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NVIDIA names Anthropic and OpenAI among first users of its Vera chip

Jensen Huang spent a portion of his Computex keynote reading out a guest list. Anthropic, OpenAI, SpaceX and Oracle, the Nvidia chief executive told the audience in Taipei on Monday, are among the first big users of Vera, the company’s new in-house processor. Nvidia, a firm that built its empire on graphics chips, would now […]

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ASML spinout Invisix raises €20M to see inside the chips optics can’t

Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no longer resolve the structures buried inside. Invisix, an Eindhoven startup spun out of […]

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US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad

New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […]

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Revolut, Mistral and Wayve founders back Balderton’s ‘Built in Europe’ push

European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. On Monday it launched “Built in Europe,” a campaign backed by […]

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Intel and 3DGS back a $3.3bn glass-substrate plant in India’s Odisha

The fight over who makes the world’s chips is increasingly a fight over the parts of a chip nobody photographs. India has just landed one of them. Intel and 3D Glass Solutions have signed an agreement to build a roughly $3.3 billion substrate-manufacturing plant in the eastern state of Odisha, the government announced on Friday. […]

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Norway’s $2.3tn fund backs a human-rights review at Palantir

The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at […]

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Ex-Sequoia China firm HSG said to lead bidding for Leica Camera stake

Leica makes cameras that cost more than most people’s cars and are bought, in large part, for the red dot on the front. So there is a certain logic to a brand built on scarcity and prestige now being courted by a buyer with a taste for both. HSG, the Asian investment firm formerly known […]

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Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips

The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and the chips get leased back. The two firms are bringing additional investors […]

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Meta sells AI subscriptions while OpenAI and xAI walk into the ad business

Meta’s $7.99-and-$19.99 chatbot tiers and OpenAI’s push into advertising mark the moment the AI revenue-model question becomes a cross-cutting collision. Meta’s decision to begin selling consumer subscriptions to its Meta AI chatbot at $7.99 and $19.99 a month, announced on Tuesday, lands at exactly the moment OpenAI and xAI are visibly moving the other way: into […]

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Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare

Three days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint. Arthur Mensch, the chief executive of French AI startup Mistral, pushed back directly on Thursday against Pope Leo XIV’s call to “disarm AI,” arguing that European companies cannot afford to […]

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