Kleiner Perkins-backed Ambiq pops on IPO debut
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
The 15-year-old chipmaker saw its shares climb 61% above its IPO price by the close of its first trading day.
Mark Zuckerberg really believes AI glasses will be the ideal way to blend the physical and digital worlds together.
Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure – like data centers and servers.
“We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said.
Meta is shifting how it plans to ensure widespread access to superintelligence, a suggestion that the company’s most advanced AI may remain closed so that Meta can stay in the driver’s seat.
PlayerZero landed angel investors like Databricks’ Matei Zaharia, Dropbox’s Drew Houston, Figma’s Dylan Field, and Vercel’s Guillermo Rauch, its founder says.
I reported last week that OpenAI is planning to launch GPT-5 in early August, as part of an effort to simplify and combine its large language models. Just a day after my report, references to GPT-5 were spotted inside Microsoft’s Copilot web app, hinting at a new smart mode. Sources familiar with Microsoft’s AI plans […]
A marketing automation startup called Conversation has a founding story that sounds like it could have been an episode of the HBO show “Silicon Valley.”
A marketing automation startup called Conversation has a founding story that sounds like it could have been an episode of the HBO show “Silicon Valley.”
Hours before Meta’s earnings call, CEO Mark Zuckerberg shared his vision for the future of AI: personalized super-smart AI for everyone — especially in the form of wearable glasses. He said his vision is for everyone to have an AI tool that “helps you achieve your goals, create what you want to see in the world, […]