Nvidia-Backed Iambic Therapeutics Raises $150 Million in U.S. Listing
OpenAI to Set Aside Apple Material While Trade-Secret Case Runs
Apple Closes Above $5 Trillion for the First Time
xAI Adds a Voice Model and Holds Its Price at 8 Cents a Minute
Bank of America Adds 1,000 Contractors to Patch AI-Found Code Flaws
Anthropic Tells Investors It Booked $16.8 Billion in Third-Quarter Revenue
Eight States Sue OpenAI Over ChatGPT and Minors
OpenAI’s Compute Chief to Leave After a Year
Danaher Moves Nvidia’s Chips Into the Laboratory
Berkshire Writes a Second Check to Bending Spoons
Six Days and $40,000 to Break Chrome’s Sandbox
The proof of concept is almost anticlimactic. A page loads in a signed build of Chrome Beta, and the calculator application appears on the desktop. Nothing is downloaded, nothing is…
SK Hynix Says the AI Bottleneck Is the Memory It Sells
Ahn Hyun opened his keynote at the SEDEX semiconductor exhibition in Seoul on Wednesday with a forecast that would have sounded like a sales pitch in a smaller room. The…
The FBI’s Long Campaign Against the Scam Compounds
The compound at O’Smach sits on Cambodia’s northern border with Thailand, and by the accounts of U.S. prosecutors, United Nations researchers and reporters who have been inside such sites, it…
A Credit Market Calm Built on a Pause in AI Borrowing
The note Goldman Sachs sent its credit clients this month made an odd pitch for a bull case. Buy investment-grade bonds, it said, and watch the calendar. The argument rested…
Two Blank Checks Test the Appetite for SPACs
On Tuesday, two filings landed with the Securities and Exchange Commission a few hours apart, each asking the same question in a different size. Apex Treasury Corp II, a blank…
A Nigerian Fintech Takes Its Loan Book to Wall Street
The prospectus OPay filed with the Securities and Exchange Commission contains a figure that would be unremarkable in Silicon Valley and startling in Lagos: 339.1 billion dollars of gross transaction…
Most of the S&P 500 Is Already in a Bear Market
The note that circulated on trading desks this week carried an uncomfortable title: Last Man Standing. Its author, Jonathan Krinsky, the chief market technician at BTIG, was describing a market…
A Memory Rally Meets a Chinese Rival and a Shelved Float
The selling started in Tokyo. Kioxia Holdings fell 13.3% on Tuesday to close at 15,180 yen, the sharpest one-day drop yet for a stock that had nearly quadrupled over the…
Hackers Raised French Supermarket Freezers to 50 Degrees
At an Intermarche in central Paris, staff spent Monday morning hauling carts of defrosted frozen food to a container in the street, with melted ice cream sloshing from broken tubs…
Two Banks Arrange an AI Loan They Won’t Back
The financing package for Volta Infrastructure Holdings totals $5.01 billion. JPMorgan Chase and Goldman Sachs assembled it, and between them they are willing to guarantee $1.3 billion of that amount.…
