Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla

Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it’s invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth less […]

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Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia

Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include: a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions, […]

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OpenAI and the FDA Are Holding Talks About Using AI In Drug Evaluation

High-ranking OpenAI employees have met with the FDA multiple times in recent weeks to discuss AI and a project called cderGPT.

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Arm shares drop on weak forecast

Arm beat on earnings and revenue but issued a disappointing forecast in its quarterly report on Wednesday.

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AppLovin shares pop on earnings beat as it announces sale of mobile gaming business

AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.

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Nvidia shares climb on report Trump will end chip export restrictions

AMD CEO Lisa Su and Nvidia CEO Jensen Huang have both opposed the semiconductor export controls.

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Delta debuts its Patreon-supported iOS app update after US App Store policy change

A game emulator called Delta is taking advantage of the recent court decision around Apple’s App Store to be able to support its business by linking to its Patreon membership page. The update, approved Wednesday for release on the U.S. App Store, allows Delta users to join the Delta team’s Patreon directly from the mobile […]

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Rove, founded by a 22-year-old, is helping Gen Z earn airline miles without credit cards

During his junior year study abroad, Max Morganroth, traveled to 30 countries, primarily flying in business and first class. His jet setting was funded almost entirely by airline points he collected through strategic credit card applications and miles redemptions. Morganroth told TechCrunch that just about everyone he knew was “begging” him to teach them how […]

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Lucid Motors’ Gravity SUV dealing with early ‘hiccups,’ interim CEO says

Lucid Motors has been working through some quality “hiccups” in the early stages of delivering its long-awaited electric SUV, according to interim CEO Marc Winterhoff. “It is true that we had some technical issues that we had to overcome around software” and the Gravity’s heads-up display, Winterhoff said on a conference call Tuesday. “There have […]

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SpaceX’s Starlink has become a big benefactor of Trump’s tariff trade war, leaked memos show

SpaceX’s satellite internet service, Starlink, is directly benefiting from the Trump Administration’s tariff trade war, according to leaked State Department memos obtained by the Washington Post.   The memos show the U.S. pushing countries to adopt Starlink. Some show that countries believe that doing so could help lubricate their U.S. trade and tariff negotiations. One memo […]

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