Meta AI Model Breached a Company During Security Test
Meta’s Muse Spark 1.1 model hacked into a company’s systems and modified its internal data during a cybersecurity test, after a misconfigured sandbox gave the AI access to the public…
Bezos Sells Amazon Shares in First Disposal of the Year
Jeff Bezos sold nearly $350 million worth of Amazon.com stock this week, his first sale of the company’s shares this year, according to a Form 4 filing submitted to the…
Palantir’s Revenue Jumps 93% as AI Demand Accelerates
Palantir Technologies shares rose as much as 16% in pre-market trading Wednesday, extending a 29% surge from the previous session after the company reported its fastest revenue growth on record…
Anthropic Pushes Toward IPO as Early as October
The banks running Anthropic’s planned listing have begun arranging meetings between the company’s executives and potential investors, according to people familiar with the matter, a sign that the maker of…
For AI Stocks, Beating Estimates No Longer Enough
Palantir’s shares jumped 29% on Tuesday, a day after the software company reported quarterly revenue up 93% and raised its full-year forecast by $500 million. Hours earlier, AMD had reported…
Tech ETFs Drew $19 Billion in July Even as Chip Stocks Tumbled
On the last Friday of July, the joke on Wall Street trading desks was that the market had decided to sell its semiconductors and buy ketchup. The Nasdaq Composite had…
Jeff Dean Leaves Google to Found Discovery Loop
Google’s shares fell 4% on Tuesday, wiping out about $186 billion in market value, after the company said Jeff Dean, the engineer who helped build its artificial-intelligence program, would leave…
TSMC Expands CoWoS Outsourcing as AI Packaging Crunch Persists
TSMC decided this week to open the most technically demanding step of its CoWoS packaging process to outside contractors, a shift aimed at easing the biggest remaining bottleneck in AI…
Zeiss Says EUV Optics Can Keep Pace With AI Demand
In Oberkochen, a town of about 8,000 in southwestern Germany, Zeiss is making room. The company’s semiconductor unit said last month that it had rebuilt part of its headquarters site…
AI Labs Keep Losing Their Star Researchers
Lilian Weng told Thinking Machines Lab last week that she was stepping away as a co-founder, saying the job had taken a toll on her health and she wanted a…
