India moves to extend Apple-friendly tax breaks for contract manufacturing

India wants to keep Apple building. The government has proposed extending a tax break for foreign firms that supply manufacturing equipment to contract manufacturers, a change drafted with iPhone asse [...]

AI slop has found politics. Fake “news” channels are flooding YouTube with tales of blue-state collapse.

For a while, AI slop was mostly harmless filler: fake animals, invented recipes, videos made to farm clicks. It has now found politics. A wave of AI-generated “news” channels on YouTube is manufac [...]

The best startup ideas may be hiding in sales rejection data

Founders ask customers what they want. Sales teams hear what they will not pay for. The first answer is useful. The second may contain more information. A customer interview can reveal frustrations, p [...]

Reddit just beat its numbers. Its stock fell 20% anyway, because of Google.

Reddit just had a blockbuster quarter. Revenue rose 61% to $805 million. Profit more than doubled. Daily users climbed 18%. Then the stock fell more than 20%. The numbers were not the problem. Google [...]

A 25-year-old just tripled his London chip startup to $3.3bn, betting against Nvidia and the shortage.

A London startup two years old has just become one of Britain’s boldest bets against Nvidia. Olix has raised $312m and tripled its valuation to $3.3bn in six months. Its founder, James Dacombe, is 2 [...]

A startup says the AI bottleneck isn’t compute. It’s memory, and it ditched the GPU to prove it.

The AI hardware conversation is stuck on one word: compute. A startup out of Tel Aviv wants to change the word to memory. Majestic Labs, founded in 2023 by former Google and Meta engineers, has unveil [...]

Sequoia leads $1 billion round for Valar Atomics as the nuclear startup triples its valuation to $6 billion

Sequoia Capital led a $1 billion Series B for Valar Atomics, valuing the nuclear startup at $6 billion. That is three times the $2 billion valuation from its earlier round just months ago. Atreides Ma [...]

Nvidia’s real moat was never the chips. AI has started rewriting it.

The usual story about Nvidia is a hardware story: the fastest chips, in the shortest supply, at the highest price. The more important part is software. For two decades the company’s real moat has be [...]

A hack hit the one list a wealth haven guards most: the names behind its shell companies

Of all the databases a wealth haven would least like to lose, this one is near the top. A cyberattack has reached the data of about 31,000 people in Liechtenstein’s register of the individuals behin [...]