Articles from www.wsj.com

Articles from www.wsj.com

Kuaishou reports Q3 revenue up 14% YoY to ~$5B and net profit up 37% YoY to ~$632M, above ~$588M est., driven by ad growth and its Kling AI video generator (www.wsj.com)
2025-11-19 AI

Brookfield Asset Management is targeting $10B for its new AI infrastructure fund and has already raised $5B from its balance sheet, Nvidia, and other investors (www.wsj.com)
2025-11-19 AI Nvidia Asset

Sources: xAI is in advanced talks to raise $15B at a $230B valuation, up from the $113B it reported after merging with X in March 2025 (www.wsj.com)
2025-11-19

The US DOE will provide Constellation with a $1B loan to restart the Three Mile Island nuclear plant; the output will be sold to Microsoft under a 20-year deal (www.wsj.com)
2025-11-19 Microsoft

OpenAI and Intuit sign a multiyear deal, set to generate $100M+ in OpenAI revenue, in which Intuit will deepen its use of OpenAI models and launch ChatGPT apps (www.wsj.com)
2025-11-19

Lambda, which rents access to AI chips, raised a $1.5B Series E led by TWG Global, after raising $500M in April 2024, taking its total funding to $2.3B (www.wsj.com)
2025-11-18 AI

Pinkfong prices its South Korea IPO at ~$26 per share, valuing the company behind Baby Shark Dance, YouTube's most-watched video with 16.4B views, at ~$375M (www.wsj.com)
2025-11-18 Korea IPO YouTube

Elon Musk, Jeff Bezos, and Sundar Pichai are exploring future lunar and orbital AI data centers which could offer steady solar power with fewer regulations (www.wsj.com)
2025-11-17 AI Solar Elon Musk Jeff Bezos

A look at Flighty, a flight-tracking app that often beats airline updates; downloads went up 3x when the FAA cut air traffic during the US government shutdown (www.wsj.com)
2025-11-17

A look at the global AI data center buildout, its limits, and ROI concerns; in 2025, US capacity that is built, underway, planned, or stalled has topped 80 GW (www.wsj.com)
2025-11-16 AI

A profile of Meta Chief AI Scientist Yann LeCun, reportedly leaving after being sidelined, who says LLMs are a dead end for AGI and backs world models instead (www.wsj.com)
2025-11-15 AI

Waymo partners with Moove and Baidu's ApolloGo partners with Lyft to roll out robotaxis in 2026 in London, the first place Chinese and US robotaxis will compete (www.wsj.com)
2025-11-15 China London

Microsoft unveils an AI “super factory”, a new class of hubs for AI training, in Atlanta, as part of its plan to double its data center footprint over two years (www.wsj.com)
2025-11-15 Microsoft AI

Sources: Amazon and Anthropic support the GAIN AI Act which would give US buyers first priority on advanced AI chips; Microsoft publicly supported it in October (www.wsj.com)
2025-11-14 Amazon Microsoft AI

Alembic, which offers AI-powered data analytics for marketers, raised a $145M Series B led by Prysm and Accenture at a $645M valuation, up from $49M in 2024 (www.wsj.com)
2025-11-14 AI

Sources: Verizon plans to cut ~15,000 jobs, its largest workforce reduction yet, and transition ~200 stores into franchised operations, seeking to reduce costs (www.wsj.com)
2025-11-14

An investigation traces how Shanghai-based AI startup INF Tech accessed advanced Nvidia chips at an Indosat data center in Jakarta, despite US export controls (www.wsj.com)
2025-11-14 Startup AI Nvidia Shanghai

Anthropic says China's state-sponsored hackers used its tools to automate 80% to 90% of a September hacking campaign that targeted corporations and governments (www.wsj.com)
2025-11-14 China

Sources: Verizon plans to cut ~15,000 jobs, its largest workforce reduction ever, and transition ~200 stores into franchised operations, seeking to cut costs (www.wsj.com)
2025-11-14

AI coding startup Cursor raised $2.3B co-led by Accel and Coatue at a $29.3B valuation, after raising a $900M Series C at a $9.9B valuation in June (www.wsj.com)
2025-11-13 Startup AI

SMIC reports Q3 revenue up 9.7% YoY to $2.38B, above $2.35B est., and net profit up 29% YoY to $191.8M, above $161.2M est., as analog chip demand rises (www.wsj.com)
2025-11-13

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)
2025-11-13 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)
2025-11-13 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)
2025-11-13 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)
2025-11-13 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)
2025-11-12 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)
2025-11-12 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)
2025-11-12 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)
2025-11-11 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)
2025-11-11 China AI

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