A profile of AI contractor marketplace Mercor, which is valued at $10B and whose three 22-year-old founders are Thiel Fellows, each holding a roughly 22% stake — Mercor founders (left to right): Adarsh Hiremath, Brendan Foody and Surya Midha. — ULY INC. FOR MERCOR
MediaTek says it is on track to generate $1B in revenue from its data center AI accelerator ASIC chips in 2026, after reporting Q3 revenue up 7.8% YoY to $4.64B — Taiwan's top chip design company, MediaTek (2454.TW), expects to earn revenue of billions of dollars from its AI accelerator ASIC chips by 2027 …
Singapore seizes more than $115M in assets linked to Cambodia's Prince Group, which the US and UK accuse of stealing billions of dollars via online scam centers — Singapore has seized more than S$150 million ($115 million) in assets linked to alleged money laundering and forgery …
China says it will allow some Nexperia semiconductor chip exports to resume to ease critical supply shortages impacting global auto production — Dispute over Netherlands-based chipmaker has threatened to disrupt global auto supply chains — China has said it will allow some Nexperia chips …
Getty and Perplexity sign a multi-year licensing agreement to let the AI startup display Getty's images across its search and discovery tools; GETY jumps 55%+ — Getty Images (GETY.N) and Perplexity signed a global multi-year licensing agreement on Friday, allowing the AI startup to display …
Denmark says it will withdraw the EU “Chat Control” proposal, which would force tech companies to scan messages for CSAM, and instead support voluntary scanning — The Danes will seek to propose a voluntary detection regime in the CSAM proposal, instead of controversial mandatory detection orders
Nvidia CEO Jensen Huang says he still hopes to sell the company's Blackwell chips to China “someday”, but points out the decision is up to President Trump — Nvidia (NVDA.O) CEO Jensen Huang said on Friday he hoped the company's state-of-the-art Blackwell chips can be sold in China …
Elon Musk's lawyer pledges to fight OpenAI's for-profit restructuring and says California's and Delaware's AGs “cannot sanitize OpenAI's unlawful conduct” — Elon Musk's lawyer pledged to continue the billionaire's legal crusade against OpenAI as he slammed the attorneys general …
After Nvidia GTC, Jensen Huang says “I don't believe we're in an AI bubble” and that Nvidia expects to sell 20M Blackwell chips, up from 4M Hopper chips — Nvidia Corp. Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble …
Amazon says it will cut ~14,000 jobs from its corporate workforce, after cutting 27,000 across 2022 and 2023; the company had 1.55M employees globally in June — Amazon.com Inc. said it was cutting about 14,000 jobs in a major restructuring. — The positions will be eliminated across …
How Saudi Arabia is pouring money into data centers and working with US and Chinese tech giants, landing its AI ambitions in the middle of a geopolitical tussle — In northwest Saudi Arabia near the Red Sea, a planned $5 billion data center would provide enough computing muscle for coders …
The US DOJ's rigged-poker-game indictment involved hacking DeckMate, a casino-standard, suitcase-sized, $10K+ card shuffling machine, to reveal players' hands — The rigged-poker-game indictment unveiled on Thursday reads like a Hollywood heist film, featuring NBA stars and famous Mafia crime families.
Swift releases Swift SDK preview for Android, allowing developers to build Android apps in Swift and making it easier to share code across iOS and Android — The first preview release of the Swift SDK for Android was published this week, allowing developers to build Android apps in Swift …
Sources: Apple is working on a vapor chamber for the next iPad Pro in 2027 and plans to start selling ads in its Maps app as early as next year — Apple is working on a vapor chamber to improve cooling and performance in an iPad Pro slated for as early as 2027.
Rumble plans to roll out a bitcoin tipping feature, developed in partnership with Tether, to its 51M creators in December; Tether has invested $775M in Rumble — The feature is developed with Tether and was announced at the Plan ₿ Forum in Lugano, Switzerland.
The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...
