Google Finishes an $85 Billion Equity Raise for Its AI Buildout
Alphabet has completed the largest equity offering in its history, raising roughly $85 billion to fund the data centers, chips and power that its AI push requires. The capital is…
Bezos’s Prometheus Raises $12 Billion to Engineer the Physical World
Jeff Bezos sat down with CNBC’s David Faber at Prometheus’s San Francisco headquarters and, for the first time, explained publicly what he is building with his money. The company he…
SpaceX’s Nasdaq Debut Becomes the Largest IPO in History
Gwynne Shotwell rang the opening bell at the Nasdaq MarketSite in Times Square, and a stock that investors had chased for years finally traded under a ticker. SPCX opened at…
Adobe’s CFO Exit Overshadows a Beat-and-Raise Quarter
The earnings release contained two stories. The one investors traded was buried near the bottom, three sentences long: Adobe’s chief financial officer, Dan Durn, was leaving in four days. Shares…
Meta Cuts Off Manus as It Unwinds a $2 Billion Deal
Inside Meta Platforms, the internal memo said it plainly: Manus is being “sunset.” Staff were told to migrate existing Manus projects onto Meta’s own systems and not to begin new…
Warner Music Buys an AI-Tracing Startup to Track Its Catalog
Warner Music Group said Tuesday it has acquired Sureel AI, a company whose technology builds a unique “AI-DNA” signature for each piece of music and tracks how AI models use…
TSMC Flags Higher Prices as AI Demand Strains Its Lines
Taiwan Semiconductor Manufacturing Co., the world’s largest contract chip maker, is signaling that its customers should expect to pay more. Chief Financial Officer Wendell Huang said inflation has pushed up…
Amazon and Nvidia Put $1.4 Billion Into German Robot Maker Neura
Neura Robotics, a German company founded in 2019 by engineer David Reger, has closed a $1.4 billion Series C round with Amazon and Nvidia among the investors, according to people…
Intel Wins Google’s TPU Business in a Foundry Breakthrough
Google has ordered more than three million of its custom TPU AI chips from Intel’s foundry, with production scheduled for 2028, according to people familiar with the agreement. The order…
Nvidia’s Robot Blueprint Puts a Chinese Chassis at the Center
Nvidia’s vision for humanoid robots now has a blueprint. The company this week released Isaac GR00T, its first open-source reference design for a humanoid robot, a specification sheet and software…
