Stripe to Buy AI Model Platform OpenRouter for About $7.5 Billion
A startup founded in 2023 that routes developers’ AI requests across hundreds of models is being absorbed into the payment company that already processes much of the internet’s commerce. Stripe…
Samsung Plans Over $72 Billion Shareholder Return Program
For decades, investors in Samsung Electronics groused about the same thing: the company hoarded cash, paid modest dividends and seemed allergic to the kind of buybacks that U.S. tech giants…
Micron Unveils $10 Billion AI Memory Research Push in Boise
The two most powerful men in computing, Jensen Huang of Nvidia and Tim Cook of Apple, stood alongside Micron’s chief executive in Idaho to announce a bet that memory, not…
Microsoft’s AI Backlog Climbs to $678 Billion
The number, buried in Microsoft’s latest quarterly filing, is now the most cited figure in the debate over whether the AI boom is real: $678 billion in contracted but unrecognized…
Nvidia Circles Data Startup Mercor in $20 Billion Round
The chip company that dominates AI hardware is reaching down the supply chain for the raw material its customers cannot get enough of: training data. Nvidia is in talks to…
Anthropic-Linked Data Center Project Lands $1.3 Billion Private Credit
The financing for a new AI data center campus in Texas does not look like a typical technology loan. It looks like a real estate deal, and that is exactly…
Intel Moves Next PC Chip to TSMC’s 2-Nanometer Process
The next generation of Intel’s PC processors will be built by the same company that makes chips for Apple, Nvidia and Qualcomm, a concession that reshapes the balance of the…
Broadcom Sheds About $87 Billion After Google-Marvell Chip Deal
The market delivered its verdict on Google’s chip strategy in two trading sessions: about $87 billion, subtracted from Broadcom’s market value. Broadcom shares fell for two consecutive sessions on Aug.…
SK Hynix to Pay 60% of Bonuses in Stock
SK Hynix employees are about to become shareholders, whether they planned to or not, in one of the clearest signs yet that South Korea’s chip giants are adopting the capital…
OpenAI Finance Chief Plays Down IPO Urgency
Inside OpenAI, the question of when the company will go public has an answer, and it is not soon. Outside, the company is selling enterprises a new promise about how…
