Patronus AI Raises $50 Million to Stress-Test AI Agents
Patronus AI said Thursday it has closed a $50 million Series B round, money the startup will use to build simulated digital worlds where AI agents can be pushed to…
Microsoft Shares Slip as AI Spending Pressures Cloud Margins
Microsoft’s stock fell again Thursday, extending a slide driven by investor unease over the company’s record spending on artificial intelligence infrastructure and what it means for the profitability of its…
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…
OpenAI and Broadcom Unveil First Custom Chip, Named Jalapeño
OpenAI and Broadcom on June 24 unveiled Jalapeño, the first custom chip from the maker of ChatGPT, marking the company’s formal entry into silicon design and its most concrete step…
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…
Notion to Shut Email Service 17 Months After Launch
Notion told users this week that it will stop operating Notion Mail on September 22, closing a service that will have lasted about 17 months. The technology publication 9to5Mac reported…
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…
Morgan Stanley Sees AMD’s Venice Server Chip Outshipping Nvidia’s Vera
The note from Morgan Stanley landed on clients’ screens with a forecast that a year ago would have been dismissed as wishful thinking: AMD’s next server processor will ship more…
