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
Coldcard’s Random-Number Failure
More than 1,755 bitcoin, worth about $110 million at the time, have been drained from roughly 5,000 wallets whose security was supposed to be unbreakable. The wallets were created with…
DeepX’s Fourfold Valuation Jump
DeepX Co., a South Korean designer of AI chips, has signed the first agreements in a Series D round that values the company at about 3.14 trillion won ($2.2 billion),…
Teads Takes Google to Court in New York
Teads, the advertising technology company, sued Google and its parent Alphabet in the U.S. District Court for the Southern District of New York on Aug 3, seeking economic damages and…
The Atlas Browser’s 10-Month Run
Users of OpenAI’s ChatGPT Atlas browser have about a week to export their bookmarks. OpenAI said Atlas will stop service on Aug 9, ending a product that arrived on macOS…
Apple’s $10 Billion India Run
Apple’s sales in India crossed $10 billion for the first time in the 12 months through March, according to people familiar with the matter, a double-digit gain that puts the…
Apple’s Injunction Bid in the OpenAI Feud
Apple on Tuesday asked a federal court to stop OpenAI from building AI hardware on Apple technology, widening a trade-secrets fight that began with a handful of defecting engineers and…
Claude Comes to India’s Banks
A bank in Mumbai will soon run Claude over customer records that never cross the border. Anthropic will offer local data processing for its models in India through Amazon Bedrock,…
Taiwan Memory’s Two-Day Run
On Taiwan’s stock exchange, the price boards told a different story from Seoul’s. Memory stocks rose limit-up for a second straight session on August 3, with Nanya Technology and Winbond…
Cloud Capital Spending’s $1.2 Trillion Forecast
Every time Morgan Stanley’s cloud team updates its spreadsheets, the number gets bigger. The bank now expects global cloud capital spending to reach $1.2 trillion in 2027, up 30% from…
DeepX’s $2.2 Billion Round
A Seoul-based chip designer that most outsiders had never heard of is now worth $2.2 billion. DeepX closed a new funding round at roughly four times its previous valuation, according…
