Anthropic Cuts Cache-Read Prices 75% in New Model Release
A coding agent working through a project can resend the same files, instructions and conversation history to a model dozens of times in an hour. Each resend shows up on…
OpenAI Faces 30 New Lawsuits Over Canadian School Shooting
SAN FRANCISCO—Lawyers from the plaintiffs firm Edelson PC filed 30 complaints in federal court here on Sept. 2 naming OpenAI and its chief executive, Sam Altman, over the Feb. 10…
Uber to Cut About 3,300 Jobs, Its Biggest Round Since the Pandemic
SAN FRANCISCO—Dara Khosrowshahi has spent years telling investors that Uber’s future runs on robotaxis. On Wednesday he told employees the company needs to be smaller to get there. Uber is…
OpenAI Says Its Next Model Finds Zero-Day Flaws Without Help
SAN FRANCISCO—OpenAI said its next flagship model can do what elite security researchers do for a living, and do it without being shown how. The company described the capabilities in…
Nvidia Nears Deal to Buy Hugging Face for About $14 Billion
SANTA CLARA, Calif.—The world’s dominant seller of artificial-intelligence chips is in talks to buy the site where many of those chips get their software. Nvidia is in advanced discussions to…
Apple Hands New CEO Ternus a $55 Million Award on Top of a $3 Million Salary
CUPERTINO, Calif.—John Ternus took over as Apple’s chief executive on Sept. 1. A day later, shareholders learned what the job pays. Apple disclosed in a filing with the Securities and…
Samsung Electro-Mechanics’ Record MLCC Supply Deal for AI Servers
SEOUL—The most important parts inside an artificial-intelligence server are also the easiest to overlook. Alongside the accelerators that do the computing sit thousands of multilayer ceramic capacitors, tiny components that…
Dell’s Record AI-Server Quarter, and the Memory That Can’t Keep Up
Jeff Clarke did not need a chart to explain Dell Technologies’ problem. Asked on the earnings call which constraint was biting hardest, the vice chairman and chief operating officer answered…
Nestle Sells Its Mainstream Vitamin Business for $1 Billion
VEVEY, Switzerland—For most of the past decade, Nestle bought its way into vitamins. On Wednesday it agreed to sell the mainstream part of that business for $1 billion, the clearest…
Kuehne’s 42.2 Billion Euro Estate: No Heirs, No Inheritance Tax, One Charity
For a fortune of 42.2 billion euros, the paperwork was remarkably quiet. Klaus-Michael Kuehne, the German-born shipping magnate who built Kuehne+Nagel into one of the world’s most successful air- and…
