TIDAL Cuts Off AI Music From the Royalty Stream
The producer had been making music for eight months with tools that generated complete songs from text prompts, and the process had become routine: type a description, wait a minute,…
Cursor Puts an Eye on Your Coding Agent, From Your Phone
The developer was on a train between London and Manchester, and the build was failing. The error log scrolled across his phone, delivered by the same AI coding tool that…
Broadcom’s AI Numbers Look Great, and the Stock Falls Anyway
The earnings report had the numbers investors once paid anything for. Broadcom said revenue in its fiscal second quarter reached $22.2 billion, up 48 percent from a year earlier, and…
South Korea Puts $550 Billion Behind Its Memory Makers
The televised address came on a Monday, and the president of South Korea, Lee Jae-myung, used it to declare 2026 the year the country would establish itself as an irreplaceable…
ON Semi’s $7 Billion Bet on the Physical World
The announcement landed on a Thursday morning from Scottsdale, Arizona, and it was the largest deal ON Semiconductor had ever done. The chipmaker, known to investors as ON Semi, agreed…
AI Customers Learn to Spend Less, and Model Makers Feel It
The finance chief of a mid-sized software company began receiving a new kind of report this spring: a weekly breakdown of how much the company’s engineers were spending on artificial-intelligence…
Google Limits Meta’s Access to Gemini as Compute Grows Scarce
Engineers at Meta Platforms found out about the change the way such changes usually surface: requests for additional capacity on Google’s Gemini models came back with smaller allocations than before,…
Big Tech’s June Selloff Erases $2.3 Trillion
The Magnificent Seven, the group of America’s largest technology companies, ended June with a combined loss of about $2.3 trillion in market value, their worst month since 2022. The selloff…
Alphabet Joins the Dow as the Index Crosses 52,000
The opening bell at the New York Stock Exchange on June 30 had more than the usual ceremony attached. Alphabet, the parent company of Google, began trading that morning as…
Microsoft Stock Heads for Its Worst Month Since the Financial Crisis
A portfolio manager at a Boston mutual fund began June with Microsoft as his largest holding, a position built over two decades of reliable earnings growth. He spent the past…
