Loan me a trillion until next Friday, gov?

OpenAI is burning through cash at a staggering rate, and HSBC’s latest sums suggest the bonfire is far bigger than most expected.

Seoul throws cash and clout at its own AI destiny

The global AI arms race between China and the US has smaller nations nervously eyeing their supply lines, fearing they will end up beholden to the whims of the superpowers.

Black Friday exposes just how badly the new CPUs are struggling

Troubled Chipzilla’s Core Ultra 200 series has seen its prices nearly halved since launch, a sign of how little love the Arrow Lake chips are getting. Amazon’s Black Friday sale pushed them to fresh lows, and some models now sell for barely half their original tags.

Amazon Black Friday deal

Amazon has pushed down the price for AMD's Radeon RX 9060XT 16GB from the usual $399.99, down to $339.98.

A blowout quarter sends investors scrambling for their calculators

Nvidia lit up the market with a quarterly surge that made the cocaine nose jobs of Wall Street forget their nerves about runaway AI spending.

Big Red’s grand AI punt keeps shredding its own valuation

Oracle’s market value has been sliding like a greased ferret since 10 September, when it trumpeted its $300bn deal with OpenAI and watched roughly $315bn vanish in the process.

Heavy debts rattle investors already twitchy about runaway AI spending

Oracle has taken a wallop as tech stocks and bonds tank, landing far harder than its Big Tech pals thanks to its colossal borrowing spree to muscle into the AI circus, which has rattled the cocaine nose jobs of Wall Street something fierce.

Fancy first dibs on AI silicon

Brown box shifter Amazon is standing next to the software King of the World, Microsoft, in cheering new US laws that would clip Nvidia’s exports to China.

Claude maker throws silly money at US data centres

Anthropic has decided that the only way to keep its AI toys from coughing is to pour $50 billion into new infrastructure across the US.

Fidelity’s Huang begs for wafers as fabs hit their limits

TSMC’s latest sports day turned into something of a customer summit when Fidelity boss Huang Renxun publicly pleaded for more chip supply, declaring that “without TSMC, there would be no Fidelity.”