SambaNova Raises $1 Billion at $11 Billion Valuation to Scale AI Inference Chips
SambaNova Systems, the AI chip startup that bet early on an alternative to NVIDIA’s architecture, has raised $1 billion in a funding round that values the company at $11 billion,…
ETFs That Skip Elon Musk’s Companies Set for September Launch
A new pair of exchange-traded funds will track the S&P 500 and the Nasdaq 100, minus Elon Musk. Subversive Capital has filed to launch two ETFs that exclude Tesla, SpaceX,…
Netflix Plans Around-the-Clock Live Channels as Viewing Slips
Netflix Inc. is preparing “always-on” live television channels and new streaming bundles, a shift in strategy for a company that built its business on on-demand viewing, according to people familiar…
U.S. Stake in Intel Nears $30 Billion Gain, WSJ Analysis Finds
The U.S. government’s bet on Intel is paying off, at least on paper. Washington now holds roughly a 10% stake in the chip maker through its CHIPS Act investment, and…
Meta Pauses Instagram AI Feature After Backlash Over Photo Training
Meta Platforms Inc. has pulled an Instagram feature that used users’ public photos to train its artificial intelligence, bowing to days of criticism from users who said their pictures were…
16_kyec_us_fab.md
The construction site outside the city limits will soon hold a new kind of American factory, one built for the last steps of the chipmaking process. King Yuan Electronics, the…
15_premarket_meta_chips.md
The pre-market tape told a divided story on July 10. Meta was up more than 4 percent, leading the technology sector, while the chip stocks that have powered the AI…
14_meta_canada_datacenter.md
The excavators moved onto the site in July, and Meta broke ground on its first data center in Canada, adding a new country to a North American infrastructure map that…
11_anthropic_arr_musk.md
Elon Musk said the words in public, without prompting and without qualification: he misjudged Anthropic. The remark, made on July 9, was a rare admission from an executive who rarely…
10_google_search_ai_1b.md
Inside Google, the number became a talking point this week: one billion users. The company said its AI agent feature in Google Search has passed the billion-user mark, a figure…
