Sequoia’s New Stewards Raise $10 Billion and Call the Market a White Swan
Alfred Lin and Pat Grady have run Sequoia Capital for less than a year. They have already raised more money than any leadership team in the firm’s 54-year history. Sequoia…
Anthropic’s Amodei Courts Wary Investors Ahead of a Possible IPO
Dario Amodei has spent years describing artificial intelligence in the language of civilization, science and God. In private meetings with prospective investors this summer, the Anthropic chief executive has been…
Hims & Hers Posts Deeper Losses as Weight-Loss Push Turns Costly
The growth story arrived on schedule. The profit story did not. Hims & Hers Health, the online pharmacy that rode the weight-loss drug boom to record sales, reported a second…
Singapore Data-Center Operator DayOne Files Confidentially for $640 Million U.S. IPO
DayOne, the Singapore-based data-center operator, has confidentially filed with U.S. regulators for an initial public offering that could raise about $640 million, according to The Straits Times, the latest sign…
Oracle Wins $568 Million Cloud Contract From Homeland Security
Oracle has won a $568 million cloud-services contract from the Department of Homeland Security, according to GovCon Wire, the company’s largest federal win in years and a sign that the…
Sony to Sell New PlayStation Games Only in Digital Form From 2028
Sony said that starting in January 2028, new games for its PlayStation consoles will be released only in digital form, a decision the company has now posted prominently on its…
Nanya Technology Joins ASML’s EUV Customer Roster, Signaling a Shift
Nanya Technology, the Taiwanese DRAM maker long known for mature process nodes, is set to become the newest customer for ASML’s EUV lithography systems, according to Bits&Chips, a purchase that…
Samsung Pushes High-NA EUV Adoption to 2030, Breaking With Rivals
Samsung Electronics has decided to delay adoption of High-NA EUV lithography until 2030, when it plans to use the machines for production at the 1-nanometer node, according to TechPowerUp, a…
Archer Aviation Buys Former Rival Wisk Aero, Reshaping the Air-Taxi Field
Archer Aviation has agreed to acquire Wisk Aero, the autonomous air-taxi developer backed by Boeing, according to TechCrunch, a merger that consolidates the electric vertical takeoff and landing industry around…
Battery Startup Sila Wins $1.4 Billion Pentagon Loan for Domestic Production
Sila, the California battery startup known for its silicon-anode chemistry, has secured a $1.4 billion loan from the U.S. Defense Department to build domestic battery production capacity, according to TechCrunch,…
