Meta’s Muse App Climbs the US Charts as the Company Buys an AI Startup
Meta’s personal AI agent app reached second place on Apple’s US download charts within two days of launch, an early sign that the company’s push into standalone AI apps has…
Saudi Fund Weighs Folding EA Into Its Games Unit
The Saudi sovereign fund bought Electronic Arts outright last month. Now it is weighing whether to fold the publisher into the games company it already owns. Saudi Arabia’s Public Investment…
Nasdaq Takes $100 Million Stake in Kraken’s Parent
The stock exchange and the crypto exchange are no longer just neighbors in the same sentence. Nasdaq said on Thursday that its venture arm will invest $100 million in Payward,…
Pentagon in Talks on $5 Billion Loan to AI Cloud Firm Fluidstack
The loan would come not from a bank but from an office inside the Defense Department that most of Wall Street has never heard of. The Pentagon is negotiating a…
UAE Pledges 40 Billion Euros of Investment in Germany
The president of the United Arab Emirates arrived in Berlin this week carrying a number the German government was happy to repeat: 40 billion euros. Sheikh Mohamed bin Zayed Al…
Amazon Puts Its Ads Inside ChatGPT and Turns Prime Video Into a Store
Amazon made two moves on September 10 that push the same idea from opposite directions. It agreed to place advertisers’ campaigns inside ChatGPT, and it expanded the shopping features of…
OpenAI Turns ChatGPT Into a Junior Analyst for Wall Street
OpenAI released on September 10 a version of ChatGPT built for finance, and it recruited two of the firms that will compete with it to help design the thing. ChatGPT…
Researchers Go Public With a Case for Slowing the AI Race
The safety debate moved from internal channels to the open internet this week. Between September 9 and 11, a string of current and former researchers at OpenAI and Anthropic posted…
Microsoft Plans to Triple Data Center Capacity to 38 Gigawatts
Bloomberg reported on September 10, citing people familiar with the plans, that Microsoft intends to expand its global data-center capacity from roughly 12 gigawatts today to more than 38 gigawatts…
Adobe Hands the Top Job to Chakravarthy as Narayen Steps Back
The earnings call carried two announcements, and the second one will outlast the first. Adobe reported record quarterly revenue on Thursday, and in the same call its chief executive of…
