Adobe Buys Topaz Labs, Adding AI Video Tools to Creative Suite
Adobe said Thursday it has acquired Topaz Labs, the maker of AI-powered tools that sharpen, upscale, and repair images and video, in a deal whose terms were not disclosed. The…
White House Asks OpenAI to Delay Next Model as Safety Review Proceeds
The White House on June 25 formally asked OpenAI to postpone the release of its next large language model, citing safety and national security concerns, according to multiple reports. TechCrunch…
ON Semiconductor to Buy Synaptics in $7 Billion All-Stock Deal
ON Semiconductor said Thursday it has agreed to acquire Synaptics in an all-stock transaction valued at about $7 billion, the largest acquisition in the chip maker’s history and its most…
Cerebras Shares Halve in a Month as Margins Disappoint
The slide began quietly and then accelerated. Cerebras Systems, the AI chip maker that went public on May 14, fell as much as 12% in intraday trading Thursday to its…
Crowded AI Trades Leave Markets Quick to Fracture
Stocks across Asia fell sharply Friday, and the speed of the move — broad indexes swinging from calm to panic within a single session — has market strategists talking about…
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…
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…
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…
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…
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…
