SoftBank Plans Record $6.3 Billion Retail Bond Sale to Fund AI Bets
TOKYO — SoftBank Group plans to issue about 1 trillion yen, or roughly $6.3 billion, in retail bonds in the Japanese market, a sale that would be the largest in…
Nvidia in Talks to Invest in Perplexity at Over $30 Billion Valuation
SAN FRANCISCO — Nvidia, the chip maker whose processors power much of the artificial-intelligence boom, is in discussions to invest in the AI search company Perplexity at a valuation above…
Meta Hires OpenAI Researcher Luke Metz for Superintelligence Lab
MENLO PARK, Calif. — Luke Metz, a veteran AI researcher who spent years at OpenAI and briefly at the startup Thinking Machines, is joining Meta’s Superintelligence Labs, a person familiar…
Anthropic’s Pricey Fable 5 Struggles to Win Corporate Spending
SAN FRANCISCO — When Anthropic released Fable 5, its most powerful model, the company’s sales team pitched it as the product that would justify the premium the market was placing…
Anthropic Says It Found Cause of Claude Outage, Works on Fix
SAN FRANCISCO — Anthropic posted an update Sunday saying it has identified why several of its most capable Claude models — including Claude Mythos 5, Claude Fable 5 and Claude…
Hugging Face in Sale Talks at $13 Billion Valuation
SAN FRANCISCO — The first sign that something was in motion came late Sunday, when bankers who had spent the weekend working the phones declined to say who was calling.…
Super Micro Completes Export-Control Review, Clearing a Regulatory Hurdle
Super Micro Computer Inc. said Thursday that an independent investigation into allegations of export-control violations has concluded, according to the company, closing a review that has hung over the AI…
Adobe Opens Firefly Audio Tools to All Users
The waitlist is gone. Adobe Inc. said Tuesday that its Firefly generative audio tools — music, voiceover and sound effects produced by artificial intelligence — are now available to all…
Micron Says Memory Capacity Is Booked Through 2028
The order book tells the story. Micron Technology Inc., one of only three companies in the world that make high-bandwidth memory, said its production capacity is now reserved through 2028,…
Apple Cuts More Than 200 Jobs in Siri and Vision Pro Teams
The teams had been shrinking for months, and last week the reductions became explicit. Apple Inc. is eliminating more than 200 positions across the groups working on its Siri assistant…
