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Autonomous driving tech startup Nuro closed its $203M Series E at a $6B valuation, adding $97M from Uber, Nvidia, and others to April's $106M tranche
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t.co
)
6 hours ago
Uber
Startup
Nvidia
Sources: Beijing's Nvidia H20 curbs were triggered by US Commerce Secretary Lutnick's not selling China the best stuff remark, which officials found “insulting”
(
t.co
)
16 hours ago
China
Nvidia
Sources: US Treasury Secretary Scott Bessent expects stablecoins to drive demand for Treasuries, as talks with Tether and Circle help inform issuance decisions
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t.co
)
1 day ago
Bill Gates backs the Alzheimer's Insights AI Prize, which gives $1M to a team making AI to “accelerate breakthrough discoveries from existing Alzheimer's data”
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t.co
)
2 days ago
AI
Bill Gates
Alzheimer
Sources: Masayoshi Son met Lip-Bu Tan to discuss SoftBank acquiring Intel's faltering foundry business in the weeks before announcing SoftBank's $2B investment
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t.co
)
2 days ago
Intel
Tim Sweeney says the UK's mobile app store regulation lags “well behind” other countries, and calls the CMA's iPhone sideloading decision delay a “blunder”
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t.co
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2 days ago
Mobile
iPhone
Sources: the EU and US are delaying formalizing their trade deal over “non-tariff barriers”, including relaxing the DSA, which the EU sees as a red line
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t.co
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3 days ago
China's podcast audience is projected to reach 150M in 2025, up from ~700K five years ago, driven by grassroots hosts instinctively navigating China's red lines
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t.co
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3 days ago
China
GPT-5's underwhelming performance on benchmarks suggests that the current approach of scaling LLMs is starting to reach the limits of available resources
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t.co
)
4 days ago
CoreWeave investors sold more than $1B in shares as the IPO lockup ended; the stock held steady on Friday after dropping about 35% over the previous two days
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t.co
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5 days ago
IPO
Toronto-based Cohere raised $500M led by Radical and Inovia at a $6.8B valuation, up from $5.5B in July 2024, and has doubled its ARR to $100M so far in 2025
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t.co
)
7 days ago
Toronto
Morgan Stanley: hyperscalers will fund about 50% of the $2.9T in future AI infrastructure through 2028, with debt, PE, VC, and other sources making up the rest
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t.co
)
7 days ago
Private Equity
AI
Morgan Stanley
Venture Capital
A recent UK AI Security Institute study found that LLMs from OpenAI, Meta, xAI, and Alibaba can shift users' political views in under 10 minutes of conversation
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t.co
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7 days ago
Alibaba
AI
Sources: DeepSeek R2's launch delay is due to training issues on Huawei Ascend chips, prompting a switch to Nvidia chips for training and Huawei's for inference
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t.co
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7 days ago
Nvidia
Similarweb: UK traffic fell 47% for Pornhub, 47% for XVideos, and 39% for xHamster from July 24, the day before age verification rules took effect, to August 8
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t.co
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8 days ago
Sources: OpenAI is preparing to back a Neuralink rival called Merge Labs, co-founded by Sam Altman, that aims to raise $250M at an $850M valuation
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t.co
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8 days ago
Anthropic plans to offer Claude to US lawmakers for $1 per year, following OpenAI; a source says Google is in talks to offer Gemini on similarly cheap terms
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t.co
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9 days ago
Google
Google and IBM believe the first industrial-scale quantum computer is in sight, potentially by 2030, but challenges like scaling from ~200 to 1M qubits remain
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t.co
)
9 days ago
Google
IBM
Quantum
Trump says “it's possible I'd make a deal” to let Nvidia sell Blackwell chips “enhanced in a negative way” in China and confirms a 15% fee on H20 chip sales
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t.co
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10 days ago
Trump
China
Nvidia
The EU Commission approves Prosus' €4.1B takeover of Just Eat Takeaway in a bid to create a “European tech champion” to rival DoorDash, which acquired Deliveroo
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t.co
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10 days ago
Europe
A long-running cyberattack campaign between Israel and Iran has continued since the June ceasefire, with Israel landing the most telling blows
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t.co
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10 days ago
Israel
Iran
Sources: Nvidia and AMD agreed to pay the US government 15% of revenues from H20 and MI308 chip sales in China to obtain export licenses granted last week
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t.co
)
10 days ago
China
Nvidia
AMD
Sources: Chinese officials have urged the Trump administration to relax HBM chip export controls during trade talks, after the Biden administration ban in 2024
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t.co
)
11 days ago
Trump
China
Ban
The precise scale of Apple's pledge to invest $600B+ in the US over four years is difficult to measure, as the company has not provided a breakdown of its plan
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t.co
)
12 days ago
Apple
Sources: the US has started issuing licenses to Nvidia to export H20 chips to China following weeks of inaction, after Jensen Huang met Trump on Wednesday
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t.co
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12 days ago
Trump
China
Nvidia
Analysis: 12 Chinese tech companies have applied to list in Hong Kong so far this year, the most since 2023, after rules allowed lossmaking companies to float
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t.co
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13 days ago
China
Hong Kong
SoftBank reports Q1 net profit of $2.87B, vs. ~$850M est., boosted by its Nvidia investment and says Vision Fund has a “late-stage portfolio valued at $45B”
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t.co
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14 days ago
Nvidia
Sources: Samsung to produce image sensors for iPhone 18 in Austin, Texas; an expert says Apple picked Samsung as a supplier because Sony doesn't have US plants
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t.co
)
14 days ago
iPhone
Samsung
Apple
Sony
Texas
Former UK Chancellor and Coinbase Advisory Council member George Osborne says the UK missed the first crypto wave and risks missing the stablecoin-driven second
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t.co
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14 days ago
Coinbase
Sources: Core Scientific's hedge fund shareholders may reject CoreWeave's all-stock takeover, seeking better terms, as CRWV has fallen 30%+ post-announcement
(
t.co
)
14 days ago
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