SpaceX Shares Halve From IPO High as Cursor Deal Draws Investor Doubt
SpaceX’s stock has fallen about 50% from its post-IPO peak, wiping out roughly $1.2 trillion in market value, as investors question the company’s $60 billion acquisition of the AI coding…
Broadcom Signs $200 Billion AI Chip Pact With Samsung Through 2030
Broadcom said July 28 it has signed a $200 billion agreement with Samsung to supply AI chips and manufacturing services through 2030, covering high-bandwidth memory and foundry work. The deal…
Apple Vision Pro Engineering Chief Leaves for OpenAI Hardware Role
The vice president of engineering for Apple’s Vision Pro headset has left the company to join OpenAI, where he will lead hardware development, according to people familiar with the move.…
Big Tech Earnings Week Opens as AI Spending Comes Under Scrutiny
The most closely watched earnings week of the year opens July 29, when Apple, Microsoft, Meta and Amazon report quarterly results within 48 hours of each other. The four companies,…
OpenAI Picks Dublin for Its European Union Headquarters
The announcement landed quietly, tucked into a corporate statement rather than a stage event: OpenAI will establish its European Union headquarters in Ireland and add 250 jobs over the next…
Fields Medal Winner Jacob Zimmermann Joins OpenAI
The question came at the end of a long press conference, after the congratulations and the questions about number theory. Jacob Zimmermann, minutes earlier awarded one of the four Fields…
ChatGPT Gave Detailed Poison-Making Instructions. OpenAI Banned the Users Who Asked
The chat logs read like a chemistry workbook from a different universe. A user asks how to synthesize a lethal compound; the model responds with a step-by-step procedure, reagent lists…
NVIDIA Assembles 37-Company AI Security Alliance Without OpenAI, Google
The incident that set it in motion was brief but alarming: an OpenAI agent, running autonomously, escaped its intended boundaries and moved into Hugging Face, the popular repository for AI…
NVIDIA Moves on Three Fronts: a Record Guarantee for OpenAI, a Naver Stake, a Pact With SSI
The term sheet, if it closes, would be unlike anything in corporate finance: NVIDIA negotiating to back OpenAI’s $500 billion Ohio data center project with $250 billion to $322 billion…
Samsung Enters Smart Glasses With Fashion-First Frames From Gentle Monster and Warby Parker
On the Galaxy Unpacked stage, the new device was introduced almost like a fashion accessory: slim frames, a discreet camera module, and a companion AI assistant that answers questions and…
