Hugging Face in Sale Talks at $13 Billion Valuation
SAN FRANCISCO — The first sign that something was in motion came late Sunday, when bankers who had spent the weekend working the phones declined to say who was calling.…
Super Micro Completes Export-Control Review, Clearing a Regulatory Hurdle
Super Micro Computer Inc. said Thursday that an independent investigation into allegations of export-control violations has concluded, according to the company, closing a review that has hung over the AI…
Adobe Opens Firefly Audio Tools to All Users
The waitlist is gone. Adobe Inc. said Tuesday that its Firefly generative audio tools — music, voiceover and sound effects produced by artificial intelligence — are now available to all…
Micron Says Memory Capacity Is Booked Through 2028
The order book tells the story. Micron Technology Inc., one of only three companies in the world that make high-bandwidth memory, said its production capacity is now reserved through 2028,…
Apple Cuts More Than 200 Jobs in Siri and Vision Pro Teams
The teams had been shrinking for months, and last week the reductions became explicit. Apple Inc. is eliminating more than 200 positions across the groups working on its Siri assistant…
Meta Quietly Becomes One of Microsoft’s Largest AI Customers
Meta Platforms Inc. has become one of Microsoft Corp.’s biggest AI customers, spending hundreds of millions of dollars a year to access artificial-intelligence models through Microsoft’s Azure cloud, according to…
Google Loses Four More Top AI Researchers, Shedding $186 Billion in Market Value
The departures came in quick succession last week: four of Google’s most senior AI researchers handed in notice within days of one another, according to people familiar with the matter.…
D.E. Shaw Opens $912 Million SpaceX Position, Cuts Broadcom Stake 58%
In a single quarterly filing, D.E. Shaw & Co. disclosed a brand-new position in SpaceX worth $912.4 million and a 58% reduction in its stake in Broadcom Inc., two moves…
OpenAI Backs California AI Safety Bill, Cuts Model Prices, Takes Ads to Europe
In the space of 48 hours last week, OpenAI did three things that, taken together, sketch the strategy of a company preparing to go public. It endorsed a California bill…
Anthropic Hires Google Chip Veteran Amir Salek to Build Its Own Silicon
Amir Salek spent eight years at Nvidia designing system-on-a-chip products before Google recruited him in 2013 to start its custom silicon effort from scratch. He ran the program for nearly…
