Hyperbolic, which lets companies rent AI compute across ~30 neoclouds
Hyperbolic, which lets companies rent AI compute across ~30 neoclouds, raised a $30M Series A-1 led by Lip-Bu Tan's Walden Catalyst; it has raised $50M to date
TL;DRStartup lets companies rent AI compute from multiple cloud providers; raised $30M Series A-1.
Why it matters: Reduces vendor lock-in, increases competition among AI cloud providers, potentially lowers compute costs.
Data analytics provider Hex Technologies
TL;DRAnalytics startup Hex raises $100M at $1.2B valuation to build AI-agent-focused platform.
Broccoli AI, which sells AI agents
TL;DRPlumbing software startup Broccoli AI raised $52M in back-to-back funding rounds at $300M valuation.
Latest
Letter: the White House argues it doesn't have
White House refuses to release full AI testing framework draft, citing security and business secrets.
A look at Binance's efforts
Binance assembled a 100-person crisis team to handle a major hack with FBI and industry coordination.
Macquarie Executive Sees AI Fast-Tracking Junior Analyst Careers
Macquarie exec says AI will accelerate junior analyst careers, not replace them.
UBS Asia Wealth Chair: Hiring Selectively Amid Growth
UBS is hiring carefully in Asia despite the region's strong growth prospects.
Capital Group: Will Open Mideast Office in November
Capital Group opening Middle East office in November to tap regional investment opportunities.
Binance Reopens to $3.64 in Net Outflows. '98% Choose to Stay', Says
Binance lost $3.64 billion in withdrawals after reopening following a $6.3 billion breach.
Singapore’s STTGDC Eyes $2.4 Billion Loan, Adds to AI Debt Binge
Singapore data center operator STT GDC seeking $2.4B loan to fund AI infrastructure expansion.
How long is a new Apple TV actually supposed to last?
Apple TV support varies; past models lasted well, but no guarantees.
6 Google Maps features that work better on Android Auto vs. CarPlay
Google Maps works better on Android Auto than Apple CarPlay in six ways.