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What xAI’s Memphis Christmas Lights Tell Us About Data Centers in Space
In my hometown of Memphis, Tenn., Elon Musk’s xAI is a big topic of conversation for the second holiday season in a row thanks to the two gigantic data centers the company has opened here. The multi...

Waymo Upgrades Fleet in Response to San Francisco Outage
Waymo on Tuesday provided further details about its decision on Saturday to temporarily pause its robotaxi service in San Francisco amid a citywide power outage that caused its driverless cars to stal...

Binance Promotes Trump Family’s Stablecoin With 20% Yield
Binance, the world’s largest crypto exchange, said Tuesday it will start offering users up to 20% annualized yield on USD1, the stablecoin issued by President Donald Trump’s family crypto ventur...

More PE Firms Raise Cash Selling Stakes in Fees, Profits
Private equity firms sold $3.5 billion of general partner stakes through the end of October, on pace to set a record, the Wall Street Journal reported Wednesday, citing data from PitchBook. The GP sta...

VC Partner Midha in Talks to Establish 1 Gigawatt Data Center Venture
Anjney Midha, a former Andreessen Horowitz general partner, is in discussions to secure more than $10 billion in capital for a coalition connected to his new venture, AMP, according to someone familia...

Intel Shares Fall After Nvidia Halts Chip Manufacturing Test
Nvidia has stopped testing an Intel process to manufacture its chips, Reuters reported, driving Intel’s shares down. Nvidia was recently testing an Intel production process known as 18A but decided ...

Predicting Prediction Markets Is a Tough Call
The best prediction for 2025 would have been predicting the soaring growth of prediction markets. My prediction for 2026 is it will be a tough year for prediction markets.My colleagues Sara Germano an...

Two IPO-Bound AI Model Developers Reveal Their Losses
Two Chinese AI startups are vying to be the first publicly traded AI model providers in the global stock market, ahead of expected future initial public offerings from OpenAI and Anthropic. The Chines...

OpenAI’s Ads Push Starts Taking Shape
OpenAI executives have kept a tight lid on how the company could show advertisements to users of its popular ChatGPT chatbot, leaving the broader digital ad industry eager for clues. Behind the scenes...

Snowflake in Talks to Buy App Monitoring Startup Observe Inc. For Around $1 Billion
Snowflake is in talks to buy app monitoring startup Observe Inc. for around $1 billion, which would likely be the biggest deal in Snowflake’s history, The Information reported Tuesday. Observe, bas...