TMtechmemeSources: Binance is still operating in the EU months after it failed to get a MiCA license, using workarounds to onboard new customers and reroute its trading (Bloomberg)industry9 days ago▲ 24Read story→
TMtechmemeNvidia becomes a leading global strategic tech backer, with the value of its equity investments up 10x in the past year to $99B, as it bolsters the AI sector (Kai Nicol-Schwarz/CNBC)industry9 days ago▲ 24Read story→
TMtechmemeSources: initial foldable iPhone production is limited to only a "few hundred" units a day due to Apple's strict quality standards as it ramps up output (Nikkei Asia)industry9 days ago▲ 24Read story→
TMtechmemeQ&A with Jensen Huang and Clément Delangue on the Nvidia-Hugging Face deal, scaling open-source models, the rumored $1B talent retention plan, and more (CNBC)industry10 days ago▲ 24Read story→
TMtechmemeA profile of Hugging Face, which started in 2016 to build a sassy chatbot for teens; CEO Clément Delangue says he approached Nvidia this summer to pursue a deal (Wall Street Journal)industry10 days ago▲ 24Read story→
TMtechmemeGimlet Labs, which helps customers divide AI tasks across multiple chip types, raised $300M led by a16z at a $3B valuation, six months after an $80M Series A (Dina Bass/Bloomberg)industry10 days ago▲ 24Read story→
TMtechmemeResect AI, which is developing open-source tech to catch AI hallucinations before they happen, emerges from stealth with $25M from private equity investors (Kurt Schlosser/GeekWire)industry10 days ago▲ 24Read story→
TMtechmemeWikimedia Foundation staffers vote 158-14 to join the CWA, which will represent 200+ US employees across engineering, finance, and communications (Paresh Dave/Wired)industry10 days ago▲ 24Read story→
TMtechmemeVals analysis: open-weight models performing multi-stage tasks, like building a web app, can have an environmental impact 10K times greater than simple queries (Bloomberg)industry10 days ago▲ 24Read story→
TMtechmemeTesla says Cybercab rides are available in limited areas of Austin; the two-seater has no steering wheel or pedals, and 45 Cybercabs are registered in Texas (Reuters)industry10 days ago▲ 24Read story→
TMtechmemeAI scientist and Google researcher Ray Kurzweil joins BCI startup Subsense, which develops non-surgical BCI tech involving inhaled nanoparticles, as an advisor (Alexei Oreskovic/Fortune)industry10 days ago▲ 24Read story→
TMtechmemeSources: Index Ventures dropped plans to invest in AI assistant Town after Instinct, which Index is backing, complained about a potential conflict of interest (Alex Konrad/Upstarts Media)industry10 days ago▲ 24Read story→
TMtechmemeSources: Crusoe raised $3B+ at a ~$30B post-money valuation; Atreides Management and Valor Equity Partners co-led the round, with Mubadala Capital participating (Bloomberg)industry10 days ago▲ 24Read story→
TMtechmemeSources: PayPal has paused plans to sell its VC portfolio for $900M-$1B after bids came in lower than hoped, months after deciding to wind down PayPal Ventures (Axios)industry10 days ago▲ 24Read story→
TMtechmemeOura files for a US IPO, reporting a $924.3M net loss on $1.21B in revenue for the nine months ended June 30, vs. a $182.8M net loss on $697.6M a year earlier (Subrat Patnaik/Bloomberg)industry10 days ago▲ 24Read story→
TMtechmemeAdobe names Customer Experience Orchestration president Anil Chakravarthy as CEO, effective December 1, replacing Shantanu Narayen, who becomes executive chair (Annie Palmer/CNBC)industry10 days ago▲ 24Read story→
TMtechmemeOpenAI commits $1B in subsidized model access, training, support, and partnerships to a new initiative aimed at protecting essential services around the world (Sam Sabin/Axios)industry10 days ago▲ 24Read story→
TMtechmemeSources: Crusoe signed a ~$13B, five-year deal with Jane Street to provide GPUs and other infrastructure for AI training and inference via its cloud platform (Bloomberg)industry10 days ago▲ 24Read story→
TMtechmemeGPT-6 Astra scores 62.7% on ARC-AGI-3 with the standard harness and 99.9% with a new provider adapter harness; Claude Opus 5 scored 30.2%, and GPT-5.6 Sol 7.8% (Greg Kamradt/ARC Prize)industry10 days ago▲ 24Read story→
TMtechmemeDOD's Emil Michael says Anthropic is still a designated supply chain risk, a day after Howard Lutnick said it resolved its issues with the Trump administration (Maggie Eastland/Bloomberg)industry10 days ago▲ 24Read story→