Wall Street Is Preparing to Stop Closing
For most of a century, the American stock market has had a hard stop. At 4:00 p.m. Eastern time, the closing bell rings, the tape stops, and a trader in…
Mistral’s Answer to the Big Labs Is a Trillion-Parameter Open Model
The model has a nickname inside the company: “Le Chonk.” The name is a joke, but the ambition behind it is not. Mistral AI, the French startup that has spent…
Temasek’s Investment Chief Names the AI Trade Itself as the Market’s Biggest Risk
The warning came from a buyer, not a skeptic, and that is what made it land. Temasek, the Singapore state investment firm, has spent years pouring money into artificial-intelligence companies,…
Oura Puts Its IPO on Hold as Markets Turn Sour
The ring had momentum. Oura, the Finnish maker of the smart ring that tracks sleep and heart rate, had just introduced the Oura Ring 5, pushed its paying membership to…
IMF Adds the AI Boom to Its List of Global Risks
For the past two years, the International Monetary Fund and nearly everyone else described the artificial-intelligence boom as a force for good in the world economy: a surge of investment…
Gold, Silver and Bitcoin Fall Together as Yields Climb
Gold has spent the year behaving like the market’s most reliable refuge, and for much of the evening of October 7 it looked as though that refuge had sprung a…
Finland Halts Two Google Data Centers Over Forest Clearing
The trees came down in March, before the paperwork was done. Workers began clearing forest at Leppiniemi, outside the northern Finnish town of Muhos, months before the environmental impact assessments…
Anthropic’s Chief Took Home $18 Million Last Year
The most striking number in Anthropic’s IPO filing is not the valuation the company has floated. It is what the company pays the man running it. Dario Amodei, Anthropic’s chief…
Anduril Steps Into the Navy’s Submarine Line
The company that built its name on software and drones is about to make parts for the most complicated machine the United States Navy builds. Anduril has won a Navy…










