Founders Fund Hires Former OpenAI Executive, Signaling Talent War Reaches VC
Founders Fund, the venture firm co-founded by Peter Thiel, has hired Ryan Beiermeister, a former OpenAI executive, to its investment team, according to TechCrunch. The move is the latest sign…
ASML Raises 2026 Outlook and Expands Capacity as AI Demand Strains Lithography
ASML Holding NV raised its revenue forecast for 2026 and outlined plans to expand production capacity after reporting second-quarter results, a move Reuters said should ease worries that shortages of…
Micron and Qualcomm Team Up on AI Chips for Cars
Micron Technology Inc. and Qualcomm Inc. have signed a cooperation agreement to develop AI-driven automotive chipsets, Reuters reported, pairing the world’s largest memory maker with the dominant supplier of chips…
TSMC Posts Record Quarter, Adds $100 Billion to Arizona Bet
The numbers came out of the earnings call in Taipei first. Taiwan Semiconductor Manufacturing Co. reported net income of 706.6 billion New Taiwan dollars, about $21.9 billion, for the second…
Anthropic Lines Up Credit, Blackstone Venture Ahead of IPO
The paperwork is piling up in the banks’ deal rooms. Anthropic is in talks with lenders about a multi-billion-dollar credit facility, according to people familiar with the matter, the kind…
NVIDIA’s Japan Deal Builds a National AI Factory on Rubin Chips
The stage was set in Tokyo, and the setting was unusual even for NVIDIA. Chief executive Jensen Huang appeared on July 16 alongside Japan’s trade minister, Ryosei Akazawa, to announce…
Apple’s AI Finally Clears China’s Regulators, With Help From Alibaba and Baidu
The wait lasted two years. Apple Intelligence, the iPhone maker’s suite of generative AI features, has been approved by China’s Cyberspace Administration for launch in the country, according to people…
EU Orders Google to Open Android and Search Data to AI Rivals
Brussels acted on Thursday, and the order was sweeping. The European Commission issued two legally binding specification measures against Google under the Digital Markets Act, forcing the company to give…
Microsoft Turns Its Sales Force Against OpenAI, Google and Anthropic
The training sessions have a new script. Microsoft is instructing its global sales teams to push the company’s own Copilot AI models over products from OpenAI, Google and Anthropic, according…
OpenAI’s First Gadget Is a $230 Keyboard Built for AI Agents
The device looks like a prop from a science fiction film set. Codex Micro, OpenAI’s first consumer hardware product, is a compact desktop keyboard with a row of programmable keys,…
