Meta in Talks With Samsung for $6.5 Billion AI Chip Foundry Order
Inside Samsung Electronics’ foundry division, the phone-chip orders that once set the calendar have given way to a different kind of customer. Meta Platforms is in talks with Samsung to…
Microsoft Creates Frontier Unit to Install AI Inside Corporate Operations
Satya Nadella has a name for the part of artificial intelligence that never makes it into a keynote demo: the last mile. Microsoft’s chief executive moved this week to close…
Nvidia Slips Below $200 as AI Spending Comes Under Scrutiny
The level had become a psychological marker as much as a price, and this week the market passed through it. Nvidia’s shares traded below $200 for the first time in…
Tesla Beats Delivery Estimates as Europe Rebounds
The number came in well ahead of what the analysts had modeled, and the market’s first question was the same one it asks every quarter: what does it mean for…
Sandwich Chain’s IPO Filing Is Full of AI. Investors Should Read It Twice
The filing runs to hundreds of pages, and the word appears dozens of times: artificial intelligence, or its ubiquitous abbreviation, AI. The company making the filing sells submarine sandwiches. Jersey…
Melinda Gates Backs Magnify Ventures’ Second Fund
The fund is small by the standards of the industry, and its investor list includes one of the most prominent names in American philanthropy. Magnify Ventures has closed its second…
Thiel Capital Routes Arizona Money Into AI Chip Startup Etched
The money trail runs through Phoenix, and it ends at a chip company that says it can beat Nvidia at its own game. Jack Selby, a partner at Thiel Capital,…
Trump Says Musk May Donate SpaceX Stock to Children’s Investment Plan
The remark came in the middle of a discussion about a program that has not yet been created, and it immediately became the most watched part of the exchange. President…
Global Startup Funding Hits Record $510 Billion in First Half
The number is so large that it needs to be said twice to register: $510 billion, in six months. Global venture investment in startups reached a record $510 billion in…
Korea Unveils 312 Trillion Won Plan to Keep Advanced Industry in the Southeast
The announcement came with a number that dwarfed every industrial plan Seoul has offered in years. South Korea’s deputy prime minister and minister of economy and finance, Koo Yoon-cheol, said…
