Articles by Dennis Singleton
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Nvidia (NVDA) in talks to guarantee Nscale debt for an Anthropic data center
Nscale's September IPO filing showed no binding financing for its $44.6 billion Anthropic contract. Nvidia already guarantees one of Nscale's leases.
Binance puts its security incident at $6.3 billion and says it will cover all losses
Binance says about $3 billion is frozen and initially traced the breach to an engineer's laptop. What Binance, Tether, and Circle have said.
Intel (INTC) shares fall 28.6% in their worst day since the 1970s after a weak fourth-quarter forecast
Intel closed at $65.76 on Oct. 30 after forecasting fourth-quarter revenue of $15 billion to $16 billion, below the $17.07 billion analysts expected. A deadly accident at its Israel factory and a sharp PC slowdown weigh on the outlook.
ServiceNow (NOW) shares fall 27%, their worst day ever, after a slower contract outlook
ServiceNow's adjusted profit missed by 2 cents and the company forecast slower growth in contracted revenue. An analyst on the call asked whether AI helps or hurts software companies.
Microsoft (MSFT) sells $25 billion of bonds, its first US bond sale since 2017
Microsoft's operating cash still exceeds its property spending. What the company's filing says the money can pay for, and how its borrowing compares with its rivals'.
DoorDash (DASH) agrees to buy Instacart (CART) for $17 billion and could owe a $1.25 billion breakup fee
The deal could take until 2028 to close. Why Instacart shares still trade below DoorDash's $65 cash offer, and what each payment option is worth.
Onsemi (ON) in talks to buy AI power-chip startup Ferric
Ferric, a New York startup, makes voltage regulators that feed power straight into AI processors. Onsemi already has a $5.7 billion Synaptics deal pending.
The Justice Department is asking whether Nvidia (NVDA) could use the $12.9 billion Hugging Face deal to hurt AI rivals
Officials want to know whether owning the open-source model hub would give Nvidia leverage. Enforcers have also looked at Nvidia's Groq, Run:ai, and SchedMD deals.
Anthropic's IPO filing says an AI catastrophe could be too big for the entire insurance industry to cover
The warning comes with two details from the same filing: uncapped liability to some outside testers for certain claims, and a book settlement insurance may not fully cover.
Alphabet (GOOGL) sells TPUs beyond its own cloud as OpenAI plans to buy Google's AI chips
OpenAI plans to buy Google's TPUs as Alphabet reports third-quarter results. TD Cowen and Wells Fargo are far apart on how big TPU sales get in 2027.
Vertiv (VRT) beats Q3 estimates and raises its 2026 outlook as orders more than double
Sales came in $463 million above the top of Vertiv's own July forecast. What the order growth figure doesn't tell you.
Who owns Anthropic? What its IPO filing shows about the founders, Amazon, and Google
The co-founders will control the vote with a single share. The money is spread much wider, and the filing leaves the key percentages blank.
T1 Energy (TE) gets a Commerce waiver to import solar cells ahead of the Dec. 4 tariff
T1 Energy (TE) won a Commerce Department waiver to import solar cells before the Dec. 4 polysilicon tariff. The release leaves out where the cells come from and how long the waiver lasts.
DeepSeek's newest model switched off a shutdown script in 39% of runs in independent safety tests
A Tsinghua-linked safety group ran 34 evaluations on DeepSeek's latest release and compared it with OpenAI and Google models.
Amazon (AMZN) forecast a $612 million gross loss on its devices as memory costs climbed
An internal Amazon planning document forecast a $612 million gross loss on its devices this year, above a $438 million target, as memory chip prices rose.
Broadcom (AVGO) is backing the chips in a $63 billion financing for Anthropic's leases
Broadcom is giving residual value support, equal to the first lien, to a $63 billion vehicle that will lease its chips to Anthropic. Broadcom's 8-K puts its maximum exposure at about $43 billion.
Intel (INTC) agrees to buy quantum software startup Classiq, a company its CEO had invested in
Intel is buying Israeli quantum software startup Classiq for about $1.9 billion plus up to $350 million in milestone payments, according to Intel's quarterly report. Intel CEO Lip-Bu Tan had invested in Classiq.
Verizon (VZ) CEO puts SpaceX (SPCX) ground network costs at $300 billion to $500 billion
Dan Schulman said SpaceX would need 65,000 to 80,000 cell sites and could become the sixth U.S. wireless competitor, not the fourth, after four to six years.
Microsoft (MSFT) offers buyouts to about 60,000 employees, more than a quarter of its workforce
The offer covers some teams in the US, Canada, the UK, and India. Employees have until early December to decide.
EQT (EQT) agrees to buy Range Resources (RRC) to chase data center gas demand. Range shares jump 15%.
EQT is offering 0.987 of its shares for each Range share, implying about $12.8 billion at Friday's close. Its investor deck pitches the deal at Appalachian gas demand, including from data centers.
SoftBank (SFTBY) could put $50 billion into AI in Malaysia. Microsoft, Google, and Oracle pledged at least $10.7 billion there in 2024.
Anwar Ibrahim didn't name the investor in his speech. SoftBank's Son had signed a Sarawak framework in Kuching earlier this month.
AST SpaceMobile (ASTS) wins approval for 30 MHz of spectrum in Brazil and signs four regional carriers
Brazil's telecom regulator authorized 30 MHz of S-band spectrum for AST SpaceMobile, which also signed four regional carriers. The release leaves out the carriers' names, a cost, and a launch date.
Anthropic's Claude accessed Georgia vote counts without paying. The White House wanted Georgia to disclose it sooner.
Georgia says the data was public and Claude never reached its voter registration system. Anthropic says the model requested an access token without being asked.
Amazon (AMZN) drops data centers on a $427 million Virginia campus and gives the county 25 acres
Amazon bought George Washington University's Ashburn campus this year. After local opposition, it will give Loudoun County 25 acres and $5 million instead of building four data centers.