TMtechmemePositron, which is designing an AI processor called Asimov with a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation (Robbie Whelan/Wall Street Journal)industry6 days ago▲ 24Read story→
TMtechmemeAmazon partners with OpenAI to let users of Amazon's DSP run ads in ChatGPT in a pilot program limited to the US; ChatGPT Ads hit $1B in ARR last month (Peter Adams/Marketing Dive)industry6 days ago▲ 24Read story→
TMtechmemeMach Industries, which makes unmanned military vehicles and weapons, raised $600M in an extension to its $300M Series C, doubling its valuation to $3.7B (Julie Bort/TechCrunch)industry6 days ago▲ 24Read story→
TMtechmemeBending Spoons agrees to acquire Miro in an all-cash transaction valuing the workplace-collaboration platform at $1.36B (Sonia Sirletti/Bloomberg)industry6 days ago▲ 24Read story→
TMtechmemeAnt International, Visa, and Mastercard plan a new standard for payments made via AI agents, citing McKinsey's projection of $3T to $5T in commerce by 2030 (Evelyn Cheng/CNBC)industry6 days ago▲ 24Read story→
TMtechmemeSources: Nasdaq is investing $100M in Kraken parent Payward, valuing the cryptocurrency exchange at $21B; Kraken will distribute Nasdaq's tokenized stocks (Katherine Doherty/Bloomberg)industry6 days ago▲ 24Read story→
TMtechmemeParis-based Arlequin AI, which is developing proprietary models based on topological neural networks, raised a €28M Series A co-led by redalpine and OTB (Tamara Djurickovic/Tech.eu)industry6 days ago▲ 24Read story→
TMtechmemeAnthropic gives EU cybersecurity agency ENISA testing access to Mythos 5 after months of talks that began in late May; ENISA still lacks access to Mythos 5.1 (Gian Volpicelli/Bloomberg)industry6 days ago▲ 24Read story→
TMtechmemeSources: Moonshot AI is exploring dual Hong Kong and Shanghai listings for greater capital and exposure, amid the weaker performance of AI stocks in Hong Kong (Coco Feng/South China Morning Post)industry6 days ago▲ 24Read story→
TMtechmemeDeepSeek debuts DeepSeek-V4.1-Flash, its smallest model built on a new Causal Encoder-Decoder architecture, with 552B backbone parameters and 1M-token context (Reuters)industry6 days ago▲ 24Read story→
TMtechmemeLetter: the Senate disaster management subcommittee, led by Sen. Josh Hawley, is probing OpenAI's handling of the Hugging Face breach, calling it "reckless" (Axios)industry6 days ago▲ 24Read story→
TMtechmemeA look at why the oft-discussed predictions that AI will deliver double-digit GDP growth in advanced economies are extremely unlikely over the next 10-15 years (Ghosts of Electricity)industry6 days ago▲ 24Read story→
TMtechmemeThe AI boom is fueling a resurgence in VC bets in "moonshot" sectors such as BCI; Dealroom says non-AI deeptech funding has topped $150B since the start of 2024 (Tim Bradshaw/Financial Times)industry6 days ago▲ 24Read story→
TMtechmemeSources: Grab is in talks to buy a majority stake in Advance Intelligence Group's Singapore-based BNPL platform Atome Financial at a $2B+ valuation (Bloomberg)industry6 days ago▲ 24Read story→
TMtechmemeHow Amazon's Zoox, which has ~100 AVs in its fleet, is utilizing social media influencers, community events, and ad campaigns to compete with Waymo in SF (Emmy Martin/New York Times)industry6 days ago▲ 24Read story→
TMtechmemeChinese tech giants are hiring skilled professionals as specialized AI trainers to build high-quality datasets, mirroring efforts by US platforms like Mercor (Viola Zhou/Rest of World)industry6 days ago▲ 24Read story→
TMtechmemeQ&A with AI researcher Jacob Coxon, who quit Anthropic, on the need for industry-wide, international coordination to limit recursive self-improvement, and more (Maxwell Zeff/Wired)industry6 days ago▲ 24Read story→
TMtechmemeSources: Chinese AI chipmakers Huawei, Cambricon, MetaX, and Iluvatar CoreX have raised prices for current and next-gen chips by 20%-50% due to rising HBM costs (Reuters)industry6 days ago▲ 24Read story→
TMtechmemeSources including French public officials detail how Mistral's rise over the past three years owes much to the privileged relationship it built with Macron (Océane Herrero/Politico)industry6 days ago▲ 24Read story→
TMtechmemeOpenAI Foundation board member Paul Christiano says the AI industry is currently not on track to reduce the acute loss-of-control risk to an "acceptable" level (Paul Christiano/@paulfchristiano)industry6 days ago▲ 24Read story→