Qualcomm’s Bet on a Compiler, Not a Chip
Qualcomm said it has completed its acquisition of Modular, the AI infrastructure company behind the Mojo programming language and the MAX inference engine, according to HPCwire. The deal, announced in…
Uber Builds Its Own Robotaxi Web
Uber has spent the past year assembling its own autonomous-driving ecosystem through a string of partnerships and investments, and its relationship with Waymo has grown strained in the process, according…
Amazon Lifts AI Spending as AWS Growth Accelerates
Amazon.com Inc. shares rose more than 9% in after-hours trading Thursday, a relief rally that followed a second-quarter report showing the company’s cloud unit growing faster than Wall Street expected…
Apple’s Record June Quarter Meets a Cool Reception
The numbers were among the best of Tim Cook’s tenure. Apple Inc. reported record revenue and profit for its June quarter Thursday, with iPhone sales up 22% and Mac sales…
Microsoft’s $450 Billion Surge Resets the AI Trade
The day after Microsoft Corp. reported earnings, its stock climbed by more than the entire market value of most companies. Shares rose enough to add about $450 billion to Microsoft’s…
Anthropic Lines Up $15 Billion for Texas Data Center as Google Backs the Build
Data center developer Nexus Data Centers is raising about $15 billion for a Texas project built around Anthropic, according to people familiar with the matter, with Google providing guarantees and…
A 24-Year-Old’s AI Fund Unwinds After July’s Selloff
The hedge fund that made Leopold Aschenbrenner the most famous 24-year-old in artificial intelligence has sold most of its public stock positions to Citadel, according to people familiar with the…
SpaceX Wins $1.6 Billion Space Force Launch Contract
The U.S. Space Force has awarded SpaceX a $1.6 billion contract covering 18 Falcon 9 missions to deploy sensing and targeting satellites by 2027, according to Reuters, the latest in…
Tesla and SpaceX Merger Talk Returns, With a China Twist
Reports that Tesla Inc. was weighing a spinoff of its China business to clear the way for a merger with SpaceX pushed the company’s shares around this week, until Elon…
Chip Prices Climb Across the Board as Memory Shortage Spreads
Qualcomm Inc. told customers it will raise prices on its Snapdragon processors by double digits starting September 1, according to people familiar with the matter, joining a wave of increases…
