Former Google Researchers Raise $6.5 Million to Build an AI ‘Judge’
Rishub Jain, a former Google researcher, spent years watching AI models grow more capable and less predictable. Now he is betting that the answer is a referee: a human-machine system…
Anthropic Pitches Investors on $30 Trillion Market Ahead of Planned IPO
The pitch begins with a number that dwarfs the global economy: more than $30 trillion. Anthropic, the AI company behind the Claude chatbot, plans to tell prospective investors that its…
Emerald AI Raises $150 Million to Turn Data Centers Into Flexible Power Users
On hot afternoons in California, when grid operators plead for every megawatt, a data center running Emerald AI’s software does the opposite of what its tenants expect: it throttles back.…
SoftBank Explores Up to $20 Billion Bond Sale to Refinance OpenAI Stake
SoftBank Group executives have begun talks with investment banks about a bond offering that could raise between $10 billion and $20 billion, according to people familiar with the matter, part…
Micron Falls 6.9% as China Memory IPO and Patent Fight Weigh on the Stock
BOISE, Idaho — Micron Technology’s shares fell about 6.9 percent on Monday, sliding below $910, as investors weighed two pressures at once: a coming Chinese memory-chip initial public offering that…
Justice Department Probes a16z’s Board Seats at Rival AI Companies
WASHINGTON — The Justice Department is investigating whether Andreessen Horowitz, one of the most powerful venture capital firms in Silicon Valley, creates conflicts of interest by holding board seats at…
SoftBank Plans Record $6.3 Billion Retail Bond Sale to Fund AI Bets
TOKYO — SoftBank Group plans to issue about 1 trillion yen, or roughly $6.3 billion, in retail bonds in the Japanese market, a sale that would be the largest in…
Samsung’s Record $80 Billion Return Fails to Lift Shares; KOSPI Slumps
SEOUL — Samsung Electronics announced on Aug. 20 the largest shareholder-return program in Korean corporate history: up to $80 billion in buybacks and dividends, a figure the company framed as…
Nvidia in Talks to Invest in Perplexity at Over $30 Billion Valuation
SAN FRANCISCO — Nvidia, the chip maker whose processors power much of the artificial-intelligence boom, is in discussions to invest in the AI search company Perplexity at a valuation above…
Anthropic’s Pricey Fable 5 Struggles to Win Corporate Spending
SAN FRANCISCO — When Anthropic released Fable 5, its most powerful model, the company’s sales team pitched it as the product that would justify the premium the market was placing…
