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Kioxia reports record Q4 earnings of ~$3.8B, forecasts Q1 operating profit of ~$8.2B, and says it is planning a US listing; Kioxia shares are up 300% YTD (Bloomberg)

Kioxia reports record Q4 earnings of ~$3.8B, forec...

2 months ago 9 Add to circle

A profile of Amazon CEO Andy Jassy, who is killing...

2 months ago 14 Add to circle

London-based edtech startup Multiverse raised $70M at a $2.1B valuation from Index and others as it pushes into AI training; it acquired StackFuel in January (Kieran Smith/Financial Times)

London-based edtech startup Multiverse raised $70M...

2 months ago 14 Add to circle

UK-based Iceotope, which develops data center liquid cooling tech, raised a $26M Series B co-led by Two Seas Capital and Barclays Climate Ventures (Mike Wheatley/SiliconANGLE)

UK-based Iceotope, which develops data center liqu...

2 months ago 10 Add to circle

Alphabet sold $3.6B of bonds in its debut yen-denominated bond sale, the largest by a non-Japanese company, as AI-driven capital spending accelerates (Atsuko Fukase/Bloomberg)

Alphabet sold $3.6B of bonds in its debut yen-deno...

2 months ago 11 Add to circle

In a policy paper, Anthropic urges the US and allies to enforce export controls, curb distillation attacks, and export US AI to hold the lead over China by 2028 (Anthropic)

In a policy paper, Anthropic urges the US and alli...

2 months ago 13 Add to circle

Security research firm Calif says it used Mythos to help build a macOS kernel memory corruption exploit circumventing Apple's Memory Integrity Enforcement tech (Robert McMillan/Wall Street Journal)

Security research firm Calif says it used Mythos t...

2 months ago 10 Add to circle

Sources: Anthropic has agreed to the terms of a $30B fundraising at a $900B valuation, with Sequoia, Dragoneer, Greenoaks, and Altimeter co-leading the round (George Hammond/Financial Times)

Sources: Anthropic has agreed to the terms of a $3...

2 months ago 11 Add to circle

Sources: xAI co-founder Igor Babuschkin plans to raise up to $1B at an up to $5B valuation for a new AI research startup, with General Catalyst possibly leading (Forbes)

Sources: xAI co-founder Igor Babuschkin plans to r...

2 months ago 13 Add to circle

Musk v. Altman: in closing arguments, Musk's attorney doubled down on claims of Altman's untrustworthiness, while OpenAI's lawyer said Musk has no evidence (Associated Press)

Musk v. Altman: in closing arguments, Musk's attor...

2 months ago 19 Add to circle

California Gov. Gavin Newsom proposes a new 7.25% tax on web-based software sales, targeting $1.1B in state and local tax revenue in the upcoming budget year (Bloomberg)

California Gov. Gavin Newsom proposes a new 7.25% ...

2 months ago 12 Add to circle

Gemini reports Q1 revenue up 42% YoY to $50.3M, vs. $47.9M est., announces a $100M capital injection from Winklevoss Capital Fund; GEMI jumps 22%+ after hours (Tanaya Macheel/CNBC)

Gemini reports Q1 revenue up 42% YoY to $50.3M, vs...

2 months ago 19 Add to circle

Cerebras co-founders CEO Andrew Feldman and CTO Sean Lie own stakes worth $3.2B and $1.7B, respectively, representing about 5.5% and 3% of the company (CJ Haddad/CNBC)

Cerebras co-founders CEO Andrew Feldman and CTO Se...

2 months ago 9 Add to circle

Cerebras shares closed up 68% at $311.07 in the company's Nasdaq debut after it raised $5.5B in the year's largest IPO, giving it a market value of $67B (Bloomberg)

Cerebras shares closed up 68% at $311.07 in the co...

2 months ago 17 Add to circle

OpenAI adds remote access to Codex in the ChatGPT mobile app, letting users control Codex sessions running on a connected computer directly from a phone (Zac Hall/9to5Mac)

OpenAI adds remote access to Codex in the ChatGPT ...

2 months ago 16 Add to circle

Figma reports Q1 revenue up 46% YoY to $333.4M, vs. $313.2M est., and forecasts Q2 revenue above estimates, citing AI monetization; FIG jumps 8%+ after hours (Zaheer Kachwala/Reuters)

Figma reports Q1 revenue up 46% YoY to $333.4M, vs...

2 months ago 14 Add to circle

Sources: Joshua Kushner's Thrive Capital told its stakeholders that it has invested ~$100M in Shopify, framed as a bet on how AI could lead to gains in commerce (Natasha Mascarenhas/Bloomberg)

Sources: Joshua Kushner's Thrive Capital told its ...

2 months ago 25 Add to circle

Sources: Microsoft plans to remove most of its Claude Code licenses and push its developers toward GitHub Copilot CLI, after previously pushing Claude Code (Tom Warren/The Verge)

Sources: Microsoft plans to remove most of its Cla...

2 months ago 18 Add to circle