AI Assistant Startup Instinct Raises $350 Million, Valued at $2.5 Billion
Noah Shinn was 23 when he founded Instinct last year, an AI assistant startup with a pitch that sounds simple and a valuation that does not: an agent that manages…
Stability AI Raises $76 Million From Record Labels and EA
The three largest record labels in the world spent years suing AI companies over their catalogs. On Tuesday they put money into one. Stability AI, the London-based company best known…
Thinking Machines Co-Founder Barret Zoph Joins Google DeepMind
The résumé has been through more than most in the AI industry: OpenAI, where he worked on frontier models; the founding of Thinking Machines Lab with Mira Murati; and now…
Salesforce Shares Jump 13% on Earnings and Anthropic Tie-Up
The shares had been written off by a chorus of bears who argued that artificial intelligence would hollow out the software industry, that customers would stop paying for seats when…
Anthropic Signs $45 Billion Compute Deal With Nscale
Bloomberg first reported it, Reuters confirmed it, and by midday Thursday the figure had become the talk of the AI infrastructure world: Anthropic has agreed to lease computing power worth…
AWS Commits to Two Million More Nvidia GPUs
The announcement arrived in the middle of Nvidia Corp.’s earnings call, a few sentences from Amazon’s cloud division that rewrote the day’s narrative. Amazon Web Services will add another two…
Nvidia in Talks to Buy Hugging Face in Deal Valued Above $13 Billion
The term sheet has been circulating for weeks, and on Thursday the numbers hardened. Nvidia Corp. is in advanced talks to acquire Hugging Face, the Paris-based platform where developers download…
HP Profit Rises on Tariff Refund as PC Shipments Slip
The line item sat near the bottom of the release, easy to miss: eleven cents of HP Inc.’s adjusted earnings per share came from tariff refunds. Strip that out, 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








