Archive snapshot · Economy
Wed, Oct 14, 3:16 AM ET
ASML raises 2026 sales outlook for third time on surging AI demand, warns of supply shortfall
The Dutch chip-equipment maker lifted the low end of its annual guidance to between EUR 44B and EUR 45B while cautioning it may not be able to keep pace with AI
Bloomberg · +13 outlets
Character.ai files for Chapter 11 bankruptcy, citing costs and litigation
The AI companion startup's filing highlights the mounting legal and operating costs facing consumer AI companies.
CNBC · +7 outlets
OpenAI engineer arrested over hidden recording device found in San Francisco office
The Justice Department charged the employee, identified as a Saudi national, after the company discovered a sophisticated recording device in its offices.
Bloomberg · +14 outlets
China producer inflation rebounds as oil tops $100 and AI-related goods get pricier
Middle East hostilities and rising AI component costs pushed China's producer prices higher last month.
Bloomberg · +2 outlets
IonQ to acquire cybersecurity firm for up to $1.3 billion
The quantum-computing company's deal is its latest expansion beyond hardware into adjacent security markets.
WSJ · +14 outlets
IMF and World Bank unveil Bangkok blueprint to combat digital fraud
The global roadmap aims to shore up confidence in digital finance as increasingly sophisticated online scams spread.
Bloomberg · +5 outlets
Sunil Mittal calls for immediate AI regulation before serious accidents occur
The Indian telecom tycoon said governments are struggling to keep pace with AI innovation and should set guardrails without stifling it.
Bloomberg · +1 outlets
Princeton Digital Group seeks $1.2B syndicated loan for Malaysia data center buildout
The raise adds to a growing debt binge financing AI-related infrastructure across Asia.
Bloomberg · +1 outlets
Apple announces HomePod Mini 2 and new Apple TV 4K with far-field Siri microphones
The 'Welcome Home' event marked Apple's first smart home hub and its first Apple TV refresh in four years, though HomePod Mini 2 will not support Siri AI at lau
The Verge · +14 outlets
China's robotic hands give it an early lead in $5 trillion humanoid race
Advanced humanoid hardware is among the strategic high-tech fields where China has moved ahead of the US.
Bloomberg · +13 outlets
Applied Materials CEO expects revenue to double over the next few years on AI
The chip-equipment maker has opened a $5 billion R&D center in Silicon Valley to accelerate next-generation tool development.
Bloomberg · +12 outlets
Ledger reviews crypto wallet sales policies after spyware attack stole $90 million
The hardware maker is examining how its devices reach consumers after implanted spyware drained wallets.
Bloomberg · +10 outlets
Anthropic asks appeals court to rehear fight over US supply-chain risk designation
The AI company is contesting a decision upholding the Trump administration's national security labeling.
Bloomberg · +14 outlets
Cathie Wood favors Nvidia and AMD, avoids memory chips in 'volatile' cycle
The Ark Investment chief said she steers clear of traditional memory-chip players because their business cycle is the most volatile.
Bloomberg · +1 outlets
Tencent leans on cheap offshore yuan debt to fund AI infrastructure
Lower-cost yuan borrowing is giving leading Chinese tech firms a funding edge over global rivals in building AI capacity.
Bloomberg · +4 outlets
Shopify opens its catalog to more AI agents for agentic commerce
Shoppers will be able to configure AI agents to browse and purchase from Shopify listings, expanding the company's agentic commerce push.
The Verge · +14 outlets
Icon raises $200 million at $1.4 billion valuation for 3D-printed homes
BlackRock and Baillie Gifford led the bet on the 3D-printed housing company.
CNBC
NHTSA evaluating reports Tesla robotaxis speed through school zones
The safety agency is reviewing allegations involving roughly 1,000 Tesla robotaxis using the company's automated driving system.
The Verge

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