The Sell Signal Is Over. It Was Never a Buy Signal.
The gauge fell to 7.4 from 8.1, and with that the sell signal that Bank of America had been running since May ended. Michael Hartnett, the bank’s chief investment strategist,…
Amodei Says Culture Takes Up to 40% of His Time as IPO Talk Grows
Dario Amodei says the most important part of his working day is the part that does not appear on any product roadmap. In an interview published by Fortune on October…
Tenstorrent Hires Bankers as the Chip Startup Weighs Its Options
For five years Tenstorrent has sold itself as the chip company that would rather license its designs than become another capital-hungry manufacturer of accelerators. On October 17 the company hired…
OpenAI Dismisses an Engineer Accused of Bugging an Executive Meeting Room
OpenAI confirmed on October 18 that it had dismissed an employee accused of placing a recording device in an executive meeting room at its San Francisco office, a case that…
The AI Credit Market Puts a Price on Doubt
The bond pays 9.75 percent and matures in 2031, and this week it was quoted at a yield to maturity of 15.78 percent, a level that in most of the…
Toyota Plans to Put Its Software Platform in Every Car by 2030
At an investor technology briefing in Japan earlier this month, Toyota Motor put a number on a slide that its engineers had been circling for five years. By 2030, roughly…
AWS Says Its AI Servers Pay for Themselves in Under Three Years
John Felton, the chief financial officer of Amazon Web Services, gave an interview to Axios this week that read as an answer to a question investors have been asking for…
Claude Traces the Seeds of NIST’s Curves to a 1997 Clock Reading
For twenty-five years the number sat in a federal standard without an explanation: SEED = C49D3608 86E70493 6A6678E1 139D26B7 819F7E90. From that value, by a procedure published in 2000, the…
Taiwan Plans Supplier Parks in Texas, With Private Money and Public Backing
Kung Ming-hsin, Taiwan’s economy minister, described the problem this week in the plain terms of a purchasing manager. The companies that make the racks, the cables, the cooling manifolds and…
Intel’s Chief Says Washington Holds 8.2% and Stays Out of the Room
Intel Chief Executive Lip-Bu Tan said the U.S. government has not used its minority stake to shape company decisions, an assertion that answers a question Intel’s customers have been asking…
