Nebius Swaps Gas Turbines for Fuel Cells at 300-Megawatt Data Center
Nebius, the AI cloud company, said on Aug. 17 that its 300-megawatt data center in New Jersey will run on Bloom Energy fuel cells instead of gas turbines, a switch…
Spotify Founder’s Neko Health Opens First U.S. Clinic in New York
The full-body scanner that has screened tens of thousands of patients in Europe arrives in New York this week. Neko Health, the health startup founded by Spotify creator Daniel Ek,…
Anthropic’s Q2 Revenue Jumps 14-Fold Ahead of a Blockbuster IPO
SAN FRANCISCO — The filing landed with the Securities and Exchange Commission in June, wrapped in the confidentiality that American law grants companies preparing to go public. The number inside…
SpaceX Closes $60 Billion All-Stock Deal for Cursor
CAPE CANAVERAL, Fla. — The merger agreement was signed in June, priced in shares rather than cash, and on Thursday the paperwork landed with regulators: SpaceX has completed its acquisition…
PandaAI Raises Three Rounds to Push AI Into Trading Desks
BEIJING — The pitch that PandaAI’s founders have been making to Chinese investors is simple: the tools that made AI useful for writing and coding can be aimed at trading.…
Stripe Nears Finish Line on $7 Billion OpenRouter Purchase
SAN FRANCISCO — The two companies had been circling each other since midsummer, and by Sunday the outline of a deal was firm. Stripe, the payments giant, has finalized an…
OpenRouter’s Fivefold Jump Shows What AI Traffic Is Worth
NEW YORK — A little more than three months ago, OpenRouter raised money at a valuation of about $1.3 billion, with GV, Alphabet’s venture arm, leading the round. On Sunday,…
Nvidia Backs OpenAI’s Ohio Campus With $105 Billion Guarantee
PIKE COUNTY, Ohio — The site sits on the former Portsmouth Gaseous Diffusion Plant, a Cold War relic whose enrichment buildings have stood empty for decades. By the end of…
Samsung Weighs Moving Memory Packaging to Vietnam to Make Room for HBM
SEOUL — Samsung Electronics is evaluating a shift that would redraw its memory manufacturing map: moving DRAM and NAND packaging lines from its Cheonan and Onyang plants in South Korea…
Claude Outage Hits Anthropic for 36 Minutes in IPO Run-Up
SAN FRANCISCO — For about half an hour on Sunday, one of the most valuable private companies in technology could not get its own product to work. Anthropic’s Claude service…
