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High Times

Google closes at a record high

The internet giant has a lot going for it right now.

11/21/25 4:15PM

Google parent Alphabet hit a record closing high of $299.66 today, continuing what’s been a very good run for it recently.

The search giant has a lot going for it at the moment:

This week, Google unveiled its latest and greatest AI model, Gemini 3, which has analysts, leaderboards, and consumers enthralled. Even OpenAI CEO Sam Altman has said that his company, once the leader, has to again play catch-up to its competitor.
The company recently launched its latest tensor processing unit, which is 30x more power efficient than its 2018 TPU, as it seeks to provide infrastructure that’s “more reliable, more performant and more scalable than what’s available anywhere else.” That’s Google’s way of positioning itself on top even if we’re in an AI bubble.
The search giant has expanded its cash cow, advertising, to its ChatGPT dupe, AI Mode, helping soothe worries over Google losing ad dollars to AI upstarts.
Google is riding high from its stellar earnings report last month, which blew past analyst expectations.
Signs of a “near term” rate cut are pushing up many stocks, including Google. Meanwhile, Google has been been rising — and falling — and rising with other major AI stocks.
Even Google subsidiary Waymo has been making big moves, outboxing Tesla in the battle for robotaxi supremacy.

Jon Keegan2h

Chinese drone-maker DJI sues to overturn FCC foreign drone ban

Chinese drone maker DJI has filed a lawsuit against the FCC challenging the December 2025 decision that effectively banned all foreign drones and components from the US market. DJI and all other foreign drone makers were added to the FCC’s “covered list” of equipment and services that the agency says “pose an unacceptable risk to the national security of the United States”.

In a lawsuit filed with the US Court of Appeals for the Ninth Circuit, DJI argues that the company is “severely harmed” by the ruling, and seeks review of the decision:

“The FCC exceeded its statutory authority, failed to observe statutorily required procedures, and violated the Fifth Amendment when it purported to add DJI’s products to the Covered List.”

In a statement to Sherwood, a DJI spokesperson said:

The FCC can add products to the Covered List only when they present a national security threat, yet it has never identified any threat associated with DJI or its products. Despite repeated efforts to engage with the government, DJI has never been given the chance to provide information to address or refute any concerns. These procedural and substantive deficiencies violate the Constitution and federal law.

The FCC decision has cleared the way for the nascent US drone industry just as the US military urgently races to catch up in the race to acquire drones.

Jon Keegan4h

Anthropic follows OpenAI in rolling out agentic tools for enterprise

Just a day after OpenAI rolled out its agentic platform for enterprise, Anthropic has announced its own. Built from existing pieces of Anthropic tech that have already been previewed, the new platform essentially ties together plug-ins that can be tailored by enterprise customers into Claude Cowork.

Companies can customize their version of the tool to use their branding, communication style, and private data to speed up a long list of common tasks like performing financial analyses, human resources tasks, design, and engineering workflows. New connectors tie Claude Cowork into third-party platforms like Salesforce’s Slack, Google’s apps, LegalZoom, and DocuSign, among others.

The announcement gave a lift to some beaten-down software companies.

While OpenAI was releasing consumer apps like Sora, Anthropic was busy improving Claude’s ability to make spreadsheets and PowerPoint presentations — the boring but essential tools of the workplace.

The two competing solutions will be battling it out in the enterprise marketplace as both Anthropic and OpenAI seek to grow revenue streams to power their ambitious AI infrastructure projects.

Cowork and plugins for teams across the enterprise | Claude

The announcement gave a lift to some beaten-down software companies.

The two competing solutions will be battling it out in the enterprise marketplace as both Anthropic and OpenAI seek to grow revenue streams to power their ambitious AI infrastructure projects.

Rani Molla5h

Alphabet’s Waymo is now available in 10 cities

Today, Alphabet subsidiary Waymo announced it’s now welcoming public riders to its driverless car service in four additional US cities: Houston, Dallas, San Antonio, and Orlando.

The company said the service will be available first to “select riders” who’ve downloaded the app in those cities, and it will invite new riders on a rolling basis before opening the service to everyone “later this year.”

The latest announcement brings Waymo’s total service area to 10 cities, mostly located in California and across the Sun Belt, and doubles its footprint from a few months ago.

Ready to Ride: Dallas, Houston, San Antonio, and Orlando

The latest announcement brings Waymo’s total service area to 10 cities, mostly located in California and across the Sun Belt, and doubles its footprint from a few months ago.

Rani Molla6h

TSMC trades near record high as Apple plans to purchase “well over 100 million” chips from its Arizona facility this year

Last year Apple said it would invest $600 billion to expand in the US over four years, in an effort to reduce its reliance on overseas suppliers and avoid tariffs.

We’re now getting more detail on what that involves. According to a new announcement from Apple, it includes expanding AI server production and moving future production of suddenly trendy Mac Minis to Houston.

It also involves the purchase of “well over 100 million” chips from TSMC’s Arizona facility this year, “a significant increase from 2025.”

“We’re buying as much of the output of this fab as we can,” Apple’s global head of procurement, David Tom, told The Wall Street Journal.

Apple has long been one of TSMC’s largest customers, even as the iPhone maker shifted to designing its own processors in-house — chips that TSMC overwhelmingly manufactures. Apple’s demand is helping fund TSMC’s massive multibillion-dollar chip plant expansion in Arizona.

Shares of TSMC were up 3% and near record highs in early trading Tuesday, as the Apple announcement underlines huge demand for TSMC’s AI chips

Apple accelerates U.S. manufacturing with Mac mini production

It also involves the purchase of “well over 100 million” chips from TSMC’s Arizona facility this year, “a significant increase from 2025.”

“We’re buying as much of the output of this fab as we can,” Apple’s global head of procurement, David Tom, told The Wall Street Journal.

Shares of TSMC were up 3% and near record highs in early trading Tuesday, as the Apple announcement underlines huge demand for TSMC’s AI chips

Rani Molla

AI AI AI

2/23/26

What Amazon’s latest data center announcement says about AI right now

The first Amazon data centers in Louisiana will cost $12 billion and require a lot of preemptive defense.