Pennsylvania just made itself one of the hardest US states to build a data centre in
Government and policy
Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round
Investors and funding
Latest news
INVESTORS AND FUNDING
A British AI-chip startup is raising at $6.5bn after an Anthropic deal
Fractile, a British startup making chips for AI, is in advanced talks to raise money at a $6.5bn valuation, Bloomberg reports. That is more than six times its price in May, and follows an initial deal to supply chips to Anthropic that will not ship until 2027.
ARTIFICIAL INTELLIGENCE
Five days after buying Cursor for $60bn, SpaceX tried to buy Cognition
Five days after completing its $60bn purchase of Cursor, SpaceX approached Cognition, whose chief executive responded in public that the company is not for sale
ARTIFICIAL INTELLIGENCE
Target appoints its first chief AI officer as retailers scale up AI spending
Chandhu Nair joins from Lowe's on August 24, into a job that barely existed two years ago and now sits in three quarters of large organisations
DATA AND SECURITY
Flock built an AI tool that lets police search for people by how they drive
A WIRED investigation says Flock Safety has built an AI tool, OS Investigate, that lets police search for people and vehicles by their movements, with no plate, name or crime needed. Flock says it is still in testing. Critics say it invites fishing for suspects.
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