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China’s Biren raises $892M to build GPUs that can take on Nvidia at home

Artificial Intelligence, Business, China, Deep tech, Digital Marketing, SEO Tips, Technology, United States /

Nvidia can barely sell its best chips in China. A crop of local challengers is racing to fill the gap. One of them just raised nearly $900m to speed up. Shanghai Biren Technology is selling HK$7 billion (about $892.5m) of new shares to boost GPU production. That is according to the South China Morning Post. […]

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Nvidia’s Kyber AI rack slips to 2028, and one circuit board is to blame

Artificial Intelligence, Business, Deep tech, Digital Marketing, nvidia, SEO Tips, Technology, United States /

Nvidia’s next flagship AI machine has hit a wall, and the culprit is a single circuit board. The Kyber rack meant to house its 2027 Rubin Ultra chips has slipped to 2028. Research firm SemiAnalysis flagged the delay, and CNBC reported it. Kyber is not a chip. It is a server cabinet. It packs 144 […]

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Tech billionaires pour $120M into killing California’s wealth tax

Digital Marketing, Government and policy, Money, Next Featured, SEO Tips, Technology, United States /

Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times the $31m raised by its union backers. Proposition 40 would impose a one-time 5% tax on residents and trusts worth over […]

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Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.

blockchain, cryptocurrency, Digital Marketing, Finance, Government and policy, SEO Tips, Technology, United States /

Nearly a million people who bought President Donald Trump’s $TRUMP memecoin have collectively lost $3.81 billion, according to an analysis by blockchain analytics firm Nansen. The data, which covers all transactions through the end of June, found that 988,905 of the token’s buyers are underwater. Trump earned $636 million from the same coin. His 927-page financial disclosure, […]

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Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million. Read More »

The chip industry has a warning for Trump: hands off the memory market

Apple, Artificial Intelligence, Deep tech, Digital Marketing, Microsoft, SEO Tips, Technology, United States /

The memory shortage has become a political problem in Washington. Now the chip industry has a message for the Trump administration: leave the market alone, or the squeeze gets worse. The warning came in a letter from SEMI, a semiconductor industry group, to senior US officials. Any attempt to fix the shortage by steering prices […]

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Investors sue Oracle, say it hid how shaky the OpenAI deal was

Artificial Intelligence, Business, Digital Marketing, Finance, OpenAI, SEO Tips, Technology, United States /

The strain inside the AI boom’s biggest infrastructure bet has reached a courtroom. Oracle’s own investors are suing, saying the company hid how shaky its $300bn deal with OpenAI really was. A Michigan public pension fund, the City of Sterling Heights Police & Fire Retirement System, filed the class action on Wednesday in a Tennessee […]

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Weave’s $7,999 Isaac 1 bets home robots don’t need legs or fingers

Artificial Intelligence, Deep tech, Digital Marketing, robots, SEO Tips, Startups and technology, Technology, United States /

The robot butler has been five years away for about twenty years. Weave Robotics thinks the trick is to aim lower. Its new home robot, Isaac 1, does not walk, has no fingers, and mostly just wants to do your laundry. It also costs a fraction of its humanoid rivals. The Y Combinator-backed startup unveiled […]

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The emails that broke Anthropic and the Pentagon apart

Anthropic, Artificial Intelligence, Digital Marketing, Government and policy, Security, SEO Tips, Technology, United States /

For months, the fight between Anthropic and the Pentagon looked like a row over access to Claude. Court documents released this week suggest it was about something bigger: who decides how the US military uses frontier AI. The emails came out on Tuesday, in one of the lawsuits Anthropic has filed against the Department of […]

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Zoom buys Common Room to push past the video call into AI sales

Artificial Intelligence, Business, Digital Marketing, Merge and Acquisition, SEO Tips, Startups and technology, Technology, United States /

Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]

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Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple

Business, Defence, Digital Marketing, Fintech and ecommerce, Investors and funding, SEO Tips, Technology, United States /

A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by Anduril’s Palmer Luckey and backed by Peter Thiel. It is in talks to raise at a valuation of at least $8bn, and its deposits have almost quadrupled in three months. That […]

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