DOJ to Oversee OpenAI’s Green-Card Sponsorships Under Three-Year Agreement
The settlement was announced Wednesday by the Civil Rights Division of the Department of Justice, and for OpenAI it brought something the company has had in short supply on its…
SpaceX Lockup Expiry Piles Pressure on Shares After Earnings Drop
The calendar flipped to August 6, and the lockup that had kept nearly a billion SpaceX shares off the market expired at midnight. By morning, roughly 911.5 million shares held…
Meta Launches Muse Code, Entering the Coding-Agent Race
Mark Zuckerberg did the launch himself. On Wednesday, the Meta chief executive took to his social platforms to demonstrate Muse Code, the company’s new terminal-based coding agent, now in beta.…
SoftBank’s Quarterly Profit Beats Forecasts as Intel Stake Yields $8.2 Billion
When SoftBank Group’s April-June results crossed the wires on Wednesday, the headline number appeared to disappoint: net profit fell 18% from a year earlier. Then the market looked at the…
TSMC Sits on $1 Billion in Finished Apple Chips as DRAM Shortage Bites
Inside TSMC’s fabs, the work is done. The 2-nanometer chips Apple ordered are manufactured, tested and packed, worth roughly $1 billion, or about NT$32 billion. And there they sit, because…
Tesla Starts Mass Production of Megapack 3 Storage Units
The first units were rolling off the line this week, and for Tesla’s energy division the moment was a long time coming. Megapack 3, the company’s next-generation grid-scale storage product,…
Microsoft’s AI Revenue Rides on OpenAI, New Filing Shows
The number had been the subject of months of investor guessing, and a new regulatory filing finally supplied it: about $24 billion. That is what Microsoft booked from OpenAI over…
Nvidia, Ooredoo and Nokia to Build 1-Gigawatt AI Platform in Indonesia
The announcement from Ooredoo came with a number that has become the new unit of ambition in the global AI race: one gigawatt. The Qatari telecommunications group said it will…
Memory Shortage Reaches Consumers: Graphics Cards Up 20%, Qualcomm Next
MSI’s price bulletins went out this week, and the numbers were blunt: graphics cards up more than 20%, with the company blaming the cost of memory. The move followed ASUS…
Jeff Dean Leaves Google to Found Discovery Loop
Google’s shares fell 4% on Tuesday, wiping out about $186 billion in market value, after the company said Jeff Dean, the engineer who helped build its artificial-intelligence program, would leave…
