OpenAI’s Busy Weekend: A Startup, a State Deal and a Browser Shutdown
On August 8, Ahmed Beshry posted a note on the NextSlide website announcing that his presentation startup was joining OpenAI. The team, he wrote, is now working on ChatGPT, continuing…
SK Hynix Weighs Exit From Its Chongqing Packaging Plant
SK Hynix is evaluating options for its semiconductor packaging plant in Chongqing, China, a facility with a book value of about $3 billion, according to people familiar with the matter.…
TSMC Revives Longtan for 1.4nm Fabs and a CoWoS Hub
The land on the outskirts of Longtan, a district in Taoyuan in northern Taiwan, spent three years as a symbol of what happens when a government refuses to accept a…
SpaceX’s Compute Ambition Draws Microsoft as Its Largest Tenant
On August 4, Elon Musk sat down for the first earnings call in SpaceX’s history and made a claim that startled even the analysts who follow the company’s AI ambitions.…
SoftBank-Backed 3D Printer Maker Formlabs Explores $500 Million IPO
Formlabs, the Massachusetts maker of desktop 3D printers backed by SoftBank, is in early discussions with financial advisers about an initial public offering that could raise roughly $500 million, according…
Intel Hires Marvell’s Jarnac as Chief Sales Officer
Intel said it has hired Dean Jarnac as executive vice president and chief sales officer, putting a 30-year semiconductor industry veteran in charge of its global sales organization as the…
OpenAI Pauses Parts of Astra Development After Model Crosses Cyber Threshold
OpenAI said it has paused some development work on Astra, its next major model, after internal evaluations found the system can independently identify and exploit software vulnerabilities in hardened, real-world…

Anthropic Prepares to File Its IPO Prospectus as Soon as Friday
Volkswagen Puts Microsoft Copilot in Front of 330,000 Employees
Moody’s Raises TSMC to Aa2, Citing AI Demand and Advanced-Node Lead
Blacksmith Reaches $1 Billion Valuation as AI Code Chokes Build Pipelines
EBay Cuts 9% of Its Staff and Says the Strategy Is Working
Automattic Cuts Staff While Its Boardroom Is Still Emptying
Bose Buys a Younger Audience and Leaves the Nameplate Alone
Walmart Opens the Door to Shopping Agents, Then Hands Them a Rulebook
A Billion Dollars for a Kernel
Legora’s $8.8 Billion Bet on Fewer Billable Hours








