Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia

Posted on November 19, 2025 by Techme101

Nvidia and xAI said a data center being built in Saudi Arabia and equipped with hundreds of thousands of Nvidia chips will count xAI as its first customer.

Posted in Tech | Tagged | Comments Off on Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia

Meta chief AI scientist Yann LeCun is leaving to create his own startup

Posted on November 19, 2025 by Techme101

Meta chief AI scientist Yann LeCun is leaving the company, marking an end of an era of pioneering computer science research at the Facebook parent.

Posted in Tech | Tagged | Comments Off on Meta chief AI scientist Yann LeCun is leaving to create his own startup

Cavela lands $6.6M to help brands beat pre-tariff manufacturing costs

Posted on November 19, 2025 by Techme101

The startup claims that its AI agents can reduce the cost of product manufacturing by an average of 35%.

Posted in Tech | Tagged | Comments Off on Cavela lands $6.6M to help brands beat pre-tariff manufacturing costs

Block’s stock pops 9% on gross profit forecast, 3-year financial outlook

Posted on November 19, 2025 by Techme101

Block laid out long-term financial targets, projecting annual gross profit growth in the mid-teens through 2028.

Posted in Tech | Tagged | Comments Off on Block’s stock pops 9% on gross profit forecast, 3-year financial outlook

VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market

Posted on November 19, 2025 by Techme101

January Ventures co-founder Jennifer Neundorfer discussed this AI-driven funding market on the Equity podcast during TechCrunch Disrupt.

Posted in Tech | Tagged | Comments Off on VC Jennifer Neundorfer explains how founders can stand out in a crowded AI market

Function Health raises $298M Series B at $2.5B valuation

Posted on November 19, 2025 by Techme101

Function, which offers blood testing and medical imaging services, recently raised $298 million in a Series B round led by Redpoint Ventures at a valuation of $2.5 billion.

Posted in Tech | Tagged | Comments Off on Function Health raises $298M Series B at $2.5B valuation

The Biggest AI Companies Met to Find a Better Path for Chatbot Companions

Posted on November 19, 2025 by Techme101

In a closed-door workshop led by Anthropic and Stanford, leading AI startups and researchers discussed guidelines for chatbot companions, especially for younger users.

Posted in Business | Tagged | Comments Off on The Biggest AI Companies Met to Find a Better Path for Chatbot Companions

The US Needs an Open Source AI Intervention to Beat China

Posted on November 19, 2025 by Techme101

Depending on foreign-made open models is both a supply chain risk and an innovation problem, experts say.

Posted in Business | Tagged | Comments Off on The US Needs an Open Source AI Intervention to Beat China

Kraken confidentially files for IPO following $800 million raise

Posted on November 19, 2025 by Techme101

Kraken confidentially filed with federal regulators to go public in the U.S. after recently raising $800 million at a $20 billion valuation.

Posted in Tech | Tagged | Comments Off on Kraken confidentially files for IPO following $800 million raise

Spotify acquires music database WhoSampled

Posted on November 19, 2025 by Techme101

Spotify says the database will power its new SongDNA feature.

Posted in Tech | Tagged | Comments Off on Spotify acquires music database WhoSampled