Fermi Named a CEO and CFO Double-Exit a ‘Strategic Evolution.’ The Market Responded Accordingly.
The AI nuclear startup with zero revenue and a $19B IPO just shipped its boldest feature yet: calling a leadership meltdown a rebrand.
Silicon Valley
Allbirds Sold Its Shoes to Buy GPUs. The Stock Is Up 600% Because Of Course It Is.
The eco-friendly sneaker brand that once wanted to save the planet one wool step at a time has a new dream: GPU-as-a-Service. Investors have questions. Just kidding — they have buy orders.
Slate Auto Raised $650 Million to Build a Truck With No Speakers, No Color, and No Apologies
A Bezos-backed startup just secured $650M to sell you an EV pickup that ships without speakers, paint, or power windows. They call it disruption. I call it a car without a car.
ARM Started Making Its Own Chips—So Naturally, Someone Just Raised $400M to Sell Everyone Else the Blueprints
SiFive closed a $400M oversubscribed Series G at a $3.65B valuation. NVIDIA invested. The pitch? Open-source chip blueprints. The hook? ARM went rogue and everyone panicked.
Sam Altman Bought His Favorite Tech Show. The Editorial Independence Is Definitely Going to Be Fine.
OpenAI just acquired TBPN — Sam Altman's admitted fave — and pinky-promised independence. The show now reports to a lobbyist.
Perplexity Had an Incognito Mode. It Allegedly Forwarded Your Secrets to Google and Meta.
Perplexity sold itself as the honest Google alternative. A new lawsuit says it was quietly feeding your conversations to Google and Meta — Incognito mode and all.
Oracle Fired 30,000 People to Buy More GPUs — The Meeting Invite Said "Project Update"
At 6 AM this morning, Oracle employees woke up to termination emails from "Oracle Leadership." The reason? Larry Ellison needs more GPUs.