Meta Quietly Becomes One of Microsoft’s Largest AI Customers
Meta Platforms Inc. has become one of Microsoft Corp.’s biggest AI customers, spending hundreds of millions of dollars a year to access artificial-intelligence models through Microsoft’s Azure cloud, according to…
Google Loses Four More Top AI Researchers, Shedding $186 Billion in Market Value
The departures came in quick succession last week: four of Google’s most senior AI researchers handed in notice within days of one another, according to people familiar with the matter.…
D.E. Shaw Opens $912 Million SpaceX Position, Cuts Broadcom Stake 58%
In a single quarterly filing, D.E. Shaw & Co. disclosed a brand-new position in SpaceX worth $912.4 million and a 58% reduction in its stake in Broadcom Inc., two moves…
OpenAI Backs California AI Safety Bill, Cuts Model Prices, Takes Ads to Europe
In the space of 48 hours last week, OpenAI did three things that, taken together, sketch the strategy of a company preparing to go public. It endorsed a California bill…
Tesla Recalls Nearly 3 Million Cars in China; Robotaxi Event Set for Sept. 3
On a collision, the low-voltage electrical system that powers the door buttons dies. The occupants reach for handles that look like part of the trim and are hard to find…
Nvidia Tells Big Customers AI Server Prices Will Rise More Than 15%
The notice arrived over the past week, and it carried a message that procurement teams at the world’s largest cloud providers had been dreading: Nvidia Corp. is raising prices on…
SpaceX Shares Slide as Second Lockup Release Adds to Selling Pressure
SpaceX’s stock fell 5.6 percent on Wednesday as the company’s second lockup period expired, freeing about 319 million shares for trading, according to data compiled by this publication. The decline…
Qualcomm Taps a Motorola Veteran to Steady Its Mobile Business
Qualcomm has named Sergio Buniac to run its mobile business, putting a veteran of Motorola in charge of the division that supplies processors to the world’s largest phone makers. The…
Microsoft Rushes Patch for Entra ID Flaw Already Under Attack
Microsoft on Thursday released an emergency fix for a vulnerability in Entra ID, its identity and access management service, that carries the maximum severity score of 10.0 on the CVSS…
British Cinemas Move to Keep Meta’s AI Glasses Out of Their Screens
Cinemas across Britain have begun restricting Meta’s AI-powered smart glasses, worried that the devices’ cameras can be used to record new films, according to Reuters, which reported the restrictions on…
