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The Latest Breaking News from The Information

China's DUV Chip Tool Push Shakes Markets. ASML's Dominance Faces Scrutiny, But Major Hurdles Remain

China has reportedly begun producing homegrown immersion DUV lithography machines, marking another step in its drive for semiconductor self-sufficiency as technology restrictions reshape the global chip industry.

International Business Times

Nasdaq Futures Plunge as Chip Selloff Rages On, FOMC Meeting and Earnings on Tap

September Nasdaq 100 E-Mini futures (NQU26) are down -1.07% this morning as investors continued to ditch chipmakers amid concerns over the sustainability of the AI spending boom.

Barchart

Google reportedly developing 'Frozen v2' chip with Gemini's architecture etched into the silicon — engineers project 6 to 10 times more tokens per watt than latest TPUs

Google is developing a server chip, informally dubbed "Frozen v2," that would etch part of its Gemini model's architecture directly into the silicon.

Tom’s Hardware

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Exclusive: Marc Lore says Wonder is gearing up for an IPO after raising $650 million at a $9 billion valuation

Wonder, which owns Grubhub and Blue Apron, is betting robotics, AI, and a nationwide expansion can reshape restaurant delivery before going public.

Fortune

Apple chasing AI chip company deals, The Information reports

Apple is reportedly exploring acquisitions of chip companies to enhance its AI server processors. The tech giant faces performance challenges with its current in-house M2 Ultra chips. A planned future AI server chip, internally codenamed Baltra, has experienced delays. Apple previously struggled to run Google's Gemini models on its own…

The Economic Times

ChatGPT's Guest Traffic Now Runs On Far Fewer GPUs After Internal Optimization. Yet The Bigger Question Is Whether Those Savings Extend To Paid And API Workloads.

OpenAI inference cost reduction cut ChatGPT guest traffic from tens of thousands of Nvidia GPUs to just a couple hundred, using software optimization alone. Engineers achieved more than 50% savings with techniques analysts believe include KV cache reuse, quantization, and smarter GPU request batching, as OpenAI pursues a 52% gross…

International Business Times

OpenAI staggers AI model release after Trump administration request

Sam Altman announces limited preview of GPT 5.6 in move that echoes launch of Anthropic’s Mythos

The Guardian - UK

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OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processors

OpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while Celestica developed the physical computing hardware of the chip, including its circuit board, hardware frame, and system integration.

The Economic Times

Qualcomm mulls taking over Jim Keller's Tenstorrent, report claims — deal for AI chipmaker would value the company at between $8 billion and $10 billion

Qualcomm is in talks to buy RISC-V-based AI accelerator and CPU developer Tenstorrent for $8 billion - $10 billion.

Tom’s Hardware

Microsoft Reportedly Considers Spinning Out Xbox to 'Make It Easier to Sell'

Microsoft wants to overhaul its struggling Xbox, and one of the options the company is considering is making it its wholly owned subsidiary.

Player One

Microsoft is looking to speed up development of future Elder Scrolls, Fallout, and Halo games

A new report suggests Microsoft may also be giving thought to spinning off its Xbox division or selling it entirely.

PC Gamer

OpenAI expects to go public 'within the next year,' the Information reports

OpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remains undetermined, Altman noted that rapid advancements in AI's self-improvement capabilities could influence the timing of a public offering. OpenAI is also preparing for a tender offer at its…

The Economic Times

OpenAI expects to go public within the next year: Report

OpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the next year. The company has confidentially filed for a US initial public offering. This move signals a strong push towards listing amid high investor demand for…

The Economic Times

Satya Nadella denies claims Microsoft wants to “make people addicted" to AI — as the company shifts from Bill Gates’ software vision to an agentic future

Satya Nadella denies claims Microsoft wants to make people addicted to AI as the company pivots from traditional software to AI agents.

Windows Central

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TechRadar

Meta is rumored to be working on an AI pendant, and smart glasses different to what we've seen before

We've got a couple of Meta hardware rumors to sort through, and AI is of course central to them.

Euronews

Five things to know about OpenAI’s potentially record-breaking IPO plans

The maker of ChatGPT is preparing to go public in what could be the largest stock market debut in history — if SpaceX does not get there first.

The Economic Times

OpenAI reports nearly $6 billion Q1 revenue, $1 billion more than Anthropic: Report

OpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter revenue to double to $11 billion with a $600 million profit.

Windows Central

Inside why Bill Gates expected Microsoft to burn $1B on OpenAI — and how the bet paid off far beyond that

A new report by The Information revealed that Microsoft's partnership with OpenAI has generated approximately $30 billion in revenue for the former between 2023 and 2025.

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The Economic Times

Anthropic in talks to buy AI tools startup Stainless for over $300 million: The Information

AI firm Anthropic is reportedly in advanced talks to buy Stainless for over $300 million. Stainless builds software for easier AI model access. This comes as Anthropic also explores raising at least $30 billion in new funding. The company's valuation could exceed $900 billion.

Tom’s Hardware

Google and Pentagon in talks to run custom AI chips inside classified environments — Google pushes for tight controls for TPUs surrounding use for mass surveillance and autonomous weapons

Google is reportedly negotiating with the U.S. Department of Defense to deploy Gemini in classified settings, with the talks covering the addition of GPU racks to Google Distributed Cloud.

Axios

OpenAI will shutter Sora video app

The AI video app shot to the top of the app store charts before downloads plummeted.

Tom’s Hardware

OpenAI building GitHub alternative after frequent platform outages and disruptions — a public OpenAI code repository would directly compete with one of its biggest investors

OpenAI is building its own code repository, prompted by a rise in GitHub outages and disruptions that left its engineers unable to work for hours at a time.

International Business Times

Apple May Use Google's Servers for Next-Gen Siri's Data Storage Needs, Says Report

A new report suggests that Apple may require Google's services for the next-gen Siri's data storage needs.

Tom’s Hardware

Stargate AI data centers for OpenAI reportedly delayed by squabbles between partners — sources say OpenAI, Oracle, and SoftBank disagreed on who would have ultimate control of the planned data centers

OpenAI, Oracle, and SoftBank have reportedly spent several months negotiating over who would have ultimate control of the data centers planned for Stargate.

Tom’s Hardware

AMD's AI chips to be used as debt collateral in $300 million loan, report says — Cloud startup to use chips in Ohio datacenter

AMD's chips will be used as debt collateral in a $300 million loan to cloud startup Crusoe with financing from Goldman Sachs.

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