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WindBorne Systems has raised $37 million to sell something it has already proven it can build: weather forecasts that beat the government’s. The Series B, reported by TechCrunch, was co-led by Khosla Ventures and Galvanize and values the company at $250 million. It takes WindBorne’s total funding past $62 million. The forecasting is the easy […]
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Anthropic confirmed on Wednesday that it is building an in-house silicon team to design custom chips for Claude, the first time the company has publicly acknowledged the effort. A spokesperson told Business Insider the company would co-design hardware and models, allowing Claude to run faster and more efficiently “at the scale our customers need.” The […]
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For years, software supply chain attacks focused on compromising widely used applications after they had already been deployed. Increasingly, however, attackers are shifting their attention further upstream, targeting the open-source packages developers rely on every day. The latest example arrived when Upwind became the first to identify and publicly report a malicious release of the […]
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People tell the AI boom as a story about chips and models. Underneath it is metal. Every data centre, chip, power line and robot starts with copper and a handful of other minerals. The United States has quietly lost control of where they come from. A two-year-old startup just raised $310m to change that. Mariana […]
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Everyone has been asking what the trillion-dollar AI buildout is actually for. A senior Google DeepMind executive has now given an unusually blunt answer. The spending, he says, is a bet on machines that improve themselves. Jasjeet Sekhon, DeepMind’s chief strategy officer, made the case at a summit at UC Berkeley. Recursive self-improvement, or RSI, […]
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The AI hardware conversation is stuck on one word: compute. A startup out of Tel Aviv wants to change the word to memory. Majestic Labs, founded in 2023 by former Google and Meta engineers, has unveiled a server it says can do the work of a rack of Nvidia GPUs. It does so by attacking […]
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Sequoia Capital led a $1 billion Series B for Valar Atomics, valuing the nuclear startup at $6 billion. That is three times the $2 billion valuation from its earlier round just months ago. Atreides Management, Point72, and Snowpoint Ventures also participated. Sequoia partner Shaun Maguire will join Valar’s board. The company also secured a $200 […]
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The usual story about Nvidia is a hardware story: the fastest chips, in the shortest supply, at the highest price. The more important part is software. For two decades the company’s real moat has been CUDA. It is the layer that turns its silicon into something developers can build AI on. That moat is now […]
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Nvidia’s real moat was never the chips. AI has started rewriting it. Read More »
A home-battery company that did not exist three years ago is now worth $13bn. Base Power has raised $1bn in a Series D and launched its own battery, Base Core. The bet behind the number is blunt: the grid cannot keep up with America’s power demand, and thousands of home batteries can. The round values […]
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A South Korean chip designer few outside the industry have heard of just became a $2.2bn company. DeepX has signed the first tranche of a Series D round that values it at roughly four times its previous mark. And it is not finished raising. The first slice is about $29m, from existing backers BNW Investment […]
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