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ArXiv

techmeme

London-based Xapien, which uses AI for background checks and due diligence, raised a $56M Series B led by Spectrum Equity (Lucinda Shen/Axios)

industry

19 days ago▲ 24

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techmeme

Sources: the Pentagon is in talks to lend roughly $5B to neocloud Fluidstack; Fluidstack is being advised on its loan application by Palmer Luckey's Erebor Bank (Wall Street Journal)

industry

19 days ago▲ 24

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techmeme

Sources: Microsoft plans to expand its data center capacity from 12 GW today to 38+ GW by 2032, with about a third of the 38 GW centered on AI-specific chips (Bloomberg)

industry

19 days ago▲ 24

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techmeme

Adobe reports Q3 revenue up 13% YoY to $6.76B, vs. $6.7B est., AI-first annual recurring revenue up 150% YoY, and forecasts Q4 revenue slightly below estimates (Anzar Mehraj/Reuters)

industry

19 days ago▲ 24

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techmeme

California Gov. Gavin Newsom signs bills restricting "addictive" social media features for under-16s and limiting minors' interactions with chatbots (Colin Lecher/CalMatters)

industry

19 days ago▲ 24

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techmeme

Oracle reports Q1 revenue up 30% YoY to $19.35B, vs. $19.14B est., cloud infrastructure revenue up 121% to $7.4B, vs. $7.09B est.; ORCL jumps 6%+ after hours (Jordan Novet/CNBC)

industry

19 days ago▲ 24

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techmeme

Sources: Altera is preparing to confidentially file for an IPO in the coming weeks; the offering could raise over $2B, with a listing as early as this year (Reuters)

industry

19 days ago▲ 24

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techmeme

ID verification service IDScan confirms that a data breach involved the theft of driver's licenses from its systems after hackers offered 153M licenses for sale (Zack Whittaker/TechCrunch)

industry

19 days ago▲ 24

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techmeme

OpenAI says it will pause new $200/month ChatGPT Pro subscriptions amid "unprecedented" Astra demand; existing accounts, other plans, and API are unaffected (Tibo/@thsottiaux)

industry

19 days ago▲ 24

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techmeme

Universal Music Group partners with ElevenLabs to launch a new AI-powered platform that will let users create song remixes, mashups, and more from its catalog (Emma Roth/The Verge)

industry

19 days ago▲ 24

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techmeme

OpenAI unveils ChatGPT for Financial Services, a version of ChatGPT Work made with "design partners" Morgan Stanley and Evercore to research like an analyst (CNBC)

industry

19 days ago▲ 24

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techmeme

Anthropic details distillation efforts by Chinese companies, like Moonshot and DeepSeek, sending user queries to Claude via "transfer stations" outside China (Wall Street Journal)

industry

19 days ago▲ 24

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techmeme

Anthropic says it disrupted several potential plots this year by scientists using its models for research that could have helped develop biological weapons (Dustin Volz/New York Times)

industry

19 days ago▲ 24

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techmeme

Anthropic publishes a threat intelligence report on how it disrupted efforts to misuse Claude for cyberattacks, influence operations, surveillance, and more (Anthropic)

industry

19 days ago▲ 24

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techmeme

Sources: PIF is considering combining EA with Savvy Games to better coordinate its gaming assets, but not before Savvy closes its $6B Moonton acquisition (Bloomberg)

industry

19 days ago▲ 24

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techmeme

Interview with mathematician Tristan Buckmaster on being drawn into the OpenAI-Anthropic fight; OpenAI says it made progress on another Millennium Prize problem (Kenneth Chang/New York Times)

industry

19 days ago▲ 24

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techmeme

Sources: SpaceX shifts its data center strategy to redesign existing facilities and prioritize power and cooling redundancy, potentially slowing new build-outs (Grace Kay/The Information)

industry

19 days ago▲ 24

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techmeme

Maven Robotics, whose wheeled robots travel up to 10 mph and lift up to 30kg using two arms, emerges from stealth after raising $100M (Tim Fernholz/TechCrunch)

industry

20 days ago▲ 24

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techmeme

TAR, which builds off-grid power systems for data centers, raised a $120M Series A led by Spark Capital at a ~$1B valuation (Mark Chediak/Bloomberg)

industry

20 days ago▲ 24

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techmeme

Positron, which is designing an AI processor called Asimov with a "memory-first architecture" and up to 2.3TB of memory, raised $875M at a $5B valuation (Robbie Whelan/Wall Street Journal)

industry

20 days ago▲ 24

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