Education software maker Anthology files for bankruptcy, listing $1B to $10B in both assets and liabilities after its Blackboard merger debt became unmanageable — Anthology Inc., the Veritas Capital-backed education-software provider, sought Chapter 11 bankruptcy protection in the US …
Jaguar Land Rover secures £2B from banks as “a liquidity backstop”, on top of a £1.5B UK government loan, and aims to resume manufacturing after its huge hack — UK carmaker plans to resume manufacturing this week following month-long shutdown
OpenAI launches its first extended ad campaign for ChatGPT featuring three 30-second cinematic ads with a focus on everyday AI use cases in the US and the UK — After running a Super Bowl commercial last February, OpenAI is now launching its first extended brand campaign for ChatGPT …
Singapore-based Neptune Robotics, which makes robots to clean the underside of giant ships, raised $52M and aims to use AI to help clean ~150 ships per month — Neptune Robotics, which makes robots that clean the underside of giant ships, raised $52 million to accelerate its artificial intelligence-fueled global expansion.
A look at AI-powered “nudify” tools, which make it fast and easy to make nonconsensual, deepfake porn, and the limited legal options available to their victims — In June of last year, Jessica Guistolise received a text message that would change her life.
Experts warn that Nvidia's large investments in data centers and startups, almost like a stimulus program, could be artificially inflating demand for its GPUs — Even by the standards of one of the most prodigious dealmakers in tech, the past month or so has been a head-spinning one for Nvidia's Jensen Huang.
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search — Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other.
Sources: Apple is ramping up efforts to source manufacturing machinery in India, essential for making iPhones locally, and is working with around 17 suppliers — Around 17 companies have directly started working with Apple in India for capital equipment and tools over the last 20-24 months and the number is only expected to go up
An interview with California state Senator Scott Wiener on his new AI safety bill SB 53, the bill's scope, his focus on AI safety bills, AI PACs, and more — This is not California state senator Scott Wiener's first attempt at addressing the dangers of AI.
Checkout.com announces an employee share buyback at a $12B valuation, up 30% from $9.35B two years ago yet below $40B in 2022, and says an IPO isn't a priority — Checkout.com is allowing employees to sell some of their shares back to the firm at a $12 billion valuation …
OLX Group, an online marketplace owned by Prosus, agrees to acquire La Centrale, a French auto classifieds platform, for $1.3B in cash, expected to close in Q4 — Prosus NV-owned OLX Group BV is buying French online auto trader La Centrale for €1.1 billion ($1.3 billion) to expand its business into Western Europe.
Google Pay and PhonePe accounted for 80% of India's UPI transactions in Aug. 2025, down from 85% a year ago, as smaller players like Navi and BHIM gained ground — The race for Unified Payments Interface (UPI) market share is heating up, with smaller fintechs ramping up volumes and pushing …
WeTravel, whose travel payments software is used by group travel operators, raised a $92M Series C at a ~$450M valuation, up from ~$100M in 2022 — WeTravel, a travel payments software company, raised $92 million in Series C funding, CEO Ted Clements tells Axios.
UK's National Crime Agency says it's arrested a man in connection with a cyberattack that has caused days of disruption at Heathrow and other European airports — A person has been arrested in connection with a cyber-attack which has caused days of disruption at several European airports including Heathrow.
Spotify reinstates integration with third-party DJ software for Premium subscribers in 51 markets, including the US, after pulling support in 2020 — Budding mixmasters can create sets from pre-existing playlists. — Spotify just announced integration with popular DJ software platforms like rekordbox, Serato and djay.
Michael Moritz says Trump's “H-1B caper will backfire” and shows the “fragile grasp” Trump and his acolytes have of what makes the US tech sector so successful — The move shows how slender a grasp the president has of what makes the American economy so successful
London-based Fnality, which lets banks transact in a digital cash asset backed with funds at the Bank of England, raised $136M led by BoA, Citigroup, and others — Fnality International Ltd., a UK-based blockchain-payments company, has raised $136 million in a funding round led …
Auterion, which provides autopilot and swarming software for military drones, raised $130M led by Bessemer at a $600M+ valuation, says it has ~$100M in revenue — Auterion, a startup that provides software to military drones, has raised $130 million to expand its operations abroad …
A look at the Nvidia-OpenAI deal, where Nvidia will invest in $10B tranches; sources say OpenAI informed Microsoft about the deal a day before it was signed — ABILENE, Texas - Sam Altman had a deadline. OpenAI's CEO was headed to Texas to unveil his company's next big infrastructure push …
Cardless, which lets Coinbase and others launch co-branded credit cards, raised $60M and projects annualized revenue will grow from $15M now to $150M by Q2 2026 — Cardless, a co-brand credit-card startup, raised $60 million in fresh venture funds to add features and build programs with name-brand clients …
The GSA adds Meta's Llama to its list of approved AI tools for US federal agencies, after previously approving Microsoft, Google, Anthropic, and Open AI's tools — U.S. government agencies will be able to use Meta Platforms' (META.O) artificial intelligence system Llama …
Low prices, available land, and cooler weather are driving the data center boom in the Nordics, which have 1.5 GW of capacity live and 7.5 GW in the pipeline — Nordic power companies stand to win big from Europe's data-center boom, as cool weather and lower power prices entice more mega-projects northward.
A review of Tim Berners-Lee's new book This is for Everyone, while his startup Inrupt, which aims to commercialize the Solid web protocol, struggles to scale — The World Wide Web inventor criticises the ‘rage bait’ of algorithms and social media — and advocates tighter user control of personal data
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
