Nvidia Puts $105 Billion Guarantee Behind OpenAI-Bound Ohio Data Center
The chip maker that powered the AI boom is now underwriting its real estate. Nvidia on Aug. 17 announced a multi-year partnership with SB Energy to advance the PORTS Technology…
Anthropic’s Annualized Revenue Tops $65 Billion as IPO Approaches
In routine investor briefings in late July, executives at Anthropic shared a number that would have seemed implausible two years ago: the company’s annualized revenue had crossed $65 billion, according…
Samsung Display Restarts Foldable-Screen Plant After Five-Year Pause
Construction crews are preparing to return to a site in Asan, South Korea, that has stood idle since 2021. Samsung Display, the display-making arm of Samsung Group, has approved the…
Apple Concedes Ground on App Store as Regulators Chip Away at Services
The admission arrived inside the dense language of a securities filing, easy to miss and hard to overstate. Apple, for the first time, told investors that regulatory changes have forced…
Wispr Raises $280 Million as Voice Becomes AI’s Next Interface
SAN FRANCISCO — The pitch to investors was short: keyboards are a bottleneck. Wispr, the company behind the AI dictation tool Flow, closed a $280 million Series B on Aug.…
European Central Bank Warns an AI Market Correction Is Coming
FRANKFURT — The blog post was written in the careful, hedged language of central bankers, but its message was direct: the market for AI assets has gotten ahead of itself,…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
xAI Pushes Grok Into GitHub Copilot While Deepfake Suits Mount
SAN FRANCISCO — Two days after releasing Grok 4.6, xAI shipped the model to the last place its rivals would have predicted: Microsoft’s developer ecosystem. On Aug. 14, Grok 4.6…
A 25-Year-Old Dropout Becomes Europe’s Youngest Self-Made Billionaire
LONDON — James Dacombe left school at 16, started his first company while his classmates were sitting exams, and now, at 25, he has a net worth that would make…
Brockman Dismisses OpenAI Exodus: ‘I Don’t Think It’s Really That Abnormal’
SAN FRANCISCO — In the past week, OpenAI’s head of revenue left less than a year into the job, and the company named a replacement from outside. The departures have…
