Anthropic will pay xAI $1.25 billion per month in compute fees

Earlier this month, Anthropic surprised the AI ​​world by signing a deal to buy 300 megawatts worth of computing. This secures the entire output of the Colossus 1 data center near Memphis, Tennessee. As it turns out, computing at this scale doesn’t come cheap. Anthropic plans to pay xAI $1.25 billion per month through May […]

Sam Altman presents ‘mic drop’ offer to all Y Combinator startups

During Tuesday night’s Y Combinator event, Sam Altman had what YC partner Tyler Bosmeny called a “mic drop moment.” Altman provided $2 million worth of OpenAI tokens to all startups in the current class in exchange for startup equity. In other words, he promised that OpenAI would invest across the class, not with cash, but […]

Following the lead of the US, the global EV market will become K-shaped

Is the current state of the electric car market all that doom and gloom? That’s a very American problem. The rest of the world isn’t getting enough EVs, according to a new report from the International Energy Agency. Last year, EV sales exceeded 20 million units, capturing 25% of the global market. Growth is highest […]

OpenAI races toward possible IPO in September

A day after Elon Musk lost a lawsuit that threatened OpenAI’s organization, leadership and finances, the AI ​​giant is ready to move forward with an initial public offering, people told The Wall Street Journal. OpenAI CEO Sam Altman reportedly hopes his company will be ready for an initial public offering by September. ChatGPT makers are […]

Jeff Bezos, you almost made a good point.

On Wednesday morning, Jeff Bezos said in an interview with CNBC that Americans in the bottom half of income brackets shouldn’t pay taxes. “Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?” Bezos said. “That’s $1,000 that could be used for rent, groceries, etc… To […]

Customers claim personal information was leaked from Trump Mobile

President Trump’s namesake cell phone provider and smartphone maker Trump Mobile has reportedly leaked customer data, including mailing addresses and email addresses. On Tuesday, YouTubers Coffeezilla and penguinz0 said they had ordered Trump Mobile’s gold T1 cell phone and were alerted by researchers who discovered the data leaked online. “I know that because, sadly, I […]

Intuit to lay off more than 3,000 employees as it refocuses on AI

Enterprise software giant Intuit will lay off about 3,000 people, or 17% of its workforce, as it seeks to redirect resources to integrating AI into its products, Reuters reported, citing an internal memo to employees. According to Reuters, a memo from CEO Sasan Gudarji said the job cuts were aimed at simplifying the company’s structure […]

AI search startups are growing explosively

Yesterday’s big news was Google’s plan to blow up traditional search in favor of AI-powered experiences. But Google isn’t the only company planning next-generation discoverability. AThis morning, Bloomberg broke the news that Andreessen Horowitz-backed Exa Labs has raised $250 million at a $2.2 billion valuation to go after the same market. And it’s part of […]

NanoClaw creator turns down $20 million acquisition offer, raises $12 million in seed instead

NanoCo, the company behind NanoClaw, a security-focused alternative to OpenClaw, has raised an oversubscribed $12 million seed round following a viral launch, founders tell TechCrunch. The funding was led by Valley Capital Partners with participation from angels including Docker, Vercel, Monday.com, Slow Ventures, and Clem Delangue, CEO of Hugging Face. NanoClaw creator Gabriel Cohen (pictured […]