Nvidia Backs OpenAI’s Ohio Campus With $105 Billion Guarantee
PIKE COUNTY, Ohio — The site sits on the former Portsmouth Gaseous Diffusion Plant, a Cold War relic whose enrichment buildings have stood empty for decades. By the end of…
OpenRouter’s Fivefold Jump Shows What AI Traffic Is Worth
NEW YORK — A little more than three months ago, OpenRouter raised money at a valuation of about $1.3 billion, with GV, Alphabet’s venture arm, leading the round. On Sunday,…
Meta Faces Trial as 29 States Press Youth Addiction Claims
OAKLAND, Calif. — The courtroom on the seventh floor of the federal courthouse here has been prepared for a trial that could run six weeks, with jury selection beginning this…
Stripe Nears Finish Line on $7 Billion OpenRouter Purchase
SAN FRANCISCO — The two companies had been circling each other since midsummer, and by Sunday the outline of a deal was firm. Stripe, the payments giant, has finalized an…
PandaAI Raises Three Rounds to Push AI Into Trading Desks
BEIJING — The pitch that PandaAI’s founders have been making to Chinese investors is simple: the tools that made AI useful for writing and coding can be aimed at trading.…
SpaceX Closes $60 Billion All-Stock Deal for Cursor
CAPE CANAVERAL, Fla. — The merger agreement was signed in June, priced in shares rather than cash, and on Thursday the paperwork landed with regulators: SpaceX has completed its acquisition…
SK Group Chairman Fights 944 Billion Won Divorce Ruling
SEOUL — Chey Tae-won, the chairman of SK Group, has spent years fighting two battles at once: one to keep his conglomerate atop South Korea’s corporate order, the other to…
Anthropic’s Q2 Revenue Jumps 14-Fold Ahead of a Blockbuster IPO
SAN FRANCISCO — The filing landed with the Securities and Exchange Commission in June, wrapped in the confidentiality that American law grants companies preparing to go public. The number inside…
Alphabet Plans First Australian Bond Sale of A$5 Billion
SYDNEY — Bond desks across Sydney were still setting up for the week when the mandate landed: Alphabet, the parent of Google, wants to borrow in Australian dollars for the…
Hedge Funds Trade Pure Semiconductors for AI Applications in Second-Quarter Filings
The 13F filings that arrived last month describe a coordinated shift. Stanley Druckenmiller’s fund added to its positions in Amazon and AMD during the second quarter while selling or eliminating…
