AI business

CEO Tony Xu gave the figure on the October 29 earnings call. The number is tiny, but so is the door agents were given.

Reddit's third quarter was strong. One sentence in the shareholder letter about search referrals wiped out the gains, and it points at Google's AI Mode.

AWS had its fastest growth in nearly five years. Amazon's trailing free cash flow swung from plus $14.8 billion to minus $42.4 billion.

Server chips grew 78% and PC chips shrank 5%. Then the CFO said Intel won't make positive cash flow this year, and a factory blast cut supply.

Alphabet fell about 13% on October 29, its worst day since it listed. Search grew slower than expected and cash burn was bigger than analysts thought. Here's what drove the drop.

Reuters reports the Chinese memory maker plans limited HBM3E output within two months. The yield is a fraction of SK Hynix's, and the reason it's going ahead anyway says more than the number.

Oracle will be the first cloud outside Google to offer its TPUs, but not until 2027. The OpenAI purchase is one report from one anonymous source. Here's which parts are confirmed.

Google Cloud grew 103% to $30.7 billion, and Alphabet's stock still fell about 10% after hours. The cash flow table shows why.

Meta launched two offerings on October 26 to help pay for its AI buildout. Meta picks when the bigger one settles, no later than November 19, 2027.

Microsoft opened a Voluntary Exit Offer on October 26 that CNBC says is open to about 27% of its workforce, as it spends heavily on AI. Nobody outside the company knows how many will take it.

The draft prospectus now covers the first half of 2026. The big number is again mostly a bond revaluation, and the number investors are arguing about is revenue growth.

Revenue rose 26%, yet free cash flow was minus $2.12 billion. Meta's earnings release also created a non-voting Class C stock, and the release says part of its job is raising money.

Anthropic says it will commit 5% of its stock to a new fund, plus 2% more each time its value jumps 50%. Who runs it, and how much it's worth, are still blank.

Project North Star would be the biggest chip financing deal on record. The headline is the size, but the interesting part is the three-point gap between what Anthropic pays and what comparable companies pay.

Dell, Oracle and CoreWeave all dropped hard on October 14. The reasons differ, but they share one uncomfortable thing: borrowed money got more expensive the day after the IMF warned about exactly that.

The Wall Street Journal says Amazon is close to buying the chip-software startup. Neither company has confirmed it, and the price is about 75% above Decart's last valuation.

The chatbot company filed for Chapter 11 on October 12. Disney is first in line to buy some assets, and the app shuts down if no one bids higher.

A federal complaint unsealed October 13 says an OpenAI engineer taped a thumb-sized microphone behind a TV in an executive conference room. The charge is a wiretap count, and nobody has said why.

Meta's new agent models rank near the top of one popular index, by its own count. The paid tiers and the missing API price are where the launch gets real.

OpenAI told investors it had $50 billion in annualized revenue at the end of September. A month earlier, $68 billion was the figure everyone repeated. Both can be true, depending on what you count.

A new visual ad format starts testing in the US later this month. The numbers meant to sell it to advertisers are worth a closer look.

The headline number from Anthropic's IPO filing is mostly an accounting charge. The numbers underneath it, compute bills and two big customers, tell you more about the company.

On September 28 Shopify let browser agents place orders on every eligible store, a week after Amazon shut out Meta's Muse. The two look like opposites. Shopify's developer docs suggest they agree on more than the headlines say.

GPT-6 Sol now costs $2 per million input tokens, and Luna costs 10 cents. Here's what those numbers mean in real life, and why OpenAI's own benchmark deserves a raised eyebrow.