Exclusive: Private Credit Dips Toes Into Crypto Loans
Figure Technology sold $50 million crypto-backed loans to a private credit firm.
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The Information AM
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Recent Editions
Nvidia CEO Criticizes U.S. Chip Export Restrictions for China
Jensen Huang says the export controls have allowed Nvidia’s Chinese competitors to step up their efforts and gain market share.
Waymo Hits 10 Million Paid Rides
The company’s partnership with Uber is active in Phoenix and Austin with Atlanta weeks away
Palo Alto Networks Predicts Slowing Revenue Growth
The company predicted revenue would rise less than 14% in the current quarter.
Musk Says xAI Building New Data Center ‘Near’ Memphis
The Information first reported that xAI was looking for a new data center so that it could buy more Nvidia graphics processing units.
Google Taps Warby Parker For Smart Glasses Development
Google said it will invest up to $75 million in product development as part of the deal.
Google Rolls out ‘AI Mode’ in Search to All U.S. Users
Soon, Google Search will also include agentic tools that automate most of the process of booking tickets or buying products online.
Elon Musk Wants To Remain At Tesla, Spend Less on Campaigns
"It’s not a money thing," Musk said at the Qatar Economic Forum, defending the demand for his electric cars as sales lagged across Europe
EU Plans Fee on Cheap Packages, Threatening Temu and Shein
Temu and Shein have been looking to Europe for growth amid trade and regulatory uncertainty in the U.S.
Perplexity Buys Browser Startup Sidekick
The AI search engine has been tapping a firehose of VC money to cover its AI and other bills.
Regeneron to Buy 23andMe for $256 Million
Regeneron, which uses AI for drug discovery, said it will protect users’ data.
United Arab Emirates’ MGX Backs Paris Data Center Project
MGX, France’s sovereign-wealth fund Bpifrance, Paris-based AI company Mistral and Nvidia formed a joint venture to build the new data center.
Microsoft Launches xAI’s Grok on Azure Cloud
Microsoft made the xAI announcement at its annual Build conference for app developers, where it also launched features for building AI apps.
Nvidia to Give Customers More Flexibility in AI Server Setups
The move to allow customers to pair Nvidia products with hardware from other vendors is part of the AI chip giant’s effort to maintain its market dominance.
Nvidia in Talks to Invest in Quantum Computing Startup
The talks come as PsiQuantum is in the process of raising at least $750 million in a funding round.
Japanese Beer Chief Blames Social Media, Gaming for Falling Sales
The chief executive of Asahi says screens have hit revenue harder than teetotaling trend.
U.S. Officials Scrutinize Apple Intelligence Partnership With Alibaba
The move comes as the U.S. attempts to contain China’s AI development out of concern that it might be used to advance the country's military capabilities.
Google ‘Super Intensely’ Debated Buying Netflix, Google CEO Says
Pichai didn’t specify when discussions around the potential acquisition took place. Any such purchase would likely face severe antitrust scrutiny now.
Qualcomm to Launch Data Center Chip in Challenge to Nvidia
The announcement marks its official return to the data center market after prior efforts fizzled.
Chobani Acquires Healthy Food Startup Daily Harvest
The acquisition is the latest in a string of deals as food companies buy up health-focused brands.
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