General Intuition Raises $320 Million to Train AI Agents in Video Games
General Intuition said Thursday it has raised $320 million at a valuation of $2.3 billion, a vote of confidence in its unusual thesis: that video games, not real-world data, are…
Nvidia Shares Slip Below $200 as Competition Fears Spread
Nvidia’s stock has fallen below the $200 mark, according to a Barron’s report from earlier this week, as investors weigh a competitive picture that has grown more crowded than at…
Qualcomm’s AI Chip Wins Microsoft and Meta as Customers
Qualcomm’s stock has held near recent highs as investors digest the company’s announcement that Microsoft and Meta will adopt its latest AI chip, a deal that positions the mobile-chip maker…
SpaceX Shares Slip Below Key Level; Early-Investor Sales May Be Delayed
SpaceX shares have kept sliding since the company’s listing, and the stock has now fallen to a level that could delay the sale of roughly 10% of the shares issued…
NVIDIA Vows to Return at Least Half Its Free Cash Flow to Shareholders
SANTA CLARA, Calif.—Jensen Huang had a message for the shareholders who gathered for NVIDIA’s annual meeting on June 24: the chip maker plans to hand back half or more of…
SK Hynix Plans $29 Billion U.S. Share Sale; Stock Jumps 15%
SEOUL—SK Hynix shares jumped 15% in a single session on June 24 after the memory maker said it plans to raise 45.45 trillion won, about $29.4 billion, by selling depositary…
Amazon Adds $13 Billion to India AI and Cloud Bet
NEW DELHI—Andy Jassy met India’s prime minister on June 25 and left the room having committed another $13 billion to the country. The additional investment, to run through 2030, will…
Two Google AI Researchers Plan Move to Anthropic
Two researchers who played key roles in Google’s Gemini AI models plan to join Anthropic, according to people familiar with the matter, in the latest sign that competition for top…
Anthropic Accuses Alibaba of Scraping Claude Data With 25,000 Fake Accounts
Anthropic publicly accused Alibaba of systematically harvesting data from its Claude AI assistant through 25,000 fake accounts, a claim that, if accurate, would be one of the largest known thefts…
Anthropic Hires Orange AI Chief to Lead Europe Expansion
Anthropic has appointed the head of AI at French telecom Orange as its president of Europe, according to Reuters, a hire timed to the approach of the European Union’s AI…
