U.K. and Japan Sign $24 Billion Technology Pact
The signing table was set in London, and the two prime ministers put their names to an agreement worth more than £18 billion, or about $24 billion, covering artificial-intelligence research,…
History’s Biggest IPO Wave Carries a Familiar Warning
SpaceX’s record listing is done. Two more stand behind it in the queue, and the combined scale has no precedent. OpenAI is aiming at a $1 trillion valuation, and Anthropic…
SpaceX’s Rise Rewrites the Alphabet of Big Tech
The ticker tape says it plainly: SpaceX, a company whose shares began trading days ago, now sits among the six most valuable companies in the United States. With a market…
Google Appeals German Ruling That Put AI Search on the Hook
The May ruling from a Munich court was blunt, and the sentence has been quoted across the industry ever since: “Nobody needs AI to search the internet.” Google filed its…
SK Hynix Plans U.S. Listing as Early as August, Reuters Reports
The Korean chip maker that has ridden the AI memory boom to a $1 trillion market value is preparing to take its shares to the United States. SK Hynix plans…
Chip Stocks Split a Week After the Broadcom Selloff
The SOXX semiconductor ETF fell 10% in a single day on June 5, and the sector’s biggest names fell harder. AMD dropped 10.9%, Intel 11.3%, and the memory and equipment…
Amazon Puts Claude Fable 5 on Bedrock Days Before U.S. Order to Disable It
The announcement was routine for AWS: a new model, available to enterprise customers on the Bedrock platform, billed as another step in Amazon’s effort to offer every major AI system…
Tesla’s Robotaxi Service, a Year In, Runs 59 Cars and Crashes More Than Humans
On a weekday morning in Austin, the wait for a Tesla robotaxi can stretch past 20 minutes, and the ride, when it arrives, does not always make it to the…
Micron’s Free Cash Flow Is Set to Exceed All Prior Years Combined
The number that has Micron’s investors talking is not revenue, and it is not market share. It is free cash flow — the money left after capital spending — which…
AMD Shares Rally as Analysts Lift Price Targets Across the Board
The notes went out within hours of each other. Citi raised its target on AMD to $575, Bank of America to $560, TD Cowen to $600 and Mizuho to $615.…
