Bill Gates Proposes Tax on Robots and Reserved Jobs for Humans
Bill Gates returned on Aug. 26 to an idea he first floated more than a decade ago, proposing that governments tax the robots that replace human workers and create a…
SoftBank Explores Up to $20 Billion Bond Sale to Refinance OpenAI Stake
SoftBank Group executives have begun talks with investment banks about a bond offering that could raise between $10 billion and $20 billion, according to people familiar with the matter, part…
Emerald AI Raises $150 Million to Turn Data Centers Into Flexible Power Users
On hot afternoons in California, when grid operators plead for every megawatt, a data center running Emerald AI’s software does the opposite of what its tenants expect: it throttles back.…
Anthropic Pitches Investors on $30 Trillion Market Ahead of Planned IPO
The pitch begins with a number that dwarfs the global economy: more than $30 trillion. Anthropic, the AI company behind the Claude chatbot, plans to tell prospective investors that its…
OpenAI Infrastructure Executive Chris Malone Departs
Chris Malone, the executive who oversaw construction of OpenAI’s data centers, has left the company, according to people familiar with the matter. An OpenAI spokesperson confirmed that Malone is no…
Former Google Researchers Raise $6.5 Million to Build an AI ‘Judge’
Rishub Jain, a former Google researcher, spent years watching AI models grow more capable and less predictable. Now he is betting that the answer is a referee: a human-machine system…
SK Hynix Union Rejects Preliminary Wage Deal
The vote was close enough to hurt. By a margin of 50.08% to 49.92%, with turnout of 93.81%, the union at SK Hynix, the world’s second-largest memory-chip maker, has rejected…
SpaceX Plans $100 Billion Space Supercomputer With NVIDIA Vera Chips
The idea of putting a supercomputer in orbit has been discussed in engineering circles for decades, usually as a thought experiment about solar power and cooling. On Aug. 25, it…
Trump Disclosed More Than 1,000 Stock Trades in June, Including a SpaceX Purchase
The disclosure, filed Aug. 24, runs to pages of ticker symbols and dates. It shows that Donald Trump completed more than 1,000 stock trades in June, a volume that would…
Amazon Raises Hardware Prices by Up to 60% as Memory Costs Bite
The price tags changed across Amazon’s hardware lineup on Aug. 21, and the increases were not subtle. Echo speakers, Fire TV devices, Kindle readers, and eero routers all cost more,…
