Anthropic’s Compute Bill Comes Into View: 14.8 Gigawatts, Up to $517 Billion
The numbers were always large in private. On Sunday they became public. The Information reported that Anthropic, the artificial-intelligence company preparing to sell shares to investors, has signed agreements for…
LG-Backed Robot Maker Bear Robotics Opens a Pre-IPO Funding Round
The bankers and private equity funds were the first to hear the pitch. Bear Robotics, the California robot maker controlled by LG Electronics, has begun a pre-IPO funding round as…
TCS Unit Buys Hyderabad Land for a Data Center Campus Costing Up to $7.4 Billion
The land purchase was announced on Sunday with the scale of a small country’s infrastructure program. HyperVault, a subsidiary of India’s Tata Consultancy Services, has bought 264 acres in Hyderabad…
AI Cloud Firm Nscale Seeks $3.5 Billion Ahead of a Possible Listing
Nscale, the London-based cloud company built to rent computing power to artificial-intelligence labs, is talking to investors about raising as much as $3.5 billion before it goes public, according to…
Saudi AI Firm Humain Begins Assembling Its IPO Team
The job post went up on Sunday, and it read less like a routine hiring notice than a public statement of intent. Tareq Amin, the chief executive of the Saudi…
Nigeria Opens Probe Into Uber’s Abrupt Exit
Uber’s ride-hailing app has been part of Lagos life for more than a decade, ferrying commuters through the traffic of Africa’s largest city since 2014. This month the company switched…
Tesla Shares Fall 6% as Cybercab Update Disappoints
Tesla published an update on its Cybercab program on Friday, and investors answered with a sale. By the close, the company’s shares were down about 6 percent, one of the…
Berkshire Hathaway’s AI Bets: Power for Data Centers, Shares in Alphabet
Greg Abel does not expect Berkshire Hathaway to train a large language model. In an interview this week, Berkshire’s chief executive described a more mundane route into artificial intelligence, one…
Samsung Electronics Union Plans Protests at Chairman’s Home Over Pay Gap
Samsung Electronics has settled its labor disputes at factory gates and in meeting rooms at its campus south of Seoul. The next fight is scheduled for a different address: the…
Apple Studies New Ways to Raise App Store Revenue
Last week, Apple lost the executive who had defended its App Store rules through the industry’s longest-running fights, and the company let him go with little public explanation. This week,…
