Anthropic’s $65 Billion Raise Pushes It Past OpenAI in AI’s Valuation Race
The chipmakers who supply the memory inside artificial-intelligence data centers rarely write checks to software startups. This week, three of the world’s largest memory makers made an exception. Micron Technology,…
Microsoft Looks to Nvidia Silicon to Reboot Its Surface Line
The last time Microsoft put an Nvidia chip inside a Surface, the result was the Surface RT, a 2012 tablet that sold so poorly the company wrote off nearly $1…
EU Fines Temu €200 Million Under Digital Services Act
Brussels delivered its verdict Thursday morning: Temu, the Chinese e-commerce giant that has upended European retail with ultra-cheap goods, will pay €200 million — about $232 million — for failing…
Meta Cuts 1,400 Seattle Jobs as Zuckerberg’s Yacht Docks
The 387-foot yacht passed through Seattle’s Ballard Locks on Tuesday evening, and a crowd gathered along the walkway to watch. Some booed. One heckler shouted at the crew to pay…
DuckDuckGo Traffic Jumps as Google Doubles Down on AI Search
Sundar Pichai said last week that people love AI Mode. The numbers from DuckDuckGo suggest a sizable minority disagrees. Between May 20 and May 25, visits to DuckDuckGo’s AI-free search…
Snowflake Commits $6 Billion to AWS in AI Expansion
Snowflake’s founders built the company on Amazon Web Services in 2015, and on Wednesday the data-cloud company deepened that bet by an order of magnitude. Snowflake said it signed a…
HP’s Profit Climbs as AI PCs Lift Sales
The call came on a Wednesday afternoon, and the interim chief executive led with the word that has become HP’s most important sales pitch: AI. Bruce Broussard, who is running…
Google Deepens Intel Chip Ties in AI Cloud Push
The announcement arrived as a routine press release on an April morning, but the engineering detail buried in it says more about how AI data centers are changing than most…
Samsung Pay Deal Averts 18-Day Chip Strike
The vote closed at 7 a.m. Wednesday, minutes before a strike deadline that had hung over the world’s largest memory-chip maker for weeks. Union officials in Suwon, south of Seoul,…
The $500,000 Token Bill: AI Costs Test Silicon Valley’s Faith
The figure circulates privately among AI executives, usually in the form of a question: do you know what one of your users is costing you? A report this week by…
