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Friday, 3 July 2026
AIBloomberg4h ago — you're late

Crusoe is in active talks

Sources: Crusoe is in active talks to raise ~$3B in a funding round expected to value the company in the ~$30B range, up from a ~$10B valuation in October

Crusoe, the data center upstart with contracts to supply AI computing power for the likes of Meta Platforms Inc. and Oracle Corp. …

AIBusiness Insider · 1h ago
Alexandr Wang said Meta's model currently in training, codenamed

Alexandr Wang said Meta's model currently in training, codenamed

Sources: Alexandr Wang said Meta's model currently in training, codenamed Watermelon, matches GPT-5.5 and uses an “order of magnitude more compute than Avocado” — Meta is making significant progress in the AI model race, its superintelligence chief Alexandr Wang told employees today.

TechBloomberg · 39m ago
Letter: chip sector group SEMI, including Micron and Samsung, warns

Letter: chip sector group SEMI, including Micron and Samsung, warns

Government attempts to address the global memory chip shortage by influencing prices or production capacity would worsen …

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