Broadcom’s AI Semiconductor Boom, and the Forecast That Tripped It Up
On paper, it was a clean sweep. Broadcom reported quarterly results on Wednesday that beat Wall Street’s expectations on nearly every line, raised its target for next year’s artificial intelligence…
Meta’s Muse Spark 1.3 Comes With a Price
For most of the artificial intelligence boom, Meta’s model strategy had the shape of a giveaway. The Llama family of open models was free to download and free to modify,…
KKR’s Helix Adds Two Veterans to Its $10 Billion AI Buildout
Running the next generation of data centers, the people who do it for a living like to say, is no longer mainly a problem of money or of chips. It…
Microsoft Puts a Number on Azure
For more than a decade, the biggest unresolved arithmetic in technology earnings belonged to Microsoft. Investors knew how fast Azure grew. They did not know how big it was. Every…
Nscale Discloses $103 Billion in Contracted Revenue, With an IPO Possible This Month
Nscale, the British cloud-computing provider backed by Nvidia, has told prospective investors that its contracted revenue has grown to about $103 billion, according to people familiar with the matter, and…
Meta Tells Engineers AI Usage Won’t Decide Their Ratings
Meta Platforms has told its engineers that how much they use artificial intelligence will no longer determine how they are rated. In an internal memo this week updating expectations for…
Wonderful Doubles Its Valuation to $5 Billion, With Salesforce a New Backer
The announcement landed Wednesday from a company that did not exist two years ago. Wonderful, an Israeli-Dutch startup that builds software to coordinate artificial intelligence agents inside large companies, said…
Abu Dhabi’s G42 Sounds Out Investors for Billions in New Capital
The conversations are exploratory, and the people describing them asked not to be named because the talks are confidential. G42, the Abu Dhabi-based artificial intelligence group, has held tentative discussions…
Snowflake’s AI Assistants Accelerate Growth, and the Stock Jumps 23%
On an earnings call full of talk about models and agents, the number that moved Snowflake’s stock was a count of customer accounts. The company said its AI coding assistant,…
Microsoft 365 Outage Enters Third Day Without Recovery Date
A configuration error in the service that verifies users of Microsoft 365 entered its third day Wednesday with no full recovery date, even as email service largely came back. Microsoft…
