A Dark Web Bazaar Ends in a 40-Year Sentence
Raheim Hamilton was 30 years old when a federal judge in Chicago handed down the sentence on Monday: 40 years in prison, a $5 million fine, and the loss of…
OpenAI Adds a Cheaper, Faster Tier to Its Flagship Model
The competition in artificial intelligence has shifted. It is no longer only about who builds the biggest model. It is about who can sell a model cheap enough and fast…
Nvidia-Backed Firmus Turns to Private Money After Dropping Its IPO
The listing was meant to test how much Australian investors would pay for the country’s AI-infrastructure boom. It ended before it really began. Now the company at the center of…
Samsung Puts a Dollar-Coin Wallet on 82 Million Phones
Samsung said it would fold U.S. dollar-coin transfers into its mobile wallet, a step that puts a form of crypto-based money in front of tens of millions of Americans who…
Anthropic Cuts Prices With Haiku 5.5 as It Nears an IPO
The model arrived on October 7 with a price tag attached to the announcement, which is not how Anthropic usually introduces its products. Claude Haiku 5.5, the third model in…
Microsoft Moves a 130-Billion-Parameter Coding Model Into Windows
At a San Francisco event on Tuesday, Microsoft said it would take a model with 130 billion parameters and put it inside Windows 11 devices. The model, called MAI Code…
CoreWeave Bets on India With AdaniConneX Deal
Sometime in mid-2028, the first racks will switch on at a campus called Taloja, in the planned city of Navi Mumbai east of the port. Three buildings, each drawing 80…
Google Halves the Price of Making an Image
The fight over AI images is being fought, increasingly, in cents. On Monday Google released an update to its image model, Nano Banana 2.1, and the news that mattered most…
Wall Street Is Preparing to Stop Closing
For most of a century, the American stock market has had a hard stop. At 4:00 p.m. Eastern time, the closing bell rings, the tape stops, and a trader in…
Gold, Silver and Bitcoin Fall Together as Yields Climb
Gold has spent the year behaving like the market’s most reliable refuge, and for much of the evening of October 7 it looked as though that refuge had sprung a…
