Tech CEOs are apparently suffering from AI psychosis | TechCrunch
…Evans swore this wasn’t done to reduce costs. Instead, he wants a workforce composed of people who run AI agents and spend their days quickly reviewing the agents’ work. He believes…
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Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand | TechCrunch
Fervo Energy, the geothermal energy startup, saw its market valuation surpass $10 billion in its public market debut, an increase driven by demand for AI data centers — and the energy that can…
Uber caps employee AI spending after blowing through budget in 4 months | TechCrunch
…caps employee AI spending after blowing through budget in 4 months AI is getting expensive , and some companies are cutting back on usage in an attempt to moderate costs. That cohort includes…
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high | TechCrunch
…Hence, Prince insisted, the 20% cuts were not to reduce expenses but were strictly because of its use of AI. “Today’s actions are not a cost-cutting exercise or an assessment…
Sam Altman makes 'mic drop' offer to every Y Combinator startup | TechCrunch
…The pro-deal folks believe the deal helps startups eliminate one of their biggest costs — AI infrastructure bills, which can spiral fast and consume a disproportionate share of an early-stage startup…
Anthropic releases Claude Fable, a version of Mythos, days after warning AI is becoming too dangerous
…Many enterprises are growing critical of AI costs after seeing the bills come in or blowing through their yearly AI budgets early. Advanced models like Opus 4.8 can exacerbate those issues…
Water access is now a risk factor in SpaceX's IPO | TechCrunch
…The company, which now includes Elon Musk’s AI company, xAI, wrote in an amended version of the filing on Monday that access to water — required to cool its data centers — is…
Has the hunt for AI compute uncovered the next Cerebras? | TechCrunch
…value in the AI future. Inference clouds are implicit bets on a world of multiple models and agents, one where no single provider dominates and speed and cost of inference become the…
This chip startup just raised $135M on a bet that AI's biggest bottleneck isn't compute -- it's memory | TechCrunch
…If it works at scale, the implications for AI infrastructure costs could be significant, which largely explains investor enthusiasm around the company. Indeed, XCENA just raised $135 million in a Series B…
Waymo's newest robotaxi is Chinese-made, built to make money, and now accepting riders | TechCrunch
…an all-electric, minivan-like vehicle that is designed to lower costs and handle the use and abuse of hundreds of thousands of riders. Waymo said Thursday it will eventually expand access…