The Nvidia-backed AI video firm joins Anthropic and OpenAI in betting on London, citing customers including the BBC, Fremantle and WPP. Runway is making London its European headquarters and has pledged to put more than $200m into the UK’s AI ecosystem by the end of 2028, the company told CNBC on Monday. The New York […]
Jensen Huang spent a portion of his Computex keynote reading out a guest list. Anthropic, OpenAI, SpaceX and Oracle, the Nvidia chief executive told the audience in Taipei on Monday, are among the first big users of Vera, the company’s new in-house processor. Nvidia, a firm that built its empire on graphics chips, would now […]
Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no longer resolve the structures buried inside. Invisix, an Eindhoven startup spun out of […]
New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […]
European tech has a confidence problem that has little to do with its results. The companies are there, the exits are there, and yet the dominant story has long been one of catching up to Silicon Valley. Balderton Capital wants to change the register. On Monday it launched “Built in Europe,” a campaign backed by […]
The fight over who makes the world’s chips is increasingly a fight over the parts of a chip nobody photographs. India has just landed one of them. Intel and 3D Glass Solutions have signed an agreement to build a roughly $3.3 billion substrate-manufacturing plant in the eastern state of Odisha, the government announced on Friday. […]
The world’s largest sovereign wealth fund does not often pick a fight with a company it owns. When it does, the size of the holder makes the gesture hard to ignore. Norges Bank Investment Management, which runs Norway’s $2.3 trillion oil fund, will vote in favour of shareholder proposals calling for a human-rights review at […]
Leica makes cameras that cost more than most people’s cars and are bought, in large part, for the red dot on the front. So there is a certain logic to a brand built on scarcity and prestige now being courted by a buyer with a taste for both. HSG, the Asian investment firm formerly known […]
The way to read the latest Anthropic financing is to notice who is not borrowing the money. Apollo Global Management and Blackstone are arranging roughly $36 billion of debt, but the loan does not sit on Anthropic’s balance sheet. It buys chips, and the chips get leased back. The two firms are bringing additional investors […]
Meta’s $7.99-and-$19.99 chatbot tiers and OpenAI’s push into advertising mark the moment the AI revenue-model question becomes a cross-cutting collision. Meta’s decision to begin selling consumer subscriptions to its Meta AI chatbot at $7.99 and $19.99 a month, announced on Tuesday, lands at exactly the moment OpenAI and xAI are visibly moving the other way: into […]
