The Briefing

1 day ago | theinformation.com | Valida Pau

Source: The Wall Street JournalCoreWeave is in fresh talks to buy Core Scientific, the Wall Street Journal reported, after the AI cloud provider unsuccessfully bid for the data infrastructure company a year ago. Core Scientific had a market value of around $3.7 billion as of Wednesday close, after the stock had been down 12% this year. Shares of Core Scientific have surged more than 20% after the report. Last year, CoreWeave offered to buy Core Scientific for $5.75 a share, or about $1 billion.

2 days ago | theinformation.com | Juro Osawa

The latest round of U.S. chip export controls may have curbed DeepSeek’s rise, at least for now. DeepSeek’s highly anticipated upcoming large language model, R2, may not be as quickly and extensively adopted in China as its predecessor, the wildly popular R1, due to a shortage of Nvidia server chips in the country, according to employees of major Chinese cloud service providers that offer DeepSeek’s models to enterprise customers.

2 days ago | theinformation.com | Amir Efrati

For the past three years, Microsoft has introduced a slew of new software tools, such as Copilot, by drawing on artificial intelligence developed by OpenAI. Under the terms of the software giant’s financial backing for OpenAI, Microsoft has access to the tech through 2030. The only risk was that OpenAI could move to cut off access if its board decided the AI had developed to the point where it could outsmart humans.

2 days ago | theinformation.com | Valida Pau

Source: The InformationData management software firm Rubrik is acquiring Predibase, a startup that helps companies  train and fine-tune their artificial intelligence models. Predibase, which was founded in 2021 by former Google and Uber employees, had raised over $28 million from Felicis and Greylock. The terms of the transaction weren’t disclosed, but CNBC reports Rubrik will pay between $100 million and  $500 million.

3 days ago | theinformation.com | Valida Pau

The market for initial public offerings has thawed a bit so far this year. But don’t forget about deals going the other way—software companies going private again, relatively soon after their IPOs. Bankers say they are talking to software companies that have struggled since their IPOs about going private again. Some of these boomerang stocks will be leaving the market for the second time.