Of all the big tech companies investing in AI, Google and Microsoft are the best positioned to handle the growing costs of ...
The Information has a simple mission: deliver important, deeply reported articles about the technology business you won’t find elsewhere. Many of the most influential people in the industry turn to us ...
Tesla might unveil a flying car before the end of this year, CEO Elon Musk hinted on a podcast episode released Friday, without giving details. Asked by Joe Rogan for updates on the years-delayed new ...
Netflix is exploring a bid for Warner Bros. Discovery’s studio and streaming business, Reuters reported on Thursday, and has hired Moelis & Co. as an advisor. WBD last week said it had initiated a ...
Elon Musk’s SpaceX will receive $2 billion to build satellites for the U.S. government as part of President Donald Trump’s “Golden Dome” defense project, the Wall Street Journal reported on Friday.
Italian conglomerate Bending Spoons, which said Wednesday it would buy AOL, said Thursday it had raised $2.8 billion in debt and $270 million in new equity. The equity raising valued the company at ...
Nvidia is planning to invest up to $1 billion in Poolside as part of the artificial intelligence startup’s ongoing funding round, Bloomberg reported Thursday. Poolside previously developed AI-powered ...
Globalstar has talked to Elon Musk’s SpaceX and other potential suitors about buying the satellite company, Bloomberg reported. The news of the sale talks follows a report from The Information saying ...
NBCUniversal’s Peacock streaming service appears to be stalled. The service’s subscribers were flat at 41 million in the third quarter, NBCU’s parent company Comcast reported on Thursday. NBCU ...
Amazon shares jumped more than 10% in aftermarket trading Thursday, after the e-commerce giant said that Amazon Web Services revenue grew 20.2% to $33 billion in the third quarter, the fastest rate ...
Tether, the largest stablecoin issuer, said its profit has surpassed $10 billion in the first nine months of this year, making it one of the most profitable crypto companies in the world. It has also ...
A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the ...
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