Anthropic Files Confidentially for IPO in Test of AI Economics
Anthropic has submitted a confidential registration statement to the Securities and Exchange Commission for an initial public offering, according to people familiar with the matter, placing the most closely watched…
ByteDance Says It Won’t Build Cars, Even as the Industry Around It Does
The name sounded like a corporate marriage announcement: Saidou, a blend of Seres and Doubao, ByteDance’s AI assistant, and the market drew its own conclusions. Reports spread that ByteDance, the…
Huang Takes AI Dinner Diplomacy to Seoul, and Nvidia Opens a Korea Tech Center
At 7:10 p.m. on Friday, the center of gravity of the global AI supply chain moved to a pork belly restaurant in Seoul’s Mapo district. Jensen Huang, chief executive of…
Mira Murati Steps Back Into the Spotlight, Carefully
The stage was set in San Francisco on Thursday for the Bloomberg Technology Summit, and the seat at the front of the room belonged to someone the AI industry had…
Broadcom’s Softer Outlook Shakes the Chip Trade, and Analysts See a Buying Window
The number that detonated the semiconductor market last week was not a loss. Broadcom reported record revenue of $22.19 billion for its fiscal second quarter, up 48 percent from a…
Marvell and Flex Join the S&P 500, Adding AI Supply Chain Weight
The announcement came in a press release on Friday morning, folded into the routine quarterly mechanics of index management. S&P Dow Jones Indices will add Marvell Technology and Flex to…
Tim Cook’s Contrarian AI Bet Faces Its Test at WWDC
On Monday morning, Tim Cook will walk onto the stage at Apple Park in Cupertino for what is widely expected to be the most consequential presentation of his AI tenure,…
NSA Prepares to Put Anthropic’s Mythos to Work in Cyber Operations
The executive order said one thing. The intelligence community did another. Eight weeks after President Trump ordered federal agencies to stop working with Anthropic, the National Security Agency began using…
JPMorgan Ends Its Long Bearish Run on Tesla
For the better part of a decade, JPMorgan was the most persistent skeptic on Tesla on Wall Street. The bank kept an Underweight rating on the electric-vehicle maker from 2018…
Google to Pay SpaceX $920 Million a Month for Compute
The disclosure landed in a regulatory filing on a Friday afternoon, one week before the largest initial public offering in history. Google will pay SpaceX $920 million a month from…
