Monday, May 19, 2025

Xiaomi CEO Lei Jun says on Weibo that the company invested ~$1.9B to build its Xring O1 chip and plans to invest $6.9B+ in chip design over the next decade (Reuters)

Reuters:
Xiaomi CEO Lei Jun says on Weibo that the company invested ~$1.9B to build its Xring O1 chip and plans to invest $6.9B+ in chip design over the next decade  —  China's Xiaomi will launch its highly-anticipated YU7 electric sports utility vehicle on Thursday, as well as other products …



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...