OpenAI Generated $4.3 Billion in Revenue, Burned $2.5 Billion in First Half
OpenAI posted an operating loss of $7.8 billion in the first half.
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Recent Editions
Wealthfront Files for IPO
Robo-advisory startup Wealthfront on Monday filed paperwork for an initial public offering
Exclusive: Navan Plans to Raise $750 million in October IPO
The travel software company's listing is one of the latest travel-themed IPOs.
Calif. Gov. Newsom Signs AI Safety Bill
The transparency bill requires AI companies to follow their own safety policies.
YouTube to Pay $24.5 Million to Settle Trump Lawsuit
YouTube followed Meta and Elon Musk’s X in settling similar cases with Trump.
Exclusive: Softbank-Backed TravelPerk Hired Banks for IPO
TravelPerk’s IPO plan is the latest among a handful of travel-themed software companies aiming for a public market debut.
OpenAI Launches Instant Checkout in ChatGPT
The new feature will allow users to purchase products directly in ChatGPT.
Anthropic Releases Claude Sonnet 4.5 Model
The new model shows improvements in domains like coding, finance, law and medicine.
Investor Group to Buy EA For $55 Billion in Cash
Despite anemic growth, EA throws off plenty of cash, which makes it ideal for a private equity led takeover.
ByteDance to Maintain Control Of TikTok’s U.S. Advertising, E-Commerce
Such an arrangement raises questions about whether the TikTok deal violates the U.S. law that requires divestiture.
German AI Startup Seeking Funding at $4 Billion Valuation
Black Forest Labs aims to raise between $200mn and $300mn
Data Startup Fivetran In Talks to Buy Dbt Labs
Merger could create a full-service data offering and bring company closer to an IPO.
Trump Demands Microsoft Fire Company Executive ‘Immediately’
It’s the latest example of Trump using his position to target people he views as opponents.
ByteDance Could Take 50% of TikTok U.S. Profit Under Proposed Deal
Vice President JD Vance said Thursday that TikTok U.S. would be valued at $14 billion.
Videogame Firm Electronic Arts Nears Private Equity Megadeal
The company behind popular sports video games looks poised to ink one of the largest leveraged buyouts in history, backed by Silver Lake and Saudi Arabia’s wealth fund.
Anthropic Hires Head of International Business in Global Push
Anthropic plans to triple its international workforce and grow its applied AI team fivefold this year.
U.S. Considers Chip Production Rule to Curb Imports
The Trump administration plans to ask chip companies to produce the same amount as their customers import from overseas.
Tech Giant Cloudflare to Launch a Stablecoin
Cloudflare’s stablecoin, called NET dollar, will be used in transactions handled by AI.
Apple Presses the EU to Overturn Digital Markets Act
The company said the law has forced it to delay features due to the landmark law.
Google Considered Selling Part of Ad Tech Unit Last Year, Google Executive Says
Google also considered putting part of its ad tech unit into Google Cloud and selling it as a software as a service.
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
