China Warns of AI Agent ‘Skill’ Packages That Jailbreak Models and Mine Crypto
BEIJING — The advisory landed on the website of China’s national computer emergency response center with the clipped, technical tone of a routine warning, but its subject was new. The…
Asian Chip Stocks Rebound After Wall Street’s Recovery
SEOUL — The circuit breaker that halted trading on the KOSPI on Monday was the kind of event markets do not forget quickly, and the rebound on Tuesday was the…
Broadcom, Apollo and Blackstone Line Up $35 Billion for AI Compute
NEW YORK — The joint announcement arrived on a Tuesday morning with numbers unlike anything the data-center financing business has seen. Broadcom, Apollo and Blackstone said they would create a…
Microsoft-Backed Chip Startup D-Matrix Begins Shipping AI Inference Chips
SANTA CLARA, Calif. — The benchmark that decided d-Matrix’s future ran in a company lab this spring. Engineers paired a pair of the startup’s Corsair accelerators with an Nvidia Blackwell…
Apple Overhauls Siri, Turns to Nvidia and Google in Cook’s Final WWDC
CUPERTINO, Calif. — Tim Cook walked onto the stage at Apple Park on Monday for the last keynote of his tenure as chief executive, and for more than an hour…
OpenAI, Anthropic and SpaceX Converge on a Record IPO Week
NEW YORK — The roadshow deck that Goldman Sachs bankers carried into investor meetings this month priced SpaceX at a fixed $135 a share, a figure that values the rocket…
Sanxing Electric Poised for State Grid Contract
A Chinese maker of grid equipment has emerged as the leading candidate for a contract with the country’s biggest power utility, in a small deal that says something large about…
Citi Raises S&P 500 Target to 8,100
Five days after the Nasdaq suffered its worst session since April 2025, Citi raised its year-end target for the S&P 500 to 8,100, according to CNBC. The call is the…
Damodaran Declines SpaceX IPO, Calling Price Too High
The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…
Tencent Returns to the Dollar Bond Market
Tencent Holdings has hired a group of investment banks to sell dollar-denominated benchmark bonds and offshore renminbi bonds, its first return to the dollar market since 2021, according to people…
