U.S. Suspends Microsoft and Adobe From Green-Card Labor Program
The notice arrived without fanfare, and it landed on two of the most valuable companies in America. On October 8, the U.S. Department of Labor suspended Microsoft and Adobe from…
Google Gives Gemini a Job, and Waymo Borrows $5 Billion
Google spent Wednesday making the same argument twice: that its AI is ready to go to work. At a cloud event, the company showed a unified Gemini agent that takes…
SoftBank’s Son Wants $100 Billion From the Gulf for AI
Masayoshi Son has gone back to the place that funded his last big gamble. In recent weeks the SoftBank founder has been in contact with investors in the Gulf, including…
The AI Debt Pile Grows to $150 Billion and Counting
The queue for borrowed money got longer this week, and the names in it told the story. SpaceX, Broadcom and Oracle all moved within days of one another, each raising…
A Parts Maker With Nothing Left to Sell Until 2029
Michael Hurlston delivered the news from Tokyo on Friday with the cheerful tone of a chief executive who has a problem most of his peers would envy. Lumentum Holdings, the…
An AI Drug Startup Files to Go Public, With Nvidia on the Cap Table
Iambic Therapeutics, a San Diego company that uses artificial intelligence to design medicines, registered for a US initial public offering this week, in one of the first tests of whether…
A $20 Billion Gap, a Chip Selloff, and a Footnote About Accounting
The number landed Thursday and sent a jolt through the AI trade. OpenAI told investors its annualized revenue was approaching $50 billion at the end of September, about $20 billion…
Anthropic Bans Cruelty Toward Claude, and Tightens the Rules on Elections
The rule that drew the most attention is the one with the least money attached. Anthropic, in a rewrite of its usage policy published Wednesday, will bar users from subjecting…
OpenAI Raids SpaceX’s Sales Ranks a Second Time in a Month
The hiring announcement was one line, and it said less than the pattern behind it. OpenAI has hired an executive from SpaceX’s artificial-intelligence group to run sales across Europe, the…
OpenAI Adds a Cheaper, Faster Tier to Its Flagship Model
The competition in artificial intelligence has shifted. It is no longer only about who builds the biggest model. It is about who can sell a model cheap enough and fast…
