Chip Stocks Shed a Trillion Dollars While Investors Buy Triple-Exposure Funds
The selling in semiconductor shares wiped about a trillion dollars from the sector’s market value, and the money moving into single-purpose funds that magnify the same sector’s daily moves has…
Anthropic Hands an Outside Evaluator Employee-Level Access to Its Systems
Anthropic said on October 16 that it has given an outside evaluator the kind of access it normally reserves for its own employees, an arrangement the company described as a…
Ramp Raises $1.85 Billion at a $60 Billion Valuation
Ramp announced on October 15 that it had raised $1.85 billion, four months after a smaller round that valued the business at a fraction of what it is worth today.…
Blackstone Builds a $200 Billion Data Center Portfolio
Blackstone has spent the past two years buying the parts of the artificial intelligence economy that sit behind the chip, and the total now stands at $200 billion. The figure…
Apple Sets an October 28 Event for Touchscreen MacBooks and M6 Macs
Apple has begun inviting journalists to a product event in Los Angeles on October 28, according to Mark Gurman of Bloomberg, who reported the invitations on X on October 15.…
Google Opens a Single Cart That Spans Retailers and Its Gemini App
Google began opening its Universal Cart to users in the United States on October 15, a feature that keeps items from different retailers in one place and follows the shopper…
TSMC Adds a Third 3-Nanometer Fab as Buyers Compete for the Same Lines
Taiwan Semiconductor Manufacturing said on October 15 that it will build another 3-nanometer factory in Tainan, with production scheduled to begin in the first half of 2028. The site will…
The Job That Came With Enterprise AI: 7,300 Openings for Forward-Deployed Engineers
The clearest measure of whether companies are actually using artificial intelligence may turn out to be a hiring line. Employers in the United States posted more than 7,300 jobs for…
Amazon Adds Two Bee Wearables and a Subscription to Its AI Hardware Line
Amazon introduced two devices under its Bee brand on October 15, betting that a wristband and a card-sized recorder can sell hardware whose only obvious feature is that it listens…
FTC Sends OpenAI and Anthropic Demands for Records on Safety and Consumer Protection
The Federal Trade Commission has demanded documents from OpenAI and Anthropic about how the two artificial intelligence developers handle safety failures and treat their users, according to people familiar with…
