Capital One Agrees to Buy Brex for $5 Billion, a Discount to Last Private Valuation
Capital One struck a deal to buy payments and credit card startup Brex.
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Recent Editions
Donald Trump Launches Debanking Lawsuit Against JPMorgan
President Donald Trump sued JPMorgan and the bank’s CEO Jamie Dimon for closing his bank accounts.
Intel’s Sales Slump Persists Despite AI Growth
The chipmaker's revenue fell 4% in the fourth quarter, largely a result of a decline in its unit that sells CPUs for use in personal computers.
Caroline Ellison, Former Alameda CEO, Released From Jail
Ellison was sentenced for two years for her role in the collapse of FTX crypto exchange.
BitGo Jumps in First Crypto IPO This Year
Crypto custodian BitGo and its holders raised $213 million in IPO.
Tesla Starts Limited Robotaxi Rides Without Backup Humans in Austin
Tesla has repeatedly blown through deadlines that Elon Musk announced for Robotaxi.
Elon Musk Says Tesla Will Sell Optimus Robots By End of 2027
The company slashed Optimus production goals in 2025 due to problems perfecting the robots’ hands and other technical challenges, The Information has reported.
PayPal Acquires Startup to Boost AI Shopping Efforts
Other commerce and payments companies like Stripe have previously weighed similar deals.
Alibaba Prepares Chipmaking Unit for IPO
The move follows the listings of several Chinese chip designers recently.
Anthropic Lowered Gross Margin Projection as Costs to Run AI Rose
Higher inference costs weighed on gross margins.
Amazon Launches AI Assistant For One Medical Customers
The chatbot can draw on patients’ existing medical records
Apple Developing AI Wearable Pin in Challenge to OpenAI, Meta
The device would position Apple to compete more effectively with OpenAI and Meta Platforms, which are planning or already selling their own AI-powered devices.
Apple Plans a Conversational Siri, Discusses Google TPU Deal
Apple may use Google’s cloud and chips to launch a new Siri
Yelp to Buy AI Agent Startup for $300 Million
The startup, Hatch, offers contractors and other service providers AI-powered agents to respond to customer requests for a month fee.
Technical Committee Members Named in Google Search Remedy
The technical committee is tasked with enforcing the remedy against Google.
Blue Origin Plans Enterprise Rival to SpaceX’s Starlink and Amazon Leo
Unlike Starlink or Leo, which are targeting both individual consumers and enterprise customers, TeraWave is aimed only at large customers who need especially fast internet speeds.
ChatGPT Checkouts to Take 4% Cut of Shopify Merchant Sales
Shopify told its merchants their products will start appearing in AI chats later this month.
OpenAI CFO Responds to Google Criticism, Touts Infrastructure Progress at Davos
In response to Google criticism about OpenAI's ad plans, Friar said “I am trying to create as much optionality as possible.”
Nvidia CEO Plans China Visit After Beijing Restricts H200 Purchase
Jensen Huang heads to China amid fresh regulatory hurdles threatening Nvidia’s access to one of its most valuable markets
OpenAI Asks Advertisers to Spend Less Than $1 Million in Trial
The requests are part of a trial period for its new ChatGPT ads product
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