The Information daily tech news digest

The Information’s TITV: Tech news and analysis. Every weekday at 10 am PT / 1 pm ET. Now streaming → → Oct 27, 2026 The Information AM Supported by Save 25% on an annual subscription to read the most important news about technology and business first. For even more, Save $250 on The Information Pro for unlimited access to our proprietary org charts, databases and surveys. Happy Tuesday! DoorDash is in advanced talks to buy Instacart for around $17 billion. SpaceX agrees to pay $40 billion to lease chips from Apollo. Nvidia invests $3 billion in Meta as the two companies deepen their AI partnership. Read more briefings 1. Nvidia Invests $3 Billion in Meta in Deeper AI Partnership By Juro Osawa Source: The Information Nvidia will invest $3 billion in Meta Platforms’ equity offering, as the two companies expand their technological collaboration to maximize the performance of Meta’s Muse personal agent app and foundation models. Meta plans to expand its deployment of Nvidia’s advanced Vera Rubin AI hardware and Vera central processing units to drive maximum performance for its next-generation AI agents, the companies said. The expanded partnership focuses on making Meta’s AI products run more efficiently on Nvidia’s hardware, improving the inference and training of Meta’s Muse agent and underlying models. The Muse agent, released in September, serves as a central pillar of Meta’s consumer AI strategy. The tech giant has also stepped up its effort in foundation models, with the recent release of its new flagship model, Muse Wonder Full, which demonstrated top-tier performance on some benchmarks. 2. Anthropic S-1 Highlights Rising Payment Costs By Yueqi Yang Source: The Information Anthropic said its expenses in payment processing fees increased by $222 million in the first half of this year from the same period a year ago, highlighting the surging costs of processing AI-related payments as the company grew. The increase, highlighted as a driver in Anthropic’s overall growth in operating and administrative expenses, was bigger than the company’s $205 million increase in professional services costs and nearly matching Anthropic’s $223 million increase in IT and cloud software costs over the same period. Vendor costs related to data quality and performance evaluation services rose by $251 million over the period, Anthropic said. Processing fee totals normally rise along with sales, but the figures shed light on some of Anthropic’s major costs outside of its AI infrastructure. Anthropic uses Stripe’s products for checkout, fraud detection, invoicing and billing. Stripe has emerged as a major payment vendor for AI companies, which helped drive Stripe’s revenue to $6.8 billion last year. But Anthropic is looking to build more billing, fraud detection and other financial infrastructure in-house and evaluating which payments-related services it can build itself rather than relying on outside providers, recent job postings show. 3. Anthropic Founders Say They Will Keep Claude Free of Advertising By Alix Coutures Source: The Information Anthropic’s seven founders said they are committed to keeping Claude free of advertising. Claude’s only incentive is to give people helpful answers, they said in a letter included in their IPO prospectus Monday. “Once advertising becomes part of a company’s revenue targets, the pressure to optimize for engagement tends to grow,” the founders said. “We have chosen not to introduce that pressure into Claude.” The pledge distinguishes the company from OpenAI. Unlike Anthropic, it started as a consumer chatbot and grew quickly as nonpaying users tried ChatGPT. OpenAI expects advertising to be a significant source of revenue in the coming years. Anthropic has used this difference to take jabs at rival OpenAI. In February it ran Super Bowl spots that ran with the tagline “Ads are coming to AI. But not to Claude.” The pledge doesn’t stop Anthropic from being a big ad buyer itself