Amazon Puts $12 Billion Into European Warehouses
The robot that Amazon showed off in Europe this week responds to plain language. A worker tells it where to take the cage of packages, and the machine, an updated…
Google Enters the AI Speaker Market at $99
The speaker Google unveiled this week looks like the Home models the company stopped updating years ago, but the inside is different: Gemini. The device, priced at $99, is Google’s…
Microsoft Loosens OpenAI Exclusivity in Revised Deal
For five years, the arrangement was simple. Microsoft held exclusive rights to OpenAI’s models, and OpenAI drew on Microsoft’s money and cloud capacity. This week the two companies quietly revised…
Ambani’s Next Act: AI in Every Jio Call, Every App, Every Screen
Mukesh Ambani does not usually need to raise his voice to change the direction of Indian technology. The chairman of Reliance Industries, India’s most valuable company, used his annual shareholder…
Washington Suspects ASML’s Most Advanced Chip Tool Reached China. ASML Says No.
Commerce Secretary Howard Lutnick has told senior ASML executives in a series of recent meetings that he is concerned one of the Dutch company’s most advanced chipmaking machines may have…
Baseten Seeks $1.5 Billion at a $13 Billion Valuation, Months After Its Last Mega-Round
Five months. That is how long Baseten waited between its last giant fundraising round and its next one. The AI inference company, which raised $300 million at a $5 billion…
Go’s $580 Million Tokyo Listing Becomes Japan’s Largest IPO of the Year
The gong sounded on the Tokyo Stock Exchange and, for the first time in years, the traders on the floor had something to cheer. Go, Japan’s leading ride-hailing operator, completed…
Apple and Intel Team Up to Build Chips in America, Opening a Third Foundry Lane
The announcement came from the White House, not from Cupertino. President Trump said Apple will work with Intel to design and manufacture chips in the United States, a partnership that,…
Peace Deal With Iran Sets Off Rally in Asian Chip Stocks
The opening bell on the Tokyo Stock Exchange had barely rung when the buying started. SoftBank Group shares surged more than 10% in early trading on June 20, pushing the…
Britain Passes Under-16 Social Media Ban, With Fines Up to 10% of Global Revenue
The vote came late in the parliamentary session, after a debate that ran longer than the bill’s supporters expected. When it passed, the UK became one of the first major…
