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ArXiv

techmeme

Indian AI infrastructure company AM Intelligence orders 9,000 Nvidia Vera Rubin systems and plans to offer 1GW of computing capacity as part of an $8B project (Saritha Rai/Bloomberg)

industry

about 1 month ago▲ 24

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techmeme

Sources: YMTC, which seeks to raise $5B in an IPO, told investors in IPO prep meetings that it aims to become the largest NAND flash supplier by the end of 2027 (Financial Times)

industry

about 1 month ago▲ 24

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techmeme

Digs, which is building AI software for residential construction, raised a $25.3M Series A led by building materials giant Builders FirstSource (Kurt Schlosser/GeekWire)

industry

about 1 month ago▲ 24

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techmeme

Pennsylvania's AG sues Snap, alleging Snapchat fails to protect teens from compulsively using the app, two weeks after filing a similar lawsuit against TikTok (Miranda Nazzaro/The Hill)

industry

about 1 month ago▲ 24

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techmeme

Sources: Meta and state AGs have discussed a possible mid-trial settlement of the social media addiction lawsuit, which is currently in its second week of trial (Bloomberg)

industry

about 1 month ago▲ 24

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techmeme

AWS says it plans to shut down Mechanical Turk on September 30, 2026, following an assessment; the service, launched in 2005, outsourced tasks to humans (Annie Palmer/CNBC)

industry

about 1 month ago▲ 24

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techmeme

South Korean AI services platform Wrtn raised a ~$72.2M Series C at a $722M+ valuation, bringing its total funding to ~$166M (Joyce Lee/Reuters)

industry

about 1 month ago▲ 24

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techmeme

State AGs' trial: Adam Mosseri denies Instagram stalled by not making its "Take a Break" teen safety feature the default until nearly three years after launch (Reuters)

industry

about 1 month ago▲ 24

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techmeme

Nitter, an open-source front end that let users read X without an account, says X sent cease-and-desist letters demanding a takedown; Nitter.net is now offline (Sarah Perez/TechCrunch)

industry

about 1 month ago▲ 24

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techmeme

Intuit reports Q4 revenue up 14% YoY to $4.35B, vs. $4.27B est., and forecasts FY 2027 revenue growth of 9% to 10%, below ~11% est.; INTU drops 8%+ after hours (Wall Street Journal)

industry

about 1 month ago▲ 24

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techmeme

Zoom reports Q2 revenue up 4.9% YoY to $1.28B, vs. $1.27B est., enterprise revenue up 7.8% to $787.5M, and forecasts Q3 adjusted EPS below estimates (Brody Ford/Bloomberg)

industry

about 1 month ago▲ 24

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techmeme

Skild AI unveils S1, a robotics foundation model that it says can learn tasks never seen during pretraining, using a single video demo, without fine-tuning (Skild AI)

industry

about 1 month ago▲ 24

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techmeme

Sources: Chris Malone, who joined OpenAI as head of data centers in March 2025, left the company last week amid a broader exodus (Anissa Gardizy/Wall Street Journal)

industry

about 1 month ago▲ 24

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techmeme

Keenable, which is building a web search index for AI agents and says several AI labs are using its API, raised a $26M seed led by Accel (Anna Heim/TechCrunch)

industry

about 1 month ago▲ 24

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techmeme

An ex-Meta staffer testified that less than 1% of teens used Instagram's opt-in "Take a Break" tool when it launched; the feature is now on by default for teens (Madlin Mekelburg/Bloomberg)

industry

about 1 month ago▲ 24

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techmeme

UK filing: in FY 2025, OnlyFans paid out $6.3B to creators, net revenue rose 10% YoY to $1.55B, and creator accounts hit 5M; 5,076 creators made $1M+ since 2016 (Todd Spangler/Variety)

industry

about 1 month ago▲ 24

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techmeme

Anthropic merges the memory systems for Claude chat and Claude Cowork, making Claude chat history available to Cowork unless users opt out (David Gewirtz/ZDNET)

industry

about 1 month ago▲ 24

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techmeme

The EPA plans to eliminate a federal rule that US states must publicize and solicit public input on air pollution permit applications for data centers (Maxine Joselow/New York Times)

industry

about 1 month ago▲ 24

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techmeme

Stability AI, which has deals with UMG, WMG, and EA to build AI models from their IP, raised a $76M Series B from them, Sony Music, and others (Corbin Bolies/Variety)

industry

about 1 month ago▲ 24

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techmeme

Sources: Anthropic is likely to tell IPO investors that its potential revenue opportunities are above $30T, topping SpaceX's $28.5T; Uber predicted $6T in 2019 (Corrie Driebusch/Wall Street Journal)

industry

about 1 month ago▲ 24

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