Crypto exchange Coinbase is moving fast to build the infrastructure that allows AI agents to make payments, seeking a lead in the nascent market that could become a battleground for payments firms. Coinbase and Zerohash, a crypto infrastructure startup, are among the companies vying to issue a ...

War focuses attention on the present. That was very clear from a week’s worth of conversations in Washington with leaders at defense tech startups, traditional military contractors and people close to the Pentagon. Until the U.S. and Israel attacked Iran, buzz was building around startups such ...

For a little salvation, Sweetgreen co-founder and CEO Jonathan Neman has lately been looking beyond the piles of chopped romaine lettuce and maple-glazed squash that originally won his company a devoted following with the suit-and-salad lunch set in Washington, New York and Los Angeles. The ...

When companies typically go public, they appoint one or two investment banks to oversee everything—from valuing the company to lining up investors. That’s not how Elon Musk plans to handle the upcoming SpaceX giant’s initial public offering. The rocket and AI firm has discussed dividing up roles ...

Unlike London’s Wembley Stadium, with its arcing steel crown, or the University of Michigan’s Big House, cavernous and iconic, Barcelona’s Cupra Arena is easy to miss. It occupies a dockside warehouse on the outskirts of the city, unremarkable from the road, if not for the gusts of applause that ...

Shortly after Tyler and Cameron Winklevoss took their crypto exchange public last fall, they celebrated the company’s expansion in Australia with a swanky party at a greenhouse in Sydney’s Royal Botanic Garden. The Winklevoss twins appeared via video link before a DJ played for a throng of ...

The war in Iran is complicating plans by Gulf nations to spend more than $300 billion on data centers, chips and other AI investments, crimping a potential source of funding for power-hungry tech companies. Countries such as the UAEand Saudi Arabia have become big destinations for data centers. ...

As the action unfolded at the BNP Paribas Open this week, The Information gathered dozens of tech and finance leaders for two days of tennis and tech conversations on the sidelines of the conference in Indian Wells, Calif., near Palm Springs.

There are fierce battles over principles, and then there are grudge matches. In recent days, Anthropic has engaged in an extraordinary mix of both. For over a week, the AI startup and its CEO, Dario Amodei, have been locked in an intense struggle with the Pentagon over Anthropic’s refusal to let ...

When Anne Wojcicki was considering whether she should try to save her life’s work, genetic testing pioneer 23andMe, from bankruptcy last year, many within her inner circle offered the same advice. “There was no shortage of people who would come to me and say, ‘You can walk away: It’s fine,’” she ...

Weapons maker Anduril expects to roughly double revenue this year to about $4.3 billion, while its operating loss would rise by nearly half to $1.2 billion, according to confidential financial figures shared with prospective investors. The privately held company is raising $4 billion, valuing it ...

OpenAI has picked two law firms, Cooley and Wachtell Lipton Rosen & Katz, to prepare for an initial public offering that could come as soon as this year, according to people familiar with the matter. Selecting lawyers to prepare for a listing is one of the first concrete steps the ChatGPT maker ...

Not long ago, I spent a weekend writing code with Claude, Anthropic’s AI assistant. I’ve been programming for more than 20 years. I was one of the first engineers at Facebook, where I built the original search engine. I went on to become chief technology officer of Dropbox, where I scaled the ...

In 2022, Ethan Mollick, an AI researcher and University of Pennsylvania professor, found himself needing to amuse his daughter on a boring plane ride. For some help, he turned to what he knows best and began prompting Midjourney’s latest model to generate an image of an otter—his daughter’s ...

The conflict between Anthropic and the Department of Defense over how the Pentagon can use the startup’s AI has turned into a standoff. The agency has given the company a Friday evening deadline to give it unfettered access to its technology—or else becut off from working withmilitary ...

Since launching in 2020, SpaceX’s Starlink satellite internet service has quickly eclipsed its rocket launch business to become its biggest source of revenue, and, investors hope, a significant cash generator in coming years. But recent efforts to maintain user growth have increasingly turned ...

The tech world is a realm that enjoys obsessing over the newest things: the vibe coding apps, the orchestrating agents, the driverless cars. It also enjoys modernizing the very ancient. The latest example: saunas, which are believed to have existed in some form or another since the Stone Age. ...

In Silicon Valley, some quests for the fountain of youth have most definitely won the backing of tech’s leading names. Sam Altman, OpenAI’s CEO, personally invested $180 million to launch Retro Biosciences, which is working on ways to rejuvenate aging cells. CoinBase’s Brian Armstrong co-founded ...

Four years ago, right around the time the concept of the metaverse became fashionable, I wrote a post calling it a “dystopian nightmare.” I argued that instead of diving into virtual worlds, we should all do more to connect with the real world around us. Time will tell if the metaverse will ...

When the tech elite begin tossing around words like “paradise,” “superpower” and “nuclear bomb,” it’s a pretty good indication that Silicon Valley is going through another vibe shift. Just such a moment is happening now—with the industry’s machers obsessively pouring themselves into using the ...