wellington Management at a $40B valuation; Kalshi was valued at $22B in May (www.theinformation.com)
6 days ago

Former Alibaba star researcher Junyang Lin launches Shanghai-based Pragmatik Labs to build digital and physical AI agents; Pragmatik hit a $2B valuation in June (www.theinformation.com)
6 days ago Alibaba AI Shanghai

Source: Kalshi's annualized revenue topped $4B in July, up from $2B+ two months earlier, and its operating expenses totaled $300M in June (www.theinformation.com)
6 days ago

Sources: David Sacks' Craft Ventures is targeting around $1B for a new fund, its first since Sacks stepped down as the White House AI and crypto czar (www.theinformation.com)
7 days ago AI

Sources: Nvidia is developing a Nemotron 4 model with 1T+ parameters, up from Nemotron 3 Ultra's 550B parameters but smaller than leading Chinese open models (www.theinformation.com)
7 days ago China Nvidia

Brad Lightcap, who most recently led OpenAI's special projects division and formerly was its COO, says he is leaving the company “to start something new” (www.theinformation.com)
7 days ago

Source: Trajectory, founded by ex-DeepMind, Apple, OpenAI, and Meta staffers to build continual learning models, raised $40M led by Sequoia at a $300M valuation (www.theinformation.com)
7 days ago Apple

Manus says it will “soon return to operating as an independent company”, implying it is close to finalizing the reversal of its acquisition by Meta (www.theinformation.com)
7 days ago

Source: Applied Compute, which helps companies customize models with their data, is in talks to raise “hundreds of millions” led by Elad Gil at a ~$3B valuation (www.theinformation.com)
7 days ago

Sources: Microsoft plans to unveil its next-gen Maia 300 AI chip this fall, potentially as soon as September, and is negotiating with TSMC to make 300K+ in 2027 (www.theinformation.com)
8 days ago Microsoft AI

US data center bans top 500, up from 300+ in late June, as New York and Texas join cities and counties pushing back against data center development (www.theinformation.com)
8 days ago New York Texas

Sources: Nvidia agrees to invest $2B in Lancium, the power infrastructure developer of the Stargate campus in Texas, plus $1B more if it hits certain thresholds (www.theinformation.com)
10 days ago Nvidia Texas

Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out (www.theinformation.com)
11 days ago SpaceX

Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in March, and is generating $350M+ in annualized revenue (www.theinformation.com)
11 days ago Startup AI

Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT (www.theinformation.com)
11 days ago AI

Sources: Panthalassa, which aims to power data centers in the ocean using energy generated by waves, is raising $225M at a ~$2B valuation, up from $1B in May (www.theinformation.com)
12 days ago Energy

Sources: Nvidia is considering lower-memory versions of its Rubin Ultra GPU due to potential issues securing enough HBM, and has tested at least three versions (www.theinformation.com)
12 days ago Nvidia

Sources: Stripe recently entered exclusive talks to buy OpenRouter in a cash-and-stock deal that would value the startup for close to $10B (www.theinformation.com)
12 days ago Startup

Source: Muse Spark 1.1 model breached a company's systems during cybersecurity testing; Meta says evaluation partner Irregular caused a sandbox misconfiguration (www.theinformation.com)
12 days ago

Sources: ByteDance founder Zhang Yiming told employees at an all-hands last month that the company will not use model distillation to accelerate capabilities (www.theinformation.com)
13 days ago

Sources: the Trump administration invites staffers from OpenAI, Google, Anthropic, and others to the White House on Tuesday to review the AI oversight framework (www.theinformation.com)
15 days ago Trump Google AI

Alibaba prices Qwen3.8-Max at $2 per 1M input tokens and $6 per 1M output tokens via its API, below Kimi K3's $3/1M input tokens and $15/1M output tokens (www.theinformation.com)
15 days ago Alibaba

Robinhood's prediction markets revenue surged 10x+ YoY to $156M in Q2, topping stock and crypto for the first time as speculators shift to real-world event bets (www.theinformation.com)
15 days ago

Four US states rolled back or paused data center tax incentives, and nine others are weighing repeal measures, potentially adding 7% or more to equipment costs (www.theinformation.com)
15 days ago Tax

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