Anthropic’s $60 Billion Chip Deal Carries a 10% Coupon and Sets a Benchmark for AI Debt
The term sheet that reached credit investors this week carried a number more often associated with a troubled retailer than with a company selling subscriptions to a chatbot. For 60…
SoftBank Weighs an $18 Billion Bet on the Business of Guarding Data Centers
At a data-center campus outside Dallas, the overnight shift begins with a handover that has changed little in decades: a clipboard, a radio check, a walk along the fence line.…
Amazon’s Bee Adds Two Personal AI Devices Starting at $75
Amazon’s Bee released two wearable AI devices on October 15, priced at $74.99 and $99.99, the first update to the product line since Amazon acquired the company in July 2025.…
Disney Will Pay $60 Million a Year for 66 Character.AI Employees
Disney plans to pay $60 million a year in salaries to 66 employees hired from Character.AI, and has set aside a $30 million retention pool. Over three years the compensation…
CERN and Mistral Will Train a Physics Model on Collision Data
CERN already holds about one exabyte of data from the Large Hadron Collider, roughly a million terabytes of recorded collisions. On October 15 the laboratory signed a letter of intent…
Google Adds CNN to Its News Licensing Deals and Passes 400 Partners
CNN and Google signed a multiyear agreement on October 15 under which the network will provide enhanced content licensing to the company and the two will explore how generative artificial…
Britain Moves to Designate Microsoft’s Software Ecosystem for Special Scrutiny
About 20 million people in Britain use Microsoft’s business software every month. That figure is why the country’s competition regulator proposed on October 16 to designate the company’s commercial software…
A Former xAI Engineer Tells New York’s Council That Grok Shipped Without Guardrails
Devin Kim, who worked as an engineer at xAI, told a New York City Council committee on October 16 that he warned colleagues from January 2025 that Grok could help…
Germany Prepares an Industrial AI Pact With Nvidia
Around a dozen German companies, including Siemens and Audi, are preparing to join a cooperation agreement on industrial artificial intelligence with Nvidia that the federal government intends to sign, according…
Nvidia Puts a $2,599 Laptop Next to Two Open Models and Two New Partners
The price tag on the first Nvidia RTX Spark laptop is $2,599, and it buys a machine the company wants developers to run frontier models on instead of in a…
