History’s Biggest IPO Wave Carries a Familiar Warning
SpaceX’s record listing is done. Two more stand behind it in the queue, and the combined scale has no precedent. OpenAI is aiming at a $1 trillion valuation, and Anthropic…
U.K. and Japan Sign $24 Billion Technology Pact
The signing table was set in London, and the two prime ministers put their names to an agreement worth more than £18 billion, or about $24 billion, covering artificial-intelligence research,…
Musk Points to Tesla’s Next Chip as Robotaxi Questions Mount
The update arrived as a post on X, in the clipped language Mr. Musk uses for engineering status reports. Tesla’s AI6 chip, he said, is moving through engineering review and…
Amazon CEO’s Washington Meetings Preceded Order to Disable Anthropic Models
The conversations took place in Washington this week, and their consequences reached the artificial-intelligence industry within days. Andy Jassy, Amazon’s chief executive, told senior officials in the Trump administration that…
U.S. Orders Anthropic to Disable Two Models Worldwide
Anthropic executives got the word by phone on a weekday morning: the United States government was directing the company to take its two most powerful artificial-intelligence models offline, everywhere, at…
Meta’s AI Unit Draws Petition Signed by More Than 1,600 Employees
The email subject line read “Applied AI — You Have Been Selected.” There was no opt-out. Within weeks, thousands of Meta engineers and product managers had been reassigned, by fiat,…
Mistral in Talks to Raise 3 Billion Euros at a 20 Billion Euro Valuation
In a glass office block near the Paris Bourse, the founders of Mistral AI are doing what they have done at every stage of the company’s life: raising money. The…
SpaceX Joins the Top Six U.S. Stocks as Barron’s Declares the Magnificent Seven Over
The math changed on a single trading day. When SpaceX closed its debut at $160.95 a share, its market value of about $2.1 trillion put it above Tesla at roughly…
Xbox Revenue Keeps Falling After $20 Billion of Spending
The memo landed on June 10 with a title that did not hedge: “Next 100 Days: Xbox Reset.” In it, Microsoft’s gaming division acknowledged what executives had said privately for…
Asian Chip Stocks Surge as Samsung Jumps 11% in One Day
On the Seoul exchange, the trading halt hit before lunch, and traders on the floor described the mood as a mix of relief and disbelief. Samsung Electronics rose 11% in…
