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…
Anthropic’s IPO Pitch Meets a Wall of Skepticism
Michael Burry, the investor who bet against the housing market before the 2008 crash, has a new target. A research firm has pegged Anthropic’s value at $150 billion, about 92%…
The AI Chip Boom Is Moving to the Bond Market
The companies spending the most on artificial intelligence are increasingly borrowing to pay for it. Broadcom Inc. is in talks to arrange financing of more than $50 billion to fund…
OpenAI’s New Model Turns Answers Into Things You Can Click
For two years, ChatGPT answered questions with text. On Oct. 7, OpenAI began pushing out a version that answers with interfaces. The company rolled out GPT-6 to every tier of…
TSMC Sets Another Revenue Record as AI Demand Holds
Taiwan Semiconductor Manufacturing Co. is running ahead of its own forecasts, and the gap keeps widening. On Oct. 8, the world’s largest contract chipmaker said September revenue rose 54.6% from…
Samsung’s Profit Surges 782% as AI Chip Demand Outruns Supply
Samsung Electronics Co. crossed a line on Oct. 8 that no quarter of its history had ever reached. In its preliminary guidance for the third quarter, the company said operating…
LG Energy Solution’s Profit Rises, With a Big Assist From Washington
LG Energy Solution Ltd. opened its third-quarter results on Oct. 8 with a number that looked like a clean turn in its favor: operating profit of 756 billion won, or…
The Engineer Behind Tesla’s Optimus Leaves to Build Different Robots
Ashish Kumar spent years teaching Tesla’s Optimus humanoid robot how to think. Now he is leaving the human shape behind. Kumar has co-founded a San Francisco startup, Intelligent Machines, that…
SpaceX’s Borrowing Costs Jump as Chip-Financing Talks Rattle Bondholders
The headline was about chips, and the reaction came from the bond market. After reports that SpaceX is in talks with banks and investors to borrow $40 billion to buy…
Nvidia Missed OpenRouter. Then Its Deal Machine Got Busier.
Nvidia wanted OpenRouter, and it moved too slowly to get it. Company executives told the startup’s team that Nvidia intended to make a generous offer but needed more time to…
