Nvidia’s reportedly asking Chinese customers to pay upfront for its H200 AI chips
Nvidia is now requiring its customers in China to pay upfront in full for its H200 AI chips even as approval stateside and from Beijing remains uncertain.
In Brief
Larry Page loosens business ties to CA amid state’s proposed wealth tax, report
Larry Page is reportedly moving assets out of California over concern the state will vote in a tax on billionaires.
Shopify competitor Swap raises $100M six months after raising $40M
VC firms DST Global and Iconiq are piling into e-commerce startup Swap Commerce, which is going up against Shopify.
Wearable health devices could generate a million tons of e-waste by 2050
The most surprising part is that the plastic isn’t the biggest problem.
Meta pauses international expansion of its Ray-Ban Display glasses
Meta had originally planned to launch the glasses in France, Italy, Canada, and the U.K. in early 2026.
Nvidia acquires AI chip challenger Groq for $20B, report says
With Groq on its side, Nvidia is poised to become even more dominant in chip manufacturing.
ServiceNow to acquire cybersecurity startup Armis for $7.75B
The deal is expected to yield significant returns for Armis investors, including Sequoia, CapitalG, and Insight Partners.
John Carreyrou and other authors bring new lawsuit against six major AI companies
These authors rejected Anthropic’s class action settlement, arguing that “LLM companies should not be able to so easily extinguish thousands upon thousands of high-value claims at bargain-basement rates.”