OpenAI Hires SpaceX’s Brian McCarthy to Lead Global Sales
OpenAI has turned to SpaceX for the executive who will run its sales force. The company has hired Brian McCarthy as vice president of global sales, according to reports, bringing…
CoreWeave Raises Debt and Plans a Stock Sale to Fund More Chips
CoreWeave moved on both sides of its capital structure on September 17. The AI cloud provider said it would sell $3 billion of convertible senior notes due in 2033 in…
RWE and Oracle Sign a 433-Megawatt Wind Power Deal for Texas
A German energy company and a cloud giant tied themselves together over Texas wind. RWE announced on September 17 that it had signed a virtual power purchase agreement with Oracle…
Anthropic Says Claude Now Leads a Quarter of Its AI Research
Anthropic put a number on a question the AI industry has been arguing about in the abstract. In a report released Thursday, the company said that its Claude chatbot now…
SpaceX AI Unit Weighs Buying Data From Struggling Startups to Train Grok
SpaceX’s artificial-intelligence division is considering an unusual source of training material: other people’s failed companies. SpaceXAI has held informal internal discussions about buying customer and operating data from startups that…
OpenAI Study Finds Employees Taking On More Cross-Occupation Tasks
The second installment of OpenAI’s economic research arrived on September 16 with a finding that reframes what AI is doing inside companies. The researchers analyzed more than 1.5 million work-related…
SoftBank Enlarges Arm-Backed Margin Loan to $25 Billion
SoftBank Group went back to its most reliable source of capital and asked for more. The Japanese conglomerate has increased the margin loan it holds against its shares in chip…
Anthropic and OpenAI Seek Smaller Data Center Deals to Speed Up Compute
The hunt for computing power has a new shape. Anthropic and OpenAI, two of the companies that signed the largest data center contracts of the past year, are now shopping…
Google Opens Its Smart-Home System to Outside AI Assistants
Google took a step on September 16 that reorders a small but telling corner of the AI race. The company launched early access to Home MCP, a protocol layer that…
CoreWeave Raises Debt and Plans a Stock Sale to Fund More Chips
CoreWeave moved on both sides of the capital structure on September 17. The AI cloud provider said it would sell $3 billion of convertible preferred notes and, in a separate…
