Anthropic in Talks With Samsung to Build Custom AI Chips
The conversation is happening in Samsung’s foundry division, and it is the kind of meeting Nvidia used to win by default. Anthropic, the artificial intelligence company behind the Claude models,…
Meta Quietly Launches Pocket, an AI App That Builds Mini-Games
There was no keynote, no press release and no announcement, just an app that appeared in app stores with a name that sounds like something from a desk drawer. Meta…
AI Power Demand Strains Google and Amazon Climate Pledges
The promise was made in sunnier times for the climate math. Google committed to running its operations on net-zero carbon by 2030, and Amazon signed the Climate Pledge, promising to…
Global Startup Funding Hits Record $510 Billion in First Half
The number is so large that it needs to be said twice to register: $510 billion, in six months. Global venture investment in startups reached a record $510 billion in…
Thiel Capital Routes Arizona Money Into AI Chip Startup Etched
The money trail runs through Phoenix, and it ends at a chip company that says it can beat Nvidia at its own game. Jack Selby, a partner at Thiel Capital,…
Melinda Gates Backs Magnify Ventures’ Second Fund
The fund is small by the standards of the industry, and its investor list includes one of the most prominent names in American philanthropy. Magnify Ventures has closed its second…
Sandwich Chain’s IPO Filing Is Full of AI. Investors Should Read It Twice
The filing runs to hundreds of pages, and the word appears dozens of times: artificial intelligence, or its ubiquitous abbreviation, AI. The company making the filing sells submarine sandwiches. Jersey…
Nvidia Slips Below $200 as AI Spending Comes Under Scrutiny
The level had become a psychological marker as much as a price, and this week the market passed through it. Nvidia’s shares traded below $200 for the first time in…
OpenAI Engineers Say Running Its Models Now Costs Half as Much
The internal message went out on a Monday morning, unsigned and free of fanfare: OpenAI’s engineers had found a way to run the company’s models for half the price. By…
ASML Lifts Revenue Outlook as AI Chipmakers Race for EUV Machines
The executives gathered in Veldhoven on Thursday to deliver news that the company’s own order book had already signaled for months: demand for the world’s most advanced chip-making machines is…
