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Alibaba (BABA) plans to spin off its T-Head chip unit in Hong Kong. Shareholders won't get guaranteed shares.
Hong Kong's exchange confirmed Alibaba may proceed with spinning off T-Head, its data-center chip unit, and excused it from giving shareholders guaranteed shares.
SoftBank (SFTBY) reports a $7 billion loss, including $3.7 billion tied to power equipment it paid for early for AI data centers
SoftBank paid $9.5 billion in advance for power equipment for US AI data centers, then changed its plans. Its CFO also answered Elon Musk's claim that SoftBank defaulted on turbine orders.
TSMC (TSM) approves up to $500 million each for Anthropic and OpenAI. Google and Nvidia plan $10 billion apiece for Anthropic.
TSMC's board approved investments of up to $500 million each in Anthropic and OpenAI on Tuesday. Anthropic's filing shows what TSMC and six other partners are buying in its $26 billion placement.
Nvidia's (NVDA) top lawyer reportedly contacted Commerce before its Megaspeed chip probe was paused
Nvidia's general counsel cited a senior Commerce official when he contacted investigators in 2025, the Times reported. Megaspeed's website still cites a clean inspection.
Anthropic's (ANT) IPO range values it at up to $1.02 trillion, or about $1.4 trillion fully diluted
Anthropic set a $70 to $78 range on Tuesday. Which valuation you get depends on the shares you count, and seven chip and cloud partners have agreed to buy $26 billion of stock alongside the deal.
What is an aeroderivative turbine? AI data centers turn to old jet engines as gas turbine waits stretch to six years
FTAI has more than 100 converted airliner engines under contract, and used gas turbines now sell for up to $1.7 million per megawatt. Here's why buyers aren't waiting.
Rocket Lab (RKLB) beats revenue estimates, posts wider loss as backlog reaches $3.57 billion
Iridium deal costs helped push Rocket Lab's loss past forecasts. Meanwhile, some Neutron launches now sell for $70 million, and the first 16 are booked before the rocket has flown.
SK Hynix (000660) closed 62% below its record on November 9. Analysts' average target was 169% higher.
DS Investment & Securities kept a 2.64 million won ($1,967) target on SK Hynix, and the 21-brokerage average is 3.05 million won ($2,276). Individuals' net SK Hynix buys since June 23 were down an estimated 2.09 trillion won ($1.56 billion) by October 28.
AST SpaceMobile (ASTS) moves its 45-satellite target to mid-2027
AST SpaceMobile's third-quarter release targets about 45 BlueBird satellites in orbit by the middle of 2027. In March, the goal was 45 to 60 satellites by the end of 2026. Twelve are in orbit now.
SpaceX (SPCX) plans a $24 billion gas plant and computing site at Starbase. Texas has paused data center permits.
Starbase's commission will consider tax agreements for the project on Dec. 9. State records show SpaceX has an air registration pending for generating facilities at a location consistent with the site.
Anthropic (ANT) cuts Fable's price 20% with its 5.2 models and says it held back their AI research skills
Fable 5.2 costs 20% less than Fable 5.1 but still twice as much as Opus 5.5. Anthropic also says it deliberately limited the model's AI research skills.
Apple's (AAPL) new CEO wants Siri to act like an AI agent, days after Apple warned agents could defy instructions
Bloomberg's Mark Gurman says Apple could make Siri more like an agent as early as next year. Apple's own 10-K, filed November 3, lists what agents can get wrong.
CoreWeave (CRWV) letter to Texas leaves out its unbuilt capacity there. Galaxy (GLXY) filings show 393 MW to come.
CoreWeave backed Gina Hinojosa's terms on power bills and water. One landlord's filings show part of what it still has to build in Texas.
Disney (DIS) hires Adobe (ADBE) to build private AI models after its OpenAI deal fell apart
Adobe will build AI models trained on Disney's own characters, for Disney's staff. Disney's last big AI deal, with OpenAI's Sora, ended in March.
Akamai (AKAM) plans $2.2 billion of convertible notes four days after its banks raised its leverage limit
Four days before the note sale, Akamai's banks raised its leverage cap to 6.25 times. Its Anthropic contracts need spending before revenue arrives.
Nvidia (NVDA) fell 4% after its CEO probe while AMD rose 13% and Broadcom (AVGO) rose 9%
Every other big chip stock we checked closed higher. Nvidia is now down 17% from its close two weeks ago.
Anthropic's (ANT) Claude passed Google's (GOOGL) Gemini in chatbot sessions. ChatGPT still has 81%.
Claude went from about 0.5% of sessions to 7.2% in a year, Graphite's Similarweb data show. On the web alone, Gemini is still well ahead.
Anthropic reported a leak involving about 100 Korean Claude Enterprise accounts to Korea's privacy regulator
Names, emails, plan tiers, and spending figures may have been exposed when a US security firm reached Anthropic's systems. Korea's regulator hasn't opened a formal investigation yet.
Google (GOOGL) adds two new TPUs due in 2027, and one works alongside AMD chips
One new chip is aimed at government agencies and regulated industries. The other puts two TPUs in a single package.
China again calls Jensen Huang spy claim a smear, sidesteps question on 600,000 Nvidia (NVDA) chips
Asked about Nvidia's board probe, the Foreign Ministry pointed back to its October 30 answer. Two chip questions at the same briefing got a referral elsewhere.
Constellation Energy (CEG) earned $5.06 a share, well above estimates, and raised its 2026 forecast
The new 2026 range starts at the top of the old one. Constellation also signed a new 20-year nuclear supply deal and a conditional $5 billion DOE loan commitment.
Digital Realty (DLR) and Goodman paid about A$694 million for 9.9% of data center operator NEXTDC
The filing shows 7.7 million shares bought before the A$9.50 book build. NEXTDC had cut its forecasts after a power delay in Melbourne.
Nvidia (NVDA) board opens independent probe after Jensen Huang admits he was unfaithful to his wife
The board says it has no reason to believe Nvidia secrets were compromised. Huang's message apologizes to his family and staff but doesn't name the woman.
Anthropic reportedly paid $3.4 billion to take over OnePWR's Caterpillar (CAT) gas generator orders
A Piper Sandler deal page backs the $3.4 billion figure without naming the buyer. Anthropic's IPO filing says some planned data centers rely on on-site gas generation.