Business — page 4
TerraPower's molten-salt reactor pitches AI data centers on stored heat
The Bill Gates-founded startup will announce its first data center customer this year, betting a 345-MW reactor with thermal storage beats rivals on load-following.
Marvell jumps 6% on Google deal for up to $12.2B stake tied to AI chips
Google gains the right to buy 58.9M Marvell shares at $206.58 apiece through fiscal 2033, expanding its custom silicon push beyond Broadcom.
Samsung raises chipmaking prices up to 15% as AI demand tightens supply
The world's largest memory maker is passing AI-driven scarcity through to foundry and memory customers in the steepest hike since the 2021 shortage.
Cursor launches Origin, a GitHub rival, as outages mount
The AI code editor now hosts repos, arriving the same day GitHub suffered a six-hour worldwide outage with a 20% error rate.
Etched hits $21B valuation as Jane Street leads $700M round
The AI inference chip startup doubled its price tag in a month after the quant fund tested its hardware and bought a rack.
Palantir moves in on FAA air traffic overhaul after DOGE cuts 400 staff
After Musk's DOGE fired 400 FAA employees and delivered no upgrades, Peter Thiel's Palantir is lined up for a chunk of $12.5B in new funding.
Anthropic tells investors revenue run rate hit $65B in July
A sevenfold jump in a year puts Anthropic ahead of OpenAI's $40B run rate as it preps a confidential IPO at a $965B valuation.
Perplexity's Airtel giveaway added millions of India users, and some are paying
Downloads collapsed 90% after the free offer closed, but monthly revenue hit $156,000 in July 2026 — more than four times January 2025.
Ex-SpaceX engineers launch 1872, an AI-run robotic factory for steel skids
Backed by $15M in seed funding, 1872 is automating steel fabrication for AI data centers as US welding shortages hit 320,500 by 2029.
Groq raises $350M at $3.5B valuation to pivot from chips to neocloud
The Nvidia-backed round marks a new valuation floor after Nvidia's $20B licensing deal stripped out Groq's founding team.
Nvidia guarantees $105B financing for OpenAI's Ohio AI data center
SB Energy builds, SoftBank powers, Nvidia backstops the debt — a 20-year lease locks in up to 8 gigawatts of compute for OpenAI.
Wispr raises $280M at $2B valuation, pushes past dictation into meetings
Menlo Ventures leads a Series B less than 10 months after the last round, as Wispr ships a new Canto model to fix quality complaints.
Nvidia backs 4.25 GW Ohio AI factory for OpenAI in $600B compute deal
Jensen Huang commits Nvidia's balance sheet to secure land, power and shell at PORTS-Pike, with OpenAI as the tenant through 2030.
Stripe nears $7B+ deal to buy AI gateway startup OpenRouter
The payments giant is paying more than 5x OpenRouter's May valuation to own the routing layer between apps and 400+ AI models.
Nvidia weighs $3B investment in SB Energy to power OpenAI data centers
The chipmaker is moving down the stack into power generation as OpenAI's compute buildout outpaces available grid capacity.
SpaceX closes $60B Cursor acquisition, pulls AI coding into its GPU empire
The deal folds Cursor into a SpaceX stack that already includes xAI and rents compute to Anthropic and Google.
Anthropic Q2 revenue hits $11.5B, a 14-fold jump ahead of IPO
Claude's maker crossed $11.5B in a single quarter and posted positive adjusted operating income as it lines up a fall listing.
Anthropic pitches IPO investors on $190-200B in 2028 revenue
The forecast, shared with prospective backers, would put Anthropic on a growth curve steeper than any software company on record.
Unitree ships 5,511 humanoid robots as G1 becomes a viral street act
The $13,500 Chinese humanoid is dancing at World Cup parties and racking up billions of views — but most operators are still teleoperating it.
VideoVerse-Minute Media $250M deal collapses amid forgery claims
The sports video-clipping acquisition unraveled into lawsuits and an unreachable CEO, the same week Meta pitched open AI with Glimmer.
UGM, Indosat and Nvidia open Indonesia's first university AI center
The Yogyakarta hub gives Indonesian researchers sovereign GPU access to tackle tuberculosis screening, farming and disaster response.
OpenAI cuts GPT-5.6 Luna 80% as Anthropic undercuts its own flagship
US token prices have dropped nearly a quarter since mid-July as DoorDash and Airbnb shift workloads to Chinese models from Moonshot and DeepSeek.
Kog claims 30x faster LLM inference on existing Nvidia and AMD GPUs
The 11-person French startup hit 3,000 tokens per second on a 2B model and now needs to prove the same trick works on real LLMs by September.
Hyperscalers face natural gas price shock as Noreva forecasts $10 BTU hubs
Meta, Amazon, Microsoft, and Google are building 17-plus gigawatts of gas plants for AI data centers just as prices could triple.
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