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Nvidia rival Etched raises $800M with backing from Jane Street and a TSMC-linked fund

AI chip startup Etched has raised $800 million and revealed that its backers include trading firm Jane Street and VentureTech Alliance, a venture firm with a strategic partnership with TSMC. The company, which designs chips specifically for running AI models rather than training them, says it has signed one billion dollars in sales contracts and […]

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X launches hosted MCP server so AI tools can plug into its API directly

X has launched a hosted Model Context Protocol server that lets AI tools like Claude, Cursor, and Grok Build connect directly to its API using a user’s own account permissions. The move eliminates the integration work developers previously had to do on their own, from building a custom MCP server to handling authentication. X joins […]

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Libby will filter out AI content, kind of

This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. “AI is the new frontier for us,” says Marc DeBevoise, who took over as the new CEO of OverDrive last week. OverDrive is best known for the ebook lending app […]

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Rakuten satellite project to get up to $926m Japanese government grant

Japan has decided it does not want to depend on Elon Musk to keep its phones connected from space. The government is set to provide up to ¥150 billion, roughly $926 million, in subsidies to a consortium led by Rakuten Group to build a homegrown low-Earth-orbit satellite communications network. A project Tokyo frames explicitly as […]

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