3M (MMM) shares rise after Amazon (AMZN) gets a stock warrant tied to $6 billion in data center purchases
The $521 million figure in the headlines is not what the warrant is worth. The 8-K shows how it really vests, a day before 3M's earnings call.
Meta (META) releases Muse Spark Open, the top US open-weight AI model. Seven Chinese models still rank higher.
Meta says the model runs on two Mac Studios. One ranking still puts seven Chinese models ahead.
OpenAI lawsuit tracker: eight states sue over ChatGPT child safety and AI testing
OpenAI faces lawsuits from nine states, from families who blame ChatGPT for deaths and injuries, from news publishers and authors, and from Elon Musk. This tracker follows each case.
Microsoft (MSFT) denies a report that its Azure chief ordered 20% cost cuts as AI spending climbs
A spokesperson called the report "inaccurate and careless."
Marvell (MRVL), Microsoft, and Oracle are writing an open standard to build key security into data center servers
Three companies want encryption keys protected inside the server itself.
MI5 launches AI threat center as its chief warns of bioweapon risks and AI alignment
MI5 compares the new team to the counterterrorism center built after 9/11.
AMD introduces Helion racks for AI agents, with up to 32,768 CPU cores and optional GPUs
The CPU-only version is built for hyperscalers, and AMD says it doesn't compete with the company's own Helios GPU racks.
Microsoft (MSFT) plans to run its AI products mainly on its own Maia chips starting in 2027
Microsoft expects its new Maia 300 to beat leading GPU systems on output per megawatt. Its cloud chief says Nvidia and AMD remain big partners.
IREN (IREN) rises on a report that Anthropic signed a multiyear cloud deal it never announced
IREN signed an unnamed frontier AI lab in August. Anthropic may be a customer.
AI giants could overtake the big banks as the bond market's biggest concentration risk. One strategist says governments are doing the crowding.
Wellington's Loren Moran says AI hyperscalers will overtake the big banks as the investment-grade bond market's largest concentration risk. A SocGen strategist says governments are doing more of the crowding.
Microsoft (MSFT) CEO Satya Nadella says AI models need an emergency brake and controls they can't override
Nadella's seven principles include incident disclosure, which the White House's AI task force told companies a day earlier is not optional.
Musk says electricity is an economy's best measure. China makes 2.4 times as much as the US. AI is why I'm watching nuclear.
Data centers account for nearly all of the latest forecast increase in peak demand on the biggest US grid, and Washington is putting money behind nuclear.
ChatGPT has more users. Anthropic brings in more revenue. Who actually pays for AI?
Few AI companies say how many people pay. Card data, app store sales, IPO filings, and ChatGPT's $1 billion ad business fill in some of the gaps.
The S&P 500's five biggest stocks now equal the bottom 434. In 2018 it was 282.
Michael Batnick's count has gone from 282 to 350 to 434 since 2018. We ran it ourselves and got 431.
IBM and IonQ reach the final stage of DARPA's quantum test as PsiQuantum gets a $150 million loan offer
Four companies moved to DARPA's final quantum test. IonQ says its own agreement could be worth up to $300 million.
Trump to award science medals to Musk, Brin, Huang, and Su as disclosure shows trades in their companies
It's the first time Trump has presented the medal in either term. Dell and Nadella get a separate technology award.
Microsoft's (MSFT) Nvidia-powered Surface Laptop Ultra starts at $2,599 and ships October 16
Microsoft is offering up to $1,000 back to MacBook Pro owners who switch. Before the event, analysts said price was the biggest question.
OpenAI sets its own $1.4 trillion price and asks Abu Dhabi's MGX and BlackRock (BLK) to fill a $30 billion round
There is no lead investor. A group of UAE funds could supply a third of the money.
Meta's Claude Code users fell by half. Microsoft (MSFT) cut its planned internal Anthropic spending by over a third.
Both are steering employees toward AI tools they built themselves. Microsoft's customers are still buying more.
Big pension funds are trimming US stocks over AI concentration. Your index fund can't
Three major retirement funds now allocate less to US stocks than their benchmarks. Passive investors don't get that choice.
The memory shortage is making electronics more expensive. AI users aren't the only ones paying.
Nvidia's seven-year-old streaming box just got $100 more expensive. The memory makers behind the price hikes are earning record profits, and their stocks still trade at low multiples.
OpenAI's GPT-6 Astra cleared a World of Warcraft zone in 40 minutes without seeing the screen
It read the server's messages and data files instead, built its own tools, and walked through a few walls along the way.
Sam Altman calls giving AI 'religious force' a safety issue. Anthropic's co-founder has been meeting religious leaders.
OpenAI's CEO posted the warning on Oct. 3 without naming anyone. A Google DeepMind scientist and Microsoft's AI chief have also criticized treating AI models as possibly conscious.
AI needs $6 trillion a year to fund its buildout, Bain says. Existing uses could bring in less than a third.
Bain named four places the rest of the money could come from. It put no number on one of them.