AMD Overtakes Nvidia as Top Holding in $45 Billion Chip ETF
A $45 billion semiconductor exchange-traded fund completed its quarterly rebalancing and emerged with AMD as its largest holding, replacing Nvidia at the top of the portfolio. The shift, disclosed in…
Anthropic in Talks With Meta to Lease $10 Billion in GPU Capacity
Anthropic is in early talks to lease GPU computing capacity from Meta in a deal valued at roughly $10 billion over two years, according to a report from MLQ and…
Microsoft Trains Sales Teams to Pitch Against OpenAI and Anthropic
Microsoft is training thousands of sales representatives to sell Azure AI alongside its own models, and to steer customers toward questioning the cost-effectiveness of OpenAI and Anthropic, according to internal…
Databricks Raises Strategic Round at $188 Billion Valuation
The round was confirmed quietly, the way Databricks has done these things since it stopped needing to shout. The company, which sells software that helps enterprises organize data for AI,…
Facebook and Instagram Go Dark for Two Hours in Meta’s Worst Outage of the Year
Just after midnight on Sunday, the feeds stopped. Facebook users trying to refresh saw error screens; Instagram opened to blank timelines. Within minutes, complaints were flooding DownDetector, and on X,…
TSMC Adds $100 Billion to U.S. Plans, Lifting Total to $265 Billion
The White House made it official on Thursday: TSMC will pour another $100 billion into American semiconductor manufacturing, on top of the $165 billion it had already pledged, for a…
Apple Names Ternus Chief Executive; Cook Stays as Chairman
The announcement arrived in a week that gave Apple four storylines at once. John Ternus, the hardware engineering chief who has become a fixture on Apple’s product launch stage, was…
ASML Raises 2026 Outlook and Expands Capacity as AI Demand Strains Lithography
ASML Holding NV raised its revenue forecast for 2026 and outlined plans to expand production capacity after reporting second-quarter results, a move Reuters said should ease worries that shortages of…
Founders Fund Hires Former OpenAI Executive, Signaling Talent War Reaches VC
Founders Fund, the venture firm co-founded by Peter Thiel, has hired Ryan Beiermeister, a former OpenAI executive, to its investment team, according to TechCrunch. The move is the latest sign…
Intel and Alphabet Earnings Set Up as Referendum on AI Spending
Intel Corp. and Alphabet Inc. report earnings next week, and investors are treating the two results as the first real test of whether the money flooding into artificial-intelligence infrastructure is…
