• August 19, 2026
  • 48 views
SK Hynix Unveils $28.6 Billion Buyback as AI Memory Boom Faces a Test

The announcement landed at 8 a.m. in Seoul, before the market opened, and for a few hours it worked. SK Hynix said Wednesday it would buy back and cancel about…

  • August 19, 2026
  • 51 views
Anthropic’s Revenue Tops OpenAI’s as the AI Rivalry Tilts

Anthropic’s second-quarter revenue reached roughly $11.5 billion to $12 billion, according to a Wall Street Journal review of financial documents, surpassing OpenAI’s $6.7 billion in the same period for the…

  • August 19, 2026
  • 45 views
Anthropic Plots Super-Voting Shares to Shield Founders Ahead of IPO

Anthropic plans to grant its chief executive, Dario Amodei, and the company’s other co-founders a class of shares with outsized voting power, according to two people familiar with the matter,…

  • August 19, 2026
  • 52 views
OpenAI Halts Frontier Training to Bolster Defenses After Cyberattack

Greg Brockman had a message for the people who build and guard OpenAI’s most powerful models: slow down. The company’s co-founder said Tuesday that OpenAI has paused large-scale frontier model…

  • August 19, 2026
  • 42 views
Samsung Raises Foundry Prices by Up to 15% as AI Demand Strains Plants

Samsung Electronics has raised prices on new orders for some of its most advanced chip-making services by as much as 15%, according to people familiar with the matter, the latest…

  • August 19, 2026
  • 40 views
Ackman’s Bet on a Stake for Everyone at Pershing Square

Bill Ackman was a few minutes into the podcast when he dropped the detail that made the clip travel. At Pershing Square, the $35 billion hedge fund he founded, even…

  • August 19, 2026
  • 47 views
Billionaires’ Exodus Tests California’s Wealth-Tax Gambit

The spreadsheet makes the rounds among California wealth managers with urgency and a touch of gallows humor. One column lists clients who have already filed change-of-residence paperwork for Nevada, Texas…

  • August 18, 2026
  • 53 views
Spotify Founder’s Neko Health Opens First U.S. Clinic in New York

The full-body scanner that has screened tens of thousands of patients in Europe arrives in New York this week. Neko Health, the health startup founded by Spotify creator Daniel Ek,…

  • August 18, 2026
  • 51 views
NASA Opens $100 Million Contract to Four Companies, SpaceX Left Out

NASA has chosen four companies, All Points Logistics, Blue Origin, Firefly Aerospace, and L3Harris, to compete for a $100 million contract covering the handling of spacecraft and rocket hardware, the…

  • August 18, 2026
  • 59 views
Nebius Swaps Gas Turbines for Fuel Cells at 300-Megawatt Data Center

Nebius, the AI cloud company, said on Aug. 17 that its 300-megawatt data center in New Jersey will run on Bloom Energy fuel cells instead of gas turbines, a switch…