SpaceX’s Borrowing Costs Jump as Chip-Financing Talks Rattle Bondholders
The headline was about chips, and the reaction came from the bond market. After reports that SpaceX is in talks with banks and investors to borrow $40 billion to buy…
Nvidia Missed OpenRouter. Then Its Deal Machine Got Busier.
Nvidia wanted OpenRouter, and it moved too slowly to get it. Company executives told the startup’s team that Nvidia intended to make a generous offer but needed more time to…
AMD’s Su Flags a Memory Crunch and Asks Customers to Use Less
The semiconductor industry’s scarcest commodity right now is not a new chip design. It is the memory that feeds the chips. In Seoul this week, AMD chief executive Lisa Su…
Abu Dhabi’s MGX Circles OpenAI’s $30 Billion Round as IPO Slips
The price is fixed, but the list of who pays it is still being drawn up. OpenAI is raising at least $30 billion in fresh capital, and instead of handing…
Microsoft Moves a 130-Billion-Parameter Coding Model Into Windows
At a San Francisco event on Tuesday, Microsoft said it would take a model with 130 billion parameters and put it inside Windows 11 devices. The model, called MAI Code…
Microsoft Prices Its Nvidia-Backed Laptop at $2,599
For months, Microsoft’s most ambitious laptop existed mostly as a promise: a Windows machine built around an Nvidia chip, capable of running large AI models on the device itself, with…
OpenAI Probes Errors That Hit ChatGPT Users in Asia-Pacific
Early Thursday, users across the Asia-Pacific region began reporting that ChatGPT would not behave the way it usually does. Some could not load their conversation history. Others could send messages…
OpenAI Names Cursor’s Europe Chief to Run Its EMEA Sales
Ismail Elmas will run OpenAI’s sales effort across Europe, the Middle East, and Africa from an office in Munich, a job that puts him in charge of the company’s push…
AI Is Redrawing What a Corporate Board Is For
For decades, the board’s first job was to watch the people running the company. The audit committee checked the numbers. The compensation committee tied pay to performance. Independent directors spent…
A Week of AI-Assisted Breaches Puts South Korea’s Banks on Edge
The biggest disclosure came from the smallest institution. Yegaram Savings Bank, a lender few outside South Korea would recognize, told regulators that roughly 40,000 customer records had been taken. A…
