Google is in talks with Marvell Technology to develop two new chips aimed at running AI models more efficiently, according to two people with direct knowledge of the discussions. One is a memory processing unit designed to work alongside Google’s tensor processing unit. The other is a new TPU ...

Anthropic has received expressions of interest from investors who want to put money into the AI startup at an $800 billion valuation, but the company has no current plans to raise money. Those were among the details in a profile of Anthropic Chief Financial Officer Krishna Rao published by The Information . A decision on raising more money likely won’t happen until after Anthropic’s May board

SemiAnalysis, the AI and semiconductor research firm, which also publishes a widely read industry newsletter, expects to do more than $100 million in sales this year, marked growth from a year earlier. SemiAnalysis did closer to $20 million last year, purveying in-depth data and research to startups, investors and the major hyperscalers, according to this week’s Big Read, which details how

Anthropic CEO Dario Amodei met with White House Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent on Friday, in what both sides described as a “productive and constructive” discussion, according reports in Axios and The New York Times . The meeting signals a potential shift in the relations between the AI startup and the Trump administration after months of bitter conflict.

Welcome, Weekenders! In this newsletter:• The Big Read: The rise of SemiAnalysis’ Dylan Patel, Silicon Valley’s favorite AI commentator• Plus, Recommendations—our weekly pop culture picks: “The Obit Project,” “Disneyland and the Rise of Automation” and “Unfamiliar”Recently, a close friend of ...

These days, Anthropic is a crowded place: a startup with its own in-house philosopher, researchers devoted to preventing Armageddon and a CEO willing to go toe-to-toe with the Pentagon. And then there’s Chief Financial Officer Krishna Rao, who has emerged as a key force within the companywhile ...

Andreessen Horowitz and Thrive Capital are in talks to co-lead a $2 billion investment in coding assistant startup Cursor at a $50 billion valuation before the investment, according to people familiar with the matter. The two firms first invested in the startup in 2024. Nvidia is also expected to participate in the fundraise, which hasn’t yet closed, the people said. The startup last raised

Lawyers for Elon Musk said Friday that they may drop their fraud claims against OpenAI in his case charging the ChatGPT maker with violating its charitable mission and breaking promises to Musk. Dropping the claims would make Musk’s legal position more consistent with a court filing from earlier this month, in which Musk’s lawyers clarified that if OpenAI is found liable, they want OpenAI to

Meta Platforms plans to lay off of around 8,000 employees next month, with further job cuts expected to occur in the second half of the year, Reuters reported. The initial wave of 8,000 layoffs is scheduled to begin May 20 and will account for about 10% of Meta’s worldwide headcount, Reuters reported. A spokesperson for Meta declined to comment on the report. The company is making the job

Kevin Weil, a member of OpenAI’s management team and a former executive at both Meta Platforms and Twitter, is leaving the AI firm, according to a post the executive made on X. Weil, who has been at OpenAI since mid-2024, was at one time Chief Product Officer but more recently led the company’s work to build AI tools for scientists. The organization he led, OpenAI for Science, is being

Meta Platforms paid Broadcom $2.3 billion in 2025, Meta disclosed in a securities filing, a rare disclosure of how much tech firms pay Broadcom for help designing their AI chips. Meta, like Google, uses Broadcom to help design special AI chips. Earlier this week, Meta and Broadcom announced an expansion of their relationship, under which Broadcom will co-develop Meta’s next generations of AI

Kraken, a top three crypto exchange in the U.S., said it agreed to buy Bitnomial, a U.S. crypto derivatives exchange, for up to $550 million, which will allow it to offer crypto perpetuals, a type of risky crypto product popular on offshore platforms like Binance and Hyperliquid, in the U.S. Kraken will pay for the deal in cash and stock, which values Kraken’s equity at $20 billion. Kraken

Anthropic on Friday launched a new AI tool called “Claude Design” which will use AI to help users generate designs, product prototypes, presentations and one-pagers, according to a blog post. The announcement confirmed The Information’s earlier report on the new tool. Claude Design will be powered by Anthropic’s latest flagship model, Claude Opus 4.7, and will be available in preview for

For Dylan Patel, founder of SemiAnalysis, an influential AI industry newsletter and research firm, Nvidia deserves the kind of dogged observation and study the tabloid press once devoted to Princess Diana. Hescrutinizesthe chip giant’s new products,documentsits delays andscoopsdetails about its ...

DeepSeek is in talks to raise outside capital for the first time, seeking to beef up its financial war chest so it can better compete in the costly battle to develop leading AI models, according to four people familiar with the matter. DeepSeek is owned by Chinese hedge fund High-Flyer Capital ...

Flock Safety, which sells cameras, drones and AI software to police departments, was valued at $8.4 billion in a new round of funding completed in recent weeks, a modest bump from its financing last year, according to a publicly filed corporate charter and people familiar with the round. The ...

China’s regulator said Friday that it had imposed fines totaling 3.52 billion yuan ($515 million) on seven e-commerce businesses including those operated by PDD Holdings, Meituan, JD.com, Alibaba Group and ByteDance, citing their lack of oversight of problematic food delivery merchants. The State Administration for Market Regulation said in a statement that the seven platforms failed to

Alibaba Group has open sourced a smaller size version of its latest Qwen3.6 large language models. The new release shows how Alibaba is becoming more selective with which models to open source, as it shifts its focus toward proprietary AI models that could generate more revenue. The Chinese tech giant, which became a powerhouse in open-source AI models in the past few years, is now putting

Chip startup Cerebras is planning to make its IPO paperwork public as soon as Friday, The Information reported Thursday. It aims to raise more than $3 billion and seeks a valuation of at least $35 billion, which represents a 60% premium to its last private valuation of $22 billion in February. Cerebras also struck an unusual arrangement with OpenAI. The AI lab agreed to pay Cerebras more

OpenAI recently struck an unusual deal to lessen its dependence on Nvidia’s AI chips and potentially lower its computing expenses in the coming years. OpenAI has agreed to pay Cerebras more than $20 billion to use servers powered by the firm’s chips over the next three years, double the figure ...