Snowflake Shares Dip on Slower Sales Growth Forecast
Database provider Snowflake is starting to see growing adoption of its AI products, but slowing sales growth forecasts may be a source of concern for investors.
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Salesforce Stock Slips 5% as Investors Wait For Its AI Products to Boost Growth
Investors have been waiting for Salesforce to show that its internal AI products will boost revenue.
Nvidia Revenue Growth Accelerates—Again—to 73%
The results shows Nvidia, the world’s most valuable company, is still in a league of its own.
Circle Jumps 35% After Strong Revenue, Profit Growth
Stablecoin issuer said fourth-quarter revenue jumped 77% to $770 million.
Exclusive: Former OpenAI Chief Research Officer Founds AI Manufacturing Startup
Bob McGrew is launching the startup with two ex-Palantir engineers.
DoorDash Exits Four Countries As It Refocuses on Key Markets
DoorDash has been pushing more into Europe with its Deliveroo and Wolt acquisitions, but it's refocusing amid fierce competition with Uber and investment firm Prosus.
VC Mohnot Analyzes Potential Buyers for PayPal
The VC said PayPal's consumer brand and information about consumers' bank accounts would be valuable for Stripe.
Bill Gates Apologizes for Epstein Relationship in Meeting With Foundation Staff
Gates told staff that he did have affairs with two women, but that he didn’t meet either of the women through Epstein or have knowledge of Epstein's crimes.
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.
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
Weekday mornings
The Information AM by The Information Staff
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