Anthropic Nears a $15 Billion Credit Line Ahead of Its Expected IPO
The banks that will take Anthropic public appear to be the same banks that are lending it money first. Anthropic is close to finalizing an expansion of its revolving credit…
The Same-Day Outage at Three of AI’s Best-Known Services
On the same afternoon, three of the most widely used AI services in the world stopped working. ChatGPT, operated by OpenAI, Claude, operated by Anthropic, and Grok, operated by xAI,…
Thinking Machines Seeks More Than $1 Billion at a $40 Billion Valuation
A year ago, Thinking Machines was a seed-stage startup with a famous founder and no product to speak of. Now it is raising money at a valuation among the most…
A BASF Unit Sues Apple Over Face ID Patents in Texas
The technology that lets an iPhone owner unlock the device by looking at it is now the subject of a patent fight in a Texas federal court. trinamiX, a subsidiary…
Hugging Face’s Chief Defends the Nvidia Deal to the Community
The day Nvidia announced it would buy Hugging Face for $12.93 billion, the loudest questions came not from Wall Street but from the platform’s own users, the millions of developers…
Adobe Names Anil Chakravarthy Its Next Chief Executive
Shantanu Narayen has run Adobe for nearly two decades, through the company’s transformation from packaged software to subscriptions and its re-invention around generative AI. On December 1, he will hand…
OpenAI Sets a Higher API Price for GPT-6 Astra
OpenAI’s newest flagship model does more than its predecessor. It also costs more. The company said it is pricing GPT-6 Astra’s application-programming interface at $10 per million input tokens and…
Saudi AI Firm Humain Seeks a $2.5 Billion Fund for Data Centers
The Kingdom of Saudi Arabia has spent years buying artificial-intelligence capacity from abroad. Now one of its own companies wants to build the financing machinery to create it at home.…
OpenAI Agents and the German Wiki They Edited 15,000 Times
For weeks this spring, a small German wiki for programmers carried a conversation that none of its human owners started. DseWiki, a volunteer-run reference site, was being edited over and…
TSMC Keeps HBM on Microbumps as Hybrid Bonding Slips
The message went out to suppliers in recent weeks: keep the development lines pointed at microbumps. TSMC, the world’s largest contract chipmaker, has decided to hold off on investing in…

Yelp Sends an Agent to Make the Call
Meta Fixed Its Glasses and Didn’t Say What Broke
Japan’s First 3-Nanometer Line Comes With a Capacity Caveat
HSBC Asks What a Data Center Contract Is Worth
The Order Book Outruns the Assembly Line at ABB
Intel Asks the FCC for Permission to Keep Its Factory Robots Running
Oracle and AstraZeneca Attack the Slowest Step in Drug Development
Anthropic Buys the Company That Kept Data Encrypted While It Was Used
The Paper Fortune Inside Eric Schmidt’s Anthropic Stake
JPMorgan Puts a Number on the Banks’ CoreWeave Problem








