Wonderful Doubles Its Valuation to $5 Billion, With Salesforce a New Backer
The announcement landed Wednesday from a company that did not exist two years ago. Wonderful, an Israeli-Dutch startup that builds software to coordinate artificial intelligence agents inside large companies, said…
Nvidia Director Mark Stevens Sells $411 Million of Stock Over Three Days
The filing appeared in the usual place, and it was larger than most. Mark A. Stevens, a director of Nvidia since 2008, sold 1,848,500 shares of the chipmaker’s common stock…
Abu Dhabi’s G42 Sounds Out Investors for Billions in New Capital
The conversations are exploratory, and the people describing them asked not to be named because the talks are confidential. G42, the Abu Dhabi-based artificial intelligence group, has held tentative discussions…
Snowflake’s AI Assistants Accelerate Growth, and the Stock Jumps 23%
On an earnings call full of talk about models and agents, the number that moved Snowflake’s stock was a count of customer accounts. The company said its AI coding assistant,…
Micron’s Taiwan Unions Threaten Strike Over Profit Sharing
Two unions representing about 10,000 of the roughly 15,000 workers at Micron Technology’s plants in Taiwan say they will put a strike to a vote unless the company rebuilds its…
ECB Warns U.S. Tech Giants’ AI Borrowing Could Strain Euro Markets
The euro-area corporate bond market has acquired a new class of regular customer: American technology companies borrowing to pay for artificial-intelligence infrastructure. In a blog post on Sept. 2, the…
Anthropic Cuts Cache-Read Prices 75% in New Model Release
A coding agent working through a project can resend the same files, instructions and conversation history to a model dozens of times in an hour. Each resend shows up on…
OpenAI Faces 30 New Lawsuits Over Canadian School Shooting
SAN FRANCISCO—Lawyers from the plaintiffs firm Edelson PC filed 30 complaints in federal court here on Sept. 2 naming OpenAI and its chief executive, Sam Altman, over the Feb. 10…
Uber to Cut About 3,300 Jobs, Its Biggest Round Since the Pandemic
SAN FRANCISCO—Dara Khosrowshahi has spent years telling investors that Uber’s future runs on robotaxis. On Wednesday he told employees the company needs to be smaller to get there. Uber is…
OpenAI Says Its Next Model Finds Zero-Day Flaws Without Help
SAN FRANCISCO—OpenAI said its next flagship model can do what elite security researchers do for a living, and do it without being shown how. The company described the capabilities in…
