The Information — AI
461 articles archived · Visit source ↗ · RSS
-
The Information — AI news-outlet 3mo ago
Nebius Reports 700% Increase in Q1 Revenue
AI cloud firm Nebius’ revenues rocketed 684% to $399 million in the first quarter, the company reported Wednesday morning, reflecting the explosion of demand for AI neoclouds’ computing capacity. But Nebius, like fellow neocloud CoreWeave, is burning cash. Its capital…
29 -
Nvidia’s Jensen Huang Included in Trump Trip
Nvidia CEO Jensen Huang got a last-minute invitation to join President Donald Trump’s trip to China, Trump revealed in a Truth Social post . After reports surfaced that Huang had been left out of a trip that included many other tech executives, including Elon Musk and Apple CEO…
32 -
Amazon Drops ‘Rufus’ Branding on Shopping Chatbot, Adds AI in Search
Amazon is rebranding its Rufus chatbot to Alexa for Shopping, the company said on Wednesday. Amazon first announced an AI-powered chatbot for shoppers called Rufus in early 2024. A year later, Amazon launched Alexa+, the large language model-enhanced version of its decade…
19 -
Anthropic Flexes Pricing Power as Its Customers Willingly Eat the Cost
Anthropic’s revenue growth is unprecedented. Newer Anthropic customers such as PagerDuty are a big part of the reason. Eric Johnson, chief information officer at PagerDuty, which helps software engineers respond to tech outages, said he is bracing for volatile costs as his…
8 -
Former Alibaba Star Researcher Starts New AI Lab, Seeks $2 Billion Valuation
Junyang Lin, former lead researcher of Alibaba’s Qwen models who left the firm earlier this year, is seeking to raise several hundred million dollars for his new AI lab, The Information reported . Lin’s new AI lab will likely be valued at around $2 billion after the funding…
32 -
Former Alibaba Star Researcher Starts New AI Lab, Seeks $2 Billion Valuation
Junyang Lin, former lead researcher of Alibaba’s Qwen models, is seeking to raise several hundred million dollars for his new AI lab, according to two people with direct knowledge of the matter. The new AI lab will likely be valued at around $2 billion after the funding round,…
28 -
Microsoft’s Stock Slide Raises Specter of Activist Investors
Is it time for another activist investor to take a run at Microsoft? Shares of the iconic software giant are down nearly 16% so far this year, making it the worst performer of the big tech names. The Financial Times reported on Friday that British hedge fund TCI had sold “almost…
29 -
Cerebras' Plum OpenAI Deal Is a Double-Edged Sword
When some journalist writes the book on the AI boom, one critical chapter will start on Christmas Eve 2025. That was the day that Nvidia and OpenAI’s complicated frenemy relationship became incredibly lucrative for chip startups that focus on AI inference. We already know that…
38 -
Altman Tries to Turn the Tables on Musk in Contentious Testimony
OpenAI CEO Sam Altman sought to turn the tables on Elon Musk in their legal battle, testifying that the tycoon abandoned the group they co-founded and worked to undermine its success. Altman’s appearance in court Tuesday marked the highest-stakes moment yet in the trial over…
20 -
Nvidia CEO’s Charitable Foundation Signs GPU Deal With CoreWeave
The charitable foundation tied to Nvidia CEO Jensen Huang and his wife, Lori Huang, has agreed to rent Nvidia graphics processing units from CoreWeave, which it plans to donate to artificial intelligence developers, according to Nvidia’s annual report. The Huang Foundation has…
32 -
Nvidia CEO’s Children Earn Over $1 Million Annually
Madison and Spencer Huang, the daughter and son of Nvidia CEO Jensen Huang, have quietly become rising forces inside the world’s most valuable company—and their paychecks reflect it. Madison, a senior director of product marketing, earned $1.2 million last year, according to…
37