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Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft (Emily Graffeo/Bloomberg)

Sources: AI cloud computing provider Lambda raised...

2 months ago 27 Add to circle

Exponential growth across 2 dimensions, users and tokens per user, makes this AI era different from earlier buildouts, and allows AI labs' compute math to work (Fin/@fi56622380)

Exponential growth across 2 dimensions, users and ...

2 months ago 16 Add to circle

FIling: Lone Palm Labs, the startup behind friend-focused photo sharing app Retro, raised a $21M Series A from Thrive Capital and others (Sydney Bradley/Business Insider)

FIling: Lone Palm Labs, the startup behind friend-...

2 months ago 25 Add to circle

Sources: the US is drafting a rule to close an export controls loophole that lets Chinese companies access AI chips via data centers in countries like Thailand (The Information)

Sources: the US is drafting a rule to close an exp...

2 months ago 29 Add to circle

a16z creates a $1.1B Machine Age fund focusing on hardware to "open the throttle and accelerate the physical buildout of AI" (Sean O'Kane/TechCrunch)

a16z creates a $1.1B Machine Age fund focusing on ...

2 months ago 27 Add to circle

Stock trading app Ajaib raised a $270M Series C from SBI Holdings, the largest round since 2022 in Indonesia, where startups raised just ~$340M last year (Olivia Poh/Bloomberg)

Stock trading app Ajaib raised a $270M Series C fr...

2 months ago 27 Add to circle

How Meta founded FAIR in 2013, fell behind as it was distracted by the metaverse, and is spending an unprecedented amount of money trying to catch up (Harry McCracken/Fast Company)

How Meta founded FAIR in 2013, fell behind as it w...

2 months ago 28 Add to circle

Apple TV raises prices in the US, with the monthly price up by $2 to $14.99, its fourth increase in four years; the individual Apple One tier rises $2 to $21.95 (Todd Spangler/Variety)

Apple TV raises prices in the US, with the monthly...

2 months ago 26 Add to circle

Sources: Meta is testing robots from ABB and others to handle data center tasks such as swapping cables and resetting servers as it seeks to lower labor costs (Paresh Dave/Wired)

Sources: Meta is testing robots from ABB and other...

2 months ago 27 Add to circle

Meta's India and Southeast Asia VP Sandhya Devanathan is joining OpenAI to oversee consumer growth and enterprise adoption across SE Asia and Australia (Jagmeet Singh/TechCrunch)

Meta's India and Southeast Asia VP Sandhya Devanat...

2 months ago 29 Add to circle

A look at Beijing's AGI Bar, the unofficial clubhouse for China's AI industry where entrepreneurs trade gossip, recruit talent, and court investors over beers (Bloomberg)

A look at Beijing's AGI Bar, the unofficial clubho...

2 months ago 27 Add to circle

Chinese memory chipmaker CXMT reports H1 revenue of ~$22.4B, more than double its 2025 sales, and ~$11.5B in profit, compared to a loss a year earlier (Bloomberg)

Chinese memory chipmaker CXMT reports H1 revenue o...

2 months ago 27 Add to circle

South Korea unveils a project with KT, SK Telecom, and Kakao to provide premium AI tools to the public for free, a move that treats AI like a public utility (Jiyoung Sohn/Wall Street Journal)

South Korea unveils a project with KT, SK Telecom,...

2 months ago 27 Add to circle

Bluesky launches a feature to let users hide their posts from non-followers in its Discover feed; other AT Proto apps can choose whether to respect the opt-out (Sarah Perez/TechCrunch)

Bluesky launches a feature to let users hide their...

2 months ago 26 Add to circle

Sources: Shein pivoted to a Hong Kong IPO and sought to build Chinese government ties, after its New York and London bids failed to secure Beijing's approval (Reuters)

Sources: Shein pivoted to a Hong Kong IPO and soug...

2 months ago 27 Add to circle

Tencent releases Hy4 Preview, a 770B-parameter foundational model with a 1M context window that it says outperforms Z.AI and Moonshot models in internal tests (Bloomberg)

Tencent releases Hy4 Preview, a 770B-parameter fou...

2 months ago 28 Add to circle

The UK Treasury gives the Bank of England a new legal objective to support payment systems and digital money innovation, seeking to keep London competitive (Financial Times)

The UK Treasury gives the Bank of England a new le...

2 months ago 29 Add to circle

Sources: some tech companies are courting Democrats and hiring advisers to prepare for potential investigations if Republicans lose control of the House (Wall Street Journal)

Sources: some tech companies are courting Democrat...

2 months ago 28 Add to circle