Lambda is selling a $917 million leveraged loan to finance a chip purchase, Bloomberg reported on Monday. Jeannine Amodeo, Paula Seligson and Gowri Gurumurthy broke the story. The money pays for GPUs ...

Boeing sold its air taxi subsidiary Wisk Aero plus Insitu drones and SkyGrid air traffic software to Archer Aviation in ...

Intel announced a proposed $15 billion underwritten public offering of common stock before the market opened on Monday. It filed a registration statement on Form S-3 with the SEC. Underwriters hold a ...

Microsoft is in talks with TSMC to produce 300,000+ Maia 300 AI chips for 2027 delivery. The next-gen accelerator will be ...

Sanders wrote to Altman, Amodei and Zuckerberg demanding they pause AI development, quoting their own safety pledges. Act now, or the Senate will.

A July rule forced ByteDance, Alibaba and Tencent to pull their AI-companion apps. Users are grieving, and some suspect a birth-rate motive.

China holds nine of the top 10 text-to-video models as US labs retreat. Bloomberg's Catherine Thorbecke says the real prize ...

Revolut has won a full French banking licence, its second in the EU, giving it a Paris hub and the right to offer real ...

HD Hyundai just sold $674M of gas engines to power a US tech giant's AI data centres off-grid, a gigawatt the grid could not ...

Meta has released Muse Glimmer, a compact open-weight model that runs on a single consumer GPU, as Zuckerberg presses Washington to give American open-source AI a freer hand.

Dropbox co-CEO Ashraf Alkarmi says virtual-first is "an incredible model" and he plans to keep it. Applications per job are 7x higher. 74% of 2026 hires cite it.

JPMorgan has lifted its year-end S&P 500 target to 8,000 from 7,800, betting that AI-driven earnings at the hyperscalers keep ...