DeepSeek Plans Gigawatt-Scale Data Centers of Its Own
HANGZHOU, China—The job posting appeared on DeepSeek’s careers page on a Tuesday with a title the company had never used before: IDC design and planning engineer. The description said the…
SK Hynix Targets U.S. Listing, Putting HBM Story to Wall Street Test
SEOUL—The world’s largest maker of high-bandwidth memory has traded in Seoul for decades. By August, its shares could also trade on the Nasdaq, a move that would give American investors…
Meta Leases First India Data Center From Reliance
JAMNAGAR, India—The city better known for the world’s largest oil refinery complex is about to become part of the AI supply chain. Meta Platforms said June 10 it will lease…
Broadcom, Apollo and Blackstone Open $35 Billion AI Compute Fund
NEW YORK—The term sheet was unusual even by the standards of the AI boom: a chip designer, a private-equity firm built on insurance money and the world’s largest alternative asset…
Anthropic Brings Its Most Powerful Model to the Public
SAN FRANCISCO—The pricing page went live Tuesday with a number that told the story: $10 per million input tokens and $50 per million output tokens for Claude Fable 5, less…
SpaceX Prepares for Record Debut as Warren Urges SEC Delay
NEW YORK—The price is $135 a share, fixed, take it or leave it. The ticker is SPCX. And the order book, according to people familiar with the matter, has already…
OpenAI Nears Lease on 10-Gigawatt Ohio Data Center
PIKETON, Ohio—The site along the Ohio River once enriched uranium for America’s nuclear arsenal. Within a decade, it could host the largest data center on earth, and OpenAI is negotiating…
TSMC’s May Sales Rise 30% as AI Demand Holds
HSINCHU, Taiwan—The monthly revenue sheet Taiwan Semiconductor Manufacturing Co. released Wednesday morning carried the number the market had been waiting for: May revenue of NT$416.98 billion, or about $13.2 billion,…
AI Coding Startup Lovable Passes $500 Million in Annualized Revenue
STOCKHOLM — The revenue chart inside Lovable’s office has a shape that most software founders only see in projections: a line doubling roughly every four months since the product’s launch.…
Mercor CEO Accuses Sequoia of ‘Dual-Pricing’ Valuation Tactics
SAN FRANCISCO — The post went up on X on a Monday morning, and within hours it had become the most discussed financing story in Silicon Valley. Brendan Foody, the…
