Amazon’s $3 Trillion Day
Amazon’s market value crossed $3 trillion for the first time on Aug 3, making it the fifth company to reach that level, as investors rewarded the company’s AI and cloud…
Korea’s National GPU Build-Out
South Korea broke ground on a national AI computing center in Haenam this week, a roughly $1.7 billion project led by Samsung SDS that aims to have 15,000 GPUs running…
Airtable’s Discounted Exit
Bending Spoons, the Italian app developer, agreed to buy Airtable for about $1.285 billion in cash, the companies said — its first acquisition since going public, and one of the…
Sequoia’s $1 Billion Nuclear Bet
Valar Atomics raised $1 billion in a Series B round led by Sequoia Capital, tripling its valuation to $6 billion from $2 billion, according to Axios. The startup builds modular…
AI Labs Keep Losing Their Star Researchers
Lilian Weng told Thinking Machines Lab last week that she was stepping away as a co-founder, saying the job had taken a toll on her health and she wanted a…
Zeiss Says EUV Optics Can Keep Pace With AI Demand
In Oberkochen, a town of about 8,000 in southwestern Germany, Zeiss is making room. The company’s semiconductor unit said last month that it had rebuilt part of its headquarters site…
TSMC Expands CoWoS Outsourcing as AI Packaging Crunch Persists
TSMC decided this week to open the most technically demanding step of its CoWoS packaging process to outside contractors, a shift aimed at easing the biggest remaining bottleneck in AI…
GPT-5.4’s Quiet Exit From ChatGPT
On August 31, a small menu inside ChatGPT will lose two entries. OpenAI said on August 1 that GPT-5.4 and GPT-5.4 mini will stop being offered to people who log…
OpenAI’s IPO Slips to Next Year
The questions at OpenAI’s investor meetings have taken a sharper edge in recent months. Some of the company’s largest backers have privately voiced concern about how quickly the startup is…
Amazon’s $50 Billion Bet on OpenAI
Buried in Amazon’s quarterly filing, submitted to securities regulators on July 31, is the outline of the largest outside investment in OpenAI yet. Amazon said it had completed its full…
