TMtechmemePitchBook: 95+ investors put money into both Anthropic and OpenAI amid shifting norms; sources: Menlo, Lightspeed, and Iconiq each hold 1%-2% Anthropic stakes (Erin Griffith/New York Times)industry13 days ago▲ 24Read story→
TMtechmemeSources: Saudi AI company Humain is planning to raise an initial $2.5B fund to help finance data center capacity of 250 MW in Saudi Arabia (Omar El Chmouri/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeMunich-based Atira, which aims to use AI to automate the parsing and generation of complex bid proposals, raised a $15M seed led by Accel and a $2.5M pre-seed (Jeremy Kahn/Fortune)industry13 days ago▲ 24Read story→
TMtechmemeHTC rolls out its $499 Vive Eagle, which let users choose between Gemini or ChatGPT as their assistant, in North America, Europe, the UK, and Australia (Chris Welch/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeTrendForce: for a 256GB iPhone Pro model, Q3 memory costs are forecast to be ~400% higher than a year prior but Apple won't pass on the full cost to customers (Ben Lovejoy/9to5Mac)industry13 days ago▲ 24Read story→
TMtechmemeNvidia agrees to buy Hugging Face for $12.9B, its second-biggest purchase after it paid $20B for Groq assets at the end of last year (Ari Levy/CNBC)industry13 days ago▲ 24Read story→
TMtechmemePlusAI, which is operating autonomous freight routes in Texas with trucking company Ryder, plans to go public in a SPAC deal at an $800M pre-money valuation (Pragyan Kalita/Reuters)industry13 days ago▲ 24Read story→
TMtechmemeSources: neocloud Fluidstack closed a $1.5B round led by Jane Street at an $18B+ valuation; in July, the company announced a $750M round at a $7.5B valuation (Iain Martin/Forbes)industry13 days ago▲ 24Read story→
TMtechmemeIsraeli startup Guardio, which offers a subscription consumer security service to protect digital accounts like emails, raised $40M at a $1.1B valuation (Marissa Newman/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeThe Trump administration imposes tariffs of up to 100% on foreign drones, including 100% on models over 55lbs or with thermal imaging, in a bid to thwart China (Farah Stockman/New York Times)industry13 days ago▲ 24Read story→
TMtechmemeModern venture capital has transformed into an unchecked oligarchy, or "Cancer Capital", where mega-firms managing $50B+ live off fees and shift risk elsewhere (Anil Dash)industry13 days ago▲ 24Read story→
TMtechmemeUS federal courts have consistently shown a wariness in demanding structural remedies against Big Tech despite finding antitrust liability, as tech races ahead (Steve Lohr/New York Times)industry13 days ago▲ 24Read story→
TMtechmemeHow some parents, mostly mothers, use AI to help them organize their families' schedules and automate mundane household tasks via apps like Ollie and Cozi Max (Valeriya Safronova/Financial Times)industry13 days ago▲ 24Read story→
TMtechmemeAnker unveils the Eufy MindBase, a local AI hub for its cameras that runs an on-device, Anker-developed LLM, with a dedicated AI chip and up to 48TB of storage (Jennifer Pattison Tuohy/The Verge)industry13 days ago▲ 24Read story→
TMtechmemeAll G20 nations unanimously endorse the non-binding Carolina Principles, a US-proposed framework advocating for a lighter-touch, sector-specific AI regulation (Maggie Eastland/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeAt the G20 summit, Jensen Huang, Mark Zuckerberg, Sam Altman, and Elon Musk joined Trump officials in lobbying policymakers against heavy AI regulations (Amrith Ramkumar/Wall Street Journal)industry13 days ago▲ 24Read story→
TMtechmemeHow organized opposition that toppled a $100B data center project in Virginia's Prince William County became a blueprint for data center backlash in the US (Dawn Lim/Bloomberg)industry13 days ago▲ 24Read story→
TMtechmemeSeveral international law firms are seeking to build bespoke AI tools to gain an edge and protect their IP, while using off-the-shelf AI for everyday tasks (Nick Huber/Financial Times)industry13 days ago▲ 24Read story→
TMtechmemeTaiwan investigated 166 cases in six years involving companies allegedly hiding China ties while pursuing chip talent and tech, alongside 67 trade-secret probes (Kinling Lo/Rest of World)industry13 days ago▲ 24Read story→
TMtechmemeUber is aligning with drivers' unions in a bid to slow the rollout of robotaxis across the US, as it faces a technological disruption to its core business (Rafe Rosner-Uddin/Financial Times)industry13 days ago▲ 24Read story→