Bloomberg: Sources: US Commerce Secretary Howard Lutnick signals withholding promised CHIPS Act grants as he pushes companies to substantially expand their US projects — – Commerce chief wants expanded projects without more grants — Lutnick’s team suggested agency could scrap finalized awards Lees verder op Tech Meme
Lora Kolodny / CNBC: LightSource, whose software helps companies manage their procurement process, costs, and vendor relationships, raised $33M led by Bain Capital and Lightspeed — With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. Lees verder op Tech Meme
Annie Palmer / CNBC: Amazon resumes drone deliveries in Texas and Arizona, after halting them in January to roll out a software update to fix issues with the drone’s altitude sensor — Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed. Lees verder op Tech Meme
Matthew Griffin / Bloomberg: Coinbase’s stock fell 31% in Q1 2025, its worst quarterly performance since FTX collapsed in 2022; nearly every major crypto-linked stock plunged alongside it — Coinbase fell 31% in the worst quarterly performance since FTX collapsed near the end of 2022. Lees verder op Tech Meme
Bloomberg: Builder.ai dropped H2 2024 revenue estimates by ~25% after some sales channels “did not come through” and says a full audit report is expected by summer 2025 — The London-based company, which has raised more than $450 million, dropped its revenue estimates for the second half … Lees verder op Tech Meme
Sean Endicott / Windows Central: Microsoft expands Copilot+ PC features like Live Captions and Cocreator, previously exclusive to models with Snapdragon chips, to models with AMD or Intel chips — Staggered feature releases make me ask “what even is a Copilot+ PC?” — Microsoft has a big update for Copilot+ PCs powered by Intel or AMD processors. Lees verder op Tech Meme
Ian King / Bloomberg: At the Intel Vision conference, CEO Lip-Bu Tan says Intel plans to spin off non-core assets, create new products including custom semiconductors, and more — Intel Corp. Chief Executive Officer Lip-Bu Tan said the chipmaker will spin off assets that aren’t central to its mission and create … Lees verder op Tech Meme
Bloomberg: Trump signs an EO to establish an office within the Commerce Department to facilitate investments above $1B in the US and administer funds from the CHIPS Act — President Donald Trump signed an executive order to establish an office within the Commerce Department to facilitate and speed … Lees verder op Tech Meme
Shirin Ghaffary / Bloomberg: Source: SoftBank will invest an initial $7.5B in OpenAI’s $40B round, plus $22.5B by 2025’s end; other backers include Microsoft, Coatue, Altimeter, and Thrive — OpenAI, the artificial intelligence company behind ChatGPT, said it has finalized a funding round that will bring in $40 billion … Lees verder op Tech Meme
Sam Altman / @sama: TL;DR: we are excited to release a powerful new open-weight language model with reasoning in the coming months, and we want to talk to devs about how to make it maximally useful: https://openai.com/open-model- feedback we are excited to make this a very, very good model!… Lees verder op Tech Meme