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…
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…
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…
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…
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…
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…
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:…
Music Publishers Sue Anthropic Over Claude Training Data
The complaint landed in a federal courthouse late on a Thursday evening, and it named not just a company but two of its founders. Sony Music Publishing and Warner Chappell,…
OpenAI to Halt Cursor Model Supply After SpaceX Deal
OpenAI told SpaceX this week that it will stop supplying models to Cursor, the AI coding tool SpaceX agreed to buy in June for $60 billion in stock. The cutoff…
Nvidia Loses $253 Billion in a Day on Margin Fears
The stock fell 4.6 percent Thursday, wiping out about $253 billion in market value in a single session. The trigger was not the earnings themselves, which beat expectations, but what…
