IBM Completes Acquisition of HRL Laboratories
On Aug. 26, IBM said it has completed its acquisition of HRL Laboratories, the research institution jointly owned by Boeing and General Motors, adding a storied name in quantum computing,…
Anthropic Closes San Francisco Office on Strike Warning
On Aug. 25, Anthropic told employees at its San Francisco headquarters to work from home after receiving notice that its security team could strike, an abrupt reminder of how quickly…
TSMC Tilts Advanced Packaging Capacity Toward AMD
TSMC is reallocating capacity at its CoWoS advanced-packaging lines, giving AMD a larger share of the industry’s most sought-after AI packaging resource while trimming the allotment reserved for Nvidia, according…
AWS Acquires DuckLabs, the Company Behind DuckDB
On Aug. 26, Amazon’s cloud unit announced it has acquired DuckLabs, the Amsterdam-based company behind DuckDB, the open-source analytics database that has become one of the most popular tools in…
Microsoft AI Marketing Chief Andrea Mallard Departs
The marketing chief of Microsoft’s AI business is leaving. Andrea Mallard, who led marketing for the company’s AI products, including Copilot and the Azure AI platform, has departed, according to…
General Intuition in Talks to Raise Funds at $6 Billion Valuation
The company trains robots the way children learn: by playing video games. General Intuition, an AI robotics start-up, is in talks to raise a new round of funding at a…
Oura Aims for September IPO Seeking Up to $3 Billion
The pitch to investors is simple: a ring that knows more about its wearer than the wearer does. Oura, the Finnish maker of the smart ring that tracks sleep, heart…
Alabama Attorney General Subpoenas OpenAI and Sam Altman in Data Breach Probe
The letter arrived in the offices of OpenAI and the home of its chief executive on Aug. 24. Alabama Attorney General Steve Marshall announced an investigation into the company and…
Amazon Raises Hardware Prices by Up to 60% as Memory Costs Bite
The price tags changed across Amazon’s hardware lineup on Aug. 21, and the increases were not subtle. Echo speakers, Fire TV devices, Kindle readers, and eero routers all cost more,…
Trump Disclosed More Than 1,000 Stock Trades in June, Including a SpaceX Purchase
The disclosure, filed Aug. 24, runs to pages of ticker symbols and dates. It shows that Donald Trump completed more than 1,000 stock trades in June, a volume that would…
