Exclusive: The White House won’t allow Nvidia to sell its latest scaled-down AI chips to China, a major blow to Nvidia. Read more from Qianer Liu 👇 https://thein.fo/4ooTj9D

Sierra Space is seeking about $300 million in fresh funding as it pivots from building a space plane to riding the boom in national defense spending, including for the U.S. Space Force. Full story here: https://thein.fo/3WJ7M47

VC Arek Zarowski used vibe coding to create a personal budgeting app that breaks down his and his wife's investments, spending, and income. He discovered they were spending "too much on DoorDash" after reviewing the app monthly. Read the full article: https://thein.fo/3WzN86t

The eventual OpenAI-Anthropic merger talks were thwarted by “some practical obstacles that Anthropic has raised,” including issues related to the dilution of outside investors' stakes. https://thein.fo/4hXH4id

Thumbtack CEO Marco Zappacosta sees the partnership as a way to be “in the conversation” but notes that booking services through a chat interface is currently clunkier than using a dedicated app. Full story here: https://thein.fo/3WFLnow

Just five months after being valued at $1.5 billion, Decagon's new deal discussions suggest continued high investor interest in the crowded AI customer service sector. Learn more: https://thein.fo/4hKTE49

Applied AI: Agents Can Now Haggle Prices with Software Vendors Read more from @aaronpholmes.bsky.social and Kevin McLaughlin 👇 https://thein.fo/4hWjthF

Anthropic expects demand from businesses for its AI models to be the primary driver of its explosive revenue growth. Read: https://thein.fo/49z949l

A research scientist at MIT's Media Lab argues there should be more research into the impact of emotional AI toys like the Moflin on children's brains before they hit the market, also noting privacy concerns around how much data is collected from tone of voice. https://thein.fo/4hJINHM

Watch Now: The Information’s TITV AWS Director of Technology on AI chip strategy, and a Neuralink rival raises $200M. Plus: a new social app for creator recommendations, Benable. Tune in on https://thein.fo/46MY45x or on The Information App.

Tech is making the in-arena experience frictionless, from biometric entry to mobile ordering. Clara Wu Tsai also sees it transforming player training, with motion capture and AI used in the new practice facility's biomechanics labs. Read the full story: https://thein.fo/49sLV8E

50 Most Promising Startups of 2025: Venture capital firms Sequoia Capital and Andreessen Horowitz were the most active investors in the Information 50. Sequoia led eight funding rounds, while Andreessen Horowitz led seven. Learn more: https://thein.fo/4oYwjyp

The employee stock sale for Crusoe, which involves around $120 million worth of shares, is expected to be finalized within the next week. Full story here: https://thein.fo/3Lnj4bT

Despite her contributions to the evidence, Mira Murati tried to distance herself from the Sam Altman firing in a March 2024 note to staff, saying she only gave feedback to Sam when board members reached out directly. Details: https://thein.fo/43aIBLB

AI Agenda: Why OpenAI CFO Said Uncle Sam Should Backstop Chip Financing; Databricks Co-Founder Responds to Benchmark Critics Read more from Amir Efrati 👇 https://thein.fo/4qIKB7I

The surprising rise of Polymarket—despite having no revenue, saw its valuation surge to $8 billion after the Intercontinental Exchange said it would invest up to $2 billion. Read last year’s Information 50 list: https://thein.fo/3Lg3XBb

Sierra Space Is Raising Cash in Pivot to Defense Sierra Space struggled to build a space plane for NASA—now it’s raising money in a pivot to national defense. Read more from Cory Weinberg 👇 https://thein.fo/43JUkRq

Power Crisis: Drew Baglino, former right hand man to Elon Musk, is using solid state technology to upgrade how AI data centers are powered. Read more from @sl-thepowerhouse.bsky.social 👇 https://thein.fo/4ouBE0u

Tech firms are deploying engineers to help customers with AI agents. Anthropic, AWS, Snowflake, and Salesforce are hiring forward-deployed engineers, suggesting agents aren't working out-of-the-box in complex organizations. Full story here: https://thein.fo/4nDEa3k

Decagon, the AI customer service startup, is discussing a new equity funding round from investors that would value the company at $4 billion to $5 billion. Full story here: https://thein.fo/4hKTE49

Crusoe, OpenAI's data center partner, is arranging an employee share sale that values the seven-year-old firm at about $13 billion. This is a 30% premium to a recent equity funding round. Read: https://thein.fo/3Lnj4bT

Deals: AI for customer support is red hot. Another startup in the field is in talks to raise capital at a multibillion-dollar valuation. Read more from @stephpalazzolo.bsky.social and @nmasc.bsky.social👇 https://thein.fo/4hKTE49

OpenAI's plan to turn ChatGPT into a commerce hub is dividing consumer firms. While some, like Thumbtack, have partnered to reach 800 million weekly users, others worry the chatbot could threaten their existing business. Learn more: https://thein.fo/3WFLnow

Even with a delayed IPO due to stock market volatility, Navan's revenue for the fiscal year ended this January climbed 33% to $536 million, with losses narrowing to $181 million. Read: https://thein.fo/43JFY3m

Some crypto companies are performing poorly after their IPO surges. Bullish is trading at $50, down from its first-day peak of $68, and Gemini is below its IPO price. High private valuations could exacerbate post-IPO underperformance. Learn more: https://thein.fo/47Dt9Ji

New data on The Information 50 alums: AI sales tool Clay became a unicorn with a $3.1 billion valuation, while AI search startup Perplexity raised capital at an $18 billion valuation in July. Learn more: https://thein.fo/3Lg3XBb

Exclusive: OpenAI's $13 Billion Data Center Partner Nears Stock Sale For Employees A startup developing a large data center for OpenAI is arranging a $120 million employee share sale. Read more from Anissa Gardizy, Natasha Mascarenhas and Sri Muppidi 👇 https://thein.fo/3JM72IA

Despite sitting out of major LLM companies like OpenAI and Anthropic, Benchmark’s AI bets on Sierra and Fireworks AI have helped push the value of its 2020 fund to eight times what investors initially put in. Read the analysis: https://thein.fo/47Psy8p

Businesses are lowering expectations for AI agents. Full automation of job functions is still years away, according to tech leaders. Reliability issues and unpredictable behavior are causing companies to hold off on crucial roles. Read: https://thein.fo/4nDEa3k

Ilya Sutskever’s memo to the OpenAI board cited a “pattern of lying, undermining his execs, and pitting his execs against one another” by Sam Altman, leading Sutskever to recommend “Termination.” Read: https://thein.fo/4hXH4id

Watch Now: The Information’s TITV Harvard Professor provides an AI chip analysis and we interview the founder building robots for logistics. Plus, we discuss OpenAI commerce. Tune in on https://thein.fo/46MY45x or on The Information App.

Mira Murati's information to the OpenAI board included an allegation that Sam Altman retaliated against her in "subtle" ways for giving him critical feedback. Ilya Sutskever stated, "I fully believed the information that Mira was giving me." Read: https://thein.fo/43aIBLB

ne owner, who can't have a real pet due to allergies and a small apartment, said her Moflin provides much of the same emotional support a pet would, viewing it as a way technology can "better our lives." Discover more: https://thein.fo/4hJINHM

Many VCs are using AI coding assistance for personal, non-work projects. Scott Stanford admitted he isn't trying to make Popcorn AI his next day job, focusing instead on a creative, fun venture. See how VCs are adopting the trend: https://thein.fo/3WzN86t

AI Agenda: How Anthropic’s Claude Code Helped Brex Write 80% of a New Codebase Read more from @stephpalazzolo.bsky.social 👇 https://thein.fo/3JEjyty

Of the startups on The Information’s 50 Most Promising Startups list, 20 are generating over $10 million in revenue, with four exceeding $70 million. The companies span AI, crypto, and software. Full story here: https://thein.fo/4oYwjyp

OpenAI’s Commerce and Apps Efforts Divide Consumer Firms Merchants are divided about the wisdom of selling through ChatGPT. Some worry it will hurt their business by undercutting their own apps. Read more from Ann Gehan and Catherine Perloff 👇 https://thein.fo/49mdVuP

Exclusive: Anthropic expects to become cash flow positive as soon as 2027, projecting to generate as much as $17 billion in cash in 2028. This is a shorter timeline than its rival, OpenAI. Learn more: https://thein.fo/49z949l

Private equity is transforming all sports team valuations. Clara Wu Tsai says two-thirds of NBA teams have some private equity, and the trend is playing out in the WNBA to provide liquidity without owners relinquishing control. https://thein.fo/49sLV8E

Anthropic hiked its most optimistic growth forecasts, projecting up to $70 billion in revenue by 2028, up from nearly $5 billion this year. Full story here: https://thein.fo/49z949l

This year's Information 50 spotlights startups that have raised less than $100 million and are valued below $1 billion. We found hidden gems amid high investor euphoria for AI. Read: https://thein.fo/4oYwjyp

Dealmaker: Four Venture Capitalists on How AI Has Disrupted Dealmaking How Benchmark, Kleiner Perkins and Index Partners are navigating the AI rush, from finding founders to smaller stakes. Read more from Natasha Mascarenhas 👇 https://thein.fo/3JKKqIr

OpenAI co-founder Ilya Sutskever told lawyers in a deposition that he "really did not want OpenAI to merge with Anthropic," though some board members, like Helen Toner, were more supportive. Full deposition details: https://thein.fo/4hXH4id

Introducing The Information’s 50 Most Promising Startups of 2025 From Fintech to AI to B2B Software, we've tracked the most promising startups of 2025. Special offer: Available to Annual subscribers for two weeks. Valid till 11/16. Read more 👇 https://thein.fo/4qGWjQr

Tech sentiment is mixed but improving. 42% of our readers expect tech conditions to improve in the next six months, while 25% think they will worsen. Optimism for Apple, however, spiked this month. Explore the sentiment tracker: https://thein.fo/4oebpel

Applied AI: When Good AI Isn’t Good Enough; Snowflake’s AI Agents Arrive Why some AI agents are lighting money ‘on fire.’ Also, Snowflake enters the agent chat. Read more from Aaron Holmes and Amir Efrati 👇 https://thein.fo/4nzr47b

Clara Wu Tsai credits the Liberty's recent success—a finals appearance in four years and a championship in the fifth—to her investment-led growth strategy, including signing star Breanna Stewart in 2023. What it takes to scale the business: https://thein.fo/49sLV8E

Many news publishers still lack an AI strategy and are missing out on potential revenue, according to former Meta Head of News Campbell Brown, speaking at The Information's WTF conference. Learn more: https://thein.fo/48VWeSy

While using a Model Y sedan for current rides, Tesla plans to start mass production of the two-seater, steering wheel-less Cybercab, a vehicle purpose-built for the Robotaxi service, in the second quarter of 2026. Learn more: https://thein.fo/3WPQliB

The Information 50’s Top Performers From 2024 The biggest winners from our 2024 picks? Startups in vibe coding and prediction markets. Read more from Valida Pau 👇 https://thein.fo/4qHShHt