Anthropic’s Annualized Revenue Tops $65 Billion as IPO Approaches
In routine investor briefings in late July, executives at Anthropic shared a number that would have seemed implausible two years ago: the company’s annualized revenue had crossed $65 billion, according…
Nvidia Puts $105 Billion Guarantee Behind OpenAI-Bound Ohio Data Center
The chip maker that powered the AI boom is now underwriting its real estate. Nvidia on Aug. 17 announced a multi-year partnership with SB Energy to advance the PORTS Technology…
Meta’s Off-Balance-Sheet AI Obligations Reach $420 Billion, Auditor Flags
Buried in Meta Platforms’ audited financials is a number that does not appear on the balance sheet: roughly $420 billion in AI-related obligations, according to an analysis by the Wall…
OpenAI’s Safety Team Disbanded, Company Says It Was a Reorganization
The Financial Times reported on Aug. 16 that OpenAI disbanded its Preparedness team, the unit charged with assessing catastrophic risks from AI models, at the end of July, folding its…
OpenAI Launches ChatGPT for Teens With Parental Controls
OpenAI on Aug. 18 released a dedicated version of ChatGPT for teenagers, bundling parental controls with study-oriented features in an effort to answer months of questions about minors using the…
Apple’s Camera AirPods Surface in macOS Update
The product reveal came in a file most people will never open. MacRumors, sifting through the demo video inside the macOS Tahoe 26.7 release candidate, found footage of AirPods fitted…
SpaceX Discloses Shareholder List as 319 Million Shares Come Free
SpaceX, in its latest regulatory filing, laid out who owns the rocket company, and the list reads like a roll call of the modern technology economy. Elon Musk holds 48.4%…
Einride Orders 500 Tesla Semis in Largest Electric Truck Deal
Einride, the Swedish company that sells electric trucking as a service, said it will buy 500 Tesla Semis for its North American fleet, the largest deployment of the electric heavy…
Higgsfield Raises $400 Million as AI Video Ads Catch On
Higgsfield, a startup that generates advertising video from text prompts, said on Aug. 17 it closed a $400 million Series B round led by DST Global, valuing the company at…
AI Chip and Storage Stocks Slide as Treasury Yields Hit 19-Year High
The mood that lifted AI hardware stocks on Monday vanished by Tuesday’s premarket session. Nvidia fell about 2%, Marvell dropped more than 6%, and storage makers SanDisk and Micron declined…
