Hedge Fund Pours $400 Million Into Chip Startup
SAN FRANCISCO–The hedge fund Situational Awareness has made a career of unconventional bets, from trading strategies that shocked markets to positions that other funds avoided. On Aug. 9, it placed…
SK Hynix Ex-Employee Gets 18 Months for Chip Leak
SEOUL–The trial lasted more than a year, and the technology at issue was worth more than most criminal cases in South Korea: manufacturing know-how for semiconductor memory, the industry that…
Google Play Adds Venmo, Opening App Store Payments
MOUNTAIN VIEW, Calif.–For a decade, buying apps on Google Play meant paying with a Google account: credit cards, carrier billing, and Google Pay were the options, and developers grumbled about…
Microsoft to Launch Maia 300 AI Chip Next Month
REDMOND, Wash.–For years, Microsoft’s AI infrastructure strategy had a simple shape: buy almost everything from Nvidia. The company’s Azure cloud grew into one of the world’s largest consumers of Nvidia…
TSMC Posts Record July Revenue on AI Orders
TAIPEI–The monthly revenue report from Taiwan Semiconductor Manufacturing Co. has become a ritual for the global chip industry, a monthly check on whether the artificial-intelligence boom is still feeding through…
Intel’s $15 Billion Offering Bets on AI Boom
SANTA CLARA, Calif.–Intel’s stock had a rough stretch in recent years, as the company lost its lead in chip manufacturing and watched its market value shrink. This week, the company…
Anthropic Eases Biosafety Limits on Claude Fable 5
SAN FRANCISCO–A researcher trying to interpret a lab experiment on Claude, Anthropic’s AI assistant, would previously watch the model suddenly refuse the request or hand the task to a less…
iPhone 17 Price Rise Expected as Memory Costs Bite
Apple could raise prices on its iPhone 17 lineup as soon as Monday, August 10, according to reports that circulated across tech media over the weekend. The claim originated with…
Two Policy Experts Tell Appeals Court AI Won’t Fix Google’s Search Monopoly
Two American technology policy experts filed a 34-page amicus brief with the District of Columbia Circuit Court of Appeals on August 8, supporting the Justice Department’s remedies in the Google…
ARK Adds Nvidia and TSMC After Meta’s Slide
Cathie Wood’s ARK Invest bought Nvidia and Taiwan Semiconductor Manufacturing Co. stock in the trading days after Meta Platforms’ disappointing earnings report, while trimming part of its AMD stake, according…
