Articles from www.theinformation.com

Articles from www.theinformation.com

Sources: Huawei's Ascend 950PR chip, set for mass production soon, saw prices rise 20% after Chinese tech giants placed bulk orders to run DeepSeek's V4 model (www.theinformation.com)
1 day ago China

Sources: Supabase is in talks to raise ~$500M at a ~$10B valuation, roughly doubling its October 2025 valuation; GIC is expected to lead the funding round (www.theinformation.com)
2 days ago

Source: Anthropic has acquired Coefficient Bio, which was developing a platform that enables AI to run biotech tasks such as planning drug research, for ~$400M (www.theinformation.com)
2 days ago AI Biotech

Sources detail Fidji Simo's moves at OpenAI, including spearheading the TBPN acquisition and pushing OpenAI to cut Sora and avoid other social media products (www.theinformation.com)
2 days ago

OpenClaw launches an official China mirror, with ByteDance providing the servers to host the Chinese-language service, as OpenClaw explodes in the country (www.theinformation.com)
3 days ago China

Sources: OpenRouter is in talks to raise $120M led by CapitalG at a $1.3B post-money valuation; it now has $50M+ in annualized revenue, up from $10M+ in Oct. (www.theinformation.com)
3 days ago

Anthropic's Claude Code leak reveals its “Kairos” updates, including letting Claude work in the background and using a “dream mode” to consolidate its memories (www.theinformation.com)
4 days ago

Sources: Amazon's “sponsored prompts” for its Rufus AI assistant are yielding significantly lower traffic than traditional ads, but are more cost-effective (www.theinformation.com)
4 days ago Amazon AI

Austin-based Coder, which helps developers build and run code from local devices to the cloud, raised a $90M Series C led by KKR, after raising $35M in 2024 (www.theinformation.com)
4 days ago

Alibaba's new Qwen3.5-Omni multimodal model, which processes text, audio, images, and video, is proprietary, marking a shift away from its open-source strategy (www.theinformation.com)
5 days ago Alibaba

Midjourney CEO David Holz says the company's revenue “significantly surpassed” $200M in 2023, and has “gone up” since then, despite its declining web traffic (www.theinformation.com)
6 days ago

Sources: Anthropic executives have discussed an IPO as soon as Q4, and bankers vying to take the company public expect it to raise more than $60B (www.theinformation.com)
9 days ago IPO 4Q

OpenAI has surpassed $100M in annualized revenue from ChatGPT ads, has expanded to 600+ advertisers, and plans to launch self-serve advertiser access in April (www.theinformation.com)
9 days ago

Sources: cloud provider Vultr is seeking to raise $1B+ to expand its AI computing capacity, after raising $333M at a $3.5B valuation in 2024 (www.theinformation.com)
10 days ago AI

Source: as part of its Google deal, Apple has full access to the Gemini model in its own data centers and can use distillation to produce smaller models (www.theinformation.com)
10 days ago Google Apple

Meta confirms plans to lay off staff; sources say it impacts a few hundred people across Reality Labs, its social media teams, recruiting, and some sales roles (www.theinformation.com)
11 days ago

Source: SpaceX is aiming to file its IPO prospectus with regulators later this week or next week, and could try to raise more than $75B (www.theinformation.com)
11 days ago IPO SpaceX

Sam Altman told staff he has ceded oversight of OpenAI's safety and security teams to focus on fundraising, supply chains, and building data centers at scale (www.theinformation.com)
11 days ago

Sources: advertisers that bought ChatGPT's first ad campaigns say the process was low tech and that they haven't received much data showing if their ads worked (www.theinformation.com)
14 days ago

Lux Optics CEO Ben Sandofsky sues his co-founder Sebastiaan de With, now a part of the design team at Apple, alleging improper use of funds and stolen IP (www.theinformation.com)
14 days ago Apple

Amazon acquires Zurich-based autonomous robotics startup Rivr, formerly Swiss-Mile; PitchBook: the startup was valued at $110M in an August 2024 funding round (www.theinformation.com)
16 days ago Amazon Startup Robot Switzerland

Source: Fal, a GenAI model hosting service, is in talks to raise $300M to $350M at an $8B valuation; annualized revenue has hit $400M, up from $200M in October (www.theinformation.com)
17 days ago

Meta confirms a critical security incident after an internal rogue AI agent's actions led to the exposure of sensitive data to employees without authorization (www.theinformation.com)
17 days ago AI

Sources: Coinbase and Zerohash are among the companies vying to issue Cloudflare's stablecoin, set to launch this year to support payments for the “agentic web” (www.theinformation.com)
17 days ago Coinbase

Sources: Apple stops vibe coding apps from pushing updates, citing rules on running code; Replit thinks Apple may approve opening AI-generated apps in a browser (www.theinformation.com)
18 days ago AI Apple Browser

You.com appoints Saahil Jain as new CTO after co-founder Bryan McCann left to Anthropic; You.com, which began in consumer search, is targeting enterprise more (www.theinformation.com)
18 days ago

Sources: OpenAI signed a deal with AWS to sell its AI services to US government agencies for both classified and unclassified work, amid the Anthropic-DOD spat (www.theinformation.com)
19 days ago AI

Sources: OpenAI appoints new leaders to oversee Stargate after deciding to rent more AI servers from cloud providers, and splits its computing effort in three (www.theinformation.com)
20 days ago AI

Sources: ByteDance suspended the global launch of Seedance 2.0 amid copyright disputes with Hollywood studios and streamers; it was launched in China last month (www.theinformation.com)
21 days ago China

Sources: Mirendil, founded by former Anthropic researchers to develop AI models for scientific research, is in talks to raise $175M at a $1B valuation (www.theinformation.com)
22 days ago AI

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