Articles from www.wsj.com

Articles from www.wsj.com

The US Commerce Department plans to award $2B in grants to nine quantum computing companies and will take equity stakes; IBM is set to get $1B of the package (www.wsj.com)
2026-5-21 IBM Equity Quantum

Higgsfield AI premieres Hell Grind, a 95-minute fully AI-generated film, at Cannes and says it took two weeks and cost $500K to make, of which $400K was on AI (www.wsj.com)
2026-5-21 AI

AMD pledges to invest $10B+ in Taiwan's chip industry to expand partnerships and advanced chip packaging for AI, and begins making its next-gen Venice chips (www.wsj.com)
2026-5-21 Taiwan AI AMD

In disclosures to investors, Anthropic says it expects to generate $10.9B in revenue in Q2, vs. $4.8B in Q1, and turn a $559M operating profit, its first ever (www.wsj.com)
2026-5-21

Nvidia reports Q1 net income up 211% YoY to $58.3B, beating analyst estimates of $42.9B, and raises Q2 revenue forecast to $91B (www.wsj.com)
2026-5-21 Nvidia

Airbnb says it is adding luggage storage, airport pickups, car rentals, grocery delivery, and thousands of boutique and independent hotels to its platform (www.wsj.com)
2026-5-21 Airbnb

Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday (www.wsj.com)
2026-5-21 IPO

On-demand manufacturing startup SendCutSend raised $110M co-led by Sequoia, Paradigm, and Stripe co-founders Patrick and John Collison, valuing it at $1B (www.wsj.com)
2026-5-20 Startup Manufacturing

Analog Devices agrees to buy Empower Semiconductor, which makes chips used to regulate voltage, for $1.5B in cash (www.wsj.com)
2026-5-20

KPMG partners with Anthropic to embed Claude into its tax and advisory platforms; KPMG's tax and legal services unit saw revenue grow ~8% YoY to $9.3B in 2025 (www.wsj.com)
2026-5-19 Tax KPMG

Sources: Google and Blackstone plan to create an AI cloud company to monetize Google's TPUs to external parties; Blackstone plans to put $5B in the venture (www.wsj.com)
2026-5-19 Google AI

Anthropic last week began letting Mythos users share cybersecurity threats with others who may face similar vulnerabilities, modifying its previous stance (www.wsj.com)
2026-5-19

A look at Apple's ongoing strategy of repurposing binned chips for cheaper devices; sources: Apple ordered more A18 Pros for the MacBook Neo amid its popularity (www.wsj.com)
2026-5-18 Apple MacBook

Decart, which offers real-time generative video and GPU optimization tech, raised $300M at a ~$4B valuation, up from $3.1B after raising $153M in August 2025 (www.wsj.com)
2026-5-18

Baidu reports Q1 revenue down 1.1% YoY to ~$4.7B, above ~$4.5B est., and net profit down 55% YoY to ~$506.6M, above ~$462.5M est., amid a slow AI payoff (www.wsj.com)
2026-5-18 AI

How Amazon, which took a measured tone to AI, went from an AI also-ran to a real contender, thanks to $200B in spending, custom AI chips, and savvy deals (www.wsj.com)
2026-5-18 Amazon AI

Sources: US authorities in recent months have issued multiple information requests to Kalshi and Polymarket, many tied to wagers on events in Iran and Venezuela (www.wsj.com)
2026-5-18 Iran Venezuela

A look at Apple's ongoing strategy to repurpose “binned” chips for cheaper devices; sources: Apple placed new A18 Pro orders for MacBook Neo amid its popularity (www.wsj.com)
2026-5-18 Apple MacBook

South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao (www.wsj.com)
2026-5-16 Korea

Semiconductor stocks fell globally on Friday after the Trump-Xi summit concluded without major chip deals; Nvidia closed down 4.42% and AMD closed down 5.69% (www.wsj.com)
2026-5-16 Trump Nvidia AMD

Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech (www.wsj.com)
2026-5-15 Apple

Klarna reports Q1 revenue up 44% YoY to $1.01B, above est., GMV up 33% to $33.7B, active customers up 20% to 119M, and a $1M profit, up from a $99M loss YoY (www.wsj.com)
2026-5-14

SMIC reports Q1 revenue up 11.5% YoY to ~$2.5B and net profit up 5% YoY to ~$197.4M, below $223.6M est., weighed down by higher operating expenses, up 30% YoY (www.wsj.com)
2026-5-14

Zhaopin: Chinese graduates returning home from abroad rose 12% YoY in 2025, fueling Beijing's plans to take on Silicon Valley; China is offering big incentives (www.wsj.com)
2026-5-14 China

Foxconn reports Q1 revenue up 29% YoY to ~$67B and net profit up 19% YoY to ~$1.6B, meeting est., as it boosts AI server production, its largest revenue source (www.wsj.com)
2026-5-14 AI

ZipRecruiter: IT and CS job postings are up 14.2% YoY in April; entry-level roles fell from 8.1% a year ago to 7.4%, while senior roles grew from 38.8% to 43.1% (www.wsj.com)
2026-5-14

Rivian CEO RJ Scaringe's Mind Robotics, which is building AI-powered robots for manufacturing tasks, raised $400M, source says at a $3.4B valuation (www.wsj.com)
2026-5-14 AI Robot Manufacturing

Investor docs: Anthropic's revenue run-rate is on track to hit $50B by the end of June; Ramp says more of its customers now use Anthropic than OpenAI, a first (www.wsj.com)
2026-5-14

UK chip startup Fractile raised a $220M Series B led by Factorial Funds, Accel and Founders Fund to make specialized logic and memory chips for inference (www.wsj.com)
2026-5-14 Startup

Princeton faculty votes to require proctoring in all in-person exams starting this summer, reversing an 1893 policy amid concerns about AI-fueled cheating (www.wsj.com)
2026-5-13 AI

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