Applied Materials partners with Micron and SK Hynix to develop next-gen memory chips for AI and HPC at its new EPIC center, part of a planned $5B R&D investment
Applied Materials (AMAT.O) said on Tuesday it has partnered with memory chip companies Micron Technology (MU.O) and SK Hynix …
HPE reports Q1 revenue up 18% YoY to $9.3B, below $9.37B est., and Cloud and AI revenue down 2.7% YoY to $6.3B, but reports an AI server backlog of $5B
Filing: Anthropic says it had $5B+ in all-time revenue since 2023 and may lose billions after clients paused deal talks due to the supply chain risk designation
Executives at the AI startup say companies paused deal talks after the Trump administration labeled it a supply-chain risk …
HPE reports Q1 revenue up 18% YoY to $9.3B, vs. $9.37B est., Cloud and AI revenue down 2.7% YoY to $6.3B but reports an AI server backlog of $5B
Filing: Anthropic says it had $5B+ in all-time revenue since 2023 and could lose billions after clients paused deal talks due to supply-chain risk designation
Now billions of dollars in revenue for just this year is at stake and customers/prospects are already asking for new terms or backing out. — www.wired.com/story/anthro...
German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
German quick grocery delivery startup Flink raised $100M led by Prosus, a source says at a $900M valuation; Flink was reportedly valued at $5B in May 2022
Flink SE raised funds in a round that values the firm at $900 million, in a sign that the grocery delivery startup has stabilized …
Sources: X and xAI are set to repay ~$17.5B of debt in full; X took on ~$12.5B of debt during Musk's purchase, and xAI borrowed $5B via bonds and loans in June
The roughly $17.5 billion of debt tied to Elon Musk's social network X and artificial intelligence startup xAI is set to be paid back in full …
Sources: Anthropic has lined up $5B to $6B for an employee share sale at a ~$350B valuation; outside investors, not Anthropic, will buy up the insider shares
General Catalyst plans to invest $5B in India over five years, an increase from the $500M to $1B it previously announced, after merging with a local VC in 2024
General Catalyst, a Silicon Valley-based venture firm with more than $43 billion in assets under management, has announced it plans …