Crowded AI Trades Leave Markets Quick to Fracture
Stocks across Asia fell sharply Friday, and the speed of the move — broad indexes swinging from calm to panic within a single session — has market strategists talking about…
Morgan Stanley Sees AMD’s Venice Server Chip Outshipping Nvidia’s Vera
The note from Morgan Stanley landed on clients’ screens with a forecast that a year ago would have been dismissed as wishful thinking: AMD’s next server processor will ship more…
A Shenzhen Startup’s Robot Model Learns to Tie a Tie
The video lasts less than a minute. Two black robotic arms on a tabletop lift a silk tie, loop it around the collar of a dress shirt, and work the…
Anthropic Hires Orange AI Chief to Lead Europe Expansion
Anthropic has appointed the head of AI at French telecom Orange as its president of Europe, according to Reuters, a hire timed to the approach of the European Union’s AI…
Anthropic Accuses Alibaba of Scraping Claude Data With 25,000 Fake Accounts
Anthropic publicly accused Alibaba of systematically harvesting data from its Claude AI assistant through 25,000 fake accounts, a claim that, if accurate, would be one of the largest known thefts…
Micron’s Quarterly Revenue Hits $41.5 Billion as AI Memory Demand Surges
Micron reported record quarterly revenue of $41.5 billion, up 74% from the preceding quarter and 34% from a year earlier, driven by AI infrastructure’s appetite for memory, according to Reuters.…
OpenAI and Broadcom Unveil First Custom Inference Chip, ‘Jalapeño’
OpenAI said it has developed its first custom AI inference processor, a chip built with Broadcom and codenamed Jalapeño, designed to run large language models more cheaply and to reduce…
Two Google AI Researchers Plan Move to Anthropic
Two researchers who played key roles in Google’s Gemini AI models plan to join Anthropic, according to people familiar with the matter, in the latest sign that competition for top…
Amazon Adds $13 Billion to India AI and Cloud Bet
NEW DELHI—Andy Jassy met India’s prime minister on June 25 and left the room having committed another $13 billion to the country. The additional investment, to run through 2030, will…
Apple Raises MacBook and iPad Prices as Memory Costs Climb
Apple’s online store went dark for a stretch on June 24, and the usual speculation followed: a new product launch, perhaps, or a maintenance window ahead of a release. When…
