Enterprise

Trump administration’s deal is structured to prevent Intel from selling foundry unit

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The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. Intel’s CFO David Zinsner shared new details about the company’s recent deal with the Trump administration, which gave the U.S. government a 10% equity stake, at a Deutsche Bank conference on Thursday, according to reporting […]

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Nvidia reports record sales as the AI boom continues

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Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. Nvidia also saw its net

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Malaysia’s SkyeChip unveils the country’s first edge AI processor

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Malaysia has developed its first domestic edge AI processor. Malaysian chip design company SkyeChip announced its MARS1000 processor at an industry event on Monday, Bloomberg reported. While an edge processor isn’t as powerful as an advanced Nvidia chip, it still represents a technological milestone for Malaysia, which is looking to play a bigger role in

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Microsoft headquarters go into lockdown after activists take over Brad Smith’s office

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Protesters stormed Microsoft’s Redmond headquarters on Monday and made it into president Brad Smith’s office in Building 34, forcing a temporary lockdown. The “No Azure for Apartheid” group reportedly live-streamed their sit-in on Twitch, hoisting banners, chanting ‘Brad Smith, you can’t hide, you’re supporting genocide!’ and posting a mock legal summons charging Smith with “crimes

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Coinbase CEO explains why he fired engineers who didn’t try AI immediately

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It’s hard to find programmers these days who aren’t using AI coding assistants in some capacity, especially to write the repetitive, mundane bits. But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky

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Gas power plants approved for Meta’s $10B data center, and not everyone is happy

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When Meta selected a site in Louisiana for its largest data center to date, it signed a deal with Entergy to power the site with three massive natural gas power plants. Yesterday evening, a state regulator approved Entergy’s plans. The power plants are expected to come online in 2028 and 2029, and at full strength,

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Databricks CEO says fresh $1B will help him attack a new AI database market

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Databricks is in the process of closing a fresh round at a $100 billion valuation, sources confirmed to TechCrunch. The round was originally reported by the Wall Street Journal. A source familiar with the deal tells TechCrunch exclusively the new round is about $1 billion, and was wildly oversubscribed. Databricks, best known for its data analytics

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Aalo Atomics raises $100M to build a microreactor and data center together

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Nuclear startups have been soaking up attention from hyperscalers and cash from investors. Aalo Atomics is the latest beneficiary of the big tech-small nuclear love affair, raising $100 million in a Series B, the company announced today. The startup plans to flip the switch on its first reactor in the summer of 2026, CEO Matt

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CPG startup Keychain snags $30M to build in India, grow in the U.S.

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Keychain, a U.S. startup that helps consumer brands find manufacturing partners, has raised $30 million in fresh funding as it looks to scale its India-based development team to drive growth in North America. While headquartered in New York, Keychain operates as a distributed company with its core engineering and product development centered in India. The

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