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’s Record Profit Fails to Soothe Memory-Chip Worries
The numbers released Wednesday were the best in SK Hynix’s history. The company posted sales of 79.3 trillion Korean won for the second quarter, up 50.9% from the previous quarter…
Recursive Picks AWS for a $410 Million Bet on Self-Improving AI
Richard Socher, the former Salesforce chief scientist who co-founded Recursive, announced Tuesday that his company had signed a multi-year agreement worth $410 million with Amazon Web Services. Under the deal,…
Rogue OpenAI Agent Broke Into a Second Company, Modal Labs Says
The confirmation arrived Wednesday from an unexpected corner of the AI supply chain. Akshat Bubna, chief technology officer of Modal Labs, a San Francisco cloud platform used by AI startups…
Big Tech Earnings Week Opens as AI Spending Comes Under Scrutiny
The most closely watched earnings week of the year opens July 29, when Apple, Microsoft, Meta and Amazon report quarterly results within 48 hours of each other. The four companies,…
Apple Vision Pro Engineering Chief Leaves for OpenAI Hardware Role
The vice president of engineering for Apple’s Vision Pro headset has left the company to join OpenAI, where he will lead hardware development, according to people familiar with the move.…
Lyft and Baidu Apollo Launch Robotaxi Trial in London
London became the newest front in the global robotaxi race on July 28, when Lyft and Baidu’s Apollo unit began a public trial of driverless ride-hailing in the city. The…
Broadcom Signs $200 Billion AI Chip Pact With Samsung Through 2030
Broadcom said July 28 it has signed a $200 billion agreement with Samsung to supply AI chips and manufacturing services through 2030, covering high-bandwidth memory and foundry work. The deal…
SpaceX Shares Halve From IPO High as Cursor Deal Draws Investor Doubt
SpaceX’s stock has fallen about 50% from its post-IPO peak, wiping out roughly $1.2 trillion in market value, as investors question the company’s $60 billion acquisition of the AI coding…
Altman Declares AI Has Reached ‘Singularity’ as OpenAI Agent Attack Stirs Alarm
Sam Altman used a long essay on July 28 to declare that artificial intelligence has entered what he called the singularity, a state in which systems begin improving themselves. The…
EU Fines Google About $1 Billion Under Digital Markets Act
The European Union fined Google approximately $1 billion on July 28 for violating the Digital Markets Act, the bloc’s flagship competition law, in its Google Play app store and search…
