Latest
Most popular
Tenstorrent Nears $3 Billion Valuation in Fidelity-Led RoundExclusive

Tenstorrent Nears $3 Billion Valuation in Fidelity-Led Round

Chip startup Tenstorrent has been in talks to raise at least $800 million in a deal led by current investor Fidelity Management, according to two people with direct knowledge of the talks. The investment would value the Toronto-based firm at around $3.2 billion before the investment, a 60% increase from its valuation not including the investment last year, one of the people said. The funding round highlights continued investor interest in startups hoping to unseat Nvidia’s domination of the...

Google Releases Gemini 3.0 Model

The new model has improved on its predecessor on all major AI benchmarks, including reasoning and solving problems involving mediums other than text.

Cloudflare Back Online After Software Glitch Triggers Major Outage

Cloudflare, which operates a content delivery network used by many major websites, apologizes for an outage that took down retail, food delivery and other services.

Kraken Raises Funding From Citadel Securities at $20 Billion Valuation

The crypto exchange has raised $800 million this year ahead of its planned IPO next year.

John Hegeman Steps Down as Meta’s Chief Revenue Officer

Clara Shih, head of the business AI unit, is also leaving the company

Meta Wins FTC Antitrust Case

Meta CEO Mark Zuckerberg testified in the case earlier this year.

Microsoft, Nvidia Invest in Anthropic; Anthropic to Spend $30 Billion on Azure

Anthropic’s existing shareholders include Amazon and Google, and it has primarily relied on cloud servers from those two firms to run its models.

Featured Newsletters

The Briefing
Five times/week

The Briefing

Get smarter about the most important stories in tech, media and finance by following Silicon Valley’s most-read executive newsletter.

Dealmaker
Two times/week

Dealmaker

Reporters Cory Weinberg and Katie Roof tell you what’s coming next, who’s winning—and who’s losing—in the high-stakes world of startup investing.

Applied AI
Two times/week

Applied AI

A new The Information franchise that will take you inside how businesses are using AI to automate all kinds of work.

View all

Larry Summers to Withdraw from Public Roles Over Epstein Links

Summers has been a member of OpenAI’s board of directors since 2023

Exclusive: Murati’s Thinking Machines Aims to Raise Up to $5 Billion

The funding would more than triple the money it's raised.

Bezos Founds New AI Startup With Over $6 Billion in Funding

The project marks the first time Bezos has taken on a formal operational role since stepping down as Amazon’s CEO in mid-2021.

What happens when Silicon Valley logs off—the trends, people and companies shaping tech culture.

View all

Search our community Directory to engage with others who are serious about tech and business.

Read more