Amazon Locks Up Fiber in a Multibillion-Dollar Deal With Corning
Amazon has signed a long-term agreement to buy fiber-optic cable from Corning worth billions of dollars, as the company races to connect the data centers powering its AI buildout, according…
Global Smartwatch Shipments Rose 4.8% in the First Quarter
The smartwatch market is growing again, slowly. Worldwide wrist-worn device shipments reached 47.05 million units in the first quarter, up 2.2% from a year earlier, and smartwatches specifically totaled 37.03…
OpenAI Nears Lease on 10-Gigawatt Ohio Data Center
PIKETON, Ohio—The site along the Ohio River once enriched uranium for America’s nuclear arsenal. Within a decade, it could host the largest data center on earth, and OpenAI is negotiating…
Meta Leases First India Data Center From Reliance
JAMNAGAR, India—The city better known for the world’s largest oil refinery complex is about to become part of the AI supply chain. Meta Platforms said June 10 it will lease…
DeepSeek Plans Gigawatt-Scale Data Centers of Its Own
HANGZHOU, China—The job posting appeared on DeepSeek’s careers page on a Tuesday with a title the company had never used before: IDC design and planning engineer. The description said the…
OpenAI, Anthropic and SpaceX Converge on a Record IPO Week
NEW YORK — The roadshow deck that Goldman Sachs bankers carried into investor meetings this month priced SpaceX at a fixed $135 a share, a figure that values the rocket…
Broadcom, Apollo and Blackstone Line Up $35 Billion for AI Compute
NEW YORK — The joint announcement arrived on a Tuesday morning with numbers unlike anything the data-center financing business has seen. Broadcom, Apollo and Blackstone said they would create a…
Toyota and Honda Sales in China Keep Falling as Local EV Brands Advance
GUANGZHOU — Toyota sold 102,300 vehicles in China in May, down 31.7% from a year earlier, a fourth consecutive monthly decline and an acceleration from April’s 25.4% drop. Honda fared…
Anthropic’s IPO Push and the Non-Proliferation Pitch
The essay arrived weeks before a listing expected to value Anthropic at $965 billion, and it read like a treaty proposal for the age of artificial intelligence. Anthropic published a…
Global Selloff Deepens as AI Trade Unwinds
The selloff that began with an earnings call in Santa Clara ended three days later with a circuit breaker in Seoul. Monday morning, the Korea Composite Stock Price Index opened…
