Crusoe Raises $3.9 Billion and Pivots to Truckable AI Factories
Crusoe began in 2018 by mining bitcoin with natural gas that would otherwise have been flared into the air. On September 17, the company that grew out of that trick…
Google DeepMind Launches an Institute, and Hassabis Proposes a U.S. AI Standards Body
Google and Google DeepMind researchers launched a new research institute on September 16, and its opening publications carry a proposal that reaches beyond research. Demis Hassabis, the DeepMind chief executive,…
Anthropic Is Quietly Building a Biology Lab to Make Its Own Drugs
Anthropic is doing more than selling tools to drugmakers; it is setting up to do the drug discovery itself. The AI developer is advancing a biology laboratory of its own,…
OpenAI Brings Astra to Law Firms With a 230-Million-URL Legal Index
OpenAI is selling its most capable model to the legal profession. On September 17 the company released Astra for Law, a product that pairs GPT-6 Astra, its strongest system, with…
Warren Buffett Steps Down as Berkshire Hathaway Chairman
Warren Buffett stepped down as chairman of Berkshire Hathaway on September 18, closing the formal handover of a company he has led for six decades. Buffett, who is 96, will…
Nokia Extends Microsoft Deal, and Its Stock Climbs
Nokia’s shares jumped more than 7 percent intraday on September 17, touching $10.86 at the high, after the Finnish equipment maker said it would deepen its partnership with Microsoft and…
OpenAI Is Said to Be Close to Solving Another Millennium Prize Problem
OpenAI appears to be closing in on another of the hardest problems in mathematics. The company is close to solving the Hodge Conjecture, one of the seven Millennium Prize Problems,…
Nvidia’s Huang Says Next Year’s Chip Sales Will Roughly Double
Jensen Huang put a number on his company’s trajectory. The Nvidia chief executive said on September 17 that the company expects to sell roughly twice as many chips next year…
OpenAI Hires SpaceX’s Brian McCarthy to Lead Global Sales
OpenAI has turned to SpaceX for the executive who will run its sales force. The company has hired Brian McCarthy as vice president of global sales, according to reports, bringing…
CoreWeave Raises Debt and Plans a Stock Sale to Fund More Chips
CoreWeave moved on both sides of its capital structure on September 17. The AI cloud provider said it would sell $3 billion of convertible senior notes due in 2033 in…
