Archer Aviation Buys Former Rival Wisk Aero, Reshaping the Air-Taxi Field
Archer Aviation has agreed to acquire Wisk Aero, the autonomous air-taxi developer backed by Boeing, according to TechCrunch, a merger that consolidates the electric vertical takeoff and landing industry around…
Meta Releases Muse Glimmer, Its Most Capable Open Model
MENLO PARK, Calif.–Mark Zuckerberg has a habit of using product launches to make political points, and the release of Meta’s newest AI model was no exception. The company unveiled Muse…
Google Play Adds Venmo, Opening App Store Payments
MOUNTAIN VIEW, Calif.–For a decade, buying apps on Google Play meant paying with a Google account: credit cards, carrier billing, and Google Pay were the options, and developers grumbled about…
SpaceX Retail Investors Turn Sellers After IPO Run
NEW YORK–The first few months of SpaceX’s life as a public company had a familiar shape: individual investors piled into the stock, buying shares of the rocket maker on every…
Microsoft to Launch Maia 300 AI Chip Next Month
REDMOND, Wash.–For years, Microsoft’s AI infrastructure strategy had a simple shape: buy almost everything from Nvidia. The company’s Azure cloud grew into one of the world’s largest consumers of Nvidia…
TSMC Posts Record July Revenue on AI Orders
TAIPEI–The monthly revenue report from Taiwan Semiconductor Manufacturing Co. has become a ritual for the global chip industry, a monthly check on whether the artificial-intelligence boom is still feeding through…
ARK Adds Nvidia and TSMC After Meta’s Slide
Cathie Wood’s ARK Invest bought Nvidia and Taiwan Semiconductor Manufacturing Co. stock in the trading days after Meta Platforms’ disappointing earnings report, while trimming part of its AMD stake, according…
Amazon’s Texas Data Center Comes With a Power Plant of Its Own
Amazon confirmed on August 8 that it is investing in a large natural-gas power plant to supply a planned data center campus in Pecos County, West Texas, a facility that…
SpaceX’s Compute Ambition Draws Microsoft as Its Largest Tenant
On August 4, Elon Musk sat down for the first earnings call in SpaceX’s history and made a claim that startled even the analysts who follow the company’s AI ambitions.…
SpaceX Shares Jump 16% Past Lockup Test; Terafab Chip Plant Breaks Ground
SpaceX shares surged 16% on Friday, closing at $133.11 and within striking distance of the company’s $135 initial public offering price, as investors shrugged off the end of a lockup…
