Nvidia reportedly halts production on its H20 AI chips
Beijing may have thrown a wrench into Nvidia’s plans on making a comeback in China’s AI market. Nvidia…
Lovable projects $1B in ARR within next 12 months
Vibe coding startup Lovable aims to hit $1 billion in annual recurring revenue within the next 12 months,…
Anthropic reportedly nears $170B valuation with potential $5B round
Anthropic is nearing a deal to raise between $3 billion and $5 billion in funding, valuing the large…
Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation
AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion…
Trading down – The Economist
Trading down The Economist France Rebukes E.U.’s Trade Deal With Trump The New York Times The EU has capitulated to…
Scale AI lays off 14% of staff, largely in data-labeling business
Data-labeling startup Scale AI is laying off 200 employees, roughly 14% of its staff, and cutting ties with…
Meta reportedly recruits Apple’s head of AI models
Apple’s head of AI models, Ruoming Pang, is leaving the company to work at Meta, Bloomberg reported on…
In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B
Abridge, an AI startup automating medical notes, has secured a $300 million Series E at a $5.3 billion…
After trying to buy Ilya Sutskever’s $32B AI startup, Meta looks to hire its CEO
Mark Zuckerberg’s AI talent hiring spree continues. In recent months, Meta tried to acquire Safe Superintelligence, the $32…