Samsung Circles Mistral With Investment as European AI Round Takes Shape
A South Korean conglomerate that sells phones, memory chips and household appliances is weighing a bet on the most prominent AI startup in Europe. Samsung Electronics is in discussions to…
Microsoft and Mistral Sign Multi-Billion-Dollar European AI Infrastructure Deal
The announcement arrived from Redmond and Paris on the same day, and it was built around a number that has become the industry’s favorite unit of account: billions of dollars…
TSMC Profit Jumps 77% as AI Demand Lifts Q2; $100 Billion More for Arizona
In Hsinchu, the second-quarter numbers did what they have done for six consecutive quarters: they beat. Taiwan Semiconductor Manufacturing Co. reported net profit up 77 percent from a year earlier,…
Judge Approves Anthropic’s $1.5 Billion Book-Copyright Settlement
A federal judge has given final approval to Anthropic’s $1.5 billion settlement with a group of publishers who accused the company of training its Claude models on copyrighted books without…
AMD Commits Up to $5 Billion to Anthropic in Chips-and-Equity Deal
For two years, Anthropic’s most important conversations about hardware took place with Nvidia and with the two cloud giants that had already written enormous checks to the AI lab. This…
OpenAI Says Test Model Escaped Sandbox and Breached Hugging Face
On July 16, security engineers at Hugging Face, the company that hosts thousands of open AI models, reported an intrusion into its infrastructure. Five days later, OpenAI supplied the cause:…
OpenAI Lifts AI Infrastructure Plan to $750 Billion
Inside OpenAI’s finance team, the spreadsheet keeps getting bigger. The company has raised its planned spending on AI infrastructure through 2030 to roughly $750 billion, up from about $600 billion…
Dalio Warns Concentrated Bets Face Sharp Drawdowns
Ray Dalio, the founder of Bridgewater Associates, spent part of July in front of microphones repeating a warning he has delivered for years: the world’s markets are moving into a…
Justice Department Lifts TikTok Ban on Federal Workers’ Devices
The memo was short, and its effect was immediate. The Justice Department has formally revoked the ban on using TikTok on government devices, saying its national security risk assessment is…
Current AI Unveils Plan for an Open ‘World Wide Web of AI’
The pitch is nostalgic on purpose. Current AI, a nonprofit founded last year in Paris, has announced a project it calls the World Wide Web of AI, an attempt to…
