OpenAI just showed off Jalapeño, its first home-grown AI chip, built with Broadcom. It is designed for inference, not training. And it is the clearest sign yet that the company most dependent on Nvidia wants a way out. OpenAI has a chip now. On Wednesday it unveiled Jalapeño, the first piece of silicon it has […]
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-
OpenAI built its own AI chip. The target is Nvidia.
via thenextweb.com
-
Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent
via thenextweb.com
Micron Technology posted fiscal third-quarter revenue of nearly $42bn, quadrupling from just over $9bn a year earlier and beating Wall Street estimates by a wide margin. The results, reported on Tuesday, confirm that the company riding the AI memory boom hardest is the one whose stock has already climbed roughly 700 percent over the past […]
This story continues at The Next Web -
Qualcomm lands Meta as first named customer for its Dragonfly data centre chips
via thenextweb.com
Qualcomm has signed Meta as the first named customer for its new Dragonfly C1000 data centre processor, the strongest signal yet that the mobile chipmaker is serious about competing in the AI infrastructure market. The company announced the deal at its investor day in New York on Wednesday, alongside a new AI300 accelerator chip and […]
This story continues at The Next Web -
Nvidia CEO Jensen Huang says smuggled data centres are a dead end and national security comes first
via thenextweb.com
Nvidia CEO Jensen Huang told shareholders on Wednesday that if a commercial opportunity conflicts with US national security, the company would prioritise American interests. “National security comes first,” Huang said in a session shortly after the company’s annual stockholder meeting concluded. Huang addressed the chip smuggling problem directly, arguing that anyone trying to build AI […]
This story continues at The Next Web -
Gemini 3.5 Flash can now see and control your screen, and Google wants enterprises to trust it
via thenextweb.com
Google has made computer use a built-in tool inside Gemini 3.5 Flash, the model it launched at I/O 2026 as its fastest agentic AI model. The capability, which lets AI agents see screens, click, type, and scroll across browsers, mobile devices, and desktops, previously required a separate standalone model and is now available as a […]
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Runpod hits $1bn valuation as the AI compute crunch bites
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Runpod has raised $100M and reached a $1bn valuation, a tenfold jump in under two years. The cloud startup rents out AI computing power, and it says it turned down buyout offers worth more than $500M. The great AI compute crunch is minting a new kind of winner. Runpod, a five-year-old startup that rents computing […]
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Tissium raises €60M to take its sutureless nerve glue to the US
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Tissium has raised €60M to carry the world’s only FDA-cleared sutureless nerve repair system into US operating rooms. The Paris medtech wants to swap the surgeon’s needle for a dab of light-cured glue. For a severed nerve, the standard repair has barely changed in decades. A surgeon stitches the two frayed ends together under a […]
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Congress wants Big Tech to pay AI’s power bills
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Congress is moving to stop households paying for Big Tech’s AI power bills. A House panel votes this week on a package of measures. The aim is to put AI data centre energy costs back on the companies that create them. As AI drives up electricity bills, Congress wants Big Tech to pick up more […]
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Deezer launches a remix tool that does not use AI and pays artists for every stream
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Deezer has launched Remix Lab, a feature that lets fans remix songs directly inside the app using in-app tools rather than artificial intelligence. The feature requires the explicit consent of the original artists and rights holders, and Deezer says artists get paid for every stream of the remixed tracks. The tool is available on select […]
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Morgan Stanley doubles its China robot forecast again
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Morgan Stanley has doubled its forecast for China humanoid robot shipments again, to 50,000 this year. The bank says the machines are moving from stage demos to real factories, shops and restaurants. China’s robots are leaving the showroom and reaching the shop floor. Morgan Stanley has doubled its forecast for China humanoid robot shipments for […]
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Riviera Partners acquires AI startup recruiter Lateral Labs as the talent war reshapes executive search
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Riviera Partners, the Insight Partners-backed executive search firm that has placed technology leaders at companies including Uber, Snowflake, Figma, and Discord, is acquiring Lateral Labs, a recruiting firm that specialises in hiring for AI startups. The deal brings Lateral Labs’ client roster, which includes Cursor, ElevenLabs, Runway, Scale AI, and Luma Labs, under the umbrella […]
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Hyundai workers vote to strike over robot fears
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Hyundai workers have voted overwhelmingly to authorise a strike, and for the first time robots are part of the fight. A Hyundai robot strike would test who controls the factory floor as humanoid machines arrive. South Korea’s largest carmaker is heading for a clash over robots. Hyundai’s union has voted to authorise a strike, partly […]
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Your AI coding tools may soon cost more than you
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By 2028, the AI tools a developer uses could cost more than the developer’s salary, Gartner warns. AI coding costs are climbing fast, and most companies cannot even see what they are spending. The AI coding boom has a bill, and it is growing fast. By 2028, AI coding costs will overtake the average developer’s […]
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Figma adds code layers to the canvas and lets users build custom AI plugins at Config 2026
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Figma used the opening keynote of its Config 2026 conference on Wednesday to unveil code layers, a feature that brings executable code directly onto the collaborative design canvas. Teams can now clone repositories and extract flows from code into design layers for testing, collapsing a handoff step that has defined the design-to-development workflow for over […]
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Mistral OCR 4 targets the enterprise back office
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Mistral OCR 4 reads a document like a structured map, not a wall of text. It is cheap, speaks 170 languages, and can run entirely on your own servers. Europe’s AI champion is going after the enterprise back office. Mistral has a new model, and it is not a chatbot. The French company on 23 […]
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xLight’s $350m bet to break ASML’s chip monopoly
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xLight, a US-backed startup chaired by former Intel chief Pat Gelsinger, is raising $350m to build an xLight EUV light source that could loosen ASML’s grip on chipmaking. Days earlier, a Dutch rival took aim at Nvidia. Deep-tech chips are hot again. The hardware behind AI is pulling in venture money again. xLight, a Californian […]
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Ferrari replaces its marketing chief one month after the Luce EV reveal wiped billions off its stock
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Ferrari is replacing its Chief Marketing and Commercial Officer Enrico Galliera, who has held the role for more than 16 years, with former BMW Italy CEO Massimiliano Di Silvestre. The change takes effect July 1 and comes exactly one month after the controversial reveal of the Luce, Ferrari’s first fully electric vehicle, which sent the […]
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Slate Auto prices its Bezos-backed EV pickup at $24,950 and opens preorders with 180,000 reservations
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Slate Auto revealed Wednesday that its electric pickup truck will start at $24,950, making it the cheapest new truck available in the United States. The Bezos-backed startup simultaneously opened preorders, converting more than 180,000 existing reservations into $300 nonrefundable deposits. Deliveries are expected to begin in the fourth quarter of this year. The price is […]
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China Telecom’s $1.7bn server deal hands Huawei a big win
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China Telecom just ordered 40,000 servers worth $1.7bn. Huawei did not even bid, yet its ecosystem walked away with the bulk of the deal. That is not an accident. It is the template. A state-owned Chinese carrier has handed Huawei a major win without Huawei lifting a finger. China Telecom named the winners of a […]
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Zoox redesigns its robotaxi interior ahead of commercial launch, with NHTSA approval still pending
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Amazon’s Zoox revealed a series of design upgrades to its custom-built robotaxi on Wednesday, refining the interior comfort and exterior communication of a vehicle that still lacks a steering wheel, pedals, or any traditional driver controls. The changes are based on rider feedback from the company’s free ride programme and are timed to coincide with […]
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Qualcomm in talks to design custom chips for ByteDance
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Qualcomm, the king of the smartphone modem, is in talks to design custom chips for ByteDance. The move would help it escape a shrinking phone market. It also shows US chipmakers will not give up on China. Qualcomm wants to be a chip designer for the AI age. Its first big customer could be Chinese. […]
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China takes the supercomputer crown without US chips
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A supercomputer in Shenzhen just topped the world rankings for the first time since 2017. The headline is the speed. The real story is the silicon: it runs without a single chip from Nvidia, AMD or Intel. China has taken back the supercomputing crown. On Tuesday, organisers declared a machine called LineShine the world’s fastest […]
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Cerebras doubled its revenue. The stock fell anyway.
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Cerebras nearly doubled its revenue and guided 2026 sales above Wall Street’s estimates. Its stock still fell about 10%. The reason was a margin squeeze, caused not by a shortage of chips but by a shortage of buildings. Cerebras just learned the price of going public into a mania. On Tuesday the AI chipmaker posted […]
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Apple’s suppliers are racing to Hong Kong to fund their robot pivot
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Two of Apple’s biggest Chinese suppliers are racing to Hong Kong in the same week. Luxshare wants about $3bn, Lingyi just banked $1.1bn. Both are using the cash to pivot from smartphone parts to AI hardware and humanoid robots. The companies that build your AirPods are quietly raising a fortune. This week two of them […]
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Sentient Foundation launches $42M program to back open-source AGI builders
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For the past several years, the artificial intelligence industry has been moving toward an uncomfortable reality: the most powerful models, infrastructure, and capabilities are increasingly concentrated in the hands of a small number of well-funded companies. While billions of dollars continue to pour into proprietary AI platforms, the open-source ecosystem that helped drive much of […]
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A Princeton grad’s $30M AI detector is selling to Superhuman
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Superhuman, the company that used to be Grammarly, just bought GPTZero, the startup that catches AI writing. The contradiction is the point. As the internet fills with machine-made text, proving something is human is becoming a product. There is a neat irony at the centre of this deal. Superhuman’s biggest product helps people write with […]
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Hadrian’s reported $7.5bn round and the physical-AI rush
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Bloomberg says defense-factory startup Hadrian is in talks to raise as much as $1bn at a $7.5bn valuation. Hadrian calls that “inaccurate”. Either way, the rumour shows how hot physical AI and US reindustrialisation have become. Here is a number, and a denial, in the same breath. Hadrian Automation has discussed a new funding round […]
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Main Capital raised the Netherlands’ biggest-ever fund on boring software
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While public markets panic that AI will gut enterprise software, a quiet Dutch firm just raised €5.25bn on the opposite bet. Main Capital’s pitch: boring, essential software is exactly where the next decade of value sits. Charly Zwemstra has spent 23 years buying software that almost nobody finds exciting. Think hospital appointment systems, municipal tax […]
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Menlo Ventures raises $3bn on the back of one Anthropic bet
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Menlo Ventures has raised $3bn, the biggest haul in its 50-year history. It is funded, in effect, by a single bet on Anthropic that is now worth about $14bn. Most venture funds are sold on a promise. Menlo Ventures’ new $3bn is sold on a receipt. The firm announced the raise on Tuesday, its largest […]
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Walmart buys Vibe.co for $1.4bn to chase Amazon in ads
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Walmart is paying a reported $1.4bn for a connected-TV ad startup worth $410m nine months ago. The price tells you how far retailers will now go to catch Amazon in advertising. Walmart has agreed to buy Vibe.co, a connected-TV advertising platform. Two reports peg the deal at $1.4bn. It would be the retailer’s biggest acquisition […]
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