OpenAI Targets $30 Billion in New Funding at $1.4 Trillion Valuation Ahead of IPO
OpenAI is seeking a massive new round that would make it one of the most valuable private companies ever, with Altman saying investors are patient on IPO timing
Bloomberg.com · +14 outlets
Micron Gives Bullish Forecast on AI Demand, Warns Rising Pay Will Crimp Margins
The memory chipmaker's quarterly results and guidance beat estimates as AI demand outstrips supply, though compensation costs weigh on profitability.
Bloomberg · +1 outlets
Google Unveils Gemini 4 Argon, Restricts Access to Trusted Cyber Defenders
Google says its next frontier model delivers top-tier performance in software engineering and enterprise work, but limits early access over security concerns.
The Verge · +13 outlets
Paramount Names Ynon Kreiz Co-CEO Ahead of $110 Billion Warner Bros. Discovery Merger
The former Mattel chief will lead alongside David Ellison as the merged Paramount-Warner Bros. Discovery closes.
The Verge · +10 outlets
South Korea Exports Hit Record in September as AI Chip Boom Rolls On
Strong semiconductor demand reinforces expectations the trade-dependent economy can withstand higher interest rates.
Bloomberg · +14 outlets
FTC Probes OpenAI and Anthropic Over Product Safety Concerns
The investigation adds regulatory pressure to leading AI labs as Washington weighs new oversight of the sector.
New York Post · +13 outlets
Nidec Shares Plunge After Auditor Withholds Opinion on Long-Delayed Earnings
The Japanese motor maker's shares fell as much as 20% in Tokyo, deepening concerns about the scandal-hit company's financial reporting.
Bloomberg · +2 outlets
Gasto del consumidor en EE.UU. anota fuerte alza y PCE subyacente sube 0,2%
Bloomberg.com · +1 outlets
Huawei Warns of More Smartphone Price Hikes as Memory Costs Surge
The Chinese handset maker plans to raise prices to offset rising memory costs, betting on its chips-to-software integration to defend market share.
Bloomberg · +14 outlets
BMW Aims to Cut 20% of Managers Using AI in Cost-Savings Push
The German automaker plans AI-driven management reductions as it seeks efficiency savings amid a tough auto market.
Bloomberg.com · +14 outlets
Fed's Kashkari Says AI Is Not the Only Driver of US Economic Growth
The Minneapolis Fed president pushed back on claims that AI-related construction is the sole thing keeping the US economy from shrinking.
Bloomberg · +14 outlets
Bank of England Warns Gilt Market Faces Growing Spillover Risks
The central bank flags vulnerability in UK government bonds, where hedge funds now hold a record share of the $30 trillion Treasury market.
Yahoo Finance UK · +3 outlets
Nokia and Iceye to Build Sovereign European Satellite Service for Defense
The partnership targets growing European demand for secure, homegrown communication and Earth-observation capabilities.
Bloomberg · +6 outlets
Hedge Funds Hold Record Share of $30 Trillion Treasury Market
Rising leveraged positioning in Treasuries raises questions about market stability if conditions tighten.
cnbc.com · +14 outlets
Infineon Weighs Thailand as Semiconductor Production Hub After $1.44B Expansion
The German chipmaker's expanded assembly and packaging investment signals Southeast Asia's growing role in the chip supply chain.
Bloomberg
Blue Origin's First Outside Funding Round Oversubscribed, Not Yet Closed, CEO Says
Strong investor demand for the space company comes amid renewed interest in commercial launch and space infrastructure.
cnbc.com · +12 outlets
Wall Street Regulator Moves to Expand Retail Access to Private Funds
The SEC effort would widen investor access to private markets long reserved for institutions and wealthy individuals.
Bloomberg.com
PaleBlueDot AI Seeks $600 Million Private Credit to Buy Chips
The financing highlights how AI compute demand is drawing debt capital into chip acquisition.
Bloomberg.com · +1 outlets