Compute startup Andromeda raised funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M, and passed a $100M revenue run rate in 2025
Once a service spun up by AI investors Nat Friedman and Daniel Gross, Andromeda has now raised $60M from Paradigm to stand alone.
Compute startup Andromeda raised new funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M; it passed a $100M revenue run rate in 2025
Once a service spun up by AI investors Nat Friedman and Daniel Gross, Andromeda has now raised $60M from Paradigm to stand alone.
GlobalFoundries agrees to acquire MIPS, a developer of RISC-V-based solutions and IP, without disclosing financial terms of the deal, set to close in H2 2025
Huge validation of the work that the team have been doing. Look out for a Research Note from Stephen Sopko on the implications. — Want more? Check out our recently published Research Brief: hyperf...
A look at The Stargate Project: unanswered questions, PR wins, SoftBank only has ~$30B cash, many projects are old news, and Elon Musk trolled the announcement
$500B in CapEx for AI in the US feels like a good thing for US security and for AI's continued progress in capabilities. Google's entire capex in 2024 was $50B. This is a hard amount of money to actua...
AI companies, running out of conventional training datasets from the web, may be forced to shift from big, all-purpose LLMs to smaller, more specialized models
why human-sourced data can help prevent AI model collapse Matthias Bastian / The Decoder : OpenAI co-founder says AI is reaching “peak data” as it hits the limits of the internet Kylie Robison / The V...
HPE reports Q4 revenue down 7% YoY to $7.4B, including Compute down 31% YoY to $2.6B, HPC & AI up 37% YoY to $1.2B, and Intelligent Edge up 41% YoY to $1.4B
Hewlett Packard Enterprise Reports Q4 Results to Close Impressive Fiscal 2023; Raises Dividend in Fiscal 2024 Chris Mellor / Blocks and Files : HPE fails to crack $8 billion quarter barrier Aamir Shei...
Intel plans to stop making its Next Unit of Compute (NUC) products, primarily known for small form factor PCs, ceding the market to its ecosystem partners
Intel's belt-tightening continues as it hands off small-form-factor PC development to Lian Li, Cooler Master, and others.
HPE reports Q3 revenue up 1% YoY to $7B, including Intelligent Edge up 8% YoY to $941M, HPC & AI up 12% YoY to $830M, and Compute down 3% YoY to $3B
Eric J. Savitz / Barron's Online :
HPE reports Q2 revenue of $6.7B, nearly flat YoY, Compute revenue of $2.99B, also nearly flat, and order growth of 20% YoY; stock falls 5%+ after hours
Jon Swartz / MarketWatch :
HPE reports Q1 revenue of $7B, up 2% YoY, Compute revenue of $3B, up 1% YoY, and order growth up 20% YoY, including “as-a-service” orders up 136% YoY
Eric J. Savitz / Barron's Online :