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Super Micro Contractor Pleads Guilty in $2.5B AI-Chip Smuggling Case
Reuters, Oct 9: Ting-Wei "Willy" Sun, a contractor linked to Super Micro, pleaded guilty Thursday in Manhattan…
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OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
FT, midday ET Oct 8: OpenAI told investors its annualized revenue was "approaching $50 billion" at end-Septemb…
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White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies
White House fact sheet, Oct 8: at the October 7 "Science: A New Golden Age" summit, 11 companies including NVI…
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Microsoft × NVIDIA Start Selling Surface Laptop Ultra: Runs 120B Models Locally, Top Config ~$7,000
Microsoft × NVIDIA officially started selling the Surface Laptop Ultra at their Oct 7 (ET) San Francisco event…
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Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer
WSJ first reported Oct 6 (Reuters/TechCrunch followed): Nvidia-backed AI compute cloud Lambda is raising up to…
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Etched Fields $40–50B Funding Bids: No Shipped Chips at Scale, Valuation Doubles in Three Months
TechCrunch first reported Oct 5: AI inference-chip startup Etched is fielding $40–50B funding bids, after a $7…
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DeepSeek Nears $12B Funding Round with Tencent and CATL, Doubling Its Original Target
Per Bloomberg on October 6 (via Reuters), DeepSeek is close to securing at least 80 billion yuan (~$12 billion…
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DOJ Arrests California Tech Firm Owner Over Alleged $300M AI Server Smuggling to China
On 10/1 the DOJ arrested Earthmade Computer owner Greg Lui, accusing him of smuggling $300M+ in export-control…
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Broadcom Reportedly to Provide Anthropic Up to $42B in Financing to Rent Broadcom Chips
Per Reuters' Oct 1 exclusive, Broadcom committed up to $42B in Anthropic's IPO filing — for leasing Broadcom's…
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AMD to Acquire Fei-Fei Li's World Labs for $8.2B; Li to Become Chief Scientist
AMD announced a definitive agreement to acquire spatial-intelligence startup World Labs, founded by Fei-Fei Li…
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NVIDIA Launches Open-Source Agent Safety Platform: Software Sandbox Plus Chip-Level Hardware Watchdog
NVIDIA today launched the Open Agent Safety Platform: open-source runtime OpenShell sandboxes agents while har…
