Insight-Backed Data Startup Sells $2 Billion in Secondary at $15 Billion Valuation
Insight is selling shares in a secondary offer led by TPG.
Weekday mornings
The Information AM
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
Recent Editions
Trump Names Tech Hawk Gail Slater as Top DOJ Antitrust Official
Slater is widely viewed as a critic of the outsize power of top tech companies.
OpenAI, Anduril to Develop Anti-Drone AI for U.S. Defense
Silicon Valley developers of AI are increasingly ditching their prior prohibitions on working for the military or its contractors.
Trump Nominates Pro-Crypto Paul Atkins as SEC Chair
Atkins, a former SEC Commissioner, is proponent of crypto and fintech.
Amazon Sued Over Slow Delivery in Low-Income Areas
Amazon stopped using its own delivery network for two areas east of the Anacostia River, causing longer delivery times.
OpenAI Surpasses 300 Million Weekly Active Users
The milestone comes a little more than three months after the chatbot reached 200 million weekly active users.
Andreessen Horowitz Backs Logistics AI Startup HappyRobot
The round values HappyRobot at between $80 million and $100 million including the new capital and also includes Y Combinator and Ryder Logistics’ RyderVentures.
Amazon Adds Data Upgrades to Q Digital Assistant
Amazon Q got off to a slow start, but a series of announcements from its annual cloud conference show it remains committed to the product.
Salesforce Stock Jumps as Revenue Growth Stays Flat
Salesforce's revenue forecast suggests it doesn’t see its new automation tool, Agentforce, as a major revenue driver in the fourth quarter.
TikTok Removes Romanian Political Accounts
One cluster of accounts supported the far-right candidate who won the first round of elections.
Founders Fund’s General Partner Brian Singerman to Step Back from Role
The decision is the latest high level personnel decision at the firm founded by Peter Thiel.
OpenAI Hires Ex-Coinbase Exec as First Marketing Chief
The announcement follows the spree of hires OpenAI has made in the last year from high-profile tech companies.
Amazon Unveils New AI Model, Chips, Supercomputer for Anthropic
Some of the Amazon models are multimodal, meaning they can generate images and video in addition to text, confirming a report in The Information last week.
Meta Exec Says Company’s Content Moderation Has Been too Heavy Handed
Meta's Nick Clegg said CEO Mark Zuckerberg wants to play an 'active role' in tech policy.
Tencent-Backed WeDoctor Plans Hong Kong IPO Filing This Month
WeDoctor's listing, which could raise $500 million, comes as Hong Kong's IPO market is starting to show some signs of recovery.
Super Micro Investigation Finds ‘No Evidence of Misconduct’
The company’s stock price leapt 29% but did not recover to its price before EY resigned as Supermicro’s auditor.
Judge Again Denies Musk’s Tesla Pay Package
The Delaware court upheld a January ruling that rescinded the Tesla CEO’s giant pay package.
Fidelity Marks Up Investment in X by 32%
The valuation has fallen 72% since Elon Musk bought the social media site in 2022.
Intel CEO Gelsinger Abruptly Steps Down
Gelsinger's departure, less than four years after he took the helm to try and turn around the chipmaker, signaled that the board had lost confidence in his management.
U.S. Imposes Export Restrictions on Advanced Memory Chips to China
Commerce Secretary Raimondo said the new rules will set the Trump administration up to continue preserving American tech security and leadership.
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