Samsung Weighs More India Capacity as Export Subsidies Grow
Apple Files for iPhone Duo as Its First Foldable Sells
Etsy Moves Against AI-Generated Recipes and Patterns
Canva Trains Its Own Image Model, Aimed at Layouts Rather Than Photographs
Arc’s Shutdown Date Turns a Browser Into a Migration Project
Rivian Buys a Small British Team to Build the Roads Its Cars Never Drive
Microsoft Closes The Garage, Leaving Its Global Hackathon in Limbo
Nscale Is Sued in Norway Over a Dismissal
Apple’s Ad Business Gets a Lift From Formula 1
OpenAI Signs a Security Pact With Poland’s NASK
Hedge Funds Shed Big Tech Before SpaceX Debut, JPMorgan Data Show
The selling started on June 5 and did not stop for a week. Across hedge fund books, positions in the biggest American technology stocks came down in size — every…
Cathie Wood’s ARK Buys $444 Million of SpaceX Stock, Sells AMD Shares
The trade ticket hit the desk before the opening bell: 3.29 million shares of SpaceX, the freshly listed rocket company, for $444 million. The buyer was Cathie Wood’s ARK Investment…
Mistral in Talks to Raise 3 Billion Euros at a 20 Billion Euro Valuation
In a glass office block near the Paris Bourse, the founders of Mistral AI are doing what they have done at every stage of the company’s life: raising money. The…
Meta’s AI Unit Draws Petition Signed by More Than 1,600 Employees
The email subject line read “Applied AI — You Have Been Selected.” There was no opt-out. Within weeks, thousands of Meta engineers and product managers had been reassigned, by fiat,…
U.S. Orders Anthropic to Disable Two Models Worldwide
Anthropic executives got the word by phone on a weekday morning: the United States government was directing the company to take its two most powerful artificial-intelligence models offline, everywhere, at…
SpaceX Stock Closes Up 19% in Trading Debut, Making Musk the First Trillionaire
The first trades crossed at 9:30 a.m., and by the closing bell the tape told a story four years in the making. SpaceX, the rocket company Elon Musk built from…
BofA Sees the Server CPU Market Quintuple by 2030
The computer chip that the AI boom was supposed to make irrelevant is having a comeback, and Bank of America has put a number on it. The server CPU market…
The SpaceX IPO Left Some Investors Waiting in the Dark
On the morning of June 12, as SpaceX shares opened 29% above their offer price on Nasdaq, an investor who had wired money into a SpaceX special purpose vehicle in…
GitHub Copilot Moves to Usage-Based Pricing
On June 1, GitHub retired the currency it had used to bill for its AI coding assistant and replaced it with a new one: tokens. Every Copilot plan now works…
Meta Weighs a Stock Sale to Fund Its AI Push
Meta Platforms is considering raising tens of billions of dollars through a stock offering to help finance its artificial intelligence buildout, according to people familiar with the discussions. The talks…
