For much more on AI finance, please join me and my colleague Cory Weinberg at the New York Stock Exchange on Monday, April 27, for The Information’s Financing the AI Revolution forum. Hear from top ...
Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The ...
Amazon raised $37 billion in bonds, the company confirmed in a securities filing on Wednesday, buttressing its balance sheet as it ramps up its investment in AI. the bonds range from two year notes to ...
OpenAI plans to soon launch its Sora AI-generated video capabilities in ChatGPT, according to people with knowledge of the effort. The strategy shift could increase the chatbot’s usage as well as its ...
A judge ordered Perplexity to temporarily stop accessing Amazon’s website, a victory in the e-commerce giant’s lawsuit against the AI search startup. Amazon sued Perplexity in November, arguing ...
Tencent Holdings is secretly building a new AI agent for its hugely popular WeChat messaging app, in hopes of leapfrogging rivals like Alibaba Group and ByteDance in the race to dominate China’s ...
Microsoft is facing a new cluster of antitrust probes over whether it has illegally monopolized the cloud and software markets. As it gears up for battle, it’s been reorganizing the top ranks of its ...
A cybersecurity agency in China issued a warning about the security risks of using OpenClaw, the viral AI agent builder that has become wildly popular in the country. OpenClaw’s fragile security ...
Microsoft on Tuesday backed Anthropic’s federal court request to temporarily block the Pentagon from cutting business ties with the AI firm, arguing that the Pentagon’s action could harm Microsoft’s ...
Ravi Gupta, a partner at Sequoia Capital, and John Hegeman, former chief revenue officer at Meta, are raising at least $1 billion for their new venture called Ithaca Holdings, a Berkshire ...
OpenAI has held early talks to partner with The Trade Desk, a publicly traded ad tech company, to help the ChatGPT maker sell ...
Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made ...