Business — page 21

Nvidia and LG Group build AI factory for robotics, mobility and data centers
The Korean conglomerate is aligning robotics, autonomous driving and sovereign AI work across NVIDIA's full stack, from Isaac GR00T to DSX.

Nvidia and Doosan expand pact across robotics, power and AI factory materials
The Korean conglomerate plugs four business units into Nvidia's physical AI stack, from Jetson Thor robots to gas turbines feeding DSX data centers.

GitHub Copilot's per-token pricing shift signals end of subsidized AI era
Microsoft's move to charge per token instead of a flat rate exposes the gap between AI's true cost and what customers will pay.

OpenAI plans ChatGPT super app revamp, declares 'Chat is dead'
The company is folding Codex and agents into ChatGPT to push free users toward paid products ahead of an IPO.

Nvidia takes RTX Spark to Korea's PC bangs with KRAFTON, NC and T1
Jensen Huang demoed the new superchip alongside Faker and KRAFTON's chairman, pitching 1440p at 100+ fps on slim laptops.

Trump administration in talks to take equity stake in OpenAI
The White House is discussing a government equity position in AI companies, with proceeds potentially seeding OpenAI's proposed Public Wealth Fund.

Shelbyville mayor calls data center opponents' homes 'shitty' on camera
Scott Furgeson dismissed yard-sign protests against a $2 billion build as coming from rentals; residents pushed back on local TV.

S&P 500 refuses to bend rules for SpaceX, blocking OpenAI and Anthropic too
S&P Dow Jones Indices kept its profitability and seasoning rules intact, denying $14B in passive buying to SpaceX and shutting the door on AI IPOs.

Google to pay SpaceX $920M a month to rent xAI compute capacity
The 32-month deal covers 110,000 Nvidia GPUs and lands one week before SpaceX's $1.75 trillion IPO on the Nasdaq.

New York passes one-year data center moratorium, awaits Hochul signature
The bill would be the first statewide ban of its kind, freezing projects above 20 megawatts while the state studies AI infrastructure impacts.

Enterprises blow past 2026 AI token budgets by 3x, scramble for controls
Uber burned its full-year AI coding budget by April. One company racked up a $500M Claude bill. The FinOps reckoning has arrived.

About 90 investors hold stakes in both OpenAI and Anthropic
Sequoia, Greylock, Founders Fund and dozens more are backing both AI labs as valuations approach $1 trillion each.

Huang says robotics is South Korea's next big sector
Nvidia's CEO frames Korea's industrial base as the launchpad for physical AI, hinting at unannounced partnerships in Seoul.

Jensen Huang lands in Seoul to lock in Korea's AI supply chain
Nvidia's CEO arrives in South Korea after GTC Taipei with Grace Blackwell shipping and Vera Rubin in full production.

Mira Murati surfaces at Thinking Machines with a new bet on real-time AI
The former OpenAI CTO previewed 'interaction models' that process audio, text, and video in 200-millisecond intervals — her first major appearance in 18 months.

Anthropic's Daniela Amodei defends AI economics as IPO filing lands
Annualized revenue hit $47B in May, up from $9B at the end of 2025, as the co-founder pitches public markets on frontier-model economics.

Airbnb CEO Brian Chesky is starting his own AI lab
Chesky stays on as Airbnb CEO while funding a new model lab focused on user interaction and design — putting him in quiet competition with Sam Altman.

Anthropic files to go public at $965B, beating OpenAI to the IPO window
Anthropic, SpaceX-owned xAI, and OpenAI are all racing to list — and San Francisco realtors are now pricing homes in pre-IPO stock.

Kevin O'Leary halves Utah's Project Stratos data center to 20,000 acres
After pressure from Utah's Senate president, O'Leary will cut 19,430 acres — but the footprint still exceeds Manhattan.

Apple approves Poke as first AI agent on Messages for Business
The Palo Alto startup will pay Apple per user to run inside iMessage, opening a new distribution channel and a new Apple revenue line.

Meta is building data centers in tents to keep up with AI compute demand
Six 125,000-square-foot rapid-deployment structures outside New Albany, Ohio, powered by 200 MW of off-grid gas turbines.

Google defends evaporative cooling as Microsoft, OpenAI retreat from it
Seven in ten Americans now oppose new data centers, and water is the top concern. The industry is splitting on how to answer.

TSMC says it can't keep up with AI chip demand even with $165B US buildout
CEO C.C. Wei warns of bottlenecks as TSMC pours $165B into Arizona and plans three more US plants to chase a $1T market by 2027.

Jeff Bezos backs Flourish, a $2.5B neuro-AI startup chasing the brain's algorithm
Thomas Reardon's New York lab raised $500M to build Cortex AI, a synthetic brain targeting 50 watts versus the 600+ watts of a single training chip.
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