Microsoft’s $3 Billion Oracle Cloud Talks Collapse Over Security Rules
The negotiations had been underway for months, and by most accounts they were close. Microsoft was discussing a deal worth more than $3 billion to lease cloud computing capacity from…
A SpaceX Engineer Turns Rocket Engines Into Power Plants
Spencer Jackson spent nearly seven years at SpaceX working on some of the most extreme machines ever built: the structures of the Falcon Heavy, the thermal seals that protect Starship…
DeepL Buys Mixhalo to Bring Translation Into Live Events
The scene is familiar to anyone who has attended a global conference: a speaker delivers a keynote in one language while a portion of the audience stares at phones, holding…
Samsung’s Foundry Gains Ground as TSMC’s Capacity Runs Short
The negotiations have been running quietly for months, and on Wednesday the details began surfacing across Asia. BYD, Google, AMD, and Tesla have all been in discussions with Samsung Electronics…
OpenAI’s 2025 Financials Show a Company Scaling Faster Than It Profits
The leaked financial document circulated through Silicon Valley on Tuesday like a piece of evidence. It showed OpenAI’s 2025 results in precise, unflattering detail: revenue of $13.07 billion and research…
SpaceX Overtakes Amazon Four Days After Its IPO
The market-capitalization table on the Nasdaq floor changed twice in the space of an afternoon. Around midday on Tuesday, June 16, SpaceX shares touched $225.64, briefly making the rocket company…
Anthropic’s Models Were Switched Off, and the Company Is Still Reeling
The letter arrived at 5:21 p.m. Eastern Time on Friday, June 12. It was from the U.S. Commerce Department, and it ordered Anthropic to stop allowing any foreign national to…
OpenAI Burned $3.7 Billion in the First Quarter
The documents OpenAI shared with its shareholders in recent weeks tell a story of growth and cash consumption moving in lockstep. In the first three months of the year, the…
JPMorgan Raises AI Infrastructure Spending Forecast to $5.5 Trillion
Tarek Hamid and his team of credit strategists at JPMorgan have been revising one forecast upward for seven months. On Wednesday, they did it again, lifting their estimate of what…
Microsoft Weighs a Spin-Off for Xbox as Gaming Revenue Slides
The question inside Microsoft used to be how to fix Xbox. Now it is whether to keep it. The company has considered spinning off its gaming business into a standalone…
