Altman Says OpenAI Won’t Go Public This Year
When the Fortune editor asked Sam Altman whether he felt pressure to move faster because of the IPO, his answer cut the other way. “We’re not rushing into an IPO,”…
Anthropic Courts Nvidia as Cornerstone Investor for a $2 Trillion IPO
Anthropic, the AI lab that has spent years casting itself as the cautious rival, is now preparing the largest initial public offering in history. Reuters reported on September 11 that…
Amodei Lays Out a Three-Step Plan to Slow the AI Race
Dario Amodei did not ease into it. The Anthropic chief executive opened his essay with a confession about what finally pushed him to write: one company’s AI agents had broken…
Aschenbrenner’s Fund Returns to Options After a Summer Collapse
The fund that nearly came apart in July is placing new bets on the same AI-infrastructure thesis, this time with options. Situational Awareness, the hedge fund run by Leopold Aschenbrenner,…
Kalshi Moves to List Single-Stock Perpetual Contracts
The product was born in crypto and is now heading for the stock market. Kalshi, the prediction market operator, plans to ask US regulators for permission to list perpetual contracts…
Intel’s Altera Prepares a Confidential IPO Filing
The chipmaker Intel has been shedding assets to raise cash for its turnaround, and its programmable-chip subsidiary is next in line. Altera is preparing to file confidentially for an initial…
Positron AI Raises $875 Million With a Bet Against Scarce Memory
The chip startup is gambling that the most expensive part of an AI server can be designed around. Positron, an AI inference chip company, said on Friday it raised $875…
Universal Music Licenses Its Catalog to ElevenLabs
The record industry spent two years suing the companies that let people make music with AI. On Thursday, the world’s largest label chose a different route for itself. Universal Music…
Apple Splits Its iPhone Launch Into Two Seasons
The detail that analysts kept returning to on Wednesday was the phone that did not appear. Apple’s September 9 event introduced the iPhone 18 Pro, the Pro Max, and the…
Memory Prices Reach Consumers as Micron Hands Out Record Bonuses
The bonus is the size of a career. Micron has told employees in Taiwan they will receive payments of up to 68 months of salary, according to a CNBC report…
