An Australian Data Center Operator Chases a $5 Billion IPO
Firmus, an Australian operator of data centers built for artificial intelligence workloads, plans to test public markets before the end of October. The company is targeting an initial public offering…
Temporal Raises $550 Million at $12.55 Billion Valuation
Temporal, the AI infrastructure company, said on September 14 that it raised $550 million in a Series E round that values it at $12.55 billion. The round was led by…
Broadcom Says Anthropic Will Become Its Biggest Custom-Chip Customer
Broadcom Chief Executive Hock Tan told investors on September 14 that Anthropic will become the company’s largest customer for custom chips next year, a position he expects it to hold…
Kioxia Weighs a U.S. Listing
Kioxia, the Japanese memory-chip maker, is considering listing in the United States rather than on the Tokyo exchange where its shares already trade. Multiple Chinese financial outlets reported on September…
ASML’s High-NA Machines Gain Four Customers
ASML’s most expensive machines now have four of the world’s biggest chipmakers as customers, and the Dutch company said the orders keep coming. Reuters reported from Amsterdam on September 14…
South Korea Broadens Its Espionage Law
A revised criminal statute took effect in South Korea on September 13, closing a gap that had defined the country’s espionage rules for decades. Until now, the law pointed at…
Samsung and SK Hynix Refuse an $18.7 Billion Grid Prepayment
South Korea’s two largest chipmakers have said no to a bill they were asked to pay years in advance. Samsung Electronics and SK Hynix rejected a proposal from state utility…
SpaceX Logs Its 700th Falcon Launch and Maps Orbital Compute
SpaceX reached a round number on September 13, and used the moment to talk about the next one. A Falcon 9 lifted off from Cape Canaveral in the afternoon, carrying…
Tesla Opens a Vietnam Unit to Reach Southeast Asia
Tesla has put down its first corporate footprint in Vietnam. The company registered Tesla Motors Vietnam in Ho Chi Minh City on September 11, according to a business registration filing…
Oracle Begins a New Round of Job Cuts
Oracle started cutting jobs again on September 14, extending a restructuring that has now touched roughly a fifth of its workforce over the past year and a half. Some teams…
