A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land. The people behind the deals are said to be a who’s who of the tech industry.
Category: Venture Capital
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The A.I. Industry’s Desperate Hunt for GPUs Amid a Chip Shortage
To power artificial-intelligence products, start-ups and investors are taking extraordinary measures to obtain critical chips known as graphics processing units, or GPUs.
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Biden to Restrict Investments in China, Citing National Security Threats
The measure to clamp down on investments in certain industries deemed to pose security risks, set to be issued Wednesday, appears likely to open a new front in the U.S.-China economic conflict.
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Crypto’s Next Craze? Orbs That Scan Your Eyeballs.
Sam Altman, OpenAI’s chief executive, has started Worldcoin, a cryptocurrency project that aims to scan billions of human irises.
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A Zoom Call, Fake Names and an A.I. Presentation Gone Awry
A.I. start-ups are competing fiercely with one another as a race to get ahead in the technology intensifies.
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Steve Jobs’s Son Gets Into Venture Capital
Reed Jobs, 31, is starting an investment firm to focus on new cancer treatments, continuing a yearslong focus on a disease that hits close to home.
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An A.I. Supercomputer Whirs to Life, Powered by Giant Computer Chips
The new supercomputer, made by the Silicon Valley start-up Cerebras, was unveiled as the A.I. boom drives demand for chips and computing power.
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Kim Kardashian’s Skims Is Now Worth $4 Billion
As the apparel company prepares to expand into physical stores and men’s clothing, its latest funding round may spur questions about when it intends to go public.
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India’s Space Business Is Catching Up Fast
With at least 140 registered space-tech start-ups, India stands to transform the planet’s connection to the final frontier.
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PGA Tour-LIV Golf Deal Bolsters Saudi Arabia’s Global Ambitions
An agreement to merge LIV Golf with the PGA Tour is the latest step in the kingdom’s push to become a global force beyond oil.