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
SK Hynix Shares Flash-Crash Again on Nextrade, KOSPI Falls 4.6%
The circuit breaker tripped before the Seoul market had even opened. On Nextrade, South Korea’s alternative trading platform, SK Hynix shares plunged 30% in pre-market trading on Wednesday, triggering a…
SpaceX Lockup Expiry Piles Pressure on Shares After Earnings Drop
The calendar flipped to August 6, and the lockup that had kept nearly a billion SpaceX shares off the market expired at midnight. By morning, roughly 911.5 million shares held…
DOJ to Oversee OpenAI’s Green-Card Sponsorships Under Three-Year Agreement
The settlement was announced Wednesday by the Civil Rights Division of the Department of Justice, and for OpenAI it brought something the company has had in short supply on its…
Alphabet Returns to Debt Market With $25 Billion Bond Sale
The term sheets began moving through Wall Street syndicate desks before the trading day started: ten tranches, maturities stretching from two years to forty, and a target of as much…
Musk’s Wealth Sheds $363 Billion in One Month
Elon Musk’s personal fortune fell by about $363 billion in July, according to a report by China News Service, the steepest monthly decline for a billionaire in recent memory, as…
KOSPI Triggers Upside Circuit Breaker as Chip Stocks Rally
South Korea’s KOSPI index triggered an upside circuit breaker at the open Wednesday, surging 3.8% as memory stocks rallied, one day after the index had fallen sharply in a global…
White House AI Review Framework Exempts Open-Source Models
The White House has finished a voluntary AI review framework that requires developers of closed-source models to provide up to 30 days of review before release, while exempting open-source models…
SK Hynix’s Solidigm Weighs Nasdaq Listing After Pre-IPO Round
Solidigm, the NAND flash and SSD maker owned by SK Hynix, is raising 5 trillion to 10 trillion won in a pre-IPO funding round that values the company at about…
Nvidia Open-Sources Self-Driving Model Alpamayo 2 Super
Nvidia released an open-source model for autonomous vehicles on Monday and threw in a commercial license, a move aimed at making its software the default foundation for robotaxis and self-driving…
Samsung Widens DRAM Lead as Micron Draws Even With SK Hynix
Samsung Electronics reclaimed a 39% share of the global DRAM market in the second quarter, its highest level since 2024, while SK Hynix’s share fell to 26% and Micron Technology…
