Meta Says ‘Watermelon’ Model Matches GPT-5.5 in Internal Tests
The model has a fruit name and a budget to match. Meta Platforms’ next-generation large language model, code-named Watermelon, has matched OpenAI’s GPT-5.5 on key benchmark scores in internal testing,…
AI Power Demand Strains Google and Amazon Climate Pledges
The promise was made in sunnier times for the climate math. Google committed to running its operations on net-zero carbon by 2030, and Amazon signed the Climate Pledge, promising to…
Samsung SDI Plots $10.4 Billion Battery Push Through 2040
Samsung SDI’s home town of Ulsan, on Korea’s southeastern coast, is where the company’s battery story began, and the company now wants it to be where the next generation is…
Seoul Weighs 5 Trillion Won Windfall to Fund Homegrown AI Models
South Korea’s finance ministry is tallying an unexpected windfall from the semiconductor boom, and a growing faction of officials wants to spend part of it on artificial intelligence. The government…
A Small Nuclear Startup Powers Nvidia’s AI Chips in a U.S. First
The announcement, made this week by Valar Atomic, describes a result that the nuclear and technology industries have been predicting for years: an advanced reactor powering AI computing hardware. Valar…
SpaceX Gets Its First Analyst Report, Putting a $2.2 Trillion Valuation to the Test
The report, published this week by Bloomberg, is the first formal analyst coverage SpaceX has received since its record-breaking initial public offering, and it is an attempt to do something…
KKR and SK Group Form South Korea’s Largest Renewable Energy Platform
The deal, announced on July 1, pairs one of the world’s biggest private-equity firms with one of South Korea’s largest conglomerates in a bet that the country’s energy future belongs…
TSMC Posts Record Quarterly Revenue and Locks In Amkor Packaging Deal
The numbers landed ahead of expectations despite a currency headwind. Taiwan Semiconductor Manufacturing Co. reported second-quarter revenue of NT$417 billion, about 12.8 billion dollars, a record for the company and…
U.S. PC Shipments Fall 7% as Memory Costs Bite and Upgrade Cycle Fades
The corporate buyer who refreshed his company’s laptops in 2024, when Windows 11 upgrades were rolling out and prices were reasonable, is not buying again this year. Neither, it seems,…
Panasonic to Spend 500 Billion Yen on AI as It Trims Appliances
The company that once defined Japanese consumer electronics, with the VCR, the plasma television and a name that appeared on millions of kitchen counters, is spending its way into the…
