Hadrian Raises $1.37 Billion for Defense Manufacturing
HAWTHORNE, Calif.—The machines in the factory do not look like weapons, and the company that runs them insists they are not in the business of making any. Hadrian builds precision…
Lumilens Raises $700 Million for Optical Interconnects
SAN JOSE, Calif.—The copper cables under the world’s data centers are running out of headroom, and a startup few people had heard of a year ago just raised a large…
Mubadala Weighs $6.3 Billion Data Center Bet in Japan
ABU DHABI—The oil-rich sheikhdom is looking north, to a prefecture in Japan known for rice paddies and sake, not servers. Mubadala, Abu Dhabi’s sovereign wealth fund, is evaluating an investment…
Alphabet Returns to Debt Market With $25 Billion Bond Sale
The term sheets began moving through Wall Street syndicate desks before the trading day started: ten tranches, maturities stretching from two years to forty, and a target of as much…
DOJ to Oversee OpenAI’s Green-Card Sponsorships Under Three-Year Agreement
The settlement was announced Wednesday by the Civil Rights Division of the Department of Justice, and for OpenAI it brought something the company has had in short supply on its…
SpaceX Lockup Expiry Piles Pressure on Shares After Earnings Drop
The calendar flipped to August 6, and the lockup that had kept nearly a billion SpaceX shares off the market expired at midnight. By morning, roughly 911.5 million shares held…
Meta Launches Muse Code, Entering the Coding-Agent Race
Mark Zuckerberg did the launch himself. On Wednesday, the Meta chief executive took to his social platforms to demonstrate Muse Code, the company’s new terminal-based coding agent, now in beta.…
SoftBank’s Quarterly Profit Beats Forecasts as Intel Stake Yields $8.2 Billion
When SoftBank Group’s April-June results crossed the wires on Wednesday, the headline number appeared to disappoint: net profit fell 18% from a year earlier. Then the market looked at the…
TSMC Sits on $1 Billion in Finished Apple Chips as DRAM Shortage Bites
Inside TSMC’s fabs, the work is done. The 2-nanometer chips Apple ordered are manufactured, tested and packed, worth roughly $1 billion, or about NT$32 billion. And there they sit, because…
Tesla Starts Mass Production of Megapack 3 Storage Units
The first units were rolling off the line this week, and for Tesla’s energy division the moment was a long time coming. Megapack 3, the company’s next-generation grid-scale storage product,…
