The Information

"The new ChatGPT agents have also got me wondering: How worried should other startups that are helping businesses generate presentations or spreadsheets be? Is this yet another startup extinction event?" "The answer seems to be, well, it depends." bit.ly/4nZTetu…

Figma’s IPO May Be Hot, but Its Outlook Is Murky Figma is going public in a hot market. It may not be the slam dunk investors are hoping for. Read more from @AnitaRamaswamy 👇 theinformation.com/articles/figma…

.@Box CEO @levie on why AI agents can't keep a secret. "The reason why you probably won't see a complete compression of software where it's just a an agent and a database is because there's a lot of logic in the workflow and in the the company's specific sort of business process…

"Chain-of-thought can actually hurt model performance on certain tasks due to 'overthinking.'" "Models are great at finding patterns, but when there are so many possibilities for what the unknown rule or pattern might be, they tend to overthink and end up at the wrong answer."…

"Vibe coders are mostly using Open AI’s ChatGPT, Anthropic’s Claude and Anysphere’s Cursor." "Only 12% had used Windsurf." theinformation.com/articles/infor… #aiproductivity

"Figma boasts blazing-fast sales growth: 46% in the first quarter, outshining the rest of the software industry. It has grown into a veritable cash machine." "A more realistic valuation for Figma in the offering is about $15 billion, based on comparable companies and taking…

"As part of its fundraising process in the first quarter, Anthropic told investors it will burn $3 billion this year after burning $5.6 billion last year, and it projected rapid growth to as high as $12 billion in revenue in 2026 on the strength of its market-leading AI for…

"The U.S. government’s April ban on sales of the H20 chips forced Nvidia to void customer orders and cancel manufacturing capacity it had booked at Taiwan Semiconductor Manufacturing Co." "Reversing those moves won’t be easy. TSMC’s facilities are running at full capacity, and…

Jack Hidary on AI: “The current wave...is language AI: ChatGPT, Google Gemini...but the next wave of AI now emerging this year and next year is not language AI but numbers AI." The company hopes they can help biotech companies discover new drugs or drive research into currently…

"In 2017, it formed a relationship with Toyota, which today has a hefty 22% ownership stake and nearly $1 billion invested in the startup." "Joby clearly sees the difference between success or failure residing in its partnership with the Japanese carmaker, the avatar of modern…

The Information | TITV | July 21, 2025 x.com/i/broadcasts/1…

Today on The Information’s TITV: A very special conversation with our founder @jessicalessin and CEO of Box, @levie on AI vs. Enterprise software. @theinformation financial analysis columnist @anitaramaswamy discusses the outlook on the upcoming Figma IPO. @theinformation…

"The upcoming Spreadsheets and Presentations agents represent a brand-new capability for ChatGPT." "Customers can generate and edit Excel spreadsheets and PowerPoint presentations using natural language prompts." theinformation.com/articles/opena… #artificialintelligence

"Meta has also told people it is trying to recruit that they will not lack the computing power necessary to train and run AI." "Having basically the most compute per researcher is definitely a strategic advantage—not just for doing the work, but for attracting the best people."…

AI Agenda: Where LLMs Are Falling Short A marquee AI conference highlights gaps in the technology. Read more from @Steph_Palazzolo 👇 theinformation.com/articles/llms-…

The Electric: Toyota Took a Pass on EVs. But it Has Bet $1 Billion on this Flying Car Company Joby Aviation hopes to avoid production hell by embedding Toyota, the avatar of modern manufacturing, in nearly every facet of its plant. Read more from @stevelevine 👇…

"The open banking rule goes back to laws put in place after the financial crisis. It gives consumers, not banks, ownership of their banking data." "JPMorgan is the most important bank in America today, and they’re going to set an example for everyone else." — Ethan Bloch,…

"Joby began seeking formal certification in 2018 and is now deep into the fourth of five stages of approval." "Bevirt described dealing with the FAA as “the mountain we’ve been climbing.”" theinformation.com/articles/flyin… #evtol

"We pioneered this new method where we’re basically building up these weatherproof tents and building out the networks and the GPU clusters inside them in order to build them faster." — Mark Zuckerberg theinformation.com/articles/insid… #aicapital

Windsurf Whiplash: From Abandoned by Google to Acquired by Cognition Windsurf's strong business, with $82 million in annualized recurring revenue from 350 enterprise customers, made it a prime target in the recent AI dealmaking frenzy. Explore the details:…