Sequoia COO Said to Step Down Over Partner Maguire’s Posts
The resignation of the executive followed Shaun Maguire's remarks about New York mayoral candidate Zohran Mamdani.
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Anthropic and Google in Talks to Strike Multi-Billion Dollar Cloud Deal
The cloud deal would be be valued in the high tens of billions
Amazon Reportedly Expects to Avoid Adding Hundreds of Thousands of Workers Due to Robots
Amazon expects to avoid hiring more than 600,000 people by 2033 that it would've needed if it didn't have robotics and automation, according to the report.
OpenAI Launches ChatGPT Atlas, an AI-Powered Web Browser
Atlas allows users to use ChatGPT while browsing the web and take actions on users’ behalf
Netflix Posts 17% Revenue Growth, in Line With Projections
The company this year has cut back on its disclosure, making it difficult to assess how much of its growth is coming from new subscribers and how much from pricing or advertising.
Google Cloud Hires Accenture CTO to Bolster Executive Ranks
Google Cloud, which this year has inked large agreements with Meta and OpenAI, is adding a software industry veteran to help improve product development.
Mark Zuckerberg Must Testify in Social Media Harm Trial, Judge Rules
Instagram head Adam Mosseri and Snap CEO Evan Spiegel will also have to testify in the trial, which is scheduled for January.
Fed Explores ‘Skinny’ Master Account as Crypto Firms Seek Access
Stablecoin issuers such as Ripple and Anchorage have been eyeing direct access to the central bank’s payment system through a Fed master account.
Elon Musk Unloads on NASA Chief After SpaceX Comments
Acting NASA chief Sean Duffy said Monday that NASA would seek bids from SpaceX rivals including Blue Origin for a Moon mission.
AWS Returns to “Normal Operations” After Global Cloud Outage
AWS informs customers that it has fixed the issues that led to access challenges for many of the internet's most popular websites and internet services.
Warner Bros. Discovery to Evaluate Strategic Options
The announcement comes a few weeks after news reports said David Ellison's Paramount Skydance had approached WBD about a possible acquisition.
Japan’s Sakana AI in Talks to Raise Capital at $2.5 Billion Valuation
The fundraising comes as the startup ramps up its effort to generate revenue from business deals with major Japanese corporate customers.
Nvidia Discusses Loan Guarantee for OpenAI
The talks are part of the two companies’ data center partnership in which OpenAI will lease Nvidia’s chips.
Benchmark Names Everett Randle as New General Partner
Everett Randle, a former partner at Kleiner Perkins investing out of its growth-stage funds, has joined Benchmark as the firm’s newest general partner.
AWS Taps 15-Year Veteran to Lead Startups and VC Sales Unit
The cloud provider fills a role that was previously handled by Jon Jones, who recently joined CoreWeave as its first chief revenue officer.
Global AWS Cloud Outage Takes Down Major Websites, Internet Services
Amazon Web Services says it has fixed some of the issues with networking connectivity, but it is still trying to deal with others.
NASA Open to SpaceX Alternatives for ‘Behind Schedule’ Moon Mission
NASA is seeking bids from other companies including Jeff Bezos’ Blue Origin, NASA's acting administrator said.
China Says the U.S. Conducted Cyber Attacks on Its Agency
China alleges that the National Security Agency took control of the mobile services of government employees in key sectors.
Sutskever to Disclose ‘Brockman Memo’ and OpenAI Stake in Musk Suit
The court determined that the memo is relevant to the case.
PIMCO Anchors $27 Billion in Debt For Louisiana Meta Data Center
Lenders to the SPV will get a roughly 6.8% interest rate, based on the current 30-year Treasury yield.
Weekday mornings
The Information AM by The Information Staff
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