US chipmaker Wolfspeed was the only stock in the Philadelphia Stock Exchange Semiconductor index to decline in 2023, amid struggles at its new plant in NY — - Wolfspeed investors have soured amid struggles with new plant — The semiconductor stock is off to a rough start this year
An interview with Garry Tan, who confirms that Y Combinator moved its HQ from Mountain View to SF, saying “you sort of have to be in San Francisco” these days — Garry Tan, president, chief executive officer and cofounder of Y Combinator, during an interview on an episode of “The Circuit” at Y Combinator offices.
Genesis agrees to a settlement with the NYDFS, under the terms of which it will surrender its BitLicense, cease operations in New York, and pay an $8M fine — The New York Department of Financial Services plans to announce later today a settlement with Genesis Global Trading …
Palantir EVP Josh Harris says Palantir and Israel agreed to a strategic partnership to use “Palantir's advanced technology in support of war-related missions” — - US company will provide services for ‘war-related missions’ — Agreement follows co-founders' visit to Israel this week
PitchBook: VC investment in the crypto industry totaled $9.5B in 2023, less than a third of 2022; CryptoSlam says NFT sales fell 63% to $8.7B in 2023 — A disastrous 2023 for crypto startups hasn't dissuaded true believers. — Cryptocurrency startups had a brutal 2023 …
Aeva, founded by Apple veterans, reaches a $1B deal with Germany's Daimler Truck for self-driving sensors for trucks expected in 2027, but offers few details — Aeva Technologies (AEVA.N) on Tuesday said that it has reached a $1 billion deal with Germany's Daimler Truck (DTGGe.DE) …
Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...
