Thinking Machines is in talks to raise $6bn, The Information reports
Thinking Machines is in talks to raise $6bn, The Information reports

Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money va…

The US paid for a peace deal in Nvidia chips
The US paid for a peace deal in Nvidia chips

When Armenia opened the biggest AI factory in its region last month, we filed it under compute diplomacy. The Wall Street Journal now reports what the compute actually bought. Robbie Whelan reported on Friday that US negotiators used the promise of acc…

AI compute provider Nscale is looking for $3.5B in pre-IPO financing

Nscale, which recently struck a $45 billion deal with Anthropic, is in talks to raise additional funds in anticipation of an upcoming IPO.

What will Apple’s John Ternus era look like?

It’s officially the Ternus era at Apple.   Tim Cook stepped down as CEO this week, handing the company to former hardware chief John Ternus, whose first memo promised a “huge launch next week” — timing that puts Appl…

Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.
Export controls went after China’s chips. They never touched the capital, and Moonshot is reportedly seeking $5bn.

Moonshot AI is considering raising up to $5bn in a Hong Kong initial public offering as soon as this year, Bloomberg reported on Friday. Dong Cao, Julia Fioretti, Pei Li and Luz Ding sourced the account to people familiar with the matter, who asked not…

G42 gave up Huawei, then let Washington watch its data centres. Majority US ownership is reportedly next.
G42 gave up Huawei, then let Washington watch its data centres. Majority US ownership is reportedly next.

Executives at Abu Dhabi’s G42 have held exploratory talks about selling a majority stake to American companies, Bloomberg reported on Friday, as the firm races to guarantee access to advanced chips beyond next year. Alex Dooler, Zainab Fattah and Dines…

Nvidia will officially bring DLSS 5 to older GPUs — but won’t give gamers full control
Nvidia will officially bring DLSS 5 to older GPUs — but won’t give gamers full control

Officially, Nvidia’s controversial DLSS 5 AI rendering was supposed to launch this evening with only a single game, only on Nvidia’s latest RTX 50 GPUs, and with developers in full control of their artistic vision. But unofficially, modders have already ported a leaked version of DLSS 5 to run on just about anything while cranking […]

Nvidia confirms it is buying Hugging Face for $12.93bn and promises to leave it open
Nvidia confirms it is buying Hugging Face for $12.93bn and promises to leave it open

Nvidia is buying Hugging Face for $12.93bn, confirming a deal that had been reported for the past week. The chipmaker is acquiring the platform where much of the open-source AI community stores and shares its models, while promising to leave the platfo…

Nvidia launches free tool that links idle computers into a personal AI data center
Nvidia launches free tool that links idle computers into a personal AI data center

Nvidia is announcing its new Personal AI Router (PAIR), a free tool that syncs up your home computers for tackling local AI inference tasks with tools like Ollama and LM Studio. Let’s get the obvious thing out of the way, despite what its name might imply: PAIR is not a hardware router. It’s open-source software […]

Nvidia’s new RTX Spark laptops launch in October with two different configs
Nvidia’s new RTX Spark laptops launch in October with two different configs

All the rumors leading up to Nvidia’s announcement of its Arm-based RTX Spark chips over the summer mentioned two specific chips: the N1X and N1. While the N1 won’t be arriving this year, Nvidia says its N1X chip is arriving in RTX Spark laptops in two different configurations in October. You’ll be able to buy […]