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…
Anthropic and OpenAI Split Over Massachusetts AI Safety Bill
The two companies that set the pace of the AI industry are publicly fighting each other over how their industry should be regulated, and the fight is happening in a…
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.…
Waymo Opens Next-Generation Ojai Robotaxi to All Riders
The minivan pulling up to the curb in San Francisco has no steering wheel for passengers to grab, no driver to greet them, and a design goal that has nothing…
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…
