Articles from www.wsj.com

Articles from www.wsj.com

AI-focused hedge funds raise billions, such as ex-OpenAI researcher Leopold Aschenbrenner's Situational Awareness that amassed $1.5B+ for a “brain trust on AI” (www.wsj.com)
13 days ago AI

Sources: Intel CEO Lip-Bu Tan is set to meet Trump on Monday to propose ways the US and Intel could work together, show his commitment to the US, and more (www.wsj.com)
13 days ago Trump Intel

Silver Lake unveils a $400M project to secure powered land for data center developers; it has secured 3GW of power and is developing sites in Texas and Georgia (www.wsj.com)
15 days ago Silver Texas

Sources: Intel's board has stalled recent efforts by CEO Lip-Bu Tan to raise capital and acquire an AI company meant to help it compete against Nvidia and AMD (www.wsj.com)
15 days ago Intel AI Nvidia AMD

An analysis of 96K public ChatGPT transcripts finds 100+ lengthy chats, of which dozens exhibited delusional traits where ChatGPT reinforced users' fringe ideas (www.wsj.com)
16 days ago

Sources: TBD Lab, a team under Meta Superintelligence Labs that houses many researchers poached from rival labs, is spearheading work on Llama's newest version (www.wsj.com)
16 days ago

Sources: Intel's board has stalled recent efforts by CEO Lip-Bu Tan to raise new capital and acquire an AI company meant to help it compete against Nvidia (www.wsj.com)
16 days ago Intel AI Nvidia

SignalFire: as the AI talent race explodes, Anthropic is hiring engineers 2.68x faster than losing them, above OpenAI's 2.18x, Meta's 2.07x, and Google's 1.17x (www.wsj.com)
16 days ago Google AI

The EU says companies exporting chips to the US will face a 15% tariff ceiling despite President Trump's new “approximately 100%” chip levy announcement (www.wsj.com)
16 days ago Trump

Sony reports Q1 revenue up 2.2% YoY to $17.8B, net profit up 23% YoY to ~$1.8B, PS5 sales at 2.5M, up from 2.4M in Q1 2024, and expects a lower FY tariff impact (www.wsj.com)
17 days ago Sony

Index Ventures is set to receive $11B+ in proceeds after Figma's IPO, Google's Wiz acquisition, and Meta's investment in Scale AI, which paid out shareholders (www.wsj.com)
17 days ago Google IPO AI

Sources: the researcher who declined Zuckerberg's offer of a $1.5B+ package over six years is Thinking Machines co-founder and ex-Meta staffer Andrew Tulloch (www.wsj.com)
17 days ago Zuckerberg

An interview with Strava CEO Michael Martin on Athlete Intelligence, the premium-only AI “coach” debuted in 2024 that has alienated experienced users, and more (www.wsj.com)
17 days ago Interview AI Intelligence

Young Americans are increasingly turning to BNPL loans from Affirm and others, as getting approved for credit cards becomes harder in today's economic climate (www.wsj.com)
17 days ago U.S. Climate Credit Card

Disney is grappling with using AI in its filmmaking process while protecting its characters against it, plus legal uncertainty, fan backlash, and union concerns (www.wsj.com)
17 days ago AI

Microsoft's Q4 earnings show its non-AI “core infrastructure business” is booming, with consumer productivity software revenue up 20%, its best uptick in years (www.wsj.com)
17 days ago Microsoft AI 4Q

Connecticut-based Amphenol plans to acquire North Carolina-based CommScope's broadband connectivity and cable unit for ~$10.5B, including debt, amid the AI boom (www.wsj.com)
17 days ago AI

Users say AI notetaking tools for meetings can misinterpret context when generating summaries or share content meant for a select audience with all participants (www.wsj.com)
17 days ago AI

A draft White House EO shows President Trump plans to step up pressure against big banks over alleged discrimination against crypto companies and conservatives (www.wsj.com)
17 days ago Trump

ElevenLabs launches Eleven Music, letting individuals and businesses use its AI model to generate music cleared for commercial use via English-language prompts (www.wsj.com)
17 days ago AI

How Palantir won over US lawmakers, leveraging geopolitical crises, technological trends, and DC connections, as CEO Alex Karp adopts a persona not unlike Trump (www.wsj.com)
17 days ago Trump

The UK CMA clears Omnicom's $13B acquisition of rival Interpublic after launching an investigation into the deal on June 23; the FTC cleared the deal on June 25 (www.wsj.com)
17 days ago

Sources: Mustafa Suleyman has been calling Google DeepMind recruits to work at Microsoft AI, offering higher pay and a more startup-like workplace than DeepMind (www.wsj.com)
17 days ago Google Microsoft Startup AI

CB Insights: Figma's IPO was the largest venture-backed IPO by market capitalization for a US tech company since Rivian's debut in November 2021 (www.wsj.com)
22 days ago IPO

Hoboken, NJ-based Saphyre, which makes software used in securities trading, raised $70M from FTV Capital (www.wsj.com)
22 days ago

eBay reports Q2 revenue up 6% YoY to $2.73B, vs. $2.64B est., gross merchandise volume up 6% to $19.5B, net income up 64% to $368M; EBAY jumps 10%+ after hours (www.wsj.com)
24 days ago eBay

Sources: Amazon is paying $20M to $25M a year to use NYT's editorial content in a multi-year deal for its AI platforms, which is ~1% of NYT's total 2024 revenue (www.wsj.com)
24 days ago Amazon AI

Ramp raised a $500M Series E-2 led by Iconiq Growth at a $22.5B valuation, says it has 40,000+ businesses as clients, with $700M in annualized revenue in March (www.wsj.com)
24 days ago

China showcased many of the initiatives for AI self-sufficiency at Shanghai's World AI Conference, as it invests heavily in power generation and skills training (www.wsj.com)
25 days ago China AI Shanghai

Sources: the US Commerce Department is discussing charging patent holders 1%-5% of their patent value, a radical move likely to spark pushback from businesses (www.wsj.com)
25 days ago

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