Bytedance Valued at $550 Billion in Share Sale, Report Says
General Atlantic is selling part of its stake in TikTok-parent ByteDance at a $550 billion valuation, according to a report from Reuters.
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Shein Founder Makes Rare Public Appearance in Chinese Government Forum
The company tried to water down its China ties in the past as it attempted to go public in the U.S.
Anthropic Narrows Key Safety Commitment
Under its new policy, Anthropic can release risky models in some cases.
CoreWeave to Raise $8.5 Billion in Chip-Backed Debt
The new debt is cheaper for CoreWeave than its previous offerings, which carried interest rates stretching into the double digits.
Pentagon Gives Anthropic Friday Deadline to Agree to Terms or Terminate Contract
Secretary of War Pete Hegseth threatened that the Pentagon could invoke the Defense Production Act to force Anthropic to drop its safeguards, or designate Anthropic a supply chain risk.
Workday’s Stock Slide Worsens as Subscription Revenue Growth Slows
Workday shares were already down 39% before Tuesday's earnings report.
Workday’s Stock Slide Worsens as Subscription Revenue Growth Slows
Shares were already down 39% this year before the company's earnings report.
Adept Cofounder Luan Leaves Amazon’s AI Lab
Luan co-founded Adept, a startup Amazon acqui-hired in 2024
Ellison’s Paramount In Striking Distance of Winning WBD
Netflix would have four days to renegotiate its deal if WBD walks away.
xAI Trade Theft Suit Against OpenAI Dismissed
xAI's lawsuit “does not allege any facts indicating that OpenAI induced xAI's former employees to steal xAI's trade secrets," a federal judge said.
Stripe Reportedly Expressed Interest in Acquiring PayPal
Payments fintech Stripe is considering a whole or partial acquisition of struggling rival PayPal, according to Bloomberg.
Amazon Says It Will Spend $12 billion On Louisiana Data Centers
The cloud company said it would pay for all the costs associated with the data centers amidst growing political backlash
Intuit Partners With Anthropic on Agents
Anthropic will integrate its Claude agent software directly into Intuit’s platform, allowing Intuit’s business customers to build and deploy AI agents.
Meta Strikes Six-Gigawatt Compute Deal with AMD
The deal illustrates how the tech industry’s appetite for chips has been a boon to firms like Nvidia and AMD, neither of which can supply enough chips for AI.
Oracle Shares Dip After Stargate Report
The Stargate joint venture floundered after its flashy announcement at the White House in January 2025.
Dario Amodei to Meet with Pete Hegseth Amid Anthropic-Pentagon Clash
Anthropic is asking the government for restrictions on its model being used for mass domestic surveillance and autonomous weapons use without humans involved.
Anthropic Employee Share Sale Said to Reach $6 Billion
Investors recently valued Anthropic at $380 billion after the financing
IBM Stock Tanks After Anthropic Says Claude Code Can Modernize Legacy Code
Claude Code can update COBOL, which is still used by many banks and government agencies.
Exclusive: Cerebras Files Confidentially For a U.S. IPO
The re-filing follows a large sales agreement with OpenAI.
Trump-Linked Stablecoin Briefly Dipped Below $1
Trump family-backed World Liberty said it suffered from a coordinated attack.
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