TechMeme - Inxa.inSearch.cc

TechMeme

Magnitt: startup funding in the Middle East and North Africa was flat YoY at $799M in Q1 amid the Iran war; Saudi VC firms are pressing ahead with fundraising (Yassmin Jabri/Bloomberg)

Magnitt: startup funding in the Middle East and No...

6 months ago 22 Add to circle

A profile of David Sacks, appointed as White House...

6 months ago 23 Add to circle

Sources: in a reshuffle, LinkedIn CEO Ryan Roslansky will lead Microsoft's new Work Experiences Group, including Teams, after 35-year veteran Rajesh Jha retired (Tom Warren/The Verge)

Sources: in a reshuffle, LinkedIn CEO Ryan Roslans...

6 months ago 23 Add to circle

Corning and Nvidia partner to open three advanced manufacturing plants in North Carolina and Texas dedicated to optical tech, boosting Corning's US capacity 10x (Katie Tarasov/CNBC)

Corning and Nvidia partner to open three advanced ...

6 months ago 23 Add to circle

OpenAI partners with Microsoft, AMD, Broadcom, Nvidia, and Intel researchers to detail the Multipath Reliable Connection (MRC) protocol to help scale compute (Nat Rubio-Licht/The Deep View)

OpenAI partners with Microsoft, AMD, Broadcom, Nvi...

6 months ago 19 Add to circle

Instacart reports Q1 revenue up 14% YoY to $1.02B, above $1.01B est., GTV up 13% YoY to $10.3B, and orders up 10% YoY to 91.2M, as users focus on affordability (Nicholas G. Miller/Wall Street Journal)

Instacart reports Q1 revenue up 14% YoY to $1.02B,...

6 months ago 19 Add to circle

Crypto miner Hut 8 signs a lease worth $9.8B+ over 15 years to provide computing power to a "high-investment-grade company" at its Nueces County, Texas campus (Dina Bass/Bloomberg)

Crypto miner Hut 8 signs a lease worth $9.8B+ over...

6 months ago 21 Add to circle

Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, trips up 20% YoY to 3.6B, and a $1B revenue UK tax law hit (Financial Times)

Uber reports Q1 revenue up 14% YoY to $13.2B, belo...

6 months ago 20 Add to circle

Document: SpaceX proposes a $55B investment to build a Terafab chip facility in Grimes County, Texas, with potential total capital expenditures reaching $119B (Debby Wu/Bloomberg)

Document: SpaceX proposes a $55B investment to bui...

6 months ago 41 Add to circle

Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Peter Sarlin, raised a €25M angel round at a €325M valuation, and secures $23M in committed partnership revenue (Anna Heim/TechCrunch)

Finnish AI lab QuTwo, led by ex-AMD Silo AI CEO Pe...

6 months ago 25 Add to circle

Sources: Denver-based, Blue Owl Capital-owned Stack Infrastructure is considering selling all or some of its Asia data center operations in an up to $30B deal (Bloomberg)

Sources: Denver-based, Blue Owl Capital-owned Stac...

6 months ago 26 Add to circle

DefiLlama: investors pulled ~$14B from the DeFi sector after North Korea-linked hackers stole $290M from Aave in April, weeks after stealing $280M from Drift (Financial Times)

DefiLlama: investors pulled ~$14B from the DeFi se...

6 months ago 27 Add to circle

A medical student reverse-engineered AI tools used by medical colleges on suspicion they were filtering his applications, highlighting AI-driven hiring concerns (Todd Feathers/Wired)

A medical student reverse-engineered AI tools used...

6 months ago 37 Add to circle

Sources: the Big Fund, China's biggest state-backed chip investment fund, is seeking to lead an investment in DeepSeek that could value the AI company at ~$45B (Financial Times)

Sources: the Big Fund, China's biggest state-backe...

6 months ago 31 Add to circle

Study: using weaker AI models to supervise a more capable model could prevent the stronger model from deliberately underperforming on benchmarks and evaluations (Emil Ryd/@emilaryd)

Study: using weaker AI models to supervise a more ...

6 months ago 52 Add to circle

The delayed IPO of Visma, an accounting software company valued at €19B, amid SaaSpocalypse fears, is a major setback for PE parent Hg, a software buyout giant (Financial Times)

The delayed IPO of Visma, an accounting software c...

6 months ago 28 Add to circle

Infineon expects data center revenue to grow from €1.5B in FY2026 to €2.5B in FY2027, as it and EU peers STMicro and NXP benefit from AI infrastructure demand (Christina Kyriasoglou/Bloomberg)

Infineon expects data center revenue to grow from ...

6 months ago 30 Add to circle

Security camera companies are embracing AI to give customers detailed descriptions of surveillance footage that are often spot on but can also be wildly wrong (Scott Calvert/Wall Street Journal)

Security camera companies are embracing AI to give...

6 months ago 22 Add to circle