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Anthropic is in early discussions to rent Azure servers powered by Microsoft's custom Maia 200 chips, deepening ties between the AI startup and Microsoft as its OpenAI partnership evolves.
CoreWeave signed a $21 billion expanded agreement with Meta through 2032, lifting backlog to $66.8 billion. However, the company carries $21 billion in debt with an 11% average interest rate, paying 25% of revenue in int
Sealsq Corp develops and sells tamper resistant semiconductors and Post-Quantum technology products, targeting next-gen security.
Runway has raised $860 million to date, including a $315 million round from AMD Ventures and Nvidia, as it pivots from filmmaking to building world models via video generation.
Hyperliquid's HYPE token jumped over 58% to ~$44 after HIP-3 launch, with Arthur Hayes forecasting $150 by August. Meanwhile, KelpDAO lost $293M in an exploit exposing DeFi infrastructure vulnerabilities.
For the first time in the cycle, markets expect the Fed's next move to be a rate hike, with CME Group's FedWatch tool showing a 51% probability of a December hike. Stagflation fears rise as inflation stays high and growt
Market pricing for a 25 bps Fed rate hike by December jumped to 48.4% from 14.3% last week, as incoming Chair Kevin Warsh confronts hot inflation data.
Cerebras nearly failed early on with $8M monthly burn. As part of a loan deal, it agreed not to sell to OpenAI competitors like Anthropic, but the restriction is temporary.
Cerebras, the $60B AI chip company, agreed not to sell to specific OpenAI competitors as part of a loan deal, ensuring OpenAI could get capacity. The restriction is temporary.
Cerebras nearly failed early on, burning $8M per month, but secured a loan deal to exclusively serve OpenAI, temporarily avoiding sales to competitors like Anthropic.
Cerebras went public with a $5.5B IPO, the largest U.S. tech listing in years. Shares surged 68% on debut before falling 10% on Friday, as investors weigh its challenge to Nvidia's AI dominance.
Fed funds futures now price in a 48.4% chance of a quarter-point rate hike by December, up from 14.3% a week ago, as 10-year Treasury yields hit 4.58% and new Fed chair Kevin Warsh prepares for his first meeting.
Osaurus, an open-source LLM server for Mac, lets users run AI locally, addressing privacy concerns in legal and healthcare. Co-founders Terence Pae and Sam Yoo are backed by accelerator Alliance.
Osaurus, an open-source LLM server for Apple hardware, lets users run models locally or switch to cloud. Co-founders Terence Pae and Sam Yoo target privacy-sensitive sectors like legal and healthcare.
JPMorgan predicts Tether may need to sell bitcoin to comply with potential US stablecoin legislation, as the SEC and CFTC discuss regulatory frameworks.
For the first time in this cycle, traders see the next Fed move as a rate hike, with December probability at 51% and March above 71%, per CME FedWatch.
For the first time in the current cycle, markets expect the Fed's next move to be a rate hike, with December hike probability at 51%. The 30-year Treasury yield hit 5%, fueling stagflation fears.
The Clarity Act, a crypto market structure bill, cleared the U.S. Senate Banking Committee with a 15-9 bipartisan vote. It now faces a final test in Congress amid ethics disputes over Trump family crypto ties.
Cerebras Systems, now valued at $60B, nearly failed early on while burning $8M per month. The AI chip startup survived to become a major player in the industry.
Cerebras Systems nearly failed early on, burning $8 million per month. CEO Andrew Feldman described a pivotal moment watching the computer run, leading to its current $60B valuation.
Cerebras opened at $350 per share, nearly double its $185 IPO price, pushing market cap above $100B. CoreWeave launched Sandboxes for RL and agent evaluation, available via Weights & Biases.
Chinese AI companies ByteDance and Kuaishou are outpacing western rivals in AI video generation quality, reshaping the competitive landscape across advertising and entertainment, according to the Financial Times.
Investors now see a 60% chance of a 25 bps rate hike by January 2027 after hotter-than-expected inflation, testing incoming Fed Chair Kevin Warsh's messaging.
Markets now see a 60% chance of a Fed rate hike by January 2027, up from near zero, after inflation data came in hotter than expected. Incoming Chair Kevin Warsh faces a tough messaging challenge.