Microsoft Trains Sales Teams to Pitch Against OpenAI and Anthropic
Microsoft is training thousands of sales representatives to sell Azure AI alongside its own models, and to steer customers toward questioning the cost-effectiveness of OpenAI and Anthropic, according to internal…
Databricks Raises Strategic Round at $188 Billion Valuation
The round was confirmed quietly, the way Databricks has done these things since it stopped needing to shout. The company, which sells software that helps enterprises organize data for AI,…
ASML Raises 2026 Outlook and Expands Capacity as AI Demand Strains Lithography
ASML Holding NV raised its revenue forecast for 2026 and outlined plans to expand production capacity after reporting second-quarter results, a move Reuters said should ease worries that shortages of…
Founders Fund Hires Former OpenAI Executive, Signaling Talent War Reaches VC
Founders Fund, the venture firm co-founded by Peter Thiel, has hired Ryan Beiermeister, a former OpenAI executive, to its investment team, according to TechCrunch. The move is the latest sign…
Intel and Alphabet Earnings Set Up as Referendum on AI Spending
Intel Corp. and Alphabet Inc. report earnings next week, and investors are treating the two results as the first real test of whether the money flooding into artificial-intelligence infrastructure is…
Ex-DeepMind Researcher Raises $55 Million With No Product and No Customers
A former DeepMind researcher has raised $55 million in a pre-seed round that values the company at $300 million, according to TechCrunch, before the startup has shipped a product, signed…
Uber to Buy Delivery Hero for $14.8 Billion, Nearly Doubling Food-Delivery Reach
Uber Technologies Inc. has agreed to acquire German food-delivery company Delivery Hero SE for $14.8 billion, a deal that would expand Uber Eats’ footprint from 45 countries to more than…
Netflix Shares Slide 9% After Hours as Guidance Misses and Disclosure Narrows
Netflix Inc. shares fell about 9% in after-hours trading Thursday after the streaming company’s third-quarter revenue guidance came in well short of Wall Street’s expectations and the company said it…
SpaceX Shares Dip Below IPO Price as Starship Abort Tests Investor Patience
SpaceX’s stock fell below its initial public offering price on Thursday after the 13th test flight of its Starship rocket was aborted in the final second before liftoff, a setback…
Chip Stocks Tumble as TSMC’s Record Quarter Leaves Investors Wanting More
Semiconductor stocks fell for a second consecutive session on Friday, with Nasdaq futures down nearly 2% in premarket trading, as investors shrugged off record quarterly results from Taiwan Semiconductor Manufacturing…
