Wall Street Turns Bullish on Celestica as AI Build-Out Accelerates
The math is unusual for a company that makes boxes: 23 analysts cover Celestica, the Toronto-based maker of computing hardware for data centers, and 20 of them say buy. One…
Bill Gates Warns AI Has Passed Danger Points Society Isn’t Discussing
Bill Gates has spent years as the world’s most prominent optimist about technology, a man who predicted personal computers, the internet, and smartphones before most people saw them coming. In…
SK Hynix Union Rejects Preliminary Wage Deal
The vote was close enough to hurt. By a margin of 50.08% to 49.92%, with turnout of 93.81%, the union at SK Hynix, the world’s second-largest memory-chip maker, has rejected…
Apple Unveils M6 Mac Mini and M5 Ultra Mac Studio Ahead of CEO Handoff
The timing was the surprise. On the morning of Aug. 25, Apple announced new versions of the Mac mini and Mac Studio with no event, no keynote, and a press…
SpaceX Plans $100 Billion Space Supercomputer With NVIDIA Vera Chips
The idea of putting a supercomputer in orbit has been discussed in engineering circles for decades, usually as a thought experiment about solar power and cooling. On Aug. 25, it…
Amazon Raises Hardware Prices by Up to 60% as Memory Costs Bite
The price tags changed across Amazon’s hardware lineup on Aug. 21, and the increases were not subtle. Echo speakers, Fire TV devices, Kindle readers, and eero routers all cost more,…
Alabama Attorney General Subpoenas OpenAI and Sam Altman in Data Breach Probe
The letter arrived in the offices of OpenAI and the home of its chief executive on Aug. 24. Alabama Attorney General Steve Marshall announced an investigation into the company and…
SEC Subpoenas Wall Street Banks Over Collapse of AI Hedge Fund Situational Awareness
Over two days at the end of August, subpoenas went out to several of Wall Street’s largest banks. The recipient of the questions was not a bank itself, but a…
Oura Aims for September IPO Seeking Up to $3 Billion
The pitch to investors is simple: a ring that knows more about its wearer than the wearer does. Oura, the Finnish maker of the smart ring that tracks sleep, heart…
General Intuition in Talks to Raise Funds at $6 Billion Valuation
The company trains robots the way children learn: by playing video games. General Intuition, an AI robotics start-up, is in talks to raise a new round of funding at a…