TechMeme - Inxa.inSearch.cc

TechMeme

Sources: ByteDance is developing its own CPUs to support growing AI infrastructure needs, as chip price hikes and supply shortages constrain expansion plans (Reuters)

Sources: ByteDance is developing its own CPUs to s...

2 months ago 13 Add to circle

Record Q1 data center spending of $6.2B, up ~100% QoQ, boosted Australia's investment growth, supporting an economy strained by energy costs and high rates (James Mayger/Bloomberg)

Record Q1 data center spending of $6.2B, up ~100% ...

2 months ago 13 Add to circle

Analysis: the Philadelphia Semiconductor Index, which tracks 30 largest US-listed chipmakers, is up ~75% YTD and on track for its biggest annual gain since 1999 (Financial Times)

Analysis: the Philadelphia Semiconductor Index, wh...

2 months ago 16 Add to circle

Global AI hardware demand is easing China's concerns over a stronger yuan hurting exports, as AI hardware exports surge and chip equipment imports rise (Bloomberg)

Global AI hardware demand is easing China's concer...

2 months ago 16 Add to circle

Taiwanese tech companies have completed a record $14.5B of debt deals so far this year, as they race to secure financing to meet soaring demand for AI capacity (Aileen Chuang/Bloomberg)

Taiwanese tech companies have completed a record $...

2 months ago 19 Add to circle

Companies are using AI at their global capability centers in India to bring more creative work in-house, cutting turnaround times and reliance on ad agencies (Reuters)

Companies are using AI at their global capability ...

2 months ago 20 Add to circle

Swiggy CEO Sriharsha Majety says his company plans to stay out of the spending war as Amazon and Flipkart ramp up their quick commerce efforts across India (Bloomberg)

Swiggy CEO Sriharsha Majety says his company plans...

2 months ago 20 Add to circle

Kirkland & Ellis, the world's highest-grossing law firm, is setting aside $500M to build its own AI platform rather than rely on tools available to its rivals (Financial Times)

Kirkland & Ellis, the world's highest-grossing law...

2 months ago 18 Add to circle

Trade Desk's market cap fell ~70% from a December 2024 peak as it contends with frustrated agency partners, competition from Google, and a new entrant, Amazon (Patience Haggin/Wall Street Journal)

Trade Desk's market cap fell ~70% from a December ...

2 months ago 20 Add to circle

Memo: Meta plans to embed engineers and product managers within large corporate customers as part of a new Enterprise Solutions unit to help deploy its AI tools (Jyoti Mann/The Information)

Memo: Meta plans to embed engineers and product ma...

2 months ago 19 Add to circle

Sources: the Pentagon is pursuing funding deals with US drone companies, potentially with equity stakes, to increase domestic production and lower unit costs (Wall Street Journal)

Sources: the Pentagon is pursuing funding deals wi...

2 months ago 16 Add to circle

Last.fm announces it is an independent company again, 19 years after being acquired by CBS; it plans to keep its current team and continue the service as normal (Mariella Moon/Engadget)

Last.fm announces it is an independent company aga...

2 months ago 17 Add to circle

Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B and Kling AI revenue up 300%+ YoY to ~$96M; Kling reached a ~$500M annualized revenue run rate in March 2026 (Coco Feng/South China Morning Post)

Kuaishou reports Q1 revenue up 3.4% YoY to ~$5B an...

2 months ago 24 Add to circle

The CFTC files alongside Gemini to nullify Gemini's $5M settlement in January 2025, arguing that the agency's current management wouldn't have pursued the case (Jesse Hamilton/CoinDesk)

The CFTC files alongside Gemini to nullify Gemini'...

2 months ago 21 Add to circle

Filing: Amazon will acquire Apple's 20% stake in Globalstar as part of its acquisition of the satellite provider and create a subsidiary to conduct the merger (Michael Kan/PCMag)

Filing: Amazon will acquire Apple's 20% stake in G...

2 months ago 24 Add to circle

SoFi says SoFiUSD, its US dollar-pegged stablecoin on Ethereum and Solana, is now available for members to buy, sell, hold, and convert within the SoFi app (Brian Danga/The Block)

SoFi says SoFiUSD, its US dollar-pegged stablecoin...

2 months ago 21 Add to circle

Mark Zuckerberg tells shareholders that a Meta cloud computing business is "definitely on the table" if it overspends on data centers and has excess capacity (Jonathan Vanian/CNBC)

Mark Zuckerberg tells shareholders that a Meta clo...

2 months ago 26 Add to circle

Illinois Legislature passes SB 315, a bill requiring annual independent third-party safety audits of leading AI companies; the bill heads to the governor's desk (Jared Perlo/NBC News)

Illinois Legislature passes SB 315, a bill requiri...

2 months ago 20 Add to circle