ChatGPT’s European Free Users Will See Ads as OpenAI Opens a Third Revenue Line
The screens of millions of European ChatGPT users are about to change. Free-tier and Go-plan subscribers across the continent will begin seeing advertisements later this month, according to ppc.land, which…
Hedge Funds Trade Pure Semiconductors for AI Applications in Second-Quarter Filings
The 13F filings that arrived last month describe a coordinated shift. Stanley Druckenmiller’s fund added to its positions in Amazon and AMD during the second quarter while selling or eliminating…
OpenAI’s New ‘Ultrafast’ Mode Runs GPT-5.6 at 14 Times Normal Speed
The complaint from enterprise customers has been consistent for two years: the models are powerful, but they are slow. OpenAI addressed that complaint head-on on Aug. 13, introducing an Ultrafast…
Reddit Joins the S&P 500, and Its Shares Jump More Than 11%
The announcement came Aug. 14 from S&P Dow Jones Indices, and the market responded in a single word: demand. Reddit’s shares rose more than 11 percent on the day the…
AMD Sells $4.75 Billion in Bonds, Its Largest Offering Yet
SUNNYVALE, Calif. — The offering documents hit the market on Aug. 13 with a settlement date of Aug. 17, and within a day the raise was done: Advanced Micro Devices…
Musk Holds 48.4% of SpaceX, Worth More Than $900 Billion
A regulatory filing published Aug. 14 lays out the ownership of the most valuable private company in the world in cold numbers: as of June 30, Elon Musk held 48.4…
Databricks Raises $5 Billion at $190 Billion Valuation, Led by Coatue
Databricks asked for $1 billion. It left the table with five times that, and a valuation to match. The company announced Aug. 14 that it closed a $5 billion funding…
OpenAI Names Dali Rajic Chief Revenue Officer, Its Second in a Year
OpenAI has a new sales chief, again. The company announced Aug. 14 that Dali Rajic, former president and chief operating officer of the cybersecurity firm Wiz, will become chief revenue…
SK Hynix Plans $720 Billion Expansion to Triple Memory Capacity by 2034
The construction site stretches across the hills south of Seoul, where cranes now outnumber the trees. CNBC toured the complex on Aug. 13, and the scale of what SK Hynix…
Microsoft Retires Copilot Features and Mascot in a Rare Product Retreat
The mascot had a ten-month run: a round, purple creature named Mico that Microsoft introduced to give its AI assistant a face. On Aug. 13, the company said Mico is…
