Oura Files for an IPO as the Smart-Ring Market Moves From Wrists to Fingers
The next battlefield in wearable technology is not on the wrist. It is on the finger, and the company that made the finger’s most famous device is heading to the…
SoftBank Raises ¥1 Trillion From Japanese Households at Double the Going Rate
The savers of Japan have long been the world’s most cautious investors, keeping trillions of yen in bank deposits that pay almost nothing. Masayoshi Son wants to put that money…
Nvidia’s $99 Billion Year of Writing Checks to the Companies It Sells To
The most active investor in the AI industry is not a venture firm, a sovereign wealth fund or a hedge fund. It is the company that makes the chips. Nvidia…
Qualcomm Backs Ultrahuman’s Plan to Turn the Smart Ring Into a Computer
The smart ring was born as a health device, a quiet band of sensors that tells its owner how they slept and how hard they trained. Qualcomm is investing in…
ASML Plans to Grow Its Japan Team by 40 Percent as New Fabs Rise Nearby
The most valuable machine in the semiconductor industry is made in the Netherlands, but its next customers are building factories in Japan, and the company that makes the machines is…
Snowflake’s AI Assistants Accelerate Growth, and the Stock Jumps 23%
On an earnings call full of talk about models and agents, the number that moved Snowflake’s stock was a count of customer accounts. The company said its AI coding assistant,…
Abu Dhabi’s G42 Sounds Out Investors for Billions in New Capital
The conversations are exploratory, and the people describing them asked not to be named because the talks are confidential. G42, the Abu Dhabi-based artificial intelligence group, has held tentative discussions…
Nvidia Director Mark Stevens Sells $411 Million of Stock Over Three Days
The filing appeared in the usual place, and it was larger than most. Mark A. Stevens, a director of Nvidia since 2008, sold 1,848,500 shares of the chipmaker’s common stock…
Wonderful Doubles Its Valuation to $5 Billion, With Salesforce a New Backer
The announcement landed Wednesday from a company that did not exist two years ago. Wonderful, an Israeli-Dutch startup that builds software to coordinate artificial intelligence agents inside large companies, said…
Meta Tells Engineers AI Usage Won’t Decide Their Ratings
Meta Platforms has told its engineers that how much they use artificial intelligence will no longer determine how they are rated. In an internal memo this week updating expectations for…
