General Intuition in Talks to Raise Funds at $6 Billion Valuation
The company trains robots the way children learn: by playing video games. General Intuition, an AI robotics start-up, is in talks to raise a new round of funding at a…
Oura Aims for September IPO Seeking Up to $3 Billion
The pitch to investors is simple: a ring that knows more about its wearer than the wearer does. Oura, the Finnish maker of the smart ring that tracks sleep, heart…
SEC Subpoenas Wall Street Banks Over Collapse of AI Hedge Fund Situational Awareness
Over two days at the end of August, subpoenas went out to several of Wall Street’s largest banks. The recipient of the questions was not a bank itself, but a…
Alabama Attorney General Subpoenas OpenAI and Sam Altman in Data Breach Probe
The letter arrived in the offices of OpenAI and the home of its chief executive on Aug. 24. Alabama Attorney General Steve Marshall announced an investigation into the company and…
Amazon Raises Hardware Prices by Up to 60% as Memory Costs Bite
The price tags changed across Amazon’s hardware lineup on Aug. 21, and the increases were not subtle. Echo speakers, Fire TV devices, Kindle readers, and eero routers all cost more,…
Trump Disclosed More Than 1,000 Stock Trades in June, Including a SpaceX Purchase
The disclosure, filed Aug. 24, runs to pages of ticker symbols and dates. It shows that Donald Trump completed more than 1,000 stock trades in June, a volume that would…
SpaceX Plans $100 Billion Space Supercomputer With NVIDIA Vera Chips
The idea of putting a supercomputer in orbit has been discussed in engineering circles for decades, usually as a thought experiment about solar power and cooling. On Aug. 25, it…
SK Hynix Union Rejects Preliminary Wage Deal
The vote was close enough to hurt. By a margin of 50.08% to 49.92%, with turnout of 93.81%, the union at SK Hynix, the world’s second-largest memory-chip maker, has rejected…
Former Google Researchers Raise $6.5 Million to Build an AI ‘Judge’
Rishub Jain, a former Google researcher, spent years watching AI models grow more capable and less predictable. Now he is betting that the answer is a referee: a human-machine system…
OpenAI Infrastructure Executive Chris Malone Departs
Chris Malone, the executive who oversaw construction of OpenAI’s data centers, has left the company, according to people familiar with the matter. An OpenAI spokesperson confirmed that Malone is no…
