Semiconductor giant AMD followed through with its plan to spin out ZT Systems’ server-manufacturing business. AMD announced on Monday that it was selling ZT Systems’ server-manufacturing business to electronic manufacturing services company Sanmina. The $3 billion deal is a mix of cash and stock: $2.25 billion in cash; a $300 million premium, including 50% cash […]

Chips are a critical component of the AI industry. But new chips don’t hit the market with the same speed as new AI models and products. Cognichip has a lofty goal of creating a foundational AI model that can help bring new chips to market faster. San Francisco-based Cognichip is working to build a physics-informed […]

Enterprises want access to new software and AI tools but can’t risk sending their sensitive data out to a third-party software-as-a-service (SaaS) providers. Tensor9 looks to help software companies land more enterprise customers by helping them deploy their software directly into a customer’s tech stack. Tensor9 converts a software vendor’s code into the format needed […]

After a week or so of rumors, the U.S. Department of Commerce (DOC) formally rescinded the Biden administration’s Artificial Intelligence Diffusion Rule days before it was set to go into effect. The Artificial Intelligence Diffusion Rule, which was introduced by former president Joe Biden in January and set to come into force on May 15, […]

Microsoft is hosting its annual Build developer conference next week from May 19 to 22. The event is guaranteed to include announcements regarding new AI integrations, services, and apps, including for Windows. At last year’s Build, Microsoft announced an integration of Copilot into Microsoft Teams, Copilot+ AI-powered PCs, Windows Volumetric Apps for Meta Quest headsets, […]

It’s already been a tumultuous year for the U.S. semiconductor industry. The semiconductor industry plays a sizable role in the “AI race” that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel’s appointment of Lip-Bu Tan to CEO — who wasted no time getting to work […]

Enterprise workflow management platform ServiceNow on Wednesday announced its second AI-related acquisition this year. ServiceNow said that it has signed a definitive agreement to acquire Data.World, a cloud-native data catalog and data governance platform. Austin, Texas-based Data.World was founded in 2015 and previously raised more than $130 million in venture financing from firms such as […]

Amazon is making a sizable investment to support new and existing Amazon Web Services (AWS) customers in Chile. The tech conglomerate announced on Wednesday that it will pour more than $4 billion into building an AWS infrastructure region of data centers in Chile by the end of 2026. The investment will go toward establishing three […]

In 2017, Raghav Gupta set out to solve a personal problem: He wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led him to found the startup Posha. Posha, a former TechCrunch […]

While many tech companies are mandating that their employees return to their offices, and putting an emphasis on building in-person teams, they are also turning in droves to Latin America to find developer talent — especially for post-training AI models. Revelo, a full-stack platform of vetted developers in Latin America, is seeing a new surge in […]

Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Diffusion,” which would impose sweeping AI chip export restrictions starting May 15. The next day, Nvidia responded with a very different take on […]

After nearly 13 years in business, Fivetran will now be able to offer its customers an end-to-end data movement solution. Fivetran, which helps enterprises move data from a variety of sources into cloud databases, announced on Thursday it has acquired Census, a reverse extract, transform, and load (ETL) platform that enables companies to transfer data […]

An executive cautioned during Microsoft’s earnings call on Wednesday that customers might face AI service disruptions as demand outstrips the company’s ability to bring data centers online. Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call that the company may face AI capacity constraints as early as June. “We […]

Anthropic agrees with the U.S. government that implementing robust export controls on domestically made AI chips will help the U.S. compete in the AI race against China. But the company is suggesting a few tweaks to the proposed restrictions. Anthropic released a blog post on Wednesday stating that the company “strongly supports” the U.S. Department […]

Chinese tech conglomerate Huawei is looking to take on semiconductor behemoth Nvidia with a new advanced AI chip. Huawei is making progress developing its latest Ascend AI GPU, the Ascend 910D, according to the Wall Street Journal, citing sources familiar. The company has been reaching out to other Chinese firms to find test partners, the […]

Nestled between an elementary school and a public library in Brooklyn’s Greenpoint neighborhood sits a new kind of “luxury” coworking space.  Dubbed the Chat Haus, this space has many of the elements you’d find in a traditional coworking office: people hammering away at their computer keyboards, another person taking a phone call, someone else pausing […]

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continue to invest with Intel’s interests in mind. “We have made […]

Chess.com reaches a new membership milestone as it nears its 20th birthday. Chess.com, the online chess platform that was founded in 2005 and launched in 2007, has surpassed 200 million members. Of those 200 million members, 1.5 million are paying users. More than 20 million games of chess are played every day on the platform. […]

Tech and consulting giant IBM was not immune to the Department of Government Efficiency’s (DOGE) cuts. IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future payments, per Bloomberg. Federal contracts represent […]

The tech market doesn’t need to be soaring up and to the right to foster healthy M&A activity. Deals can get done even in down markets. But can M&A thrive in an uncertain market? That’s a harder question. The venture market soured in 2022 as fundraising and exits largely dried up. Since then, venture investors […]