The Buildout Larry Fink Says Cannot Wait
For two years the argument about artificial intelligence has been about whether too much money is being spent on it. Larry Fink used a stage in Berlin on Wednesday to…
Jio’s Record Offering and the Retail Cheque Behind It
The smallest cheque a retail investor can write for Jio Platforms this week is 13,428 rupees, about $141, for a lot of twelve shares at the top of the price…
Samsung Pays Its Memory Researchers Like Memory Staff
SUWON, South Korea — In Korean chipmaking, the pay stub has become an organizing principle. Samsung Electronics Co. has created a “Core Team” inside its Semiconductor Research Institute, the main…
Japan’s First 3-Nanometer Line Comes With a Capacity Caveat
The approval that mattered arrived on October 16, from a ministry rather than a customer. Japan’s Ministry of Economy, Trade and Industry signed off on a revised plan for the…
The Order Book Outruns the Assembly Line at ABB
The orders came to $12.05 billion in the three months through September, 40 percent more than a year earlier and the largest quarterly intake in the company’s history. The revenue…
Anthropic Buys the Company That Kept Data Encrypted While It Was Used
The company being acquired announced the deal first. Opaque Systems, a confidential computing startup spun out of a Berkeley research lab, posted a farewell note on its website on October…
The Paper Fortune Inside Eric Schmidt’s Anthropic Stake
One percent of a company sounds like a rounding error until the company is Anthropic and the number attached to it is two trillion dollars. At that valuation the stake…
JPMorgan Puts a Number on the Banks’ CoreWeave Problem
The 2031 notes yield close to 16 percent, the shares fell 25 percent last week, and the question circulating on credit desks was the one nobody had answered with a…
SpaceX’s Second Earnings Report and the $13 Billion Question
SpaceX was scheduled to report third-quarter results after the close of trading on Tuesday, and as of Tuesday afternoon in New York the company had published nothing. What the market…
A $26 Billion Bid for a $900 Million Anchor Book
The anchor book for Jio Platforms was 8,110 crore rupees, about 920 million dollars, and by the time it closed on Monday evening it had drawn bids of more than…
