Neocloud Lambda secures $1B in debt to buy more chips
Neocloud Lambda has raised $1B in private debt to buy Nvidia AI chips and lease them to Microsoft. It's the latest in a string of loans, underscoring the high cost of the AI boom.
I’m 19, and I’ve watched more than 200 brands quietly give up on influencers
I’m 19, and I’ve had an odd seat for the last couple of years of the creator economy. My company runs a marketplace that connects consumer brands with creators, and it’s grown to …
An Anthropic researcher just gave us a peek at self-improving AI
Given 10 benchmarks for specific misaligned behaviors, the automated systems were able to improve performance on every single one without degrading overall performance.
Brave’s browser one-ups Chrome with its new support for email aliases
The feature, announced this week, allows Brave's users to sign up for websites and other online services without having to share their personal email addresses.
Lucid recalls 27,185 Air sedans over a software fuse that did not cut the power
Lucid is recalling 27,185 Air sedans because the software eFuse protecting their exterior lighting circuits can allow overheating, with owners told to park away from structures un…
Open-weight AI companies are the Valley’s hottest acquisition targets
There's a lot of capital pouring into the business of giving models away.
Lambda inks $1B private debt for Nvidia chip deal
Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius,…
Meta’s glasses now stop recording if you cover the LED
Meta has updated its smart glasses so the camera stops when someone covers the recording light, the second such fix in two months, and is running an ad campaign explaining what th…
How Sweden built one of Europe’s hottest startup ecosystems
Sophia Bendz, general partner at Cherry Ventures, stopped by Equity to break down the latest in the Swedish tech ecosystem.
BMW has sold two million electric cars, and Europe bought seven in ten of the ones it shifted last quarter
BMW has delivered its two millionth fully electric vehicle, an i5 M60 xDrive built at Dingolfing and handed to a customer in Spain. Europe accounted for 81,445 of the 116,807 batt…
More Americans oppose police license plate cameras than support them: survey
The backlash against license plate readers comes amid a wave of police abuses of surveillance cameras.
Friend-focused photo sharing app Retro snags $21M
Retro, a friend-focused photo-sharing app built by former Instagram employees, has raised more than $21 million in Series A funding.
France’s Pasqal is public, with $360M and a valuation of about 100 times revenue
Pasqal began trading on Nasdaq on Friday under the ticker PSQL, five months after announcing it would go public through a special purpose acquisition company. Shares surged on the…
Apple TV is raising its subscription prices again
Now, Apple TV subscriptions will cost $14.99 per month, up from its previous price of $12.99 per month.
a16z has raised $1.1bn to invest in the physical layer of AI
Andreessen Horowitz has closed a $1.1bn fund that will invest exclusively in hardware. The Machine Age Fund, announced on Friday, covers the physical layer artificial intelligence…
a16z creates a $1.1B ‘Machine Age’ fund to ‘accelerate the physical buildout of AI’
The firm, known for its focus on software, is going to start throwing more money at the hardware behind AI.
Anthropic gets its first court win over the Pentagon’s supply chain risk label
A federal judge ruled the Trump administration illegally labeled Anthropic a supply chain risk, handing the AI company a victory as its second Pentagon lawsuit continues in Washin…
Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India
Sandhya Devanathan will oversee some OpenAI operations across Southeast Asia and Australia in her new role.
Lovable has the .com now, and it belonged to an Italian lingerie brand
If you type lovable.com into a browser now, you land on a vibe-coding platform valued at $13.3bn. If you had typed it a month ago, you would have landed on an Italian underwear co…
SoftBank seeks a second $10bn loan against its OpenAI stake
SoftBank is seeking a further $10bn loan to fund its OpenAI stake, Bloomberg reported on Friday. It closed a loan of exactly that size, secured against the same asset, 22 days ear…
Nvidia has paused parts of the revenue-sharing programme it launched in July
Nvidia has halted some of the transactions under the financing programme it introduced eight weeks ago, in which it extends credit to AI cloud companies buying its chips and takes…
Anthropic planned a $7bn takeover of chip startup MatX, then walked away
Anthropic got far enough into a plan to buy the AI chip startup MatX to have a number attached to it, roughly $7bn, before the deal stopped moving. Reuters reported the talks on T…
As electric two-wheelers gain a foothold, Belgian startup Any bets on cargo space
Launched by Belgian startup Any, LUV1 is a modular electric motorcycle with 120 liters of cargo space that can be used to carry bags, work equipment, or even pets.
Google stops demoting EU publishers under its spam policy from Sunday
From Sunday, a European news publisher that runs sponsored content on its site will no longer be at risk of a manual demotion in Google Search. Google confirmed the change on Frid…