KKR and SK Group Form South Korea’s Largest Renewable Energy Platform
The deal, announced on July 1, pairs one of the world’s biggest private-equity firms with one of South Korea’s largest conglomerates in a bet that the country’s energy future belongs…
SoftBank Restarts $10 Billion Loan Talks, Offering Guarantee on OpenAI Stake
SoftBank Group has resumed negotiations with a consortium of banks over a $10 billion margin loan, this time with a concession designed to address the lenders’ concerns: the company is…
SpaceX Denies Building an AI Phone, and Qualcomm Shares Feel the Whiplash
The report appeared on Tuesday, and within hours it was moving markets: SpaceX, preparing for its new life as a public company, had reportedly shown some investors a prototype of…
Meta Prepares to Sell Excess AI Computing Power to Outside Customers
The plan, according to people familiar with it, has been taking shape inside Meta for months: sell access to the company’s AI computing capacity and models to external customers, entering…
Anthropic Restores Fable 5 Access After Weeks of Talks With Washington
The model is back online, and the terms are stricter. Anthropic this week restored access to Fable 5, its most capable artificial-intelligence model, which had been shut down after U.S.…
Asia’s Chip Stocks Sink as KOSPI Falls Nearly 8% in Broad AI Selloff
The selling began in Seoul and spread across the region: by the close of trading on Thursday, South Korea’s KOSPI had fallen nearly 8%, its worst single-day loss in years,…
AWS Raises GPU Instance Prices 20%, Passing AI Compute Costs to Customers
The price change took effect on July 1, and it was the first of its kind in the cloud industry: Amazon Web Services raised the prices of its GPU instances…
AMD Deploys Photonic AI Networking in First Commercial Rollout
The announcement, made this week, describes a technology that has been discussed in data-center circles for years and demonstrated in laboratories for almost as long: replacing the electrical signals that…
Broadcom’s Custom-Chip Rise Tests Nvidia’s Grip on the AI Market
The analysis, published by industry researchers this week, lays out a shift that has been building quietly for two years: Broadcom, long known as a maker of networking chips and…
A Tiny Nasdaq Company Reveals $386 Million in OpenAI and Crypto Holdings
The disclosure, filed this week, is the kind that makes analysts do a double take: Eightco Holdings, a micro-cap company listed on Nasdaq under the ticker ORBS, reported an asset…
