Hugging Face in Sale Talks at $13 Billion Valuation
SAN FRANCISCO — The first sign that something was in motion came late Sunday, when bankers who had spent the weekend working the phones declined to say who was calling.…
Super Micro Completes Export-Control Review, Clearing a Regulatory Hurdle
Super Micro Computer Inc. said Thursday that an independent investigation into allegations of export-control violations has concluded, according to the company, closing a review that has hung over the AI…
Micron Says Memory Capacity Is Booked Through 2028
The order book tells the story. Micron Technology Inc., one of only three companies in the world that make high-bandwidth memory, said its production capacity is now reserved through 2028,…
Samsung SDI to Sell $3.2 Billion Samsung Display Stake to Fund Battery Push
Samsung SDI Co., the battery-making arm of Samsung Group, said Friday it will sell 13.09 million shares of Samsung Display Co., worth about 4.45 trillion won ($3.2 billion), to the…
Google Loses Four More Top AI Researchers, Shedding $186 Billion in Market Value
The departures came in quick succession last week: four of Google’s most senior AI researchers handed in notice within days of one another, according to people familiar with the matter.…
OpenAI Backs California AI Safety Bill, Cuts Model Prices, Takes Ads to Europe
In the space of 48 hours last week, OpenAI did three things that, taken together, sketch the strategy of a company preparing to go public. It endorsed a California bill…
Nvidia Tells Big Customers AI Server Prices Will Rise More Than 15%
The notice arrived over the past week, and it carried a message that procurement teams at the world’s largest cloud providers had been dreading: Nvidia Corp. is raising prices on…
SpaceX Shares Slide as Second Lockup Release Adds to Selling Pressure
SpaceX’s stock fell 5.6 percent on Wednesday as the company’s second lockup period expired, freeing about 319 million shares for trading, according to data compiled by this publication. The decline…
Oracle’s Troubled VA Records Contract Grows to Nearly $27 Billion
The Department of Veterans Affairs has raised the ceiling on Oracle’s electronic health records contract by nearly $17 billion, bringing the total value of the program to almost $27 billion,…
Prime Video Bets $2 Billion on Latin America’s Streaming Growth
Amazon’s Prime Video will invest more than $2 billion in Latin America between 2027 and 2030, funding local original series and sports broadcasts, the company announced on Wednesday. It is…
