A profile of, and interview with, Sequoia's Roelof Botha on increasing Sequoia's focus on AI investments, staying politically neutral, and more — At the crown of Roelof Botha's otherwise perfectly coiffed, light-brown head of hair, there's a small patch that's gone completely white.
The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans — Facility expected to create 2,000 jobs when in full operation within three years — The U.S. will award Amkor Technology Inc. $600 million …
The Biden administration says Apple agreed to White House's voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others — - Guardrails aim to protect consumers, influence AI development — Apple moving to integrate OpenAI's ChatGPT into iPhone
After investigating how Meta handles AI-generated explicit images, Oversight Board asks Meta to use the terminology “non-consensual” over “derogatory”, and more — Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body …
Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba — - Baichuan joins MiniMax and Moonshot in getting Alibaba support — China seeks to counter US curbs by investing in emerging tech
LA-based Pearl, an FDA-approved startup that uses AI to assist dentists to make diagnoses, raised a $58M Series B led by Left Lane Capital at a $400M valuation — - Los Angeles-based startup backed by Craft Ventures, Left Lane — Pearl is valued at $400 million in fresh financing deal
Ferrari plans to accept crypto payments for its cars at European dealers from the start of August, and internationally by the end of 2024, expanding on the US — Ferrari (RACE.MI) said on Wednesday it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars …
Kamala Harris took a leading White House role on AI, including meeting executives, and a win could mean a continued relatively smooth runway for AI companies — The presumptive Democratic nominee has won concessions from Big Tech leaders on A.I., but she hasn't successfully pushed Congress to regulate.
Google's failed deal with Wiz, and with HubSpot before that, puts Google in an awkward spot to grow Cloud; Wiz staff are likely upset at missing a big payday — It's the second time in as many months that the tech giant has lost a deal to boost its lagging cloud business.
India plans to cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple, as part of its 2024/25 budget — India announced it will cut import duty on mobile phones and some key parts to 15% from 20%, a move that will directly benefit Apple …
NXP Semiconductors reports Q2 revenue down 5% YoY to $3.13B, automotive chip sales down 7% YoY, and forecasts Q3 revenue below $3.35B est.; NXPI drops 9%+ — NXP Semiconductors NV slid in late trading after giving revenue and earnings outlooks for the third quarter that disappointed investors.
Nothing's CMF Phone 1 review: excellent performance, camera, battery, display, and software, far above rival $199 phones, but no NFC and spotty US band support — This stylish $199 smartphone performed nearly flawlessly during a week of testing in Paris. — Rating:
How indie game developer Terrible Posture Games avoided bankruptcy after an ~$800K investment from an unlikely source: Nerd Ninjas, another indie developer — Terrible Posture Games got funding help from an unlikely source: another indie developer — Hi everyone.
Indian crypto exchange WazirX has “temporarily” paused trading activities days after it suspended customer withdrawals after losing ~$230M in a security breach — WazirX, one of India's largest cryptocurrency exchanges, has suspended all trading activities on its platform days …
Malaysia's Johor state is attracting billions of dollars as tech giants take advantage of cheaper land and more abundant energy to build data centers — Companies take advantage of cheaper land and more abundant energy — In what were once wild jungle and palm oil plantations in southern Malaysia …
Bloomberg : A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, de...
