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Shortly after Amazon CEO Andy Jassy announced AWS’s groundbreaking $50 billion investment deal with OpenAI, Amazon invited me on a private tour of the chip development lab at the heart of the deal, at (mostly*) its own expense. Industry experts are watching Amazon’s Trainium chip, created at that facility, for its implications for lower-cost AI…
Carl Pei, co-founder and CEO of Nothing, is imagining a future beyond the iPhone — and it’s a device powered by AI agents, not running apps. “In terms of AI in software, I think people should understand that apps are going to disappear,” said Pei, whose consumer electronics brand makes unique smartphones and other accessories….
Nvidia CEO Jensen Huang threw out a lot of numbers — mostly of the technical variety — during his keynote Monday to kick off the company’s annual GTC Conference in San Jose, California. But there was one financial figure that investors surely took notice of: his projection that there will be $1 trillion worth of…
The U.S. Army said late Friday that it has signed a 10-year contract with defense tech startup Anduril. The deal could be worth up to $20 billion. According to the announcement, the contract starts with a five-year “base period,” with the option to extend the deal for an additional five years, and it includes Anduril…
Apple’s new MacBook Neo isn’t just the most affordable MacBook by far — it’s also the most repairable MacBook in “about fourteen years,” according to an in-depth teardown by how-to website iFixit. The “big story,” in iFixit’s view, is the battery. While older MacBook batteries are supposedly glued into place, the Neo’s battery is held…
Drew Perkins has been inventing computer network tech and building startups since the dawn of the internet age. Now he’s back as a co-founder and CEO of AI networking startup Eridu that’s officially coming out of stealth on Tuesday with an oversubscribed $200 million Series A round. The round was led by Socratic Partners, renowned…
Apple is now manufacturing 25% of its iPhones in India — hitting a milestone JPMorgan predicted back in 2022 — as part of its long-term plan to reduce its reliance on China, Bloomberg reported. Last year, India accounted for 55 million iPhones of the roughly 220 million to 230 million produced worldwide, Bloomberg’s report said….
ModRetro, the vintage gaming startup by Palmer Luckey, is in talks to raise funding at a $1 billion valuation, according to the Financial Times. The company launched its first product, a Game Boy-style handheld device called the Chromatic, in 2024. The Verge’s Sean Hollister said it “might be the best version of the Game Boy…
Amid enduring investor appetite for all things quantum, another European company in the space is graduating from the private markets. Just two weeks after Finnish quantum unicorn IQM said it was going public via a merger with a special purpose acquisition company (SPAC), its French rival Pasqal is doing the same. Accompanied by a separate…
Sleep tech company Eight Sleep today said that it has raised $50 million in a strategic round led by Tether Investments at a valuation of $1.5 billion. This new round comes after the startup closed a $100 million round last August from investors such as HSG, Valor Equity Partners, Founders Fund, and Y Combinator. The startup,…