Nvidia In Talks to Lease Chips to OpenAI as Startup’s Server Spending Plan Rises to $1 Trillion
OpenAI's deals imply it aims to spend around $1 trillion to fund its AI ambitions over the next decade.
Weekday Mornings
The Information AM
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
Recent Editions
U.S. to Propose Rules Banning Chinese Vehicle Software
The U.S. Commerce Department is set to propose rules banning Chinese software and hardware in autonomous and connected vehicles.
Insight Partners Raises $10 Billion for Latest Fund
Insight Partners has $10 billion in commitments from its investors for its latest fund to back private tech startups.
Sony Moves to Acquire Game Studio Bungie for $3.6 Billion
The studio, once owned by Microsoft, is known for creating the influential gaming franchises Halo and Destiny.
Spotify CEO Apologizes to Staff as Joe Rogan Controversy Widens
Spotify CEO Daniel Ek apologized to staff after racist comments made by podcast host Joe Rogan were posted on social media.
SEC Rejects Coinbase Petition for New Crypto Crypt
The Securities and Exchange Commission Friday denied a petition by crypto exchange Coinbase to write new rules for digital assets.
Amazon Posts Sluggish Online Sales Growth
Amazon continued to see <em>slow</em> growth due to a slowdown, along with excess operational costs due to overstaffing and overbuilding of warehouses.
Web3 Startup Helium Reportedly Listed Fake Customers on Its Website
The unicorn startup had been lauded as the rare real-world use case for crypto.
Chinese Government Entity Tried to Open Stealth TikTok Account
The government entity's attempt to create a stealth account met with a pushback from TikTok's executives and the app says it declined the request.
Microsoft’s Github Service Hits $1 Billion in Customer Commitments
Microsoft's decision to plunk down more than $7 billion to acquire the top code-sharing service for open-source software developers appears to be paying off.
Amazon Hikes Prime Fees in Europe as Inflation Rises
The announcement comes as the e-commerce giant grapples with slowing online sales and rising costs due to inflation.
Two SoftBank Vision Fund Executives to Join Rajeev Misra’s New Fund
Rajeev Misra, who recently stepped back from his main roles at SoftBank, is starting a new fund by raising money from Abu Dhabi.
U.S. Passes $52 Billion in Chip Subsidies to Boost Production, Counter China
Things could get messy as every Western chip developer tries to dip into the new money well.
U.S. Treasury Investigating Kraken for Violating Sanctions
Kraken has been under investigation from the Treasury Department’s Office of Foreign Assets Control since 2019
Weekday Mornings
The Information AM by Myk Klemme
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