The Information

Inference is becoming the revenue engine of AI. UBS’ Tim Arcuri says the industry has shifted from training models to putting them to work: “We're seeing massive increases in inference tokens and inference equals revenue. And this is the real scaling of AI.” “Inference is the story moving forward because that is the production of AI.” Supported by UBS

Wafer, a year-old inference provider that uses both Nvidia and non-Nvidia chips, turned down acquisition offers to raise $40m in new funding at a $200m+ valuation. Marathon Management Partners and Chemistry VC co-led the round. For more, check out this morning's AI Agenda: https://lnkd.in/e-8qv-B9

Nvidia wants to own more of the AI infrastructure stack—and that could put more pressure on Broadcom. New Enterprise Associates (NEA) partner Mustafa Neemuchwala discusses Nvidia’s $3.5B investment into MediaTek: "Nvidia's mindset will continue to be that they're going to own everything in the system." "Nvidia is the lion in the ecosystem. Even Broadcom, even the great Broadcom, is a cheetah…”

Is AMD catching up to Nvidia performance? Wafer CEO Emilio Andere explains his experience: "AMD, if you optimize the software correctly, can actually run at similar performance than Nvidia.” Read more: https://thein.fo/4cqJrIK

What can curb social media addiction? BeReal. U.S. Managing Director Ben Moore proposes a simple alternative: "The real solution… bring back a finite feed, a feed that ends after you're done, you know, checking on your friends"

Will AI really let businesses replace their accounting software? Xero CEO Sukhinder Singh Cassidy argues there’s much more to accounting software than the application itself: "If you want to maintain all that infrastructure yourself, knock yourself out. We're going to keep doing it privately, securely."

The Information | TITV | September 01, 2026 The Information’s TITV is first in tech news and analysis from the people that break and shape the story. The rest is just commentary. Watch every weekday at 10 am PT/ 1 ET on The Information.com, App, YouTube, X—and on demand wherever you get your podcasts.

Today on TITV: -Wafer CEO Emilio Andere on its $40M Series A at a $200M valuation -Nvidia invests $3.5B in MediaTek Convertibles | Mustafa Neemuchwala, Partner at New Enterprise Associates -The VC arguing for raising less and building software | Phin Barnes, Co-Founder of The General Partnership 📺 Tune in at 10 am PT / 1 pm ET on https://thein.fo/4xcl9d6

Why are Macs so good at running AI locally? "They have this thing called unified memory, where the memory on the chip is shared between all of the parts, and that makes the process of doing AI computing very, very fast." — Aaron Tilley, Apple reporter Full story: https://thein.fo/4xqPSnn