Articles from www.wsj.com

Articles from www.wsj.com

Companies hit by rising AI costs are increasingly using tools that tap cheaper models, including some from China, putting price pressure on OpenAI and Anthropic (www.wsj.com)
2026-6-12 China AI

Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor (www.wsj.com)
2026-6-12 SpaceX

Citigroup launches a blockchain-based platform for wealthy and institutional clients to trade tokenized shares of private firms, initially for foreign investors (www.wsj.com)
2026-6-12 Blockchain

Amazon says its data centers used ~2.5B gallons of water in 2025, or 0.12 liters of water per kWh, and water use at sites it owns and operates fell 2% from 2024 (www.wsj.com)
2026-6-12 Amazon

Nvidia and Abridge, maker of an AI note-taking app for doctors, are training an AI model for clinical conversations using de-identified data and Nemotron models (www.wsj.com)
2026-6-12 AI Nvidia

Sources: OpenAI is considering drastically lowering its price for tokens in anticipation of similar cuts the company expects at Anthropic (www.wsj.com)
2026-6-11

Sources: the CFTC will propose new prediction market rules, banning bets it finds aren't in the public interest or that seem highly susceptible to manipulation (www.wsj.com)
2026-6-10 CFTC

Las Vegas-based TensorWave, which offers AMD-powered cloud infrastructure, raised a $350M Series B led by AMD and Magnetar at a $1.55B post-money valuation (www.wsj.com)
2026-6-10 Vegas AMD

Swedish autonomous truck company Einride will debut on the Nasdaq today after completing a SPAC merger at a pre-money valuation of $1.35B (www.wsj.com)
2026-6-10 Sweden

Sixteen economists on what AI will mean for the US economy, workers, and workplaces: AI will boost productivity in the near term, but only two expect more jobs (www.wsj.com)
2026-6-10 AI

Sources: Trump administration officials have told CAISI to halt publication of its model assessments while an EO President Trump signed last week is implemented (www.wsj.com)
2026-6-10 Trump

Kalshi plans to require users seeking to make bets in some markets linked to material nonpublic information to submit an online form disclosing where they work (www.wsj.com)
2026-6-10

Meta puts $115M toward a “workforce academy”, a free five-week program to train Americans to build data centers and guarantees jobs at Meta construction sites (www.wsj.com)
2026-6-10 U.S.

Beacon Software, which acquires niche software businesses and transforms them with AI, raised a $225M Series C, bringing its total funding to $550M (www.wsj.com)
2026-6-9 AI

Meta puts $115M toward a “workforce academy”, a free 5-week program to train Americans to build data centers, offering job guarantees at Meta construction sites (www.wsj.com)
2026-6-9 U.S.

Sources: former OpenAI researcher Leopold Aschenbrenner's AI-focused hedge fund, Situational Awareness, has $20B+ AUM, after launching less than two years ago (www.wsj.com)
2026-6-9 AI

PointFive, which helps companies reduce unnecessary cloud and AI spending, raised a $60M Series B led by Accel, bringing its total funding to $100M (www.wsj.com)
2026-6-9 AI

A look at Ireland's Bring Your Own Power policy, which requires new data centers to have their own power plants on site or sources of energy produced nearby (www.wsj.com)
2026-6-8 Energy Ireland

KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing (www.wsj.com)
2026-6-8 AI KPMG

The largest US banks plan to launch a tokenized deposit network in 2027 to connect traditional payment rails with the infrastructure that digital assets run on (www.wsj.com)
2026-6-6 Asset

Sources: US officials discussed the US taking stakes in major AI companies after Sam Altman pitched the idea in 2025; Altman met Bernie Sanders on Wednesday (www.wsj.com)
2026-6-5 AI

Sources: US officials discussed the government taking stakes in major AI companies after Sam Altman pitched the idea; Altman met Bernie Sanders on Wednesday (www.wsj.com)
2026-6-5 AI

Anthropic calls for top AI labs to weigh slowing or temporarily pausing development, suggesting that self-improving AI systems may soon pose societal risks (www.wsj.com)
2026-6-5 AI

Arizona Public Service, the state's largest utility, proposes a 45% electricity-rate increase for data centers to ensure “that they are paying their fair share” (www.wsj.com)
2026-6-5

Sources: Meta has repeatedly delayed plans to release the Muse Spark API due to bugs and infrastructure needs; Meta says it plans to release it this month (www.wsj.com)
2026-6-4

Sources: Benchmark raised $2B across two new funds, including a $1.25B fund for late-stage bets, its first growth fund after decades focusing on new startups (www.wsj.com)
2026-6-4 Startup

Forage, a payments processor that helps retailers and food-delivery companies accept EBT cards, raised a $40M Series B led by Mouro Capital at a $225M valuation (www.wsj.com)
2026-6-4

Google sold $35B in stock in its equity raise this week, up from its planned $30B and taking its total funding to $85B; a source says it contacted 75 investors (www.wsj.com)
2026-6-4 Google Equity

Anthropic unveils a Services Track for its Claude Partner Network, a ranking based on what companies built with Claude, and releases a Claude Partner Hub portal (www.wsj.com)
2026-6-4

Baidu CFO Henry He says the company expects to spin off and list its chip unit Kunlunxin in Hong Kong and Shanghai in 2026, making it a “neutral player” (www.wsj.com)
2026-6-3 Hong Kong Shanghai

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