DeepSeek doubled its latest round's size due
Sources: DeepSeek doubled its latest round's size due to surging black market Nvidia Blackwell chip prices, with Chinese state-owned investors representing 27%
TL;DRDeepSeek raised $16B partly because expensive Nvidia chips made AI development costlier than expected.
Why it matters: Shows China's AI ambitions require massive capital despite US export restrictions, reshaping global AI competition.
S-1: Anthropic says it heavily depends on TSMC chips made in Taiwan
TL;DRAnthropic relies on Taiwan-made chips and warns geopolitical tensions could disrupt supply.
On Amazon's earnings call, Andy Jassy says outside AI shopping agents
TL;DRAmazon's CEO says rival AI shopping agents aren't ready to threaten Amazon's business yet.
Latest
CrowdStrike: China-linked hackers used AI tool ARTEX with a DeepSeek
China-linked hackers used AI tools to attack 200+ organizations in 11 days.
Indian AI infrastructure company AM Intelligence seeks
Indian AI startup AM Intelligence raising $3B to buy Nvidia's Vera Rubin observatory systems.
Binance Hack 'Not End of World,' Says Crypto Pioneer
Binance hack doesn't signal crypto's collapse, says industry veteran.
Envision to Complete Massive Inner Mongolia Data Center
Chinese firm building 3-gigawatt data center in Inner Mongolia, finishing by 2028.
Exclusive: Cybersecurity Startup Cyera Discusses $20 Billion Valuation
Cyera, an AI-focused cybersecurity startup, is raising funds at a $20B valuation.
PC chip plunge wipes out a quarter of Intel’s value
Intel's stock plummets as production issues threaten to derail datacenter growth.
NYSE owner ICE plans US-regulated Hyperliquid-based perpetual markets
NYSE owner ICE is backing a regulated crypto derivatives platform built on Hyperliquid.
Big Tech’s $750 Billion AI Bet Collides With Slowing Core Growth
Tech giants are spending $750B on AI while their main revenue sources slow down.
Odd Lots: What Wall Street Really Thinks About the AI Trade Now
Wall Street is getting skeptical about AI stocks despite recent wins from Anthropic and Microsoft.