Starship’s 13th Flight Test Delayed by Storm
Tropical Storm Bertha, churning through the Gulf of Mexico, forced SpaceX to postpone the thirteenth test flight of its Starship rocket, and the company rescheduled the launch for Friday, July…
Tariffs on 60 Economies Send Global Markets Lower
The new round of tariffs took effect on July 24, and the world’s markets moved in unison: down. Brent crude climbed past $100 a barrel. The Dow Jones Industrial Average…
OpenAI Lifts Compute Spending Outlook to $750 Billion
OpenAI has raised its planned spending on computing power through 2030 to nearly $750 billion, up from roughly $600 billion at the start of the year, according to people familiar…
Samsung Unveils Foldable Phone, Smart Glasses and New Watches
Samsung Electronics opened its Galaxy Unpacked event on Wednesday with a foldable phone, a pair of smart glasses and two new watches, a product spread designed to defend its lead…
Qualcomm Lands AI Chip Deals With Three Major Cloud Providers
Qualcomm has signed agreements to supply AI chips to three of the largest cloud-service providers, marking the company’s most serious entry into a market dominated by Nvidia, according to people…
Blackstone Credits AI Infrastructure for 26% Jump in Earnings
Blackstone, the world’s largest alternative-asset manager, reported second-quarter distributable earnings of $1.98 billion on Wednesday, up 26 percent from a year earlier, and pointed to its artificial-intelligence infrastructure investments as…
Samsung’s Galaxy Glasses Take Aim at Meta’s Ray-Ban Line
Samsung officially launched the Galaxy Glasses at its Unpacked event, a pair of smart glasses built around Google’s Gemini AI and aimed directly at the Ray-Ban smart glasses Meta has…
OpenAI Lifts AI Infrastructure Plan to $750 Billion
Inside OpenAI’s finance team, the spreadsheet keeps getting bigger. The company has raised its planned spending on AI infrastructure through 2030 to roughly $750 billion, up from about $600 billion…
Nvidia’s Vera Rubin Platform Reaches Customers as Data Centers Chase Efficiency
In June, shipments of the Vera processor left Nvidia’s suppliers bound for three of the largest consumers of AI compute in the world. The company disclosed this week that OpenAI,…
AWS Says Billing Display Bug Showed Customers Trillion-Dollar Balances
The number on the screen was absurd: more than $999 trillion, in some cases, owed to Amazon Web Services. Customers who opened their billing consoles in recent days found balances…
