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t.co
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
(
t.co
)
2025-8-16
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
(
t.co
)
2025-8-15
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
(
t.co
)
2025-8-14
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
(
t.co
)
2025-8-14
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
(
t.co
)
2025-8-14
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
(
t.co
)
2025-8-13
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
(
t.co
)
2025-8-13
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
(
t.co
)
2025-8-12
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
(
t.co
)
2025-8-12
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
(
t.co
)
2025-8-12
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
(
t.co
)
2025-8-12
Europe
A long-running cyberattack campaign between Israel and Iran has continued since the June ceasefire, with Israel landing the most telling blows
(
t.co
)
2025-8-11
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
(
t.co
)
2025-8-11
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
(
t.co
)
2025-8-10
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
(
t.co
)
2025-8-9
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
(
t.co
)
2025-8-9
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
(
t.co
)
2025-8-8
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”
(
t.co
)
2025-8-7
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
(
t.co
)
2025-8-7
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
(
t.co
)
2025-8-7
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
)
2025-8-7
Taiwanese prosecutors say two ex-TSMC employees and a third suspect were arrested for allegedly stealing proprietary tech; investigators searched Tokyo Electron
(
t.co
)
2025-8-7
Taiwan
Tokyo
Sources: China held talks about merging a group of chip equipment makers into a national champion but faced pushback over ownership structure and valuation
(
t.co
)
2025-8-7
China
China plans to allow its first stablecoins in a bid to internationalize the CNY, as policymakers warn that dollar-backed tokens cement USD's global dominance
(
t.co
)
2025-8-7
China
Chinese Yuan
Uber reports Q2 revenue up 18% YoY to $12.7B, Gross Bookings up 17% to $46.8B, trips up 18% to 3.3B, income up 82% to $1.5B, and authorizes a $20B share buyback
(
t.co
)
2025-8-7
Uber
AI drug discovery startup Chai Discovery raised a $70M Series A led by Menlo Ventures via its co-investment vehicle with Anthropic, valuing it at ~$550M
(
t.co
)
2025-8-7
Startup
AI
Sources: Apple lost around a dozen of its AI staff, including top researchers, to rivals in recent months; its core foundation models team has ~50 to 60 people
(
t.co
)
2025-8-7
AI
Apple
The UK's CMA finds that Microsoft's software licensing terms harm competition in the cloud market, may open a probe into Microsoft and Amazon in 2026
(
t.co
)
2025-7-31
Amazon
Microsoft
How AI has transformed data center design, with concerns about overspending on AI infrastructure, sparked by DeepSeek, fading amid the ongoing building frenzy
(
t.co
)
2025-7-31
AI
Sources: Revolut considers buying a US bank to get an American banking license to expand lending capabilities, a faster route than applying for its own permit
(
t.co
)
2025-7-30
U.S.
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