Andy Jassy says Amazon’s NVIDIA rival chips are already a multibillion-dollar business
Can any company, large or small, really reverse the dominance of Nvidia’s AI chips? Probably not. But if you can peel away some of it yourself, you could make hundreds of billions of dollars in revenue, Amazon CEO Andy Jassy said this week. As expected, the company announced its next-generation AI chip, Trainium3, an AI […]
Trump administration lowers fuel economy standards again
The Trump administration on Wednesday announced plans to lower fuel efficiency standards for passenger cars and light trucks sold in the United States. With the CEOs of Ford and Stellantis in attendance, President Donald Trump proposed lowering fuel efficiency for all 2031 model year vehicles to 34.5 miles per gallon. Previous fuel efficiency standards set […]
Venture Capitalists Deploy ‘Kingmaking’ Strategies to Capture AI Winners Early on
In early October, AI enterprise resource planning (ERP) startup DualEntry announced a $90 million Series A round led by Lightspeed and Khosla Ventures, valuing the one-year-old business at $415 million. The company aims to replace traditional software like Oracle NetSuite with products that can automate routine tasks and provide predictive insights. A large funding round […]
The future of deep tech will be discussed at StrictlyVC Palo Alto on December 3rd
Tonight at Playground Global in Palo Alto, some very smart people who are building things you don’t understand yet will explain what’s coming. This is the last StrictlyVC event of 2025 and the line-up is truly ridiculous. Image credit: Aaron V Barrera Photography The series traveled around the world under the auspices of TechCrunch. Steve […]
Autolane is building “air traffic control” for self-driving cars
The rapid adoption of robotaxis by companies like Waymo and Zoox has industry players once again dreaming about how self-driving cars will change our daily lives. This includes driverless taxi rides, of course, but also brainier ideas like sending self-driving cars to pick up groceries or pick up dry cleaning. If that ultimately happens, navigating […]
The community has no expectations of raising $5 million and hopes to be “IPO ready” within three years.
Hardware maker Nothing is letting its userbase buy its stock as part of a new $5 million community investment round. The new round, which begins Dec. 10, will allow consumers to buy shares in the company at a Series C valuation of $1.3 billion. The company announced that it has raised a total of $8 […]
India lifts obligation to pre-install government apps on smartphones after intense backlash
India has backed away from a plan to force smartphone makers to pre-install government apps on all devices, following backlash and growing concerns that the mandate would give the state greater access to users’ devices and weaken privacy protections. India’s telecom ministry said Wednesday that anti-theft and cybersecurity protection app Sanchar Saathi will remain optional […]
The biggest news from AWS’s big technology show re:Invent 2025
Amazon Web Services’ annual technology conference, AWS re:Invent, has concluded its first official day of programming and is already delivering an endless stream of product news. Naturally, the theme is enterprise AI, but this year is all about upgrades that give customers more control to customize their AI agents, including one that AWS claims can […]
Amazon takes on competitors with on-premises Nvidia “AI Factory”
Amazon on Tuesday announced a new product called “AI Factories” that will allow large companies and governments to run AI systems in their data centers. Or, in AWS’s words, the customer supplies the power and data center, and AWS integrates and manages the AI system and connects it to other AWS cloud services. The idea […]
Bending Spoons agrees to acquire Eventbrite for $500 million to revive stalled brand
Vending Spoons, a company that buys and turns struggling tech companies, agreed to buy Eventbrite for about $500 million, a far cry from the $1.76 billion the company was worth when it went public in 2018. Like many of Bending Spoons’ previous acquisitions, including Evernote, Meetup, Vimeo and AOL, Eventbrite has a strong brand, but […]