In a blog post that lays out a vision for crypto’s future, ranging from a “new financial system” to warnings about “opaque” AI, a16zcrypto announced a new $2.2 billion fund. This is the VC firm’s fifth fund and brings the total raised to date to $9.8 billion, it says. In addition, the fund also promoted…
Anthropic commits to spending $200 billion on Google’s cloud and chips, The Information reports Source link
When iOS 27 is released later this year, iPhone users will reportedly have a lot of choice when it comes to which AI models they want to use on-device. A new report from Bloomberg says that Apple plans to give users their pick of a number of third-party large language models that will be capable…
Freshworks to cut 11% jobs as AI reshapes software sector Source link
Skyworks Solutions forecasts higher revenue on strong chip demand Source link
Super Micro forecasts quarterly revenue above estimates, shares climb Source link
Xbox needs to move faster, deepen our connection with the community, and address friction for both players and developers. Today, we promoted leaders who helped build Xbox, while also bringing in new voices to help push us forward. This balance is important as we get the business back on track. As part of this shift,…
Lucid misses quarterly revenue estimates as supplier issue hits Gravity SUV deliveries Source link
Every time you use AI, you are, in some small way, depending on a 42-year-old, 44,000-person Dutch company that spends €4.5 billion each year to advance its technology. ASML, headquartered in the Netherlands, makes the machines that make the chips that make AI possible. More specifically, it makes the only machines in the world capable…
OpenAI projects $50 billion spending on computing power this year, Brockman says Source link