SoftBank's Profit Surge and AI's Historical Breakthrough

Sam Altman wants to raise more money for his chip ambitions than the entire semiconductor industry. The Feds might put the breaks on Microsoft’s acquisition of Activision… again. Is Ring raising its subscription doorbell prices too much? And, of course, the weekend longreads suggestions.

Sponsors:

• Robinhood.com/boost

Links:

• Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI (WSJ)
• Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources (Reuters)
• Disney’s Epic Deal Values Fortnite Maker at $22.5 Billion, a Sharp Cut (The Information)
• Activision Had Planned Layoffs Before Merger, Microsoft Says (Bloomberg)
• Ring video doorbell customers angry at 43% price hike (BBC)
• Ring is raising the price of its cheapest subscription plan by 25 percent (The Verge)
• Arm shares surge 48% after SoftBank-controlled chip designer issues strong forecast (CNBC)

Weekend Longreads Suggestions:

• Can AI Unlock the Secrets of the Ancient World? (Bloomberg Businessweek)
• AI Just Discovered 'Unreadable' Ancient Scrolls (National Geographic)

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