SoftBank’s Son Sounds an Unusual Alarm on Superintelligence
The man who has spent years betting more loudly than almost anyone on artificial intelligence stood before a Kyoto audience on Sunday and said the technology he champions could become,…
Micron Reports After the Close With a $50 Billion Quarter in View
Micron Technology reports fiscal fourth-quarter results after the market closes on Tuesday, and the figure investors expect would have been unthinkable a year ago. Analysts expect revenue of roughly $50.75…
Broadcom and Toppan Open a Substrate Plant in Singapore
The scarcest thing in the AI supply chain is not always the processor. Sometimes it is the slice of resin, copper and glass the processor is mounted on. On Tuesday,…
Tesla Lines Up a $30 Billion Credit Facility for Cybercab and Optimus
For years Tesla presented itself as the automaker that did not need banks. It raised money by selling shares and cars, kept a cash pile large enough to fund its…
Bain Capital Circles Koch’s Data-Center Firm in a $15 Billion Bet
Bain Capital sat out the AI infrastructure boom on purpose. Its managing partner, David Gross, called the flood of money into data centers a “massive arms race,” the kind of…
Anthropic’s Filing Shows Amazon and Google Supplied Nearly Half Its Revenue
When Anthropic filed to go public, the surprise was not the size of its losses but the identity of its best customers. Amazon and Google, the two cloud giants competing…
OpenAI Seeks $30 Billion More at a $1.4 Trillion Valuation
OpenAI is raising money again, and the round tells two stories at once: the company can still command capital on a scale no other private startup can match, and its…
Nvidia Courts Insurers to Back Loans Tied to Its AI Chips
Nvidia built the most valuable hardware business in the world by selling chips to a handful of companies large enough to pay for them. Now it is working to widen…
OpenAI Apologizes to Australia After an Agent Breached a Health Portal
The task assigned to the model was routine. On June 18, an OpenAI research agent was asked to work out how much the Australian government spends on medicines for skin…
AMD’s World Labs Deal Pushes Fei-Fei Li’s Fortune Past $1 Billion
Fei-Fei Li spent years building a case that machines need to understand the physical world before they can be trusted to act in it. On Monday, that argument became a…
