Articles from www.wsj.com

Articles from www.wsj.com

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)
2025-11-11 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)
2025-11-11

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)
2025-11-11 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)
2025-11-11

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)
2025-11-11 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)
2025-11-10 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)
2025-11-10 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)
2025-11-9 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)
2025-11-8 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)
2025-11-7 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)
2025-11-7 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)
2025-11-7 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)
2025-11-6 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)
2025-11-6 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)
2025-11-6 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)
2025-11-6 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)
2025-11-5 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)
2025-11-5

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)
2025-11-5 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)
2025-11-5 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)
2025-11-4 Goldman

Coca-Cola releases upgraded AI-generated ads for 2025 holidays, after finding people didn't know or care about the use of AI, despite criticism for its 2024 ads (www.wsj.com)
2025-11-4 AI

Anthropic announces a deal with Cognizant, under which Cognizant will deploy Claude to its 350,000 employees and co-sell Claude models to its business customers (www.wsj.com)
2025-11-4

Sources: Trump decided not to discuss Nvidia's AI chip exports to China during his October 30 meeting with Xi Jinping following opposition from his top advisers (www.wsj.com)
2025-11-4 Trump China AI Nvidia

OpenAI and AWS agree to a seven year deal in which OpenAI will pay $38B for AI compute, including training its models on Amazon's servers and using its CPUs (www.wsj.com)
2025-11-4 Amazon AI

A look at Palantir's four-month “Meritocracy Fellowship” for high school graduates, which offers a path to a job at Palantir without a university degree (www.wsj.com)
2025-11-3

Despite the hype around large AI models, many companies like Meta are using small models for routine tasks, finding them more practical and cost-effective (www.wsj.com)
2025-11-1 AI

In their latest earnings reports, Meta, Alphabet, Microsoft, and Amazon have announced plans to increase their AI spending in 2026 to a combined $400B (www.wsj.com)
2025-11-1 Amazon Microsoft AI Alphabet

Google releases its first AI-generated ad, promoting Search's AI mode, but chooses not to include a label disclosing it was made with Veo 3 and other tools (www.wsj.com)
2025-10-31 Google AI

TrendForce estimates DRAM in 2026 will bring in over 4x as much revenue as the 2023 trough, reaching a record ~$231B, driven by AI industry demand for HBM chips (www.wsj.com)
2025-10-30 AI

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