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Memory prices are finally slowing down, and the reason is not that supply improved. It is that buyers ran out of money. TrendForce expects conventional DRAM contract prices to rise 13% to 18% quarter on quarter in Q3. Dan Robinson reported the forecast for The Register. He paired it with separate European shipment numbers that […]
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Memory prices are slowing because buyers ran out of money Read More »
Satellogic has appointed Frank D. “Trey” Whitworth as president, giving the day-to-day running of a commercial Earth-imaging company to the man who directed America’s spy-satellite intelligence agency until 10 months ago. The appointment was announced today by the company. Whitworth, a retired US Navy vice admiral, directed the National Geospatial-Intelligence Agency from June 2022 to […]
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Satellogic hires the former head of US spy-satellite intelligence as president Read More »
Sam Altman gave Axios two interviews four days apart. In the first he said the next generation of AI models would be “sobering for everybody”. In the second he said this is the best time in the world to start a company. Both were with the same reporter, Mike Allen. Both happened around the G20 […]
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Altman sells startup optimism days after warning of ‘sobering’ AI Read More »
Lenovo has given entrepreneurs a phone number to ring, and Eva Longoria is on the other end of it. The service is called Call Eva. It opened on Tuesday and works roughly the way a radio phone-in does. You call, you leave a voice note with a business question, and you wait. Lenovo says it […]
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Lenovo opens a phone line to Eva Longoria for entrepreneurs Read More »
ASML’s most advanced lithography machines cannot print the largest chips the AI industry currently builds. The company now has a plan to change that, and it has brought TSMC in on it. The initiative was reported by Reuters on Tuesday and confirmed the same day in a joint announcement from the two companies. ASML wants to move […]
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Stoke Space has raised a billion dollars for a rocket that has never flown. The Washington company says the Series E takes its total funding to $2.3bn. It has not yet reached orbit once. Point72 Ventures and Spark Capital co-led the round, according to Stoke’s announcement. General Innovation, Glade Brook Capital, US Innovation Technology, Washington […]
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Stoke Space raises $1bn for a rocket that has never flown Read More »
Huawei goes on trial in New York this week, seven years after the United States charged it. Jury selection begins on Tuesday. The company is accused of racketeering, stealing trade secrets, wire fraud and bank fraud, and it denies all of it. Larry Neumeister reported the trial date for the Associated Press. Every charge is […]
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Huawei faces a US racketeering trial in New York this week Read More »
Anthropic has decided against buying Decart AI, Bloomberg reported, citing people familiar with the matter who asked not to be identified. The company had explored a deal and completed due diligence before walking away, and one of those people said the two may still find other ways to work together. Representatives for both companies declined to […]
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Anthropic has walked away from its $6bn Decart deal, Bloomberg reports Read More »
The man who wrote the UK’s AI Opportunities Action Plan is leaving the government research agency he chaired. He announced it five days after taking a job at Anthropic. The resignation itself is not the interesting part. The arrangement it undoes had already been reviewed and cleared by a government department. Matt Clifford will step […]
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Matt Clifford quits as ARIA chair over his Anthropic job Read More »
Ineffable Intelligence has handed the title of cofounder to six people who did not found it. Four come from Google DeepMind, one from InstaDeep, and one from the Seattle venture firm that wrote the company’s first cheque. The London startup is ten months old, has no product, and carries a $5 billion valuation. Jeremy Kahn […]
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Ineffable Intelligence names six cofounders, Fortune reports Read More »