Qualcomm’s Bet on a Compiler, Not a Chip
Qualcomm said it has completed its acquisition of Modular, the AI infrastructure company behind the Mojo programming language and the MAX inference engine, according to HPCwire. The deal, announced in…
SpaceX’s Billion-Share Lockup Expiry
Roughly 1 billion SpaceX shares come out of lockup on August 6, according to Motley Fool and Yahoo Finance, in what will be the largest overhang since the company’s public…
NHTSA Opens Probe Into 1.2 Million Teslas
The National Highway Traffic Safety Administration announced on July 31 that it has opened a preliminary investigation into about 1.2 million Tesla Model 3 and Model Y vehicles, after 156…
Nvidia Retakes the Top Spot From Apple
At the closing bell on July 31, Nvidia was again the world’s most valuable listed company, four days after Apple became the first company to finish a session above $5…
AI Cloud Firm Nscale Prepares for a Fall IPO
Nscale, the London-based company that rents out AI computing power, is pushing ahead with plans for a public listing, holding meetings with potential investors and preparing to present its case…
Chip Prices Climb Across the Board as Memory Shortage Spreads
Qualcomm Inc. told customers it will raise prices on its Snapdragon processors by double digits starting September 1, according to people familiar with the matter, joining a wave of increases…
Tesla and SpaceX Merger Talk Returns, With a China Twist
Reports that Tesla Inc. was weighing a spinoff of its China business to clear the way for a merger with SpaceX pushed the company’s shares around this week, until Elon…
SpaceX Wins $1.6 Billion Space Force Launch Contract
The U.S. Space Force has awarded SpaceX a $1.6 billion contract covering 18 Falcon 9 missions to deploy sensing and targeting satellites by 2027, according to Reuters, the latest in…
A 24-Year-Old’s AI Fund Unwinds After July’s Selloff
The hedge fund that made Leopold Aschenbrenner the most famous 24-year-old in artificial intelligence has sold most of its public stock positions to Citadel, according to people familiar with the…
Anthropic Lines Up $15 Billion for Texas Data Center as Google Backs the Build
Data center developer Nexus Data Centers is raising about $15 billion for a Texas project built around Anthropic, according to people familiar with the matter, with Google providing guarantees and…
