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...
Source: Nvidia agreed to rent 10K of its own AI chips from Lambda for $1.3B over four years, the latest example of Nvidia's circular financial arrangements
18,000 GPUs will be leased over 4 years, as Lambda gears up for its IPO Martin Peers / The Information : Nvidia's Chip Round-Trip Deals Rebecca Szkutak / TechCrunch : Cloud provider Lambda may be gear...
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...
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
SemiAnalysis : X: @staysaasy , @lefttailguy , @blader , and @mjolley22 X: @staysaasy : @blader To put it in another context: If these guys were Sole Proprietorships or single person LLCs, they'd be p...
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
Meta's shocking purchase of 49% of Scale AI at a ~$30B valuation shows that money is of no concern for the $100B annual cashflow ad machine. X: @staysaasy , @lefttailguy , @blader , and @mjolley22 X: ...
After a backlash, Whoop says members with more than 12 months remaining are now automatically eligible for a free upgrade to 5.0
Your Gear News of the Week The Indian Express : Whoop faces backlash after cancelling free hardware upgrades Dana Wollman / Bloomberg : Whoop Faces Backlash After Charging Existing Users Upgrade Fee f...
Nvidia starts making its Blackwell chips at TSMC's Phoenix plant and says it aims to make up to $500B of AI infrastructure in the US in the next four years
Nvidia opens first US factories Reuters : Nvidia to produce AI servers worth up to $500 billion in US over four years Taiwan News : Nvidia to invest NT$16 trillion in US AI infrastructure with Taiwane...
Profile of Ryan Petersen, CEO of freight logistics startup Flexport that raised $1.3B to date and is helping fight COVID-19 by fundraising and delivering PPE
Josh Constine / TechCrunch : Tweets: @thogge , @scottbelsky , @joshconstine , @paulg , @mgcardamone , @dflieb , @joshconstine , @joshconstine , and @joshconstine Tweets: Tyler Hogge / @thogge : this ...
UK student arrested over 4 years ago is sentenced to 6+ years for a blackmail scheme that involved buying ads on porn sites that installed ransomware if clicked
Dominic Casciani / BBC :
Samsung to invest $1.2B in IoT over 4 years in US, plans to split funds between startups and R&D
Christopher Mims / Wall Street Journal :