The Information

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We founded The Information in late 2013 with a simple idea: write deeply reported articles about the technology industry that you won't find elsewhere. Since then, we've moved markets, gotten the early scoop on billions of dollars of acquisitions and told you what's happening deep inside companies like Apple, Facebook and Google. Our articles have been followed by the Wall Street Journal, the New York Times, Bloomberg and other major outlets thousands of times. How we compete is simple. We recruit the best reporters, give them the freedom to write about important topics and tell them not to worry about the small stuff. Source

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Scope National
Language English
Country United States of America
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SK Hynix’s US Listing Will Be a Focal Point This Week

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By Martin Peers Verified
| The Information Verified
Tech IPOs are definitely getting more interesting. On the heels of last week’s debuts by Bending Spoons and Lime, this week we’ve got South Korean memory chip giant SK Hynix, which is expected to list on the Nasdaq on Friday, adding to its existing South Korean stock exchange listing. Hynix will raise money as part of the Nasdaq listing, making investor reception to the offering another indicator of the IPO market’s strength.
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Tesla expands Robotaxi service to Miami

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By Grace Kay Verified
| The Information Verified
Source: The Information Tesla said it rolled out its Robotaxi service in Miami on Friday, according to a post from its social media account on X. It’s the fifth city the automaker has launched its ride-hailing service as the company continues to expand its self-driving efforts alongside rivals like Waymo and Zoox. Waymo launched its autonomous vehicle service in Miami in April, while Zoox has said it is currently testing in the area.
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Walmart’s Amazon-Sized Ads Opportunity

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By Catherine Perloff Verified
| The Information Verified
Walmart isn’t generally thought of as an advertising business, but the retail giant now makes more money selling ads than small social media firms like Snap or Pinterest do. And judging by the growth of its ad business in recent years, along with its acquisition of companies aimed at bolstering that business, it’s positioned to become an even more important presence in the industry. Walmart’s ad revenue hit nearly $6.4 billion in fiscal 2026, ending Jan. 31, the company has said.
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Alex Karp, Open Source AI and a Neocloud Heyday

| The Information Verified
Welcome, Weekenders! In this newsletter: • The Big Read: Pickleball is the past—the tech elite is obsessed with padel. • Plus, an Americana-themed batch of Recommendations—our weekly pop culture picks: “The Americans,” “East of Eden,” “High Desert Daydream,” “Lonesome Dove,” USA vs. Belgium, and “The Twilight Zone.” The year’s midpoint is an apt moment for some studied reflection, and I’ve been thinking about how much has changed in the last six months. In January, the Reflecting Pool was blue.
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Pickleball Is the Past. The Tech Elite Is Obsessed With Padel

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By Jemima McEvoy Verified
| The Information Verified
Back in 2023, Matias Gandulfo and Lucas Tepman set out to build the first club in San Francisco devoted to padel, a racket sport that combines elements of tennis and squash. It originated in Mexico and is popular in their native Argentina, attracting millions of players. But potential California landlords for the club thought they were nuts: No way would padel take off in America, too. The two eventually found a space to conduct their experiment: a former airplane hangar on Treasure Island.
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Alibaba Bans Employees From Using Claude

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By Juro Osawa Verified
| The Information Verified
Source: The Information Alibaba Group has banned employees from using Anthropic’s Claude Code, and asked them to remove all Claude models from their work computers, according to two employees with knowledge of the matter. Alibaba told some employees Friday that the ban is due to security concerns about Anthropic, after a recent controversy over Claude Code’s hidden code that was capable of tracking whether the user is in China and affiliated with a Chinese lab, according to the employees.
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Kuaishou Announces Kling AI Video Unit’s Fundraising at $15 Billion Valuation

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By Juro Osawa Verified
| The Information Verified
Source: The Information Kuaishou Technology said its Kling AI video unit has reached an agreement to raise nearly $3 billion at a pre-money valuation of $15 billion, as the Chinese social media giant taps outside investors to fund the unit’s rapid growth. After the completion of the fundraising, Kuaishou will hold a 68.33% equity stake in Kling, according to the company’s regulatory filing.
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Nvidia and the Neocloud Gold Rush

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By Martin Peers Verified
| The Information Verified
Hands up if you’ve got a neocloud going up in your backyard! I’m joking, of course, but it almost feels like some people must be putting AI chip servers in their gardens, given the rush of people wanting to start a neocloud business. (That’s the tech world’s term for firms that rent AI servers to others.) SoftBank on Thursday announced the creation of a U.S. neocloud venture, joining hundreds of other firms now crowding the sector.
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Freshfields’ Anthropic Win; A Squeeze of Lime Returns

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By Cory Weinberg Verified
| The Information Verified
A British law firm has scored a big win: a role in the Anthropic initial public offering, expected to raise tens of billions at a valuation of more than $1 trillion. Anthropic’s bankers have brought on U.K. law firm Freshfields to work on the IPO, according to people familiar with the matter.
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Palantir CEO Says Some U.S. Government Customers Switched to Open Source AI

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By Phoebe Liu Verified
| The Information Verified
Like other software leaders these days, Palantir CEO Alex Karp is on a mission to convince businesses they need a trusted intermediary between their wallets and Anthropic or OpenAI, rather than dealing directly with the two AI firms.
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The Information Journalists

Bratton, Laura
Dean, Jason
Drew, Rocket
Efrati, Amir
Fried, Sydnee
Gehan, Ann
Holmes, Aaron
Hornstein, Julia
Kay, Grace
Lessin, Jessica
Liu, Phoebe
Mandaro, Laura
Mann, Jyoti
Marcus, Amy Dockser
Mazzilli, Meredith
McEvoy, Jemima
McLaughlin, Kevin
Muppidi, Sri
Osawa, Juro
Palazzolo, Stephanie
Pau, Valida
Peers, Martin
Perloff, Catherine
Plummer, Todd
Ramaswamy, Anita
Roddan, Michael
Rosen, Andrew
Rosenberg, Eli
Schwartz, Leo
Tilley, Aaron
Troitino, Christina
Vallese, Zach
Warburton, Jena
Wayt, Theo
Weaver, Erin
Weinberg, Cory
Wingfield, Nick
Woo, Erin
Yang, Jing
Yang, Joyce
Yang, Yueqi