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The Philadelphia Semiconductor Index sank ~10% for the week, its largest weekly fall in over a year, and is now down ~20% from its late-June all-time high (Reuters)

The Philadelphia Semiconductor Index sank ~10% for...

3 weeks ago 11 Add to circle

Sources: Valar Atomics, which makes small nuclear reactors intended to power data centers, is in talks to raise $1B at a ~$5B pre-money valuation (The Information)

Sources: Valar Atomics, which makes small nuclear ...

3 weeks ago 11 Add to circle

Apple raises iPhone prices in Japan by up to 11%, likely due to the Japanese yen's depreciation against the US dollar over the past year (Joe Rossignol/MacRumors)

Apple raises iPhone prices in Japan by up to 11%, ...

3 weeks ago 7 Add to circle

Amazon apologizes after some AWS users received bills as high as $1.5T due to "an issue with unit pricing within the estimated billing computation subsystem" (Robert Booth/The Guardian)

Amazon apologizes after some AWS users received bi...

3 weeks ago 12 Add to circle

Sources: OpenRouter has discussed a potential sale to a bigger tech company that could value it at billions of dollars, a premium to its $1.3B valuation in May (The Information)

Sources: OpenRouter has discussed a potential sale...

3 weeks ago 9 Add to circle

Sources: SpaceX is in talks with the DOD about providing the agency with access to data-center capacity worth billions of dollars for running AI models (Wall Street Journal)

Sources: SpaceX is in talks with the DOD about pro...

3 weeks ago 9 Add to circle

Apple raises the price of Apple Music, with the individual plan up by $1 to $11.99, and some Apple One bundles, the first price hike for Apple Music since 2022 (Chance Miller/9to5Mac)

Apple raises the price of Apple Music, with the in...

3 weeks ago 8 Add to circle

Sources: Apple and the DOJ are in early discussions about settling a 2024 antitrust lawsuit alleging that Apple violated antitrust laws (Bloomberg)

Sources: Apple and the DOJ are in early discussion...

3 weeks ago 18 Add to circle

Sources: Meta is in talks to rent computing power from its data centers to Anthropic in a deal that could be worth ~$10B over two years (New York Times)

Sources: Meta is in talks to rent computing power ...

3 weeks ago 8 Add to circle

Models like Kimi K3, Grok 4.5, and Muse 1.1 may prevent the dominance of 2-3 frontier labs with 90% inference margins from hurting other AI ecosystem layers (Gavin Baker/@gavinsbaker)

Models like Kimi K3, Grok 4.5, and Muse 1.1 may pr...

3 weeks ago 7 Add to circle

Kimi K3 hype shouldn't alarm the US about "losing the AI race" to China as K3 is strong but not frontier-level and likely lacks dangerous cyber capabilities (Transformer)

Kimi K3 hype shouldn't alarm the US about "losing ...

3 weeks ago 9 Add to circle

ASML plans to give its ~45K employees globally a €20,000 bonus, issued as a share award vesting in 2030, joining other chip industry companies offering payouts (Sarah Jacob/Bloomberg)

ASML plans to give its ~45K employees globally a €...

3 weeks ago 9 Add to circle

AI inference startup General Compute gets a $400M loan from tech investment firm Upper90, seemingly the first deal using inference-specific chips as collateral (Tim Fernholz/TechCrunch)

AI inference startup General Compute gets a $400M ...

3 weeks ago 7 Add to circle

Sources: the EU is set to approve the $55B acquisition of EA under its subsidy rules on July 30; the deal includes Saudi Arabia's PIF, Silver Lake, and more (Foo Yun Chee/Reuters)

Sources: the EU is set to approve the $55B acquisi...

3 weeks ago 11 Add to circle

San Francisco sends legal notices to Apple and Google demanding they take down 13 AI apps used to make deepfake nude images; Google says it has deleted the apps (Matt Burgess/Wired)

San Francisco sends legal notices to Apple and Goo...

3 weeks ago 7 Add to circle

Sources: Apple has sent personal legal warnings to ~40 former employees who now work at OpenAI, asking them to preserve documents and meet with its lawyers (Michael Acton/Financial Times)

Sources: Apple has sent personal legal warnings to...

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At the World AI Conference, Xi Jinping touts open-source AI, pledges to help the Global South build AI capabilities, and calls unequal AI access an "injustice" (Reuters)

At the World AI Conference, Xi Jinping touts open-...

3 weeks ago 6 Add to circle

The Alphabet Workers Union sends a layoff protection petition with 4,500+ signatures to Sundar Pichai, calling for guaranteed severance and buyout options (Sanya Mansoor/The Guardian)

The Alphabet Workers Union sends a layoff protecti...

3 weeks ago 12 Add to circle