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
Tesla and SpaceX Merger Talk Returns, With a China Twist
Reports that Tesla Inc. was weighing a spinoff of its China business to clear the way for a merger with SpaceX pushed the company’s shares around this week, until Elon…
SpaceX Wins $1.6 Billion Space Force Launch Contract
The U.S. Space Force has awarded SpaceX a $1.6 billion contract covering 18 Falcon 9 missions to deploy sensing and targeting satellites by 2027, according to Reuters, the latest in…
A 24-Year-Old’s AI Fund Unwinds After July’s Selloff
The hedge fund that made Leopold Aschenbrenner the most famous 24-year-old in artificial intelligence has sold most of its public stock positions to Citadel, according to people familiar with the…
Meta Discloses $700 Billion in Spending Commitments as Shares Slide
Meta Platforms Inc. disclosed Wednesday that it has committed nearly $700 billion in future spending on AI data centers, cloud computing and related infrastructure, a figure that did nothing to…
NVIDIA Nears Deal to Back $500 Billion in OpenAI Data Centers
NVIDIA Corp. is in talks to provide financing guarantees for OpenAI’s roughly $500 billion data center program, with the chip maker potentially backing as much as $250 billion of the…
OpenAI Slashes GPT-5.6 Prices in Push for Corporate Customers
OpenAI cut prices on its GPT-5.6 line of models Thursday, reducing the cost of its Luna model by 80% and its Terra model by 20%, the company said. The cuts…
Anthropic Lines Up $15 Billion for Texas Data Center as Google Backs the Build
Data center developer Nexus Data Centers is raising about $15 billion for a Texas project built around Anthropic, according to people familiar with the matter, with Google providing guarantees and…
Microsoft’s $450 Billion Surge Resets the AI Trade
The day after Microsoft Corp. reported earnings, its stock climbed by more than the entire market value of most companies. Shares rose enough to add about $450 billion to Microsoft’s…
Apple’s Record June Quarter Meets a Cool Reception
The numbers were among the best of Tim Cook’s tenure. Apple Inc. reported record revenue and profit for its June quarter Thursday, with iPhone sales up 22% and Mac sales…
Amazon Lifts AI Spending as AWS Growth Accelerates
Amazon.com Inc. shares rose more than 9% in after-hours trading Thursday, a relief rally that followed a second-quarter report showing the company’s cloud unit growing faster than Wall Street expected…
