ASML Becomes Europe’s Most Valuable Company on AI Chip Demand
ASML has become the most valuable company in European history. The Dutch maker of lithography machines, whose equipment is required to produce every advanced AI chip, has seen its market…
Apple Doubles MacBook Neo Output After Demand Beats Forecasts
Apple’s cheapest MacBook in years has turned into one of the company’s fastest-selling products, prompting the Cupertino, Calif., company to double planned production of the $599 laptop to 10 million…
TSMC Says It Can’t Keep Up With AI Demand
The world’s most important chipmaker has run out of polite ways to say no. TSMC, the Taiwanese foundry that manufactures the processors behind nearly every AI system in production, said…
Google’s Gemini Surpasses 2.5 Billion Users With AI Search Summaries
Google’s AI-powered search summaries have become the most widely used artificial intelligence product on earth, reaching 2.5 billion monthly users, according to an investor presentation Alphabet released this week. The…
Alphabet Raises $85 Billion to Fund Google’s AI Push
Alphabet has raised $85 billion for its Google AI business through the largest debt and financing package in the company’s history, a sum larger than the valuation of most AI…
Microsoft and OpenAI, Once Allies, Now Rivals
Mustafa Suleyman, the executive Microsoft put in charge of its artificial intelligence business, has a simple message for the company’s employees, partners and competitors: Microsoft no longer needs OpenAI. “We…
Wharton Researchers Warn AI Could Produce Everything and Sell Nothing
PHILADELPHIA — The paper is an academic exercise, a mathematical model of an economy where machines do the work and people do the buying, and its conclusion is a paradox…
Alphabet Raises $80 Billion in Its Largest-Ever Share Sale to Fund AI Buildout
MOUNTAIN VIEW, Calif. — The news arrived in a regulatory filing rather than a keynote, and it was the largest equity raise in Google’s history. Alphabet announced plans to sell…
Huang’s RTX Spark Launch in Taipei Redraws the Map of the AI Hardware Business
TAIPEI — The keynote began with a countdown and a crowd that had queued since before dawn, and Jensen Huang did not open with a slide. He walked onto the…
Uber’s Employees Spent the Year’s AI Budget in Four Months, and Finance Took Notice
SAN FRANCISCO — The spreadsheet landed on the chief financial officer’s desk with a number that did not look right. Uber’s internal data showed employees had used up the company’s…
