OpenAI Backs California AI Safety Bill, Cuts Model Prices, Takes Ads to Europe
In the space of 48 hours last week, OpenAI did three things that, taken together, sketch the strategy of a company preparing to go public. It endorsed a California bill…
Google Loses Four More Top AI Researchers, Shedding $186 Billion in Market Value
The departures came in quick succession last week: four of Google’s most senior AI researchers handed in notice within days of one another, according to people familiar with the matter.…
Samsung SDI to Sell $3.2 Billion Samsung Display Stake to Fund Battery Push
Samsung SDI Co., the battery-making arm of Samsung Group, said Friday it will sell 13.09 million shares of Samsung Display Co., worth about 4.45 trillion won ($3.2 billion), to the…
Micron Says Memory Capacity Is Booked Through 2028
The order book tells the story. Micron Technology Inc., one of only three companies in the world that make high-bandwidth memory, said its production capacity is now reserved through 2028,…
Super Micro Completes Export-Control Review, Clearing a Regulatory Hurdle
Super Micro Computer Inc. said Thursday that an independent investigation into allegations of export-control violations has concluded, according to the company, closing a review that has hung over the AI…
ChatGPT Gains the Keys to iMessage on the Mac
OpenAI on Thursday afternoon released a new feature that lets its ChatGPT desktop application for Mac read, compose, and send messages through Apple’s iMessage service, giving the AI assistant direct…
OpenAI Sets a 2027 Target for Its Long-Awaited IPO
OpenAI’s chief financial officer told investors and staff this week that the company plans to complete an initial public offering in 2027, with the date potentially moving earlier if revenue…
Musk Denies Report of SpaceX’s $6 Billion Spectrum Deal
Elon Musk said Wednesday that reports of SpaceX agreeing to buy $6 billion in wireless spectrum were untrue, a rare public denial from the billionaire after news outlets cited people…
Anthropic’s IPO Ambition: Raise as Much as SpaceX Did
Anthropic is telling prospective investors that its initial public offering could raise as much as, or more than, the roughly $86 billion that SpaceX collected when it listed, according to…
Broadcom Seeks $60 Billion or More in Debt to Fund Its AI Chip Push
Broadcom is in talks with a group of banks about raising more than $60 billion in new debt, with the total potentially reaching $100 billion, to fund an expansion of…
