SK Hynix Denies Intel Ohio Talks, Adds $5 Billion for AI Memory
In Seoul, the trading day began with a headline and ended with a denial. SK Hynix shares fell as much as 4 percent in early trading on reports that the…
Meta Faces Class Action Over AI’s Role in Layoff Decisions
When a group of former Meta employees began comparing notes after their departures, they concluded that the decisions had not been made by their managers. Now they are suing to…
Cybersecurity Startup Glow Emerges From Stealth at $1.2 Billion Valuation
The pitch that Glow’s founders made to investors began with a question: who guards the software that acts on its own? On Tuesday, the company stepped out of stealth with…
Apple Names Ternus Chief Executive; Cook Stays as Chairman
The announcement arrived in a week that gave Apple four storylines at once. John Ternus, the hardware engineering chief who has become a fixture on Apple’s product launch stage, was…
Databricks Raises Strategic Round at $188 Billion Valuation
The round was confirmed quietly, the way Databricks has done these things since it stopped needing to shout. The company, which sells software that helps enterprises organize data for AI,…
Microsoft Trains Sales Teams to Pitch Against OpenAI and Anthropic
Microsoft is training thousands of sales representatives to sell Azure AI alongside its own models, and to steer customers toward questioning the cost-effectiveness of OpenAI and Anthropic, according to internal…
Anthropic in Talks With Meta to Lease $10 Billion in GPU Capacity
Anthropic is in early talks to lease GPU computing capacity from Meta in a deal valued at roughly $10 billion over two years, according to a report from MLQ and…
AMD Overtakes Nvidia as Top Holding in $45 Billion Chip ETF
A $45 billion semiconductor exchange-traded fund completed its quarterly rebalancing and emerged with AMD as its largest holding, replacing Nvidia at the top of the portfolio. The shift, disclosed in…
AWS Says Billing Display Bug Showed Customers Trillion-Dollar Balances
The number on the screen was absurd: more than $999 trillion, in some cases, owed to Amazon Web Services. Customers who opened their billing consoles in recent days found balances…
Google’s Week: EU Objection, Antitrust Ruling, and a Waymo Blackout
The blackout on Saturday was the kind of event that autonomous-driving companies spend years trying to prevent. A large power outage rolled across San Francisco, traffic signals went dark across…
