The Information's TITV

@theinformationstitv · Podcast

Latest segments

• Binance's $6.3B heist, 2026-10-30
  Interviews a reporter on the frozen funds
  Interviews The Information's crypto reporter and a Predicate co-founder on the $6.3 billion Binance hack: the compromised engineer's laptop, a likely North Korean state actor, Circle and Tether freezing addresses within about 40 minutes, and the roughly $3 billion still exposed after freezes.
• Amazon Q3 earnings preview, 2026-10-30
  Previews Q3 with a Wells Fargo analyst
  Works through Amazon's Q3 print with a Wells Fargo analyst: the Prime Day shift explains the retail deceleration, advertising lags Meta, and Trainium is framed as internal inference capacity, with external sales not expected until late 2027.
• Intel's weak Q4 guide, 2026-10-30
  Breaks down the guide and foundry losses
  Moorhead walks through Intel's quarter: the 25% opening drop, the substrate and memory shortages, the weak Windows PC market, the Fab 28 accident and the foundry losses behind the no-free-cash-flow-in-2027 guidance. He expects data center to stay strong and TSMC to favor AMD.
• Anthropic's $2T IPO slip, 2026-10-29
  Walks through how a banker reads lab S-1s
  A UBS AI banker walks through how she reads frontier-lab S-1s: gross margin first, then free cash flow and burn, with a caveat that margin definitions differ between labs. The Anthropic filing is the peg, not the subject; no new figure or filing detail.
• Biohub's $1.8B data push, 2026-10-29
  Details the 12-month embargo for funders
  Puts the Chan Zuckerberg Initiative's president on the record about how the $1.8 billion collaboration is structured: $500 million from CZI, a 12-month data embargo for commercial funders who spend $100 million for access to several hundred million dollars of data, and first novel datasets expected within 12 months.
• OpenAI to buy Google TPUs, 2026-10-28
  Interviews analysts on OpenAI buying Google TPUs
  Interviews two analysts about The Information's scoop that OpenAI plans to buy Google TPUs and Oracle's move to offer TPUs to its cloud customers. Frames it as Google entering the merchant TPU market against NVIDIA, weighing inference cost against CUDA's developer base, and predicts neocloud consolidation when supply outpaces demand.
• Robinhood Q3 earnings, 2026-10-28
  Interviews the CFO on event contracts outpacing crypto
  Interviews Robinhood CFO Shiv Verma on the Q3 print: 12% revenue growth, event contracts up six-fold, crypto down 55%. Verma details dynamic event-contract pricing, margin ranking across equities, crypto and event contracts, and the in-app AI agents with their guardrails.
• Microsoft AI buyouts, 2026-10-27
  Reports buyout unease and cost-cut talk
  Reporter segment on the buyout offer: employee unease, the expectation that fewer than 20,000 will accept, and talk of 20% cost cuts in units like Azure. It retells the offer and stays inside the reporting already on the record.
• DoorDash-Instacart talks, 2026-10-27
  Breaks down the $17 billion scoop
  Valida Pau walks through her scoop: the $17 billion price, Instacart's fall from a $39 billion 2021 valuation to a roughly $12 billion market cap, and why the 2021 talks died on antitrust. She argues this regime may accept divestitures, and says an announcement could come as soon as tomorrow.
• Broadcom's $63B chip financing, 2026-10-27
  Explains the SPV chip financing structure
  Brings on Gil Luria and Dakin Campbell to walk through the two financing structures: SPVs raise the debt, the AI companies lease the chips, and the debt stays off the debt line. Flags that Citigroup and Bank of America still have to syndicate the Broadcom debt and that buyers are not yet assured.
• Anthropic's $2T IPO slip, 2026-10-26
  Frames Anthropic versus OpenAI on models
  Brings on Mercor's Edward Hu for a technical read on where Anthropic's models stand against OpenAI, framed around the S-1. He says Anthropic found its stride in enterprise coding while OpenAI started consumer, and that the two zigzag release to release. Opinion and framing, no new development in the filing.
• Anthropic cuts discounts, 2026-10-26
  Details the discounts that pulled Replit
  Brings on the reporter behind the pricing story to detail how OpenAI's discounts pulled Replit: a 30 percent discount on a sizable contract, against Anthropic's demand for a higher spending commitment. Adds the size of the discounts and the speed of the switch.
• Anthropic's $2T IPO slip, 2026-10-26
  Walks the S-1 with two CFOs
  Walks the S-1 with two CFOs: trailing twelve-month GAAP revenue of $19.7 billion, Q2 revenue of $11.6 billion up 1,400%, and revenue per employee above $6 million. Puts estimated gross margins at around 40%, below the near-50% figure already on the record, and notes roughly a third to 40% of compute contracts are cancelable.
• Anthropic's $2T IPO slip, 2026-10-26
  Announces the S-1 and Nasdaq listing
  Opens the episode by announcing the S-1 drop and the Nasdaq listing under ANT, then previews the segments to come. A short setup that restates what the filing already put on the record.
• SB Energy IPO delay, 2026-10-23
  Explains why December is a narrow IPO window
  Turns to SB Energy's IPO timing after the prospectus filed in early September, with managing editor Laura Mandaro explaining why December is a narrow window and why Anthropic's offering is the timing proxy. Notes the private market, NVIDIA included, is still funding these companies.
• AI-found PHP flaws, 2026-10-23
  Frames the PHP scramble as credential hygiene
  Interviews 1Password's CEO about the PHP scramble two days in. He says patches are still rolling out and frames the week's incidents as a credential-hygiene problem, with standing access the ticking bomb as the cost to attack falls toward zero.
• Legora's $550M round, 2026-10-22
  Interviews the founder on the $550M round
  Interviews Max Junestrand about the round and the growth behind it: $200 million ARR, about 2,400 customers, a 75% win rate in evaluations and 17 models under the hood. A founder's retelling of the raise, with the PHP flaw handled in passing.
• Tesla Q3 metrics, 2026-10-22
  Interviews an analyst on the Optimus delay
  Interviews Morningstar's Seth Goldstein on Tesla's quarter: flat revenue, positive free cash flow, and a more capital-efficient AI build. He expects Tesla to delay the Texas Optimus plant and lays out the strategic case and China regulatory risk of a Tesla-SpaceX merger.
• AI-found PHP flaws, 2026-10-22
  Reports the briefings to CISA and the NSA
  Brings on the reporter behind the defender's-window column and reports that OpenAI and other groups briefed CISA, the NSA and the Superintelligence Task Force, including Emil Michael and Jay Clayton, on the PHP flaw late last week before the response was mobilized this week.
• AI-found PHP flaws, 2026-10-22
  Walks the patch timeline and the funding gap
  Reporter Aaron Holmes walks through the PHP flaw's timeline: discovery in August, OpenAI reporting the same day as Calif, and a patch that took over a month because the PHP Foundation says it is under-resourced. Adds the foundation's own explanation for the delay.