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tech/startups

AI Chip Startup Etched Doubles Valuation to $21 Billion in Under a Month

AI chip startup Etched has achieved a significant milestone, with its valuation reportedly doubling to $21 billion in under a month following its latest funding round, according to Reuters. Etched joins a crowded field of chip startups aiming to capture market share from established players like Nvidia by designing processors

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Google Reportedly Shifting All Pixel Production Out of China

Google is planning to relocate all Pixel device production out of China beginning next year, sources familiar with the matter told Nikkei Asia. The company has reportedly notified its suppliers of the decision, signaling a major strategic shift for its hardware manufacturing operations. The move would see Pixel production redirected

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Anthropic Reaches $65B Annualized Revenue Milestone

Anthropic has reached a significant financial milestone, with the company's annualized revenue now standing at $65 billion. This represents an increase of $18 billion in annualized revenue over just two months, reflecting the accelerating commercial adoption of Anthropic's AI offerings. The rapid growth underscores the competitive

Nvidia Provides $105 Billion Guarantee for OpenAI's Ohio Data Center

Tech giant Nvidia is extending significant financial support to OpenAI's ambitious data center expansion in Ohio, with guarantees reaching up to $105 billion, according to multiple reports. The financing arrangement underscores the growing financial ties between the two companies as the demand for AI computing infrastructure continues to

Gravis Robotics Secures $200M to Scale Autonomous Construction Technology

Gravis Robotics has secured $200 million in funding to accelerate the development and deployment of its autonomous construction technology. The company specializes in designing autonomy AI and hardware systems compatible with a wide range of excavators and other construction equipment. With this new capital, Gravis Robotics plans to scale its

AI Video Startup Higgsfield Sees Valuation Surge to $5.4 Billion

Higgsfield has emerged as one of the fastest-growing AI startups, with its valuation reportedly jumping fourfold to $5.4 billion over the past six months. The company's rapid ascent reflects the broader surge in demand for AI-generated content across industries, as businesses increasingly adopt synthetic media tools for

Trump Crypto Firm Backs AI Venture Involving Restricted Chinese Companies

World Liberty Financial, the cryptocurrency venture linked to former President Donald Trump, has invested in a new artificial intelligence venture that sources technology from Chinese companies currently under U.S. export restrictions, according to multiple reports. The venture represents an intersection of the cryptocurrency and artificial intelligence sectors, with backing