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The Information @theinformation.com · 13h

Anthropic could use M&A to develop products focused on specific industries like financial services, healthcare, and cybersecurity, according to people who have spoken to its executives. See what's next: https://thein.fo/4o0JfUo

Anthropic Gets Ready to Go Startup Shopping

OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billio...

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The Information @theinformation.com · 14h

AI Agenda: OpenAI Executive Explains the Insatiable Appetite For AI Chips

The head of OpenAI’s Stargate team explains the ever-rising need for powerful AI chips.

Read more from Sri Muppidi 👇
https://thein.fo/3KXJ6lS

OpenAI Executive Explains the Insatiable Appetite For AI Chips

Peter Hoeschele, who runs OpenAI’s Stargate data center team, said at an event last week that the company’s models are essentially in constant training mode. That’s a change from the past, when OpenAI...

thein.fo

The Information @theinformation.com · 16h

In mid-2024, OpenAI CEO Sam Altman and Microsoft CEO Satya Nadella agreed Microsoft couldn't be the sole cloud provider, leading to OpenAI’s massive server deals with firms like Oracle. Read our deep dive: https://thein.fo/3KR94Yc

Why Microsoft Let OpenAI Play the Field

Over the past three years, as OpenAI swelled from a tiny research lab into the world’s most valuable startup, one company has captured nearly all of its billions of dollars in annual spending on the s...

thein.fo

The Information @theinformation.com · 16h

The bill for the AI revolution is coming due. As Intel CEO Pat Gelsinger states, the economics must support the tens of billions invested in major data centers. See the details: https://thein.fo/3KSwtsa

Why Cloud Profits Are Collapsing in the Chip Arms Race

The AI boom is fueling massive cloud revenue growth, yet the true financial story is defined by a deep, hidden vulnerability: the staggering cost of specialized AI chips. This imbalance is creating a ...

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The Information @theinformation.com · 19h

Inside Hyperliquid, Ground Zero for the Latest Crypto Controversy

Crypto exchange Hyperliquid is growing fast but faces scrutiny for its role in a big market sell-off.

Read more from Yueqi Yang 👇
https://thein.fo/3KYS5Du

Inside Hyperliquid, Ground Zero for the Latest Crypto Controversy

When a crypto crash ricocheted across markets earlier this month, the spotlight landed on Hyperliquid, an exchange that handles more than $13 billion in trades a day with around 11 employees based lar...

www.theinformation.com

The Information @theinformation.com · 1d

A pickup in acquisitions would mark a change in strategy for Anthropic, which previously saw co-founder and CEO Dario Amodei focus on hiring researchers and specialized expertise. Read about the new focus: https://thein.fo/4o0JfUo

Anthropic Gets Ready to Go Startup Shopping

OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billio...

thein.fo

1

The Information @theinformation.com · 1d

OpenAI plans to burn $115 billion in cash through 2029 as it rents more servers, which may see cloud providers like Oracle and Microsoft finance some of the announced capacity. https://thein.fo/4mW9mdv

OpenAI Is Working With SoftBank’s Arm on Broadcom AI Chip Effort

OpenAI’s development of its own artificial intelligence chip will benefit SoftBank, one of its biggest shareholders, which is also helping the ChatGPT maker develop and finance its ambitious data cent...

thein.fo

The Information @theinformation.com · 1d

Every document Reducto processes is touched by 13-odd models, including its own custom software and third-party models from OpenAI, Anthropic, and Google. Learn more: https://thein.fo/4qbeVaQ

The Startup Using AI to Translate Documents Into Data

If you’ve ever uploaded a picture of a receipt to an expense report or read a PDF of a book online, you’ve likely used optical character recognition, a decades-old technique that converts images of ty...

thein.fo

The Information @theinformation.com · 1d

The core strategy for cloud providers to mitigate costs and reduce dependence on Nvidia is the development of in-house AI chips. AWS, Google, and Microsoft are all designing custom silicon. Get the analysis: https://thein.fo/3KSwtsa

Why Cloud Profits Are Collapsing in the Chip Arms Race

The AI boom is fueling massive cloud revenue growth, yet the true financial story is defined by a deep, hidden vulnerability: the staggering cost of specialized AI chips. This imbalance is creating a ...

thein.fo

The Information @theinformation.com · 1d

Together AI's API business, which allows customers to run open-source AI models, makes up 30% to 40% of the company's revenue and is a key way the neocloud is trying to differentiate itself. Find out more: https://thein.fo/4nTrsyi

The Race to Rent Out Nvidia Chips in the Cloud Intensifies

Demand for Nvidia’s artificial intelligence chips has spawned half a dozen multibillion-dollar cloud providers that buy the chips, install them in data centers and rent them out to OpenAI and other AI...

thein.fo

The Information @theinformation.com · 1d

Despite their partnership, OpenAI executives viewed their exclusive deal with Microsoft as a potential bottleneck, contributing to the "tense moments" during negotiations over the past year. Full details: https://thein.fo/3KR94Yc

Why Microsoft Let OpenAI Play the Field

Over the past three years, as OpenAI swelled from a tiny research lab into the world’s most valuable startup, one company has captured nearly all of its billions of dollars in annual spending on the s...

thein.fo

The Information @theinformation.com · 2d

The popularity of AI chatbots threatens to upheave how consumers spend time on media, putting the future of ad-centered websites up in the air. We examine the disruption to ad tech: https://thein.fo/3WGMpjLa

AI Ad Tech ‘Land Grab’ Pits Salesforce Against Google, Microsoft and Amazon

The murky, highly complex business of helping advertisers buy space on digital media is currently dominated by Google, Amazon and a handful of much smaller ad tech firms. But an array of other compani...

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The Information @theinformation.com · 2d

The recent crypto crash hit traders on Hyperliquid, a fast-growing decentralized exchange, where more than $10 billion worth of trades were liquidated. Discover how: https://thein.fo/48LDFR1

Borrowed Money Fueled Crypto’s $700 Billion Sell-Off

The flash crash that rumbled across the crypto market on Friday can be traced to an unusual token that aims to track the dollar, a fast-growing exchange that allows investors to borrow heavily and spe...

thein.fo

The Information @theinformation.com · 2d

The Arm-designed CPU for OpenAI aims to do more AI computing than CPUs that currently run with Nvidia chips. The CPU is worth billions of dollars in potential revenue to Arm. Full analysis: https://thein.fo/4mW9mdv

OpenAI Is Working With SoftBank’s Arm on Broadcom AI Chip Effort

OpenAI’s development of its own artificial intelligence chip will benefit SoftBank, one of its biggest shareholders, which is also helping the ChatGPT maker develop and finance its ambitious data cent...

thein.fo

The Information @theinformation.com · 2d

With a new Series B, Reducto's total funding is $108 million. The company has burned less than $8 million in two years and still holds more than $100 million in the bank. Full story here: https://thein.fo/4qbeVaQ

The Startup Using AI to Translate Documents Into Data

If you’ve ever uploaded a picture of a receipt to an expense report or read a PDF of a book online, you’ve likely used optical character recognition, a decades-old technique that converts images of ty...

thein.fo

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The Information @theinformation.com · 2d

Together AI is looking to expand its GPU cloud presence outside the U.S. and has discussed working on data center facilities in Saudi Arabia in partnership with the country's AI push company, Humain. Read the full story: https://thein.fo/4nTrsyi

The Race to Rent Out Nvidia Chips in the Cloud Intensifies

Demand for Nvidia’s artificial intelligence chips has spawned half a dozen multibillion-dollar cloud providers that buy the chips, install them in data centers and rent them out to OpenAI and other AI...

thein.fo

The Information @theinformation.com · 2d

Today's revenue growth is masking tomorrow's profitability challenges. Massive outlays on chips and data centers will increase depreciation expenses in 2025, directly reducing operating profit for cloud giants. See the details: https://thein.fo/3KSwtsa

Why Cloud Profits Are Collapsing in the Chip Arms Race

The AI boom is fueling massive cloud revenue growth, yet the true financial story is defined by a deep, hidden vulnerability: the staggering cost of specialized AI chips. This imbalance is creating a ...

thein.fo

2

The Information @theinformation.com · 2d

Exclusive: Microsoft leaders worried that meeting OpenAI’s rapidly escalating compute demands could lead to overbuilding servers that might not generate a financial return. Learn more: https://thein.fo/3KR94Yc

Why Microsoft Let OpenAI Play the Field

Over the past three years, as OpenAI swelled from a tiny research lab into the world’s most valuable startup, one company has captured nearly all of its billions of dollars in annual spending on the s...

thein.fo

2 5

The Information @theinformation.com · 2d

Exclusive: Anthropic has hired former bankers and venture capitalists, including two since May, to staff a corporate development team reporting to CFO Krishna Rao. This team prefers smaller acquisitions, suggesting deals worth $500 million or less. Full details: https://thein.fo/4o0JfUo

Anthropic Gets Ready to Go Startup Shopping

OpenAI has spent roughly $6.4 billion in stock to buy three startups over the last 16 months, while its smaller rival Anthropic has done barely any deals. But Anthropic, recently valued at $170 billio...

thein.fo

The Information @theinformation.com · 3d

A technical glitch at Binance prevented traders from stepping in to buy Ethena’s USDe at a discount during the sell-off, causing its price to fall to 65 cents. Read the full analysis: https://thein.fo/48LDFR1

Borrowed Money Fueled Crypto’s $700 Billion Sell-Off

The flash crash that rumbled across the crypto market on Friday can be traced to an unusual token that aims to track the dollar, a fast-growing exchange that allows investors to borrow heavily and spe...

thein.fo

The Information @theinformation.com · 3d

AI is fueling a sharp divide over generated broadcasts. While some leagues license legendary sportscasters' voices for personalized highlights, others wonder if fans will miss listening to the original, human call of the game. Our takeaways: https://thein.fo/491ATqH

Sports Braces for a New Referee: AI

About halfway through a panel discussion at The Information’s first-ever sports business event this week, Bill Schlough, chief information officer of the San Francisco Giants, asked our capacity crowd...

thein.fo

The Information @theinformation.com · 3d

Recent deals with OpenAI expose Nvidia, Broadcom, and AMD to the risk that the AI firm's projected $115 billion cash burn through 2029 could impact its ability to meet commitments.

See the specific risks each firm faces: https://thein.fo/3KVlZsb

Nvidia, Broadcom and AMD Face New Risks From OpenAI Deals

The deals keep coming for semiconductor firms and OpenAI. In the past month, Nvidia, Advanced Micro Devices and Broadcom have each reached very different agreements to supply chips to OpenAI. The arra...

thein.fo

The Information @theinformation.com · 3d

A major new threat for e-commerce brands is AI search tools like ChatGPT and Perplexity, which have already decimated traffic to some websites. Optimizing for AI search is now critical. Find out more: https://thein.fo/4ogo0gS

E-Commerce Startups Are Back From the Dead

Lately, venture capitalist Ben Lerer has found himself experiencing a bit of déjà vu: Once again, there’s a whole nest of thriving e-commerce startups worth his attention. When I reached him a couple ...

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The Information @theinformation.com · 3d

Watch Now: The Information’s TITV

Oracle tries to ease AI margin worries; A deep dive inside the AI Rollups boom; Apple and F1 reach a 5-year media deal; and the growth of youth sports apps.

Tune in on https://thein.fo/4n9ultq or on The Information App.

TITV: Tech News Live Every M–F @ 10a PT / 1p ET

Watch TITV. Today's breaking tech & finance news featuring exclusive reporting and expert voices from industry insiders. Watch live weekdays at 10a PT / 1p ET, or see our previous recordings.

thein.fo

The Information @theinformation.com · 3d

The data center capacity OpenAI announced in recent weeks with its AI chip partners would cost more than $1 trillion to build, based on current large data center development prices. Details here: https://thein.fo/4mW9mdv

OpenAI Is Working With SoftBank’s Arm on Broadcom AI Chip Effort

OpenAI’s development of its own artificial intelligence chip will benefit SoftBank, one of its biggest shareholders, which is also helping the ChatGPT maker develop and finance its ambitious data cent...

thein.fo