Thursday, March 20, 2025

GTC felt more bullish than ever, but Nvidia’s challenges are piling up

Nvidia took San Jose by storm this year, with a record-breaking 25,000 attendees flocking to the San Jose Convention Center and surrounding downtown buildings. Many workshops, talks, and panels were so packed that people had to lean against walls or sit on the floor — and suffer the wrath of organizers shouting commands to get […]

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Apple faces lawsuit over Apple Intelligence delays

Apple has been sued in federal court over what plaintiffs allege is false advertising of several Apple Intelligence features. Filed Wednesday in U.S. District Court in San Jose, the suit seeks class-action status and damages on behalf of those who purchased Apple Intelligence-capable iPhones and other devices. Plaintiffs claim that device owners haven’t received the […]

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Threads adds new features to highlight topics and limit replies

Meta’s social network Threads, an X competitor with more than 320 million monthly active users, is now rolling out new features related to topics, reply controls, and video playback in the app, among other things. It’s also making political content suggestions more personalized to the user, the company says. Combined, the features aim to make […]

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X sues India over ‘unrestrained censorship’

Elon Musk-owned social media platform X is suing the Indian government, accusing the country’s IT ministry of unlawfully expanding its powers to remove online content, Reuters reported Thursday. X has long chaffed at government orders to remove or block content in the country, such as during the farmers’ protests last year. Though it ended up […]

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One of Tesla’s top Wall Street supporters says Elon Musk faces a ‘moment of truth’

An analyst who is one of the biggest boosters of Tesla on Wall Street says Elon Musk is facing a “moment of truth” at his EV company because of a “crisis” he’s created by spending so much in the Trump administration. The analyst, Wedbush’s Dan Ives, pleaded with Musk in a note published Thursday to […]

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Airbyte launches new connectors to help companies better leverage their data

Open-source data movement company Airbyte is launching additional connectors to help enterprises better utilize their data in the age of AI without compromising data sovereignty. The San Francisco-based startup announced on Thursday that it’s releasing a host of new capabilities designed to enable customers to securely move corporate data without tapping SaaS applications. The new […]

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Wednesday, March 19, 2025

Michael Seibel is leaving Y Combinator

Michael Seibel announced late Wednesday on X that after more than 12 years at Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news separately in a company blog post, highlighting Seibel’s long history with the accelerator. Seibel first joined YC as a founder, going through the […]

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ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth […]

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SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]

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How a $6M bet on Wiz turned into a massive 200x return for one early backer

Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s […]

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OpenAI’s o1-pro is the company’s most expensive AI model yet

OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.” Currently, it’s only available to select developers — those who’ve spent at least $5 on OpenAI API services — and it’s pricey. Very […]

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