xAI Pushes Grok Into GitHub Copilot While Deepfake Suits Mount
SAN FRANCISCO — Two days after releasing Grok 4.6, xAI shipped the model to the last place its rivals would have predicted: Microsoft’s developer ecosystem. On Aug. 14, Grok 4.6…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
European Central Bank Warns an AI Market Correction Is Coming
FRANKFURT — The blog post was written in the careful, hedged language of central bankers, but its message was direct: the market for AI assets has gotten ahead of itself,…
Wispr Raises $280 Million as Voice Becomes AI’s Next Interface
SAN FRANCISCO — The pitch to investors was short: keyboards are a bottleneck. Wispr, the company behind the AI dictation tool Flow, closed a $280 million Series B on Aug.…
Anthropic’s Revenue Surge Sets Up a Fall IPO Story
The documents that reached Bloomberg reporters this week describe a company growing faster than any of its public peers. Anthropic, the artificial-intelligence startup behind the Claude chatbot, told investors in…
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…
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…
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…
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…
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…
