Niantic Sells Games Business to Scopely for $3.5 Billion
Niantic will spring out a new company, Niantic Spatial, to focus on AI and maps.
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Recent Editions
Binance Raises $2 Billion From Abu Dhabi’s MGX
MGX is taking a minority stake in the world’s biggest crypto exchange.
Wonder Acquires Media Company Tastemade for $90 Million
Marc Lore said the acquisition will help Wonder, which also owns Grubhub and Blue Apron, become an artificial intelligence-driven “super app” for food.
AI Agent Manus Partners With Alibaba to Serve Users in China
The partnership with Alibaba will enable Manus to offer its AI agent in China in compliance with local regulations.
TSMC Pitches Intel Foundry Joint Venture to Nvidia, AMD and Broadcom
The Trump administration is still pushing TSMC to back Intel’s chipmaking business even after the Taiwanese firm pledged a $100 billion investment in the U.S.
OpenAI Releases Tools For App Developers Building ‘Agents’
These tools will help developers make agents that can search the web, cite websites, search company files and more.
Anthropic Reaches $1.4 Billion in Annualized Revenue
The company recently released a new reasoning model, Claude 3.7, and Claude Code, a coding assistant.
Oracle Projects Faster Revenue Growth Due to AI Data Centers
CEO Safra Catz also said she expects revenue to grow 20% in the fiscal year that ends May 2027 due to a backlog of AI server deals.
OpenAI Signs $12 Billion Deal With CoreWeave, Will Get Equity Stake
As part of the cloud deal, OpenAI will also get a stake in CoreWeave expected to be worth $350 million when the company goes public.
Amazon Prime Video to Stream Trump’s Old TV Series ‘The Apprentice'
Amazon founder and executive chair Jeff Bezos has been seeking to strike a friendlier relationship with the current president.
Rocket to buy Redfin for $2.4 billion
The deal follows a period of stagnation for Redfin, whose revenue shrank in 2023 before recovering a little last year.
ServiceNow Confirms Moveworks Acquisition For $2.85 Billion
ServiceNow is trying to get a jump in the race to sell AI agent-powered software to businesses.
ServiceNow in Talks to Buy AI Startup Moveworks
The deal could help ServiceNow demonstrate that its AI-powered features can be meaningful contributors to revenue.
Trump Says He’s Negotiating With Four TikTok Bidders
The U.S. and TikTok face an April 5 deadline to come up with a deal.
Cohere Partners With LG Unit to Offer AI Products for South Korea
Canada-based Cohere is expanding into non-English speaking countries through partnerships in an effort to boost its sales.
Justice Department Reiterates Demand to Break Up Google
The filing signals that the Trump Administration’s Department of Justice could continue the Biden Administration’s aggressive antitrust stance.
xAI to Develop Second AI Data Center in Memphis
XAI has been able to move quickly in setting up GPU clusters in part because it converted existing buildings into data centers.
Shark Tank’s O’Leary: U.S. TikTok Deal Could Improve China Relations
O'Leary has joined one of the groups that say they are interested in acquiring TikTok's assets.
Crypto Exchange Gemini Files Confidentially for IPO
The crypto exchange is working with Goldman Sachs and Citi, according to Bloomberg.
U.S. Banking Regulator Withdraws Crypto Guidance
The Office of the Comptroller of the Currency said banks no longer need its signoff on crypto activities.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy