Global Bond Selloff Deepens as Yields Reach Multi-Year Highs
In Tokyo on Tuesday morning, fixed-income desks opened to a chart that few traders had seen in their careers: the 10-year Japanese government bond yielding 3 percent, a level not…
DeepMind’s Cyclone Model Beats Operational Forecasts by a Day
For a meteorologist, a day of extra warning is the difference between an orderly evacuation and a surprise. Google DeepMind published a model on Sunday that claims exactly that advantage:…
Strategy Resumes Buying, Adds 4,603 Bitcoin for $369.7 Million
The message went out on social media the day before: “We’re Back.” By Monday, Michael Saylor’s company had made it literal. Strategy, the software company turned bitcoin treasury, disclosed in…
IBM Quantum Computer Finishes a 15-Minute Task Classical Machines Can’t
The calculation took 15 minutes. On a classical computer, the same problem would take effectively forever, a task the researchers describe as practically impossible. The result, published on August 30…
SK Hynix Weighs Japan Fab, Hands HBM Base Dies to Intel Foundry
For decades, the message from Korea’s memory makers was consistent: fabs stay home. On Monday, SK Group chairman Choi Tae-won broke that pattern, publicly confirming that SK Hynix is considering…
Nvidia Puts $3.5 Billion Into MediaTek Convertibles
The first batch of RTX Spark laptops sold out within days. ASUS and MSI units were snapped up in preorders, and both makers scrambled to place follow-on orders with their…
Anthropic’s Fundraising Swells Past SpaceX’s $86 Billion Haul
The term sheet was already enormous. Then it got bigger. Anthropic’s latest fundraising round will raise more than the $86 billion SpaceX collected in its stock market debut earlier this…
SB Energy Dangles $5.5 Billion in Warrants to Keep OpenAI as a Tenant
The filing reads less like an IPO prospectus and more like a courtship document. In the draft registration statement SB Energy submitted for its planned stock market debut, the SoftBank-owned…
Italian Buyout Firm Nextalia Closes 1.1 Billion Euros, Shunning the AI Crowd
The fundraising memo made no mention of artificial intelligence. For Nextalia, the Milan-based private equity firm, that was the point. The firm said this month that its second flagship buyout…
Lambda Raises $1 Billion in Debt for Nvidia Chips
Lambda, an AI cloud company that rents out Nvidia’s chips, has completed a $1 billion private short-term debt financing arranged by JPMorgan, according to people familiar with the matter. Bloomberg…
