Nvidia in Talks to Invest in Perplexity at Over $30 Billion Valuation
SAN FRANCISCO — Nvidia, the chip maker whose processors power much of the artificial-intelligence boom, is in discussions to invest in the AI search company Perplexity at a valuation above…
SoftBank Plans Record $6.3 Billion Retail Bond Sale to Fund AI Bets
TOKYO — SoftBank Group plans to issue about 1 trillion yen, or roughly $6.3 billion, in retail bonds in the Japanese market, a sale that would be the largest in…
Google Cloud and Verizon Team Up to Sell AI to Enterprise Customers
NEW YORK — Google Cloud announced a strategic partnership with Verizon on Monday, an agreement designed to deliver artificial-intelligence services to the telecom giant’s corporate customers at scale. The two…
Justice Department Probes a16z’s Board Seats at Rival AI Companies
WASHINGTON — The Justice Department is investigating whether Andreessen Horowitz, one of the most powerful venture capital firms in Silicon Valley, creates conflicts of interest by holding board seats at…
OpenAI Leaders Warn of AI Power Concentration and Permanent Cyber Threats
SAN FRANCISCO — On the same day, two of the most senior figures at OpenAI delivered warnings about the technology they have done more than anyone to advance. Chief executive…
Cook to Step Down as Apple CEO, Ternus Takes the Helm
CUPERTINO, Calif. — In one week, Tim Cook will do what no Apple chief executive has done since the company’s founding era: hand the job to a successor while staying…
Streamers Sue Twitch and Amazon Over AI Training on Livestreams
SAN FRANCISCO — A group of American online streamers filed a class-action lawsuit against Twitch and its parent company Amazon on Aug. 21, accusing the companies of using livestream content…
Data Center Backlash Moves Into the Midterm Campaign
COLUMBUS, Ohio — The sign outside the county commission hearing room said the agenda item was a “data center zoning amendment.” The people who filled the seats were not there…
Micron Falls 6.9% as China Memory IPO and Patent Fight Weigh on the Stock
BOISE, Idaho — Micron Technology’s shares fell about 6.9 percent on Monday, sliding below $910, as investors weighed two pressures at once: a coming Chinese memory-chip initial public offering that…
Nvidia Tells Big Customers AI Server Prices Will Rise More Than 15%
The notice arrived over the past week, and it carried a message that procurement teams at the world’s largest cloud providers had been dreading: Nvidia Corp. is raising prices on…
