• October 15, 2026
  • 5 views
OpenAI’s Compute Chief to Leave After a Year

Sachin Katti, the executive who oversees OpenAI’s computing supply, will leave the company next month, according to people familiar with the matter, about a year after he arrived. The timing…

  • October 14, 2026
  • 21 views
Danaher Moves Nvidia’s Chips Into the Laboratory

Inside the laboratory Danaher plans to run at Abcam, an experiment will be proposed by a model, built and tested by robots, and read by instruments whose results return to…

  • October 14, 2026
  • 21 views
Berkshire Writes a Second Check to Bending Spoons

The filing reached EDGAR at 9:18 a.m. Eastern on Wednesday. By mid-morning, the shares it described had traveled much further than the money involved. Bending Spoons said Berkshire Hathaway agreed…

  • October 14, 2026
  • 27 views
CoreWeave Wants Insurers to Fund the Next Data Center

CoreWeave has spent 2026 borrowing against its chips. Its co-founder now wants to borrow against something larger: the balance sheets of the global insurance industry. Brannin McBee, CoreWeave’s co-founder and…

  • October 14, 2026
  • 45 views
Europe’s AI Rulebook Meets Its First Two Cases

DUBLIN — Henna Virkkunen used a speech at an artificial intelligence summit here on Wednesday to describe what the European Commission’s AI Office had been doing for the past several…

  • October 14, 2026
  • 19 views
A Power Plant Built for a Single Customer

CHEYENNE, Wyo. — The generating station American Electric Power plans to build outside this city will sell its electricity to one buyer for twenty years. That contract, and the load…

  • October 14, 2026
  • 20 views
Two New York Fabs, Paid For From Tokyo

MALTA, N.Y. — This town north of Albany has been making semiconductors for more than a decade. On Wednesday it became the site of an arrangement that has rarely been…

  • October 14, 2026
  • 20 views
State Street’s Record Custody Book, a Revenue Miss

The asset figures State Street reported Wednesday were the largest in the company’s 234-year history. The revenue line was not large enough. The Boston-based custody bank said assets under custody…

  • October 14, 2026
  • 21 views
BlackRock’s $205 Billion Quarter, With a Warning About Building

Larry Fink had a message Wednesday for the local officials and candidates campaigning against data centers in their towns, and he delivered it to a television audience rather than to…

  • October 14, 2026
  • 19 views
Morgan Stanley’s Equity Desk Carries the Quarter

Ted Pick opened his remarks to investors Wednesday by pointing at a franchise rather than a forecast. Morgan Stanley’s equities traders produced $5.8 billion of revenue in the third quarter,…