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Character Technologies Inc. is keeping its platform online while seeking court approval for a sale, but says the platform will wind down if the sale does not provide for continued operations.

Customers are committing cash and future purchases to secure memory supply. The agreements give Micron more confidence to expand, while leaving it responsible for turning investment into working factories.

AMD wants a stronger position in the next phase of AI. Fei-Fei Li’s World Labs needs room to pursue expensive research while the market for world models takes shape. Their proposed deal brings those ambitions together.