Foxconn plans to spend another $569M through 2029 to expand its AI server manufacturing site in Mount Pleasant, Wisconsin, adding to $717M invested through 2024
Taiwanese company gets approval for more AI data center industry in Racine County TechPowerUp : Foxconn Wisconsin Plant Gets $569 Million Investment Approved Focus Taiwan : Foxconn to invest US$569 mi...
Since Dec. 2024, Anker has offered cash and other incentives to Eufy security camera users for donating footage, including of thefts, to train its AI systems
Lorenzo Franceschi-Bicchierai / TechCrunch :
How Jensen Huang, who engaged little in politics until 2024, is using his newfound star power to strike deals in Europe, the Middle East, Japan, and elsewhere
Financial Times : X: @pawlega and @zephyr_z9 X: @pawlega : “People are starting to feel now that they have become critically dependent not just on Nvidia, but almost on Jensen himself,” says one exec...
Nevada records: xAI terminated its public benefit corporation status on May 9, 2024, and when xAI merged with X, the company remained without its PBC structure
When Elon Musk created his artificial intelligence startup xAI in 2023, he incorporated it as a Nevada public benefit corporation …
At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs
Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Partners Race to Secur...
Sources: Amazon is paying $20M to $25M a year to use NYT's editorial content in a multi-year deal for its AI platforms, which is ~1% of NYT's total 2024 revenue
The multiyear deal lets Amazon use content from the Times's news and cooking sections and the Athletic
Sources: Meta bought just under 3% of Ray-Ban maker EssilorLuxottica, a stake worth ~€3B, and is considering more investment to build its stake to ~5% over time
finance.yahoo.com/news/meta- in... X: Nik / @ns123abc : > Meta acquired 3% of EssilorLuxottica > Meta to build investment to 5% > Zucc plans to dominate hardware manufacturing and lock-in retail distr...
Sources: in 2024, Apple explored a cloud service renting its own chips to developers; it spends ~$7B per year on renting Nvidia chips from AWS and Google
Apple over the past few years considered launching a business renting out its servers to the millions of developers that create apps …
Sources: in 2024, OpenAI considered document collaboration features but lacked the staff to create them, but has since made some unreleased collaboration tools
OpenAI has been gearing up to take on Google and Microsoft with features that let people collaborate on documents and communicate via chat …
Sources: Nvidia suppliers Foxconn, Inventec, Dell, and Wistron made breakthroughs to resolve issues from 2024 that delayed Blackwell AI server “rack” shipments
Technical breakthroughs allow partners to begin shipments of cutting-edge ‘Blackwell’ artificial intelligence servers