Why the US government is not the savior Intel needs
Intel doesn’t need cash. Instead, the struggling semiconductor giant needs to figure out how to drum up interest for its foundry business.
Coinbase CEO explains why he fired engineers who didn’t try AI immediately
After getting licenses to cover every engineer, some at the cryptocurrency exchange warned Armstrong that adoption would be slow, predicting it would take months to get even half the engineers using AI.
Apple gets ready for AI in the enterprise with new ChatGPT configuration options
Apple will let businesses configure ChatGPT enterprise access in the fall.
US government plans to take a 10% stake in Intel
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
Nvidia reportedly halts production on its H20 AI chips
Beijing is reportedly urging Chinese companies to turn to domestic chips just weeks after Nvidia got the green light to sell in China again.
Gas power plants approved for Meta’s $10B data center, and not everyone is happy
Meta’s massive data center will draw power from three gas-fired power plants producing 2.25 gigawatts.
Anthropic bundles Claude Code into enterprise plans
The integration positions Anthropic to better compete with command-line tools from Google and GitHub, both of which included enterprise integrations on launch.
Meta to add 100 MW of solar power from U.S. gear
The social media company is adding another tranche of solar to power a new AI data center in South Carolina.
Deel scores a lawsuit win, but not against Rippling
While Deel is calling this a “Rippling-aligned” suit, it’s not the lawsuit filed by Rippling involving an alleged corporate spy.
Databricks CEO says fresh $1B will help him attack a new AI database market
The round, which pushes Databricks’ valuation to $100B, was co-led by Insight Partners and Thrive. CEO Ali Ghodsi says he’s found an enormous untapped AI agent market to spend the funds.