OpenAI’s Advertising Business Hits $1 Billion Annualized Revenue Run Rate
OpenAI had projected it would generate $2.4 billion in ad revenue in 2016 and $102 billion by 2030.
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Recent Editions
Nvidia Invests in MediaTek
As part of the deal, Nvidia and MediaTek will collaborate on future generations of Nvidia's Spark chips powering consumer PCs.
China’s CXMT Sues the U.S. for Inclusion on Military-linked Blacklist
CXMT says it chips are solely produced for commercial use.
OpenAI Starts Letting Some Customers Pay Only When the AI Works
It's an industrywide movement toward outcome-based pricing, which could get messy.
Musk Responds to The Information’s Report About SpaceX Setting Up a Turbine Blade Factory
He said a major power shortfall for U.S. data centers would occur next year.
OpenAI Pulls Its AI Models From SpaceX-Owned Cursor
Cursor says OpenAI models are a tiny part of its business.
Andreessen Horowitz Raises $1.1 Billion for AI Hardware Fund
The money will be used to back companies building chips, memory, networking, storage and other companies involved in the AI buildout.
Kalshi Court Setback Raises Prospect of Supreme Court Fight
The ruling increases the likelihood the company will turn to the Supreme Court to intervene in a fight between state lawmakers and the U.S. government.
PayPal Falls 12% After Stripe and Advent End Pursuit
Stripe and Advent are no longer pursuing a joint offer for PayPal, Bloomberg reported.
Tencent’s New Flagship AI Model Shows Major Progress
With the launch of the new Hy4, the tech giant is emerging as a more formidable competitor in China’s open-source AI model race.
Z.ai’s Latest Model Intensifies Competition for Low-Cost Offerings
The new GLM-5.3 Flash model is even cheaper than DeepSeek’s latest low-cost model.
U.S. Judge Orders Pentagon to Rescind Blacklisting of Anthropic
Ruling blasts the government's move as illegal retaliation for the company’s criticism of the Trump administration
OpenAI Leads New Call for Cyberdefense of Critical Infrastructure
Over 100 tech, finance and other companies signed the statement.
Workday Revenue Growth Flattens But Execs Suggest an AI-Related Boost is Coming
Investors are still waiting for AI to boost overall revenues.
Exclusive: Gibson Dunn Hires Paul Weiss Tech Lawyer Ashtor
This is the latest in Gibson Dunn’s aggressive push to recruit from rivals.
Nvidia Agrees to Buy Hugging Face For $12.9 Billion
Nvidia is making a big play to shepherd the open-source AI movement as a counterweight to Anthropic.
SoftBank Explores Buying Majority Stake in 1X Humanoid Maker
The robotics startup fell short of raising a hoped-for $1 billion.
Hundreds of OpenAI Agents Attacked Hugging Face, Independent Investigation Finds
Agents “sacrificed” themselves to benefit the collective and sought to conceal their cheating.
Four-month-old AI Assistant Startup Instinct Raises at a $2.5 Billion Valuation
The startup, which launched its product only a few months ago, has drawn significant buzz in Silicon Valley
Nvidia Says Revenue Rose 106% in July Quarter and Projected Strong Growth Next Year
Nvidia also disclosed $99 billion in equity investments.
Weekday mornings
The Information AM by The Information Staff
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