Anthropic’s Q2 Revenue Jumps 14-Fold Ahead of a Blockbuster IPO
SAN FRANCISCO — The filing landed with the Securities and Exchange Commission in June, wrapped in the confidentiality that American law grants companies preparing to go public. The number inside…
Alphabet Plans First Australian Bond Sale of A$5 Billion
SYDNEY — Bond desks across Sydney were still setting up for the week when the mandate landed: Alphabet, the parent of Google, wants to borrow in Australian dollars for the…
Hedge Funds Trade Pure Semiconductors for AI Applications in Second-Quarter Filings
The 13F filings that arrived last month describe a coordinated shift. Stanley Druckenmiller’s fund added to its positions in Amazon and AMD during the second quarter while selling or eliminating…
Harvard’s $2.2 Billion SpaceX Stake Shows Endowments Now Hold What They Once Flipped
The 13F filing that Harvard University’s endowment submitted this month listed a familiar name among its largest holdings: SpaceX. The position, valued at roughly $2.2 billion, was reported by Bloomberg…
ChatGPT’s European Free Users Will See Ads as OpenAI Opens a Third Revenue Line
The screens of millions of European ChatGPT users are about to change. Free-tier and Go-plan subscribers across the continent will begin seeing advertisements later this month, according to ppc.land, which…
Samsung and SK Hynix Head for Record $212 Billion Shareholder Payouts
The math of the memory supercycle is now visible in shareholder returns. Samsung Electronics and SK Hynix are on track to pay out a combined $212 billion this year in…
Temasek’s First Direct Stakes in Samsung and SK Hynix Lift Memory Shares
The news hit the Korean market on Friday afternoon: Singapore’s sovereign wealth fund Temasek had completed its first direct investments in Samsung Electronics and SK Hynix. The disclosure, reported by…
SK Square’s Record Profit Becomes Ammunition for AI and Chip Deals
The numbers that SK Square reported on August 14 came from a single source: SK Hynix. The investment holding company of South Korea’s SK Group posted second-quarter profit roughly 13…
Nvidia Plans $3 Billion Stake in SB Energy as OpenAI Guarantee Shrinks
Nvidia’s bet on OpenAI is changing shape. The chip maker is in talks to invest as much as $3 billion in SB Energy, the renewable-power company controlled by SoftBank, according…
PayPal Revives Sale Talks as Stock Trades Above Offer Price
On Friday, PayPal’s shares closed at $61.67. The takeover bid that a consortium put on the table in July was $60.50 a share. The market, in other words, has already…
