23andMe Founder Wojcicki Agrees to Pay $305 Million to Buy Bankrupt Business
Wojcicki outbids Regeneron, a pharmaceutical company that agreed to buy 23andMe’s assets last month.
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Recent Editions
Meta, OpenAI, Palantir Tech Execs to Advise U.S. Army on Technology
Three prominent tech executives are joining a new U.S. Army innovation corps to help the military upgrade its technology.
Waymo Rides Cost More Than Uber and Lyft, Report Finds
The robotaxi company hired Lyft’s Head of Pricing earlier this year
Walmart, Amazon Explore Issuing Stablecoins
The companies are exploring using stablecoins to circumvent traditional payment systems.
U.S. says China’s Huawei Has Limited AI Chip Output in 2025
Huawei, China’s leading supplier of AI chips, is grappling with U.S. export restrictions on key chip manufacturing equipment.
Meta Finalizes $14.3 Billion Deal with Scale AI
Scale CEO Alexandr Wang will join Meta to work on its superintelligence efforts.
Databricks Expects to Hit $3.7 Billion in Annualized Revenue Next Month
Databricks, which sells tools that companies can use to store business data and build AI applications, is seeing steady sales growth as more firms adopt AI.
AWS Aims to Jump-Start AI Agents Business By Revamping Key Cloud Service
The cloud leader feels it needs to catch up to Google and Microsoft.
Nvidia CEO Thinks Other AI Chip Efforts Will Get Canceled
He reiterated that building chips for AI is quite difficult.
SpaceX Begins Work on Second Launch Site for Starship
The second site is necessary for SpaceX to eventually achieve the frequency of launches it has so far demonstrated with its workhorse Falcon 9
Google Cloud Experiences Major Outage
Google Cloud on Thursday experienced a major outage that impacted several services globally, according to a Google website tracking the status of its products.
Tesla Sues Former Optimus Engineer, Alleging Trade Secret Theft
Elon Musk has bet the company’s future on two major artificial intelligence projects: humanoid robots and driverless cars.
Musk Asks Court to Dismiss OpenAI’s Countersuit, Again
Musk’s lawyers argue his bid for OpenAI’s assets was relevant to the ongoing lawsuit.
Nvidia CEO Disagrees With Anthropic CEO’s Prediction Of Job Losses From AI
The surprisingly direct comment toward Amodei could be a sign of tension between the two CEOs.
Y Combinator Managing Partner to Depart Accelerator for New Fund
The firm will invest in artificial intelligence startups in the Series A phase.
BlackRock Targets $400 Billion Private Market Fundraising by 2030
BlackRock set an ambitious $400 billion fundraising goal to muscle deeper into private market investing by 2030.
Databricks Inks Deal With Google to Host Gemini Models
Three months after striking a deal with Anthropic to host Claude models, Databricks is expanding an existing partnership with Google to expand its AI offerings.
Oracle CEO Says OpenAI’s Stargate Venture ‘Not Formed Yet’
Oracle has struck deals with OpenAI to rent out Nvidia graphics processing units outside of Stargate.
Databricks Targets Non-Technical Users With New AI Tools
Databricks has carved out a reputation over the years as a tool for technical staff, but now it's trying to change that perception.
Oracle Shares Up on Strong Growth Rate for GPU Business
Oracle’s cloud business is larger than firms such as CoreWeave but still much smaller than Google or Amazon Web Services.
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.
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