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
Samsung Plans Over $72 Billion Shareholder Return Program
For decades, investors in Samsung Electronics groused about the same thing: the company hoarded cash, paid modest dividends and seemed allergic to the kind of buybacks that U.S. tech giants…
Stripe to Buy AI Model Platform OpenRouter for About $7.5 Billion
A startup founded in 2023 that routes developers’ AI requests across hundreds of models is being absorbed into the payment company that already processes much of the internet’s commerce. Stripe…
AI Chip Startup Fractile in Talks at $6.5 Billion Valuation
Anthropic wants to buy about $250 million of chips from a London startup most people have never heard of. That order is now at the center of one of the…
OpenAI Works to Restore ChatGPT Signup and Login
For several hours on Aug. 20, the front door to the world’s most popular AI chatbot was locked. Users began reporting problems with ChatGPT’s registration and login systems in the…
Nvidia in Talks to Back AI Data Supplier Mercor
The training data that powers Nvidia’s open-source model ambitions may soon have a new financial backer: Nvidia itself. The chip maker is in talks to invest in Mercor, an AI…
Nebius Plans $4.5 Billion Convertible Bond Sale
Nebius, the AI cloud company led by Yandex co-founder Arkady Volozh, is borrowing against its own stock to build data centers it says it cannot build fast enough. The company…
Marvell and Google Expand Custom-Chip Pact
The warrant is dated Aug. 18: Google may buy up to 58.97 million shares of Marvell Technology at $206.58 each, a document that ties the chip maker’s stock to the…
Etched Raises $700 Million at $21 Billion Valuation
The first rack of Etched computers sits in a Jane Street data center, running inference workloads for the trading firm that just led the AI chip startup’s latest funding round.…
Amex GBT Agrees to $6.3 Billion Take-Private by Long Lake
Four years after riding a blank-check boom onto the New York Stock Exchange, the world’s largest corporate travel company is heading back into private hands. Long Lake Management agreed to…
Maryland’s Digital Ad Tax Falls in Court, Handing Google and Apple Refunds
Maryland’s tax court ruled Tuesday that the state’s digital advertising tax is invalid, ordering refunds for the companies that paid it, including Apple, Google and the streaming service Peacock. The…
