The investing frenzy in data centers that the AI boom sparked has created a bargain-hunting opportunity—in everything but AI assets.AI has pulled investors’ attention away from unglamorous assets in sectors like transportation and waste management over the past few years, as they have poured ...

Nearly two-thirds of The Information’s subscribers surveyed last month said their organizations develop AI applications, and a third of subscribers said they receive a return from AI that is a “multiple of what we spend.” The result suggests enterprises have made some progress since the ...

The U.S. government is limiting Microsoft’s ability to sponsor visas for certain immigrant workers, Vice President J.D. Vance said Thursday, citing an “ongoing investigation” into claims that Microsoft laid off Americans while continuing to hire more immigrants. Vance said immigrants who work for Microsoft with H-1B visas will no longer be allowed to apply for permanent residency in the U.S.

Mathematicians are likely feeling the kind of anxiety that software engineers have experienced for months in the wake of OpenAI release on Tuesday of a whopping 722 research papers with AI-created solutions to a range of problems across math subjects.AI’s success solving ultra-difficult math ...

Earlier this year, officials at Mississippi electric utility Entergy had some worrisome news for Amazon: It was going to have to start kicking the company’s Mississippi-based data centers off the grid during peak times to ensure it could support other customers, according to two people with ...

Last month, Zach Dell, son of billionaire Michael Dell and cofounder of Base Power,a billion-dollar battery startup, was gabbing with podcaster David Senra when Senra asked him which of his investors have been the most helpful to him. Dell’s three-year-old company has many prominent backers, ...

Mike Kubzansky, the former CEO of philanthropic investment firm Omidyar Network, is launching a group for large investors that will facilitate information sharing about the AI industry to foster more trustworthy practices, he told The Information. The investor network, called Andaris, is backed by about $25 million in initial funding. While existing networks such as the Council of

The parent company of Manus, the AI agent startup that recently separated from Meta Platforms, said Thursday that it has raised more than $500 million in a new funding round. Butterfly Effect said in a social media post on WeChat that the funding round was led by new investors Boyu Capital and IDG Capital. Its existing investors Tencent, HSG and ZhenFund also participated in the round. The

A new age of discovery and automation is here. Can you feel it? The leading AI companies certainly can. But you may not.The rare slow news day gave us more time to marinate on the significance of OpenAI’s late-breaking announcement on Tuesday that its unreleased AI model had solved or made major ...

Amazon laid off hundreds of people in its retail division today, a spokesperson confirmed. “We’ve adjusted parts of our Stores business because we believe this structure will better enable us to deliver on our priorities,” a spokesperson said, adding Amazon is always looking at its team structures as it looks for ways to innovate for customers. “As part of these changes, we’ve made the

Sriram Krishnan, who advised President Donald Trump on AI policy before leaving the White House in June, is raising a venture fund that is targeting about $500 million to invest in growth- and later-stage AI companies, The Information reported. Krishnan would be the sole general partner. The firm plans to focus on U.S.-based AI companies in areas such as national and cyber security, and to

The U.S. Treasury Department said on Wednesday it had fined the parent company of startup accelerator Plug and Play Tech Center, the first penalty issued under an outbound investment restriction program targeting China’s tech sector. California real estate company Amidi Group was fined $200,000 for failing to notify Treasury of a Chinese subsidiary’s investment into Noematrix, a Shanghai-based

Sriram Krishnan, a key AI adviser to President Donald Trump who left the White House in June, is raising an AI-focused venture fund, according to three people familiar with the matter. The fund will target raising around $500 million to invest in growth- and later-stage companies, the people ...

Microsoft on Wednesday unveiled updates to Windows software and hardware that will allow Windows PCs to run more AI models locally, which the company said would bring down the cost of using Copilot and other AI agents for customers. The new announcements are part of Microsoft’s effort to make its Windows operating system and Surface devices more appealing to developers using AI models for

In AI circles, conversations about compute shortages are as common as talk of the weather. As agentic workflows threatento multiply token consumption further, it’s little wonder that talk has shifted from securing GPUs to optimizing them. At a recent panel, The Information’s Phoebe Liu sat down ...

Elon Musk announced on Tuesday night that SpaceX’s AI unit will now use some AI models from competitors to power Grok Bot, signaling a shift away from relying exclusively on models developed in-house. “Going forward, @SpaceX will use the best back end model for any given task, including Claude Opus 5.5, MidJourney, Suno and other leading APIs. Whatever is most likely to give you the best

Ashish Kumar, a former AI lead for Tesla’s Optimus humanoid robots, has co-founded a startup developing non-humanoid robots that handle a variety of tasks that would normally be done by highly skilled workers in industries such as manufacturing and aerospace, according to two people with direct ...

This July, Nvidia caught wind of a looming takeover of OpenRouter, a three-year-old startup that had emerged as a popular marketplace for AI models, including many cheaper open-source ones. Databricks and Stripe had already been talking to the startup about a potential sale. Nvidia was late to ...

Anjney Midha, a former general partner at Andreessen Horowitz, and former executives at Google, Apple and Nvidia have launched a company that aims to make it easier and more affordable for smaller companies or startups to access such compute. The move comes as Microsoft and other cloud providers have diverted server stockpiles to their internal teams or bigger customers . To do so, the new

SpaceX, the AI and rocket company led by Elon Musk, is seeking to raise $40 billion to buy Nvidia chips in a financing round led by Apollo Global Management, the Financial Times reported on Tuesday. The deal is expected to close in 2027 and consist of around $10 billion in bank loans and $30 billion in investment-grade debt, according to the FT. SpaceX has been ramping up its AI spend,