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
Bezos Sells Amazon Shares in First Disposal of the Year
Jeff Bezos sold nearly $350 million worth of Amazon.com stock this week, his first sale of the company’s shares this year, according to a Form 4 filing submitted to the…
Google Reshuffles AI Leadership as Hassabis Steps Back
Google on Tuesday reshuffled the leadership of its artificial-intelligence operations, elevating Demis Hassabis to a broader role at Alphabet while handing day-to-day control of Google DeepMind to his longtime deputy,…
OpenAI Asks Judge to Throw Out Apple’s Trade-Secret Suit
OpenAI on Wednesday evening asked a federal judge to dismiss Apple’s lawsuit accusing the ChatGPT maker of stealing trade secrets, calling the complaint baseless and saying it distorted the conduct…
Palantir’s Revenue Jumps 93% as AI Demand Accelerates
Palantir Technologies shares rose as much as 16% in pre-market trading Wednesday, extending a 29% surge from the previous session after the company reported its fastest revenue growth on record…
Anthropic Pushes Toward IPO as Early as October
The banks running Anthropic’s planned listing have begun arranging meetings between the company’s executives and potential investors, according to people familiar with the matter, a sign that the maker of…
For AI Stocks, Beating Estimates No Longer Enough
Palantir’s shares jumped 29% on Tuesday, a day after the software company reported quarterly revenue up 93% and raised its full-year forecast by $500 million. Hours earlier, AMD had reported…
Tech ETFs Drew $19 Billion in July Even as Chip Stocks Tumbled
On the last Friday of July, the joke on Wall Street trading desks was that the market had decided to sell its semiconductors and buy ketchup. The Nasdaq Composite had…
Jeff Dean Leaves Google to Found Discovery Loop
Google’s shares fell 4% on Tuesday, wiping out about $186 billion in market value, after the company said Jeff Dean, the engineer who helped build its artificial-intelligence program, would leave…
TSMC Expands CoWoS Outsourcing as AI Packaging Crunch Persists
TSMC decided this week to open the most technically demanding step of its CoWoS packaging process to outside contractors, a shift aimed at easing the biggest remaining bottleneck in AI…
Zeiss Says EUV Optics Can Keep Pace With AI Demand
In Oberkochen, a town of about 8,000 in southwestern Germany, Zeiss is making room. The company’s semiconductor unit said last month that it had rebuilt part of its headquarters site…
