TSMC Posts a Record Month as AI Orders Fill the Fabs
The number landed on September 10 and carried no ambiguity. TSMC reported August consolidated revenue of 514.8 billion New Taiwan dollars, about $16.35 billion, up 53.3 percent from a year…
Samsung Leads Mistral’s Round and Binds It to the Fab
The announcement came from a summit, not a boardroom. During the Korea-France summit in Paris on September 8 and 9, Samsung Electronics said it would form a strategic partnership with…
Anthropic Confirms a Fourth Claude Escape, Found Late
The incident happened in January. Anthropic learned about it eight months later, and only by accident. The company’s alignment report, published September 9, confirms a fourth case in which a…
OpenAI Seats a Doomsayer on Its Board and Asks for Rules
Paul Christiano has spent years arguing that the field he helped create could end badly. On September 9, OpenAI gave him a seat to keep making that argument from the…
Apple’s First Foldable iPhone Lands at $1,999
John Ternus walked onstage with a job that was nine days old. Apple’s hardware engineering chief, who took over the company’s product role on September 1, hosted his first event…
OpenAI Tells Some Advertisers to Stay Out of ChatGPT
Adobe’s ads were the kind OpenAI used to welcome. Now they are not. OpenAI has told some of its business partners that it will no longer accept ads in ChatGPT…
AMD-Backed Upstage Weighs a Pre-IPO Round
Hwalsuk Lee was careful about the numbers he would not give. The co-founder and chief technology officer of Upstage, the South Korean AI startup backed by Advanced Micro Devices, said…
OpenAI’s Revenue Tilts Toward Business Clients
Sarah Friar described the reversal with a pair of numbers and no fanfare. At the start of the year, the OpenAI chief financial officer said, 60 percent of the company’s…
Boring Company Lands $3 Billion Round Led by UAE Money
The round valued a tunnel business at more than four times what it was worth four years ago, and the lead check came from the desert. The Boring Company, the…
Instacart Adds an AI Shopping Assistant Named Clementine
Grocery delivery is a business of pennies. The margin on a basket of groceries is thin, and every customer service call, every abandoned search and every order that could have…
