Broadcom Shares Tumble as Software Drags on Earnings
Broadcom investors had grown used to the pattern: the company’s AI chip business prints numbers, and the stock goes up. This week the pattern broke. The company’s shares fell sharply…
AWS Pushes AI Agents Into Corporate Workflows
On a stage in New York this week, an Amazon Web Services executive asked an AI agent to resolve a customer issue, and the agent did the work: pulling records…
Japan’s Go Plots Robotaxi Push After Record IPO
Go’s chief executive had been hearing the same question since his company’s listing in Tokyo: what are you going to do with the money? This week he gave an answer.…
OpenAI Adds Gemini Leader and Ex-White House Adviser Before IPO
Noam Shazeer, the engineer who co-wrote the paper that launched the modern AI boom and later returned to Google to lead its Gemini models, has left the company again, this…
SpaceX Shares Keep Climbing as Quarterly Revenue Beats Forecasts
SpaceX shares rose about 4% in a single session this week, extending a rally that has carried the company since its public listing and pushed its market value past several…
Apple Confirms Price Rises as Memory Costs Bite
Tim Cook’s call with analysts this week ran short, and his message was one Apple investors rarely hear from him: prices are going up. The chief executive said the global…
Microsoft Loosens OpenAI Exclusivity in Revised Deal
For five years, the arrangement was simple. Microsoft held exclusive rights to OpenAI’s models, and OpenAI drew on Microsoft’s money and cloud capacity. This week the two companies quietly revised…
Ambani’s Next Act: AI in Every Jio Call, Every App, Every Screen
Mukesh Ambani does not usually need to raise his voice to change the direction of Indian technology. The chairman of Reliance Industries, India’s most valuable company, used his annual shareholder…
Baseten Seeks $1.5 Billion at a $13 Billion Valuation, Months After Its Last Mega-Round
Five months. That is how long Baseten waited between its last giant fundraising round and its next one. The AI inference company, which raised $300 million at a $5 billion…
Go’s $580 Million Tokyo Listing Becomes Japan’s Largest IPO of the Year
The gong sounded on the Tokyo Stock Exchange and, for the first time in years, the traders on the floor had something to cheer. Go, Japan’s leading ride-hailing operator, completed…
