JPMorgan Raises AI Infrastructure Spending Forecast to $5.5 Trillion
Tarek Hamid and his team of credit strategists at JPMorgan have been revising one forecast upward for seven months. On Wednesday, they did it again, lifting their estimate of what…
OpenAI Burned $3.7 Billion in the First Quarter
The documents OpenAI shared with its shareholders in recent weeks tell a story of growth and cash consumption moving in lockstep. In the first three months of the year, the…
G7 Leaders Turn AI Into a Test of Sovereignty
The working lunch at the 52nd G7 summit in Evian-les-Bains was scheduled for a single course: artificial intelligence. Around the table in the French Alpine resort sat the leaders of…
Anthropic’s Models Were Switched Off, and the Company Is Still Reeling
The letter arrived at 5:21 p.m. Eastern Time on Friday, June 12. It was from the U.S. Commerce Department, and it ordered Anthropic to stop allowing any foreign national to…
OpenAI’s 2025 Financials Show a Company Scaling Faster Than It Profits
The leaked financial document circulated through Silicon Valley on Tuesday like a piece of evidence. It showed OpenAI’s 2025 results in precise, unflattering detail: revenue of $13.07 billion and research…
Samsung’s Foundry Gains Ground as TSMC’s Capacity Runs Short
The negotiations have been running quietly for months, and on Wednesday the details began surfacing across Asia. BYD, Google, AMD, and Tesla have all been in discussions with Samsung Electronics…
DeepL Buys Mixhalo to Bring Translation Into Live Events
The scene is familiar to anyone who has attended a global conference: a speaker delivers a keynote in one language while a portion of the audience stares at phones, holding…
Microsoft’s $3 Billion Oracle Cloud Talks Collapse Over Security Rules
The negotiations had been underway for months, and by most accounts they were close. Microsoft was discussing a deal worth more than $3 billion to lease cloud computing capacity from…
When an AI Bull Market Starts to Feed on Itself
The Financial Times published a column this week asking a question that has moved from academic journals to the front pages of business sections: what happens when the AI bull…
A Google Engineer’s Warning on 10x Coding Speed
Adam Bender spends his working days inside one of the largest codebases on earth. A staff software engineer at Google, he has a message for developers that cuts against the…
