Microsoft Hands Halo to Activision in Xbox Overhaul
The notice reached staff at Halo Studios on Tuesday morning. Of the 268 roles Microsoft eliminated across its Xbox game studios, the majority were at the team responsible for Halo,…
Apple Crosses $5 Trillion as New Macs Reach Stores
The numbers landed on the same day. As Apple’s shares climbed high enough to push the company’s market value past $5 trillion for the first time, its newest computers, the…
Nvidia-Backed Iambic Files for a U.S. Listing
The drug candidate at the center of Iambic Therapeutics’ pitch to public investors is a small molecule called IAM1363, now in early-stage human trials against breast cancer and other solid…
SoftBank-Backed SB Energy Slows Its IPO
Bankers working on the listing of SB Energy spent much of last week trying to fill an order book that never quite filled. By Monday, the SoftBank-backed data center developer…
Société Générale Puts a Price on AI Cost Savings
At a capital markets day in Paris this week, executives at Société Générale did something no large European bank had managed before: they attached a specific euro figure to the…
OpenAI Backs Independent Panel to Review Its Math Advances
On August 28, OpenAI began training a new internal model. By the time the company spoke publicly about it three weeks later, the system had done something its own researchers…
OpenAI Scrambles to Answer New Consumer Agents
For months, OpenAI’s rivals had the field to themselves. xAI’s Grok Bot began shipping on August 11, giving subscribers a stable of persistent AI teammates with their own cloud computers,…
OpenAI and Anthropic Discussed a Pact to Test Each Other’s Models
The conversation began with a simple proposal: two of the world’s most advanced artificial-intelligence companies would hand each other access to their most capable systems, not to compete, but to…
Oracle Clears Legal Obstacles at New Mexico Data Center Project
The New Mexico Supreme Court handed down its ruling on what looked like a routine procedural matter, but for the engineers overseeing Oracle’s largest data center bet it was the…
Druckenmiller Sets First Seoul Visit as AI Capital Flows East
Stanley Druckenmiller, one of the most closely watched macro investors on Wall Street, will visit Seoul next week for the first time, according to the Korea Economic Daily. The chairman…
