Sanxing Electric Poised for State Grid Contract
A Chinese maker of grid equipment has emerged as the leading candidate for a contract with the country’s biggest power utility, in a small deal that says something large about…
Anthropic Files Confidentially for IPO in Test of AI Economics
Anthropic has submitted a confidential registration statement to the Securities and Exchange Commission for an initial public offering, according to people familiar with the matter, placing the most closely watched…
Nvidia and SK Group Set to Announce AI Alliance as Huang Warns of Multi-Year Shortages
The dinner in Seoul ended with a promise of substance to follow. On Monday, Jensen Huang, chief executive of Nvidia, and Chey Tae-won, chairman of SK Group, are scheduled to…
Trump Confirms Talks With OpenAI on Government Equity Stake
The proposal had circulated privately for months. This week it was confirmed in public: President Trump said he is discussing with OpenAI chief executive Sam Altman the possibility of the…
Alphabet Expands Equity Raise to $85 Billion
The offering grew a second time in as many weeks. Alphabet raised the size of its planned equity raise from $80 billion to $85 billion, according to people familiar with…
Meta Weighs Multibillion-Dollar Share Sale to Fund AI Spending
The message to shareholders was blunt. Meta Platforms is considering raising tens of billions of dollars through a large sale of new shares to fund artificial intelligence investment, the Financial…
Meta Borrows Tesla’s Tent Playbook to Speed Data Center Builds
The structure that helped Tesla survive its Model 3 crisis has a new tenant. Meta is adopting the tent-style approach Tesla used in 2018, erecting covered structures outdoors to deploy…
Model Routing Spreads, Testing AI Pricing Power
The monthly bill had a new line item, and a smaller total. A growing number of companies are adopting software that decides which AI model handles each request, automatically sending…
Amazon Unveils Warehouse Robots That Follow Spoken Commands
The instruction came in plain English, and the machine obeyed. Amazon has unveiled the next generation of its Proteus warehouse robots, which respond to natural-language commands, alongside a new robot…
SoftBank’s Son Says AI Is Helping Design OpenAI’s Next Model
The disclosure came in passing, in the middle of a public appearance, and it was over in a sentence. Masayoshi Son, chief executive of SoftBank, said artificial intelligence systems are…
