AT&T Posts Steady Gains as Telecom Spending Supports AI Buildout
AT&T reported second-quarter revenue of $31.6 billion on Wednesday, up 2.3 percent from a year earlier, with adjusted earnings before interest, taxes, depreciation and amortization of $12.3 billion, up 5.2…
Blackstone Credits AI Infrastructure for 26% Jump in Earnings
Blackstone, the world’s largest alternative-asset manager, reported second-quarter distributable earnings of $1.98 billion on Wednesday, up 26 percent from a year earlier, and pointed to its artificial-intelligence infrastructure investments as…
Qualcomm Lands AI Chip Deals With Three Major Cloud Providers
Qualcomm has signed agreements to supply AI chips to three of the largest cloud-service providers, marking the company’s most serious entry into a market dominated by Nvidia, according to people…
South Korea’s KOSPI Jumps 3.7% as Chip Stocks Lead a Broad Rally
South Korea’s benchmark KOSPI index surged 3.72 percent on Thursday, its sharpest single-day gain in months, led by the country’s two largest chip makers. Samsung Electronics rose nearly 4 percent…
Intel Posts 22% Revenue Gain but Cuts Data Center Jobs
Intel reported second-quarter revenue up 22 percent from a year earlier on Wednesday, but the growth came with a round of layoffs in its data center and AI division, part…
SpaceX Prepares Starship’s 13th Flight as Short Sellers Press Their Bet
SpaceX was preparing to attempt the 13th flight of its Starship rocket on Wednesday from its launch site in Boca Chica, Texas, after engineers re-tested Booster 20, the booster slated…
Nvidia Unveils Edge AI Model and Ethernet Platform for Data Centers
Nvidia on July 22 introduced two products aimed at expanding its reach beyond the training chips that made it the most valuable company in the semiconductor industry. The first, Cosmos…
Nvidia Open-Sources Medical Simulation Framework for Robot Developers
Nvidia on July 22 released its first open-source, GPU-accelerated framework for medical physics simulation, a tool designed to help robotics teams train machines that interact with the human body. The…

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








