Anthropic Moves Its IPO Filing to Late September
The bankers and lawyers running Anthropic’s initial public offering had told investors to expect the company’s registration documents as soon as this week. The calendar has moved. Anthropic now plans…
Apple Studies New Ways to Raise App Store Revenue
Last week, Apple lost the executive who had defended its App Store rules through the industry’s longest-running fights, and the company let him go with little public explanation. This week,…
Tesla Shares Fall 6% as Cybercab Update Disappoints
Tesla published an update on its Cybercab program on Friday, and investors answered with a sale. By the close, the company’s shares were down about 6 percent, one of the…
Nigeria Opens Probe Into Uber’s Abrupt Exit
Uber’s ride-hailing app has been part of Lagos life for more than a decade, ferrying commuters through the traffic of Africa’s largest city since 2014. This month the company switched…
Saudi AI Firm Humain Seeks a $2.5 Billion Fund for Data Centers
The Kingdom of Saudi Arabia has spent years buying artificial-intelligence capacity from abroad. Now one of its own companies wants to build the financing machinery to create it at home.…
Hugging Face’s Chief Defends the Nvidia Deal to the Community
The day Nvidia announced it would buy Hugging Face for $12.93 billion, the loudest questions came not from Wall Street but from the platform’s own users, the millions of developers…
Thinking Machines Seeks More Than $1 Billion at a $40 Billion Valuation
A year ago, Thinking Machines was a seed-stage startup with a famous founder and no product to speak of. Now it is raising money at a valuation among the most…
Anthropic Nears a $15 Billion Credit Line Ahead of Its Expected IPO
The banks that will take Anthropic public appear to be the same banks that are lending it money first. Anthropic is close to finalizing an expansion of its revolving credit…
Crusoe Raises $3 Billion and Books a $13 Billion Cloud Deal With Jane Street
The trading firm Jane Street built its name on speed, moving in and out of markets faster than anyone else. Now it is signing up for computing capacity on a…
Abu Dhabi’s G42 Weighs Selling Control to Secure American Chips
Few companies have traveled further in search of computing power than G42, and its latest step may be the most consequential yet. The Abu Dhabi artificial-intelligence company is in talks…
