Anthropic’s Fundraising Swells Past SpaceX’s $86 Billion Haul
The term sheet was already enormous. Then it got bigger. Anthropic’s latest fundraising round will raise more than the $86 billion SpaceX collected in its stock market debut earlier this…
Tim Cook’s Final Day Hands Apple to John Ternus
Tim Cook spent his last day as Apple’s chief executive the way he spent so many of the previous fifteen years: on the move, in meetings, doing the work. He…
Cloud Giants Capture Nearly Half of AI Revenue, Barclays Says
For every $100 an AI model company collects, roughly $35 to $40 flows out the door to Amazon, Microsoft and Google. That is the arithmetic at the center of a…
SK Hynix CEO Sees Memory Shortage Running to 2030
In the cleanrooms where SK Hynix etches memory chips, the machines are running flat out, and the chief executive says they will be for years. Kwak Noh-jung, who runs the…
Apple to Pay $250 Million to Settle Siri Advertising Claims
The advertisements were among the most polished Apple ever produced: a woman asking her phone to start a timer, a host asking Siri to queue up a recipe, a traveler…
AI Labs Snap Up Tens of Thousands of Macs for Agent Training
They arrive without screens, keyboards or mice, bare aluminum boxes stacked on pallets in warehouses near AI laboratories. The machines are Mac minis and Mac Studios, and OpenAI and other…
SB Energy Dangles $5.5 Billion in Warrants to Keep OpenAI as a Tenant
The filing reads less like an IPO prospectus and more like a courtship document. In the draft registration statement SB Energy submitted for its planned stock market debut, the SoftBank-owned…
AWS Puts OpenAI, Anthropic and Meta Models Inside Government Cloud
A procurement officer at a U.S. federal agency logs into a cloud console that, until recently, offered only a narrow menu of approved artificial intelligence tools. The new menu includes…
Italian Buyout Firm Nextalia Closes 1.1 Billion Euros, Shunning the AI Crowd
The fundraising memo made no mention of artificial intelligence. For Nextalia, the Milan-based private equity firm, that was the point. The firm said this month that its second flagship buyout…
AI’s Move From Chatbot to Operator Puts Productivity Claims to Work
Inside a European financial institution, a cluster of software agents now spends its working hours simulating the institution’s entire decision structure. Each agent competes with the others, filtering noise and…

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








