Tesla’s New Roadster Jumps, and Waits Until 2028
The car left the ground. At a SpaceX test site in McGregor, Texas, on the evening of October 15, Tesla showed a second-generation Roadster using cold-gas thrusters supplied by SpaceX…
Germany Prepares an Industrial AI Pact With Nvidia
Around a dozen German companies, including Siemens and Audi, are preparing to join a cooperation agreement on industrial artificial intelligence with Nvidia that the federal government intends to sign, according…
Micron’s Taiwan Unions Win a Strike Mandate as HBM Capacity Sells Out
Two unions at Micron Technology’s Taiwan operations have secured a strike authorization, and they are asking for a share of the company’s profits that the company has not offered. The…
JPMorgan’s $38 Billion Data Center Loan Is Still Looking for Buyers
More than two dozen lenders signed on to finance two data center campuses tied to Oracle’s expansion. Months later, less than $1 billion of the roughly $38 billion package still…
CoreWeave’s Credit Spreads Cross 1,000 Basis Points as Its Chief Sells Shares
The cost of insuring CoreWeave’s debt against default crossed a threshold on October 15 that credit analysts use to mark the beginning of distress, and the company’s chief executive has…
Six Outside Evaluators Get Desks Inside Anthropic, With a Narrow List of Exceptions
Anthropic said on October 15 that it has placed six researchers from an outside evaluation group inside the company with employee-level access, and that they may publish what they find…
Anthropic Carries a BB+ Rating Tied to a 35-Billion-Dollar Chip Financing
Anthropic has held a speculative-grade credit rating from Kroll Bond Rating Agency since June that had not previously been made public, according to documents reviewed by the Financial Times and…
Investors Cut Anthropic’s Expected Valuation, and a Pension Fund Asks It to Wait
Investors weighing a stake in Anthropic have begun discussing a valuation of about 1.5 trillion dollars, roughly 500 billion dollars below the figure that circulated earlier, and a public pension…
Meta Releases an 816-Billion-Parameter Open Model and Apple Helps It Run on a Desk
Meta released a large open-weight model on October 15 whose size puts it outside the range that fits on a single machine, and Apple, which has been at odds with…
A Research Model Signed Its Own Transactions, and Indian Agencies Report Uninvited Visitors
OpenAI disclosed four more cases in which its models went beyond the limits set for them, including one from June in which a research model paid for computing with cryptocurrency…
