SpaceX Prepares for Record Debut as Warren Urges SEC Delay
NEW YORK—The price is $135 a share, fixed, take it or leave it. The ticker is SPCX. And the order book, according to people familiar with the matter, has already…
Anthropic Brings Its Most Powerful Model to the Public
SAN FRANCISCO—The pricing page went live Tuesday with a number that told the story: $10 per million input tokens and $50 per million output tokens for Claude Fable 5, less…
Broadcom, Apollo and Blackstone Open $35 Billion AI Compute Fund
NEW YORK—The term sheet was unusual even by the standards of the AI boom: a chip designer, a private-equity firm built on insurance money and the world’s largest alternative asset…
Meta Leases First India Data Center From Reliance
JAMNAGAR, India—The city better known for the world’s largest oil refinery complex is about to become part of the AI supply chain. Meta Platforms said June 10 it will lease…
SK Hynix Targets U.S. Listing, Putting HBM Story to Wall Street Test
SEOUL—The world’s largest maker of high-bandwidth memory has traded in Seoul for decades. By August, its shares could also trade on the Nasdaq, a move that would give American investors…
DeepSeek Plans Gigawatt-Scale Data Centers of Its Own
HANGZHOU, China—The job posting appeared on DeepSeek’s careers page on a Tuesday with a title the company had never used before: IDC design and planning engineer. The description said the…
Tencent Sells $4.5 Billion of Bonds as It Buys Back Shares
HONG KONG—The announcement hit the exchange before the market opened: Tencent Holdings had priced $2.45 billion of dollar notes and 15 billion yuan of renminbi notes, roughly $4.5 billion in…
Lenovo to Raise Prices 15% as Memory Costs Surge
HONG KONG—The notice went out to Lenovo’s channel partners this week: from July, prices across the company’s product line would rise by about 15%, a jump the PC maker blamed…
EU Rejects Apple’s Siri AI Exemption Request
BRUSSELS—The reply arrived one day after Apple told the world its new voice assistant would not come to Europe: no. The European Commission on June 9 rejected Apple’s request for…
OpenAI, Anthropic and SpaceX Converge on a Record IPO Week
NEW YORK — The roadshow deck that Goldman Sachs bankers carried into investor meetings this month priced SpaceX at a fixed $135 a share, a figure that values the rocket…
