SpaceX’s Billion-Share Lockup Expiry
Roughly 1 billion SpaceX shares come out of lockup on August 6, according to Motley Fool and Yahoo Finance, in what will be the largest overhang since the company’s public…
Microsoft’s 200-Euro Bet on Game Hardware
The price of an Xbox Series X rose by as much as 200 euros in Europe and the UK on August 1, according to Video Games Chronicle, as Microsoft stopped…
Qualcomm’s Bet on a Compiler, Not a Chip
Qualcomm said it has completed its acquisition of Modular, the AI infrastructure company behind the Mojo programming language and the MAX inference engine, according to HPCwire. The deal, announced in…
Uber Builds Its Own Robotaxi Web
Uber has spent the past year assembling its own autonomous-driving ecosystem through a string of partnerships and investments, and its relationship with Waymo has grown strained in the process, according…
Korea’s Chip Exports Cross $40 Billion Again
South Korea’s chip exports topped $40 billion for a second consecutive month, according to data released on August 1 and reported by Tech Times, as the country’s semiconductor industry rode…
Amazon Lifts AI Spending as AWS Growth Accelerates
Amazon.com Inc. shares rose more than 9% in after-hours trading Thursday, a relief rally that followed a second-quarter report showing the company’s cloud unit growing faster than Wall Street expected…
Apple’s Record June Quarter Meets a Cool Reception
The numbers were among the best of Tim Cook’s tenure. Apple Inc. reported record revenue and profit for its June quarter Thursday, with iPhone sales up 22% and Mac sales…
Microsoft’s $450 Billion Surge Resets the AI Trade
The day after Microsoft Corp. reported earnings, its stock climbed by more than the entire market value of most companies. Shares rose enough to add about $450 billion to Microsoft’s…
Anthropic Lines Up $15 Billion for Texas Data Center as Google Backs the Build
Data center developer Nexus Data Centers is raising about $15 billion for a Texas project built around Anthropic, according to people familiar with the matter, with Google providing guarantees and…
NVIDIA Nears Deal to Back $500 Billion in OpenAI Data Centers
NVIDIA Corp. is in talks to provide financing guarantees for OpenAI’s roughly $500 billion data center program, with the chip maker potentially backing as much as $250 billion of the…
