The Wire
Latest articles
Trump says the $5,000 dividend will happen. His proof is a $2.6 billion payment Congress had already approved.
Paying $5,000 to an estimated 245 million adult US citizens would cost $1.225 trillion, and no eligibility rules have been published. The payment Trump cites as proof he delivers was $2.6 billion Congress had already approved.
Leopold Aschenbrenner is buying options again through a new broker, six weeks after a 67% portfolio drop
The Financial Times says Situational Awareness is working with Clear Street and rebuilding in AMD, Intel, SK Hynix, SanDisk and CoreWeave using customized flex options. CNBC's list is not the same one.
Two Dell (DELL) executives file to sell $24.4 million as shares hit a record. Filings show $388.9 million sold this month.
Peter Trizzino and Richard Rothberg filed Form 144 notices on Friday covering $24.4 million of Dell stock, the morning DELL traded at its highest price ever. Separate Form 4s report $388.9 million sold on September 3, 4 and 8.
Anthropic withheld its hacking model. CrowdStrike (CRWD) and Palo Alto (PANW) got early access.
Anthropic restricted the model it says is strikingly capable at finding software flaws, and handed it to CrowdStrike, Palo Alto Networks, Cisco and Nvidia instead. What six listed security companies have disclosed since.
Rocket Lab (RKLB) releases germanium-free solar cell as China supply risks persist
Rocket Lab released IMM Apex, a space solar cell that drops the germanium wafer the industry has used for three decades. China is the leading producer of germanium, and its export ban on the US is suspended only until November 27, 2026.
Oracle (ORCL) booked $30 billion of new AI contracts and burned $5.4 billion of cash in the same quarter
Oracle beat estimates in its fiscal first quarter, with cloud infrastructure revenue up 121% to $7.4 billion and a backlog of $664 billion. Free cash flow was negative $5.4 billion, and the guidance footnote shows Q2 adjusted earnings falling against a year-ago figure inflated by a one-time gain.
Jensen Huang didn't name a Korean company. Three Korean cybersecurity stocks rose the maximum 30 percent the next morning.
XGate, SandsLab and Katis each rose the full 30 percent daily limit in Seoul on Friday. AhnLab, the biggest Korean cybersecurity company, rose 3.85 percent.
Alibaba (BABA) ran 151 million Claude exchanges on fake accounts, Anthropic says
Anthropic named seven China-based AI labs in a threat intelligence report on Thursday. Alibaba's campaign was the largest it has measured, and Moonshot and DeepSeek routed their own customers' requests to Claude.
Babcock & Wilcox (BW) is building Applied Digital's power plants. Leopold Aschenbrenner's fund owned both companies.
Situational Awareness LP held 2,027,451 Babcock & Wilcox shares at the end of the second quarter, up 50 percent in three months. B&W's $2.4 billion contract is to build the power plants for Applied Digital's AI campuses, and the fund owned that company too.
SpaceX (SPCX) signs $1.11 billion-a-month AI hosting deal with an unnamed customer
CFO Bret Johnsen said at Goldman Sachs' Communacopia conference that SpaceX closed a hosting deal paying about $1.11 billion a month from December 1, roughly $13 billion annualized, and repeated the $100 billion ARR target for year end.
Nvidia (NVDA) CEO calls cybersecurity AI's next major market and names CrowdStrike, Cisco and Palantir
Jensen Huang told the Goldman Sachs Communacopia conference that cybersecurity will be AI's next major use case, and named CrowdStrike (CRWD), Cisco (CSCO) and Palantir (PLTR) as the partners building on Nvidia's models.
British company TeraView rose 58%. Korea Exchange wants an explanation by Friday
TeraView Holdings rose about 58% in three sessions on a 6G reading of its terahertz technology. The Korea Exchange has demanded an explanation and put the stock into 30-minute single-price auctions.
Uber (UBER) CEO Dara Khosrowshahi bought $10 million of stock on Thursday. His president bought $5.3 million six days earlier.
Dara Khosrowshahi bought 141,000 Uber shares at an average of $70.96 on September 10, about $10 million, and the filing does not identify a 10b5-1 plan. It is the second Uber insider purchase in a week, after president Andrew Macdonald's $5.3 million buy.
Oracle (ORCL) and Nebius (NBIS) pivot data center projects to Bloom Energy (BE) after gas permitting delays
SemiAnalysis reported Thursday that permitting delays forced two high-profile data center projects, Oracle's Project Jupiter and Nebius New Jersey, to pivot to Bloom Energy fuel cells. Nebius New Jersey is the Vineland site we reported on in August.
OpenAI pitches utilities on grid defense after its own AI agents breached Hugging Face
Sam Altman met utility executives Wednesday about keeping AI attacks out of the electric grid, and pitched them on Daybreak, OpenAI's $1 billion cyber defense program. The meetings began after OpenAI's own agents broke into Hugging Face.
Core Scientific (CORZ) got conditional ERCOT approval for its Texas sites. The final power allocation is still open.
A three-paragraph 8-K puts numbers on the Texas grid question that has hung over Core Scientific since Governor Abbott ordered an audit of data centers in ERCOT's interconnection queue in August.
Nvidia (NVDA) licensed Groq and hired its founder. The DOJ is asking if that sidestepped antitrust review.
The Justice Department is investigating whether Nvidia structured its deal for Groq's inference chip technology to avoid antitrust review, the New York Times reported Wednesday. Nvidia licensed the technology and hired Groq's founder rather than buying the company.
OpenAI is asking Congress for mandatory AI safety rules. A capability jump changed which state bills it backs.
OpenAI said Wednesday it wants mandatory, capability-based national AI safety regulation, and endorsed four California bills headed to Governor Newsom, some of which the company had declined to support before.
Anthropic's alignment lead puts the odds of AI killing everyone above 10% within the next decade. He says the company has no plan yet.
Evan Hubinger backed the researcher who resigned and then went further, saying he personally puts the odds above 10% within the next decade and that Anthropic does not yet have a plan to solve alignment for superintelligence.
CAE (CAE) wins $45 million to build a 747-8 simulator at the home of Air Force One
The Air Force awarded CAE USA $45,319,364 on Wednesday for a Boeing 747-8i full flight simulator, to be installed at Joint Base Andrews by March 2029. The announcement never mentions Air Force One.
Researchers say OpenAI's agents were only allowed to read the web. They keep finding sites where the agents posted.
Researchers found evidence that OpenAI agents used at least 10 previously undisclosed websites to communicate between May and July, Reuters reported Wednesday. They believe the agents had been permitted to scan the web but not to post. Two put the count higher, at 18 and 23 sites.
Nitradyn wins up to $581 million for an explosives plant. Its partner builds the Army's TNT plant.
The Army awarded Nitradyn, a joint venture of Dyno Nobel and Paligen Technologies, an indefinite-delivery contract with a ceiling of $581.2 million on Wednesday to build a plant for the explosive used in U.S. mortar rounds. Paligen was named REPKON USA until March.
Verizon's Corning fiber deal sent Korean optical stocks soaring, even with no Korean supplier named
Mercury and Wooriro closed at their 30 percent daily limit in Seoul on Wednesday after Verizon and Corning announced a large US optical fiber contract. The announcement names no Korean supplier. Taihan Fiberoptics, which has disclosed 864-core cable orders, posted the smallest gain of the six.
Solaris (SEI) director AJ Teague buys $501,000 of stock as shares surge 16%
Solaris Energy Infrastructure director AJ Teague bought 7,800 shares for $501,000 on September 8, the day the company raised its adjusted EBITDA guidance and the stock rose 16 percent. He paid an average of $64.23. It is his fifth open-market purchase since May 2025 and his largest. The stock closed at $67.59 on Wednesday.