Latest stories
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D-Wave revenue growth and the hardware gap
D-Wave reported a 42% increase in June quarter revenue to $3.1 million while its Advantage2 system with over 4,400 qubits outperformed classical…
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CoreWeave closes $3.1 billion debt facility and $1.5 billion notes
CoreWeave secured a $3.1 billion delayed draw term loan and a $1.5 billion senior notes offering to fund AI infrastructure. The company…
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Mistral AI Le Chat vs Anthropic Claude 3.5 Sonnet for EU enterprises
Mistral AI offers lower costs and native EU data residency via La Plateforme, while Anthropic’s Claude models provide superior reasoning capabilities. Enterprises…
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Magic AI scales with LTM-2 and $320 million in Series C funding
Magic secured $320 million in Series C funding to advance its LTM-2-mini model, which utilizes Long-term Memory Network technology to process up…
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The $50B Grok-3 rollout faces massive power and regulatory hurdles
xAI faces significant infrastructure challenges as Memphis utility MLGW warns that expanding the Colossus facility to 1 million GPUs could double power…
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The evolution of DeepMind
Demis Hassabis and his co-founders established DeepMind in 2010 to develop general-purpose AI. The company’s 2016 AlphaGo victory over Lee Sedol demonstrated…
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Sakana AI’s evolutionary approach to Japanese AI sovereignty
Sakana AI utilizes evolutionary model merging to build efficient AI ecosystems, achieving a $2.65 billion valuation. This strategy leverages existing open models…
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Cognition’s Devin AI and the shift to autonomous coding
Cognition AI reached a $48 billion valuation following a $2 billion Series E funding round to support Devin, an autonomous AI software…
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The shift from Sora to Runway’s enterprise video production
Runway aims to capture the professional video market following OpenAI’s decision to shut down Sora’s web app and API. The company’s business…
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The economics of Groq’s LPU and the NVIDIA inference price war
Groq’s LPU architecture delivers 750 tokens per second for Llama 3.1 8B, providing 21x more value per dollar than NVIDIA H100 hosting.…
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The history of Graphcore and its IPU architecture
Nigel Toon and Simon Knowles founded Graphcore in 2016 to challenge NVIDIA with Intelligence Processing Units. Despite the Colossus MK2 GC200 chip…

