Keep pulling the thread on Goldman Sachs.
Micron executives forecast that the company's gross margins will expand to 86% in the fourth quarter.
A Goldman Sachs note warned that consensus forecasts are underestimating the size of the AI infrastructure buildout by as much as 50%.
Anthropic alleges that an illicit distillation attack by Alibaba ran from mid-April through early June before it was shut down.
The Pentagon updated its list of firms with ties to the Chinese military, adding every Chinese cloud giant along with multiple electric vehicle companies, robotics labs, and chipmakers.
Micron increased its financial forecast, guiding for an additional 22% jump in revenue for the next quarter.
Micron disclosed four long-term contracts with large customers that lock in current memory prices and deliver 56% gross margins.
Broadcom CEO Hock Tan stated that compute demand from customers is "insatiable" and is expected to remain at the same or elevated levels into 2028.
According to a White House source, the Trump administration is willing to negotiate with Anthropic co-founder Tom Brown but not CEO Dario Amadei.
OpenAI has unveiled its first in-house chip, codenamed Jalapeño, which was produced in collaboration with Broadcom.
OpenAI President Greg Brockman stated that developing the Jalapeño chip is part of a long-term strategy to make compute more abundant, faster, and more affordable.
Anthropic accused Alibaba of conducting the "largest distillation attack ever detected" by accessing its models nearly 29 million times through 25,000 fraudulent accounts.
Anthropic argued to US senators that distillation attacks by Chinese firms turn American R&D investment into a massive subsidy for geopolitical competitors.