SpaceX IPO: Live updates on everything you need to know | TechCrunch
…Pre-IPO deals and events Leading up to the IPO, SpaceX locked in a string of deals, mostly selling off compute to improve its balance sheet. Anthropic will pay xAI $1.25B…
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Is xAI a neocloud now? | TechCrunch
…all of the compute capacity at [xAI’s] Colossus 1 data center,” roughly 300MW that allowed Anthropic to immediately raise its usage limits. It’s a huge deal for xAI, likely worth…
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips | TechCrunch
…Consequently, these chips are luring in new multi-billion-dollar deals. Last month, for instance, AWS signed a deal to provide millions of Graviton chips to Meta for its growing AI compute…
Warner Music acquires AI attribution startup Sureel AI | TechCrunch
…The financial terms of the deal were not disclosed. Founded in 2022, Sureel also offers intellectual property provenance, audit and compliance reporting, model optimization, and AI business intelligence. The startup also has…
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Pinterest bets on creators with Amazon Storefront integration | TechCrunch
…The deal comes as Pinterest works to regain its position as a shopping destination, and responds to user complaints about the growing volume of AI-generated content on the platform. Pinterest said…
Ahead of its IPO, Anthropic's Daniela Amodei shrugs off doubts about AI's returns | TechCrunch
…inverse.” Last month, the company surprised the AI industry by partnering with xAI for compute capacity, a deal later disclosed in SpaceX’s S-1 filing to cost Anthropic $1.25 billion…
The hottest place for startups to strike a deal? The F1 paddock | TechCrunch
Over cold drinks in the Florida heat, this TechCrunch reporter watched from the paddock as founders and investors — the rich and the richer — mingled in search of deals. Conversations barely paused, except…
Microsoft taps Alt Carbon in sign of India’s growing role in carbon removal | TechCrunch
…The deal follows reports that suggested Microsoft — the world’s largest buyer of carbon-removal credits — had paused parts of its carbon-removal procurement program. The company rejected those claims , saying it…
How Justin Ernest invested nearly $500M into hot startups without a traditional VC fund | TechCrunch
…He then offers these individual deals to a group of about 30 smaller institutional investors using special purpose vehicles (SPVs), single-asset funds, and nominee structures. In the latter, his firm, Sabertooth…
Runway started by helping filmmakers — now it wants to beat Google at AI | TechCrunch
…He said that if Runway wants to turn its world model bet into reality, it will need to continue gathering resources — compute chief among them. Runway has deals with CoreWeave and Nvidia…