Anthropic Walks Away From Decart Deal After Due Diligence
The courtship had the shape of a decisive move: an AI company with a war chest, a startup with technology that could cut the cost of running models, and a…
Qualcomm and Amazon Join Forces on Custom AI Chips, With Warrants Tied to a $60 Billion Prize
The two companies have circled each other for years, Amazon as a customer for Qualcomm’s wireless chips and Qualcomm as an outsider to the custom silicon business that Amazon’s cloud…
Intel Prepares Another 10 Percent Price Increase on PC Processors
The letter has not gone out yet, but the number is circulating through the supply chain. People familiar with the plans say Intel is preparing to raise prices on its…
Investment Banks Court Rating Agencies Ahead of Anthropic and OpenAI IPOs
The calls began months ago, before either company had filed for an offering, according to people familiar with the efforts. Investment banks advising Anthropic and OpenAI have been making the…
Samsung Leads Mistral AI’s EUR 3 Billion Round as Europe’s AI Ambitions Look East
Arthur Mensch has spent two years positioning Mistral AI as the answer to a question European policymakers keep asking: where is the continent’s own answer to OpenAI? On Tuesday the…
Kalanick’s Atoms Circles Back to the Robotaxi Business That Ousted Him
The founder who was pushed out of Uber is building a company that wants to supply it. Travis Kalanick’s startup Atoms is preparing for a hiring spree and a round…
Uber Prepares Its First Bond Sale in Euros
The bankers have been chosen and the roadshow is being assembled. Uber has hired banks to arrange its first bond offering denominated in euros, according to people familiar with the…
Arm Asks Shareholders to Approve an $800 Million Package for Its Chief
The annual meeting will have a question at its center that has nothing to do with chips. Arm Holdings shareholders vote Tuesday on a pay package for chief executive Rene…
Anthropic’s Compute Bill Comes Into View: 14.8 Gigawatts, Up to $517 Billion
The numbers were always large in private. On Sunday they became public. The Information reported that Anthropic, the artificial-intelligence company preparing to sell shares to investors, has signed agreements for…
LG-Backed Robot Maker Bear Robotics Opens a Pre-IPO Funding Round
The bankers and private equity funds were the first to hear the pitch. Bear Robotics, the California robot maker controlled by LG Electronics, has begun a pre-IPO funding round as…
