Apple’s Ad Business Gets a Lift From Formula 1
For most of its life Apple’s advertising operation was an afterthought attached to the services division: a search slot in the App Store, a promotional placement on the Music tab,…
OpenAI Signs a Security Pact With Poland’s NASK
NASK, the Polish state research institute that runs the country’s .pl domain registry, spends its working hours watching for the traffic that precedes an attack: a sudden run of lookups…
Micron Offers Profit Sharing as Its Taiwan Union Walks Out
The timing was not subtle. On the morning of Oct. 22, Micron Technology told employees around the world that from its 2027 fiscal year it would pay a quarterly bonus…
Oracle Ties a Billion-Dollar Bet to the People Who Sell Its AI
On the exhibition floor at AI World in Las Vegas, the booths that drew the longest lines belonged to the model builders. The ones doing the actual work sat further…
Tesla’s Optimus Leaves the Line, With Buyers Waiting Until 2027
Tesla’s quarterly filing contained a sentence the company had been promising for four years. Optimus, the humanoid robot, has come off the production line at the Fremont factory in California.…
Nvidia Backs a Video Startup as Huang Makes a First Trip to Central Asia
The B round at Higgsfield was already closed. On Friday it got bigger, with Nvidia and TCV joining as new investors in an extension whose size none of the companies…
Anthropic Buys a Delivery Channel, With a Private-Equity Partner
Anthropic and Hg, the London-based private-equity firm, have agreed to fund an independent AI consulting company together, with London and Berlin as the first two hubs and a launch planned…
Meta Pushes Its New Commercial Terms to Nov. 20
Meta confirmed on Oct. 23 that commercial terms originally scheduled to take effect Oct. 30 will now begin on Nov. 20. The delay gives publishers and digital advertisers three more…
OpenAI Nears a $30 Billion Raise at a $1.25 Trillion Valuation
OpenAI is close to finishing a funding round of as much as $30 billion at a pre-money valuation of $1.25 trillion, according to people familiar with the matter, with investors…
SK Hynix Drops a $10 Billion Listing for Solidigm
SK Hynix’s board decided on Oct. 22 to abandon a US listing of its Solidigm subsidiary that could have raised about $10 billion, and halted the pre-IPO financing that was…
