Binance.US Names New CEO
Binance.US, the American crypto platform founded and majority owned by Changpeng Zhao, said it has hired Stephen Gregory as its new chief executive officer, as it doubles down on the U.S. market. The ...
Google Completes Wiz Acquisition
Google has completed its $32 billion acquisition of the cybersecurity startup Wiz, the companies announced on Wednesday. Wiz will become part of Google Cloud, but Wiz customers can continue to use dif...
Tesla and xAI to Work Together on AI, Elon Musk Says
Tesla and xAI are working together on a joint artificial intelligence project, Elon Musk said Wednesday. The move, which comes after turnover at xAI, is the latest shift in Musk’s plan to build AI d...
Shopify CFO: Agentic Commerce Is Still ‘Very, Very Early’
Shopify Chief Financial Officer Jeff Hoffmeister said the e-commerce software company wasn’t yet seeing many transactions completed by AI shopping tools, even though shoppers are increasingly using ...
AI Cloud Company Nebius Gets $2 Billion Nvidia Investment
Nvidia will invest $2 billion in Amsterdam-based AI cloud company Nebius Group and the two companies will work together to build data centers using 5 gigawatts of energy by the end of the decade. The...
Uber to Offer Zoox Self-Driving Taxi to Riders
Uber announced it would offer the Zoox robotaxi to customers starting this year. This is the first time the Amazon-owned self-driving car company has partnered with an outside ride-hailing app. Zoox w...
What the Iran War Means for the Funding of AI
For much more on AI finance, please join me and my colleague Cory Weinberg at the New York Stock Exchange on Monday, April 27, for The Information’s Financing the AI Revolution forum. Hear from top ...
Quince Confirms New Funding Valuing Company Over $10 Billion
Online retailer Quince announced a new $500 million funding round Wednesday, more than doubling the company’s previous valuation to more than $10 billion, including the investment. The announcement ...
