Articles from www.wsj.com

Articles from www.wsj.com

Tencent reports Q3 revenue up 15% YoY to ~$27B, above ~$26.6B est., net profit up 19% YoY to ~$8.9B, above ~$8B est., and domestic game revenue up 15% YoY (www.wsj.com)
21 days ago Tencent

An investigation traces how Shanghai-based AI company INF Tech accessed advanced Nvidia chips at an Indonesian data center despite US export controls (www.wsj.com)
21 days ago AI Indonesia Nvidia Shanghai

Microsoft unveils an AI “super factory”, a new class of hubs built for AI training, in Atlanta as part of its Fairwater network of data centers (www.wsj.com)
22 days ago Microsoft AI

Sources: the Chinese government is intervening in how SMIC distributes its chip output for AI, prioritizing Huawei amid US export restrictions on advanced chips (www.wsj.com)
22 days ago China AI

Stockholm-based driverless truck startup Einride plans to go public in H1 2026 via a blank-check merger at a $1.8B valuation and reports ~$43M in 2024 revenue (www.wsj.com)
22 days ago Startup

German chipmaker Infineon reports Q4 revenue up 1% YoY to €3.94B, vs. €3.91B est., a €231M net profit, and expects 2026 sales growth as AI demand keeps booming (www.wsj.com)
22 days ago Germany AI 4Q

Sources: the Chinese government is intervening in how SMIC allocates its chip output, prioritizing Huawei amid US export restrictions on advanced chips (www.wsj.com)
22 days ago China

An investor group and AI developer Voltai plan to use AI to design, build, and run a 3GW data center in South Korea, set to cost up to $35B and open in 2028 (www.wsj.com)
23 days ago Korea AI

How China ramped up its AI development since early 2024 to catch the US, including relaxed regulations, huge government funding, and a focus on domestic chips (www.wsj.com)
23 days ago China AI

Sony reports Q2 revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, 3.9M of PS5 units sold, and raises FY operating profit forecast by 7.5% to ~$9.3B (www.wsj.com)
23 days ago Sony

Financial documents: Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030 (www.wsj.com)
23 days ago

Sony Q2: revenue up 4.6% YoY to ~$20.3B, net profit up 6.7% to ~$2.02B, says it sold 3.9M PS5 units, and raises annual operating profit forecast 7.5% to ~$9.3B (www.wsj.com)
23 days ago Sony

Financial documents show Anthropic expects to break even in 2028, while OpenAI projects ~$74B in operating losses that year before turning a profit in 2030 (www.wsj.com)
23 days ago

Coinbase plans to launch a platform to let individual investors buy digital tokens before they are listed on its exchange, reviving 2017 and 2018's ICO craze (www.wsj.com)
24 days ago ICO Coinbase

Rumble agrees to acquire German AI infrastructure company Northern Data in an up to $970M deal, set to close in Q2 2026; both companies are backed by Tether (www.wsj.com)
24 days ago Germany AI

Selloff in bitcoin and ether is tanking shares of crypto‑treasury companies like Strategy and BitMine; Strategy's valuation is down from ~$128B in July to ~$70B (www.wsj.com)
24 days ago Bitcoin

Chinese robotaxi companies' tech and rider experience are generally similar to Waymo's, as they build businesses at home while also expanding internationally (www.wsj.com)
26 days ago China

Sources: Samsung is in talks with Barclays to launch a consumer credit card in the US; it's also exploring a high-yield savings account, BNPL product, and more (www.wsj.com)
26 days ago Samsung Credit Card

Tesla shareholders approve a $1T pay package for Elon Musk, if he hits a series of milestones and expands Tesla's market cap to $8.5T over the next 10 years (www.wsj.com)
28 days ago Tesla Elon Musk

Microsoft AI CEO Mustafa Suleyman lays out the company's plans to develop AI self-sufficiency from OpenAI, like releasing its own voice, image, and text models (www.wsj.com)
28 days ago Microsoft AI

OpenAI CFO Sarah Friar says an “IPO is not on the cards right now”, and that OpenAI hopes the US government will “backstop” financing of its data center deals (www.wsj.com)
28 days ago IPO

OpenAI CFO Sarah Friar says an “IPO is not on the cards right now”, and that OpenAI hopes the US government might backstop the financing of data center deals (www.wsj.com)
29 days ago IPO

Quantinuum unveils Helios, a quantum computer with 98 physical qubits, from which it can deliver 48 logical error-corrected qubits, an impressive 2:1 ratio (www.wsj.com)
29 days ago Quantum

France begins the process to temporarily suspend Shein for “the time necessary for the platform to demonstrate” it has scrubbed its website of illegal products (www.wsj.com)
29 days ago France

Letter: the MPA sent a cease-and-desist to Meta over Instagram's use of PG-13 for teen content restrictions, calling it “literally false and highly misleading” (www.wsj.com)
29 days ago Instagram

XPeng says it plans to launch three self-developed robotaxis in 2026, the first Chinese EV maker to do so, using in-house chips and its own software system (www.wsj.com)
29 days ago China

Sources: Roelof Botha was asked to step aside after some Sequoia partners raised concerns about his leadership; Botha had declined to comment on Shaun Maguire (www.wsj.com)
29 days ago

A look at Fermi, a startup co-founded by ex-US Energy Secretary Rick Perry that aims to build one of the world's largest datacenter campuses in Texas by 2038 (www.wsj.com)
29 days ago Energy Startup Texas

Sources detail Musk's time at xAI after he left DOGE: he oversaw the design of the racy chatbot Ani, employees turned over biometric data to train avatars, more (www.wsj.com)
29 days ago chatbot

Goldman Sachs: just 33 US counties accounted for 72% of all US data center capacity as of July; places like Umatilla have been transformed by an AWS build-out (www.wsj.com)
30 days ago Goldman

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