Funding
Canada joins Nvidia in backing Cohere’s record C$7bn Series E (opens thenextweb.com)
Cohere completed the first close of a Series E it aims to grow to as much as C$7bn, which it says would value it at C$35.7bn.
Funding
FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips (opens thenextweb.com)
Seoul-based FuriosaAI, which makes AI inference chips, raised a Series D valuing it at about $2.9bn; South Korea's National Growth Fund put in $280m.
Acquisition
Marvell nears a deal to buy Nvidia-backed Lumentum, Bloomberg reports (opens thenextweb.com)
Bloomberg reports Marvell is in advanced talks to buy Lumentum, which makes the lasers that move data between AI chips; a deal could be announced as soon as next week.
Launch
Baseten’s joey-1 makes AI decisions for a penny per million tokens (opens thenextweb.com)
Baseten's joey-1 is a 2B open-weights decision model that returns an answer and a probability; Baseten says it costs $0.01 per million tokens and answers in about 20ms.
News
Anthropic is SpaceX’s biggest customer, bringing in a third of revenue (opens thenextweb.com)
Bloomberg reports Anthropic made up 34.5% of SpaceX's third-quarter revenue and could spend up to $120.5B on SpaceX computing through 2029.
Gathered from 37 of 50 sources · how to read this
Headlines link to the original source. Confirmed means the company said it, reported means a publication did, and unverified marks a claim nobody independent has checked. How this feed is made
- Hacker News8
- YC Launches6
- Product Hunt0
- TechCrunch10
- Crunchbase News1
- Techmeme4
- StrictlyVC0
- GeekWire0
- SiliconANGLE8
- The Verge0
- Wired0
- The Next Web5
- Sequoia Capital0
- a16z0
- Lenny's Newsletter0
- Not Boring0
- Tomasz Tunguz0
- Latent Space0
- Sam Altman0
- Simon Willison0
- Elad Gil0
- Benedict Evans0
- Andrej Karpathy0
- Dwarkesh Patel0
- Andrew Chen0
- Stripe0
- Interconnected (Kevin Xu)0
- ChinAI (Jeffrey Ding)0
- Sajith Pai (Blume Ventures)0
- OpenAI0
- Google AI0
- Hugging Face0
- GitHub Blog1
- Reddit (startups, founders)0
- Reddit (SaaS, side projects)0
- Reddit (Claude, local LLMs)0
- Reddit (Indian startups)2
- Y Combinator (YouTube)unavailable
- a16z (YouTube)unavailable
- Lenny's Podcastunavailable
- Greg Isenbergunavailable
- Starter Storyunavailable
- My First Millionunavailable
- All-In Podcastunavailable
- Latent Space (YouTube)unavailable
- Every: AI & Iunavailable
- 硅谷101 (Silicon Valley 101)unavailable
- Think School (India)unavailable
- 小红书 (needs your login)unavailable
- X search (needs your login)unavailable