Musk Says Big Beautiful Bill is ‘Insane'
The bill not only reduces incentives for wind and solar projects, it raises taxes on those that come into production after 2027.
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Hewlett Packard Enterprise and Juniper Resolve DOJ Lawsuit
The settlement should clear the way for completion of the $14 billion merger.
Tesla Car Drives Itself to New Owner
The autonomous delivery is a big step forward for Elon Musk's ambitions in self-driving cars.
Meta in Talks to Raise $29 Billion from Private Equity Firms
Apollo Global Management, KKR, Brookfield, Carlyle and Pimco are involved in the discussions.
Nvidia Acquires Another Startup That Makes Its Chips Cheaper to Use
CentML has raised around $30 million since 2022, including from Nvidia.
AI Data Center Powered By Used EV Batteries Launches in Nevada
Redwood Materials CEO JB Straubel said his firm could end up generating more revenue from the energy business than its core battery recycling business.
Uber in Talks to Back Kalanick on Pony Deal
The deal would likely enhance Uber's strategy of partnering with a variety of robotaxi services.
Google Launches Payment Tool for Publishers
Over the past year, publishers have warned that Google’s AI features could be the “nail in the coffin” if readers stop clicking on search result links.
Meta Hires Four Researchers from OpenAI, Discusses Buying PlayAI
The moves are part of an aggressive push to recruit talent and catch up in artificial intelligence, after stumbles over the past year.
Instagram, TikTok Working on Smart TV Apps
Instagram and TikTok are plotting apps customized to run on TV screens following YouTube's growth on smart TVs.
Benioff Says AI is Handling Up to Half of Salesforce’s Work
Salesforce CEO's comments are the latest sign that tech executives are getting more comfortable talking about AI as a job replacement tool.
CoreWeave in Talks to Buy Core Scientific
CoreWeave is in fresh talks to buy Core Scientific after the AI cloud provider unsuccessfully bid for the data infrastructure company a year ago.
Second Tesla Executive Departs As Sales Lag
The departure comes the same month as Tesla’s Optimus robotics lead, Milan Kovac, stepped away to spend time with family.
Meta Wins AI Copyright Lawsuit Against Authors
The ruling is the second copyright decision this week in favor of AI companies.
OpenAI and Microsoft Spar Over AGI Clause in Contract Talks
OpenAI has implied it could soon declare AGI. Microsoft executives have disagreed.
Prediction Market Kalshi Hits $2 Billion Valuation in New Round
Crypto venture fund Paradigm led the round.
Cybersecurity Firm Rubrik Acquires Agentic AI Startup Predibase
Rubrik is acquiring Predibase, a startup that helps companies train and fine-tune their AI models, to expand its agentic AI offerings.
Bumble Cuts 30% of Staff
Founder Whitney Wolfe Herd returned as CEO earlier this year to battle slowing growth.
More Than 80% of Americans Haven’t Paid for News in the Past Year
Pew said that of the people who have not paid for news, about half said they can find plenty of other news articles for free.
Anthropic’s Use of Books as Training Data Is Fair Use, Says Court
But Anthropic pirating books is not protected, and will go to trial.
Weekday mornings
The Information AM by The Information Staff
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