A Memory Shortage Pushes Samsung and SK Hynix Higher
The chips that remember are now the chips that matter most. Over September 20 and 21, shares of Samsung Electronics and SK Hynix rose in tandem, driven by a shortage…
An $18 Billion Data-Center Loan Sinks to 89 Cents
The market that financed the AI buildout is beginning to ask whether it lent too much. Roughly $18 billion in loans tied to a data-center project that Oracle leases in…
Anthropic Weighs a New Model Ahead of Its IPO
The company that has made itself the industry’s most audible voice for slowing AI down is, by several accounts, speeding up. Anthropic is weighing whether to release a new model…
Nscale’s $103 Billion Order Book Backs Its $35 Billion Valuation
The centerpiece of Nscale’s pitch to public investors is a number the company says it has already locked in: $103.4 billion of contracted AI-computing revenue. The London-based cloud provider filed…
SoftBank’s $11 Billion Bond Sale Buys Time on Its OpenAI Payment
SoftBank Group has a payment of $10 billion coming due to OpenAI on October 1, and it is turning to the bond market to write the check. The Japanese conglomerate…
Nvidia-Backed British Cloud Firm Files for New York Listing
The company that Britain’s technology press has taken to calling the “British Oracle” is taking its listing to New York. Nscale, a London-based provider of AI cloud computing backed by…
SoftBank Plans Record Junk-Bond Sale to Fund OpenAI Investment
Bankers working for SoftBank Group spent the weekend putting the finishing touches on one of the largest high-yield bond offerings a single company has ever brought to market. By Monday,…
Massachusetts and California Tighten AI Rules in Tandem
Two governors moved on the same day to impose new controls on artificial intelligence, a coordinated-looking push from states that have decided Washington will not act for them. On September…
Microsoft’s Suleyman Says Controlling AI Will Be a ‘Genuinely Huge Challenge’
Mustafa Suleyman, the chief executive of Microsoft’s AI business, said in an interview on September 18 that controlling advanced artificial intelligence will be a “really, really big challenge” for the…
a16z Leads a $40 Million Round in AI Evaluation Startup Vals
Vals, a startup that sells private tests for measuring the abilities of artificial-intelligence models, has raised $40 million in a Series A round led by Andreessen Horowitz, valuing the company…
