Tech Meme

Gillian Tan / Bloomberg: Source: xAI is canvassing potential investors, including Sequoia Capital and a16z, for a roughly $10B funding round that would value the company at about $75B  —  – Sequoia, Andreessen Horowitz, Valor in talks to participate  — Company last fundraised at $51 billion valuation per Pitchbook Lees verder op Tech Meme

Bloomberg: Source: TSMC is considering taking a controlling stake in Intel’s factories at the request of Trump’s team; it is unclear whether Intel is open to a transaction  —  – TSMC would take controlling stake in potential partnership  — Administration aims to boost manufacturing of advanced chips Lees verder op Tech Meme

Financial Times: Italy accuses Amazon of evading €1.2B in VAT payments; sources: the claim is linked to the sale of goods from China and other non-EU countries from 2019 to 2021  —  Tech giant hit by total claim worth €3bn amid investigation over sale of goods from non-EU countries including China Lees verder op Tech Meme

Sophie McEvoy / GamesIndustry.biz: Ubisoft reports revenue for the nine months ending December 31, 2024, down 31.4% YoY to €990M, net booking down 34.8% to €944M, but remains optimistic about Q4  —  Firm also experienced a 51.8% drop in net bookings during its third quarter  —  Ubisoft has released its financial results … Lees verder op Tech Meme

Vittoria Elliott / Wired: DOGE’s Tom Krause, the US Treasury’s new Fiscal Assistant Secretary, is still the CEO of Cloud Software Group; critics say it may be a conflict of interest  —  An email sent to workers at the US Treasury Department’s Bureau of the Fiscal Service said DOGE’s Tom Krause is “currently” the CEO of the Cloud Software Group. Lees verder op Tech Meme

Brody Ford / Bloomberg: Sources: Dell nears a $5B deal to provide servers with Nvidia’s GB200 chips for xAI’s supercomputer project in Memphis  —  – Musk’s AI startup developing supercomputer project in Memphis  — Dell working to win large share of xAI’s Memphis build-out  —  Dell Technologies Inc … Lees verder op Tech Meme

Sophie McEvoy / GamesIndustry.biz: Ubisoft reports revenue for the nine months ending December 31, 2024, down 31.4% YoY to €990M, net booking down 34.8% to €944M, but remains optimistic about Q4  —  Firm also experienced a 51.8% drop in net bookings during its third quarter  —  Ubisoft has released its financial results … Lees verder op Tech Meme

David Heaney / UploadVR: EssilorLuxottica says it has sold 2M+ Ray-Ban Meta glasses since their Q4 2023 launch, and plans to raise annual production capacity to 10M by the end of 2026  —  Ray-Ban Meta glasses have sold 2 million units so far, and the annual production capacity is being increased to 10 million by the end of 2026. Lees verder op Tech Meme

Sarah Perez / TechCrunch: Mastodon is working on a quote posts feature, which it says is a “source of concern” for some and “highly requested” by others  —  Mastodon, the decentralized alternative to X, is going to adopt a controversial feature from the platform formerly known as Twitter: quote posts. Lees verder op Tech Meme

Financial Times: Italy accuses Amazon of evading €1.2B in VAT payments; sources: the claim is linked to the sale of goods from China and other non-EU countries from 2019 to 2021  —  Tech giant hit by total claim worth €3bn amid investigation over sale of goods from non-EU countries including China Lees verder op Tech Meme