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$3bn of Blackwell servers reached China through a renamed California company
Aivres kept blacklisted Inspur’s offices, staff and business, but not the name, and that was enough to keep buying Nvidia’s best chips.
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OpenAI published its speed-up and its brake on the same day
One post details how much of OpenAI’s own research now runs on AI agents, the other, from its chief scientist, argues no lab has…
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Coinbase brought crypto derivatives to Canada, for people with $5m to trade
A regulated venue for leveraged crypto futures, open only to institutions and the wealthy, run through a US entity on an exemption.
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Broadcom tripled its AI chip sales and the stock fell 6% anyway
A record quarter was not enough, because the next quarter’s forecast came in a fraction below what the market wanted.
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Figure has committed $3.5bn to compute before it sells a humanoid at volume
The bill starts in 2027, the chips do not exist yet, and the robots meant to pay for it are unbuilt.
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Nvidia is paying $12.93bn for Hugging Face, the neutral ground of open AI models
The platform promises to stay open to every chip and cloud, now that the largest chipmaker owns it.
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Felix Pago raised $200m for stablecoin remittances, and more than half is debt
The equity cheque that sets the company’s value is $87m; the rest is a credit line it has to repay.
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A loss-making Chinese AI chipmaker priced its IPO at 4,000 times demand
Enflame raised $911m for chips bought almost entirely by one customer, which is also its largest shareholder.
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Uber is cutting 3,300 jobs for a driverless future it does not yet run
The company is thinning its management now for a robotaxi business that today depends entirely on partners like Waymo.
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OpenAI says Astra is the first model it rates a critical cyber risk
The company says the safeguards are finally good enough to ship the model, and it has not said when shipping day is.