OpenAI Works to Restore ChatGPT Signup and Login
For several hours on Aug. 20, the front door to the world’s most popular AI chatbot was locked. Users began reporting problems with ChatGPT’s registration and login systems in the…
Nvidia in Talks to Back AI Data Supplier Mercor
The training data that powers Nvidia’s open-source model ambitions may soon have a new financial backer: Nvidia itself. The chip maker is in talks to invest in Mercor, an AI…
Nebius Plans $4.5 Billion Convertible Bond Sale
Nebius, the AI cloud company led by Yandex co-founder Arkady Volozh, is borrowing against its own stock to build data centers it says it cannot build fast enough. The company…
Marvell and Google Expand Custom-Chip Pact
The warrant is dated Aug. 18: Google may buy up to 58.97 million shares of Marvell Technology at $206.58 each, a document that ties the chip maker’s stock to the…
Etched Raises $700 Million at $21 Billion Valuation
The first rack of Etched computers sits in a Jane Street data center, running inference workloads for the trading firm that just led the AI chip startup’s latest funding round.…
Amex GBT Agrees to $6.3 Billion Take-Private by Long Lake
Four years after riding a blank-check boom onto the New York Stock Exchange, the world’s largest corporate travel company is heading back into private hands. Long Lake Management agreed to…
Maryland’s Digital Ad Tax Falls in Court, Handing Google and Apple Refunds
Maryland’s tax court ruled Tuesday that the state’s digital advertising tax is invalid, ordering refunds for the companies that paid it, including Apple, Google and the streaming service Peacock. The…
Etched Doubles Its Valuation to $21 Billion as Investors Bet on a Niche Bet
Etched, a startup that makes chips specifically designed to run artificial-intelligence models, said Tuesday it has closed a $700 million funding round that values the company at $21 billion, double…
Wall Street Starts Pricing a Tesla-SpaceX Union, One Rocket at a Time
The roadster has been delayed so often that its launch date has become a joke in car circles, but a former Tesla president said Wednesday that the delays are not…
Apple Reshapes EU App Store Fees in Bid to End Regulators’ Grip
Apple said Tuesday it will simplify the commission structure of its European App Store and relax restrictions on alternative app stores, the company’s most sweeping concession yet to the European…
