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Category Archives: Tech
Lutnick says Intel has to give government equity in return for CHIPS Act funds
The potential deal would convert the CHIPS ACT grants into equity, but wouldn’t come with governance rights in Intel, Lutnick said.
Aalo Atomics raises $100M to build a microreactor and data center together
Nuclear startup Aalo Atomics plans to turn on its first power plant, the 50-megawatt Aalo-X, in the summer of 2026. It’s an aggressive timeline that bucks nuclear industry trends.
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Tagged TechCrunch
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Apple reportedly ups iPhone production in India as country’s Russia ties roil White House
Treasury Secretary Scott Bessent told CNBC on Tuesday that India is “profiteering” off of Russia’s invasion of Ukraine
Nvidia says it’s evaluating a ‘variety of products’ after report of new AI chip for China
Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving it a 15% cut of the sales.
US spy chief says UK has dropped its Apple backdoor demand
Tulsi Gabbard said that President Donald Trump and Vice President JD Vance also participated in the negotiations with the U.K. government over its once-secret demand to Apple.
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CPG startup Keychain snags $30M to build in India, grow in the U.S.
Keychain doesn’t have a single customer in India — but the team helping it scale across North America and beyond is entirely based in Gurugram, a suburb of New Delhi.
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TikTok’s latest feature lets college students find and connect with classmates
In a move reminiscent of Facebook’s early days, TikTok is launching a new feature that allows college students to find and connect with others on their campus.
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Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’
Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from startups, leaving behind shell companies.
Nvidia said to be developing new, more powerful AI chip for sale in China
Nvidia is apparently putting together a new AI chip meant for sale in China that’s half as powerful as its flagship B300 Blackwell GPU. The new chip would be more powerful than the H20 GPUs the company is currently allowed … Continue reading
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Apple just landed a key win for the global encryption fight
The U.S. government announced the U.K. would drop its demand for Apple to provide a “back door” to user data, in a key victory for end-to-end encryption.