BusinessSoftBank’s Market Value Now Hinges Largely on Its OpenAI StakeSoftBank’s Tokyo-listed shares plunged as much as 13% after the New York Times reported OpenAI may delay its IPO to next year.2 min read
BusinessHow Antonio Neri Repositioned Hewlett Packard Enterprise as an AI-Driven Growth StoryUnder CEO Antonio Neri, Hewlett Packard Enterprise has shifted from a legacy hardware vendor to an AI-focused, growth-oriented company, driven by acquisitions and internal AI deployments.5 min read
BusinessOpenAI may delay IPO as $1 trillion valuation goal clashes with market volatilityUnspecified sources told The New York Times that OpenAI is considering postponing its initial public offering from late 2024 to next year amid turbulent markets and the fallout from SpaceX's weak public debut.3 min read
BusinessWhich firms will capture returns from record AI spending?Investors have shifted from debating AI’s transformative potential to questioning how quickly massive AI investments will translate into tangible revenues.3 min read
BusinessChinese AI Firms Scale Rapidly to Challenge US Rivals Amid Security ConcernsChinese artificial intelligence companies such as DeepSeek and Zhipu are rapidly expanding and investing in efforts toward artificial general intelligence, aiming to narrow the gap with leading US models.2 min read
BusinessSK Hynix’s planned U.S. listing could raise up to $29.4 billion, led by major banksSouth Korea’s SK Hynix plans a U.S.2 min read
BusinessAnthropic’s Claude gains paid users and consumer interest, narrowing gap with ChatGPTAnalysis of anonymized credit-card transactions and education-platform search data show Anthropic’s Claude gaining paid consumers and growing revenue since early 2026.3 min read
BusinessGeneral Intuition raises $320M to scale a game-data trained world model for embodied agentsGeneral Intuition, spun out of Medal, raised $320 million at a $2.3 billion valuation to scale a world model trained on gameplay with embedded action labels.4 min read
BusinessMicron and Qualcomm earnings lift AI-focused tech stocks, markets rallyMicron Technology reported much stronger-than-expected quarterly results and Qualcomm raised its long-term revenue outlook, both driven by AI-related demand; their shares jumped sharply after Wednesday’s close.3 min read
BusinessNetris raises $15M Series A from Andreessen Horowitz to automate networks for neocloud GPU clustersNetris, a network-automation startup focused on speeding up deployment of GPU-backed neoclouds, has closed a $15 million Series A led by Andreessen Horowitz.3 min read
BusinessAdobe to Acquire Topaz Labs to Bolster Image and Video AI CapabilitiesAdobe announced it will acquire Topaz Labs, a long-standing developer of AI-driven image and video enhancement tools, and fold the company into its creative business.2 min read
BusinessAmazon pledges an additional $13 billion to expand AWS data centers and retail operations in IndiaAmazon announced a further $13 billion investment in India to expand its AI and cloud footprint through 2030, including increased Amazon Web Services data center capacity in Mumbai and Hyderabad.3 min read