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Chinese humanoid robot startup Galbot raised over $300M led by China Mobile's industry investment fund at a $3B valuation, bringing its total funding to $800M (Eudora Wang/DealStreetAsia)

Eudora Wang / DealStreetAsia : Chinese humanoid robot startup Galbot raised over $300M led by China Mobile's industry investment fund at a $3B valuation, bringing its total funding to $800M — Chinese humanoid robot startup Galbot on Friday announced the completion of a new funding round of over $300 million at a valuation of $3 billion … from Techmeme https://ift.tt/zPIl7hy via IFTTT

Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently (Ian King/Bloomberg)

Ian King / Bloomberg : Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently — Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected … from Techmeme https://ift.tt/Y3UCvmu via IFTTT

Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which led Groq's latest financing round in September (David Faber/CNBC)

David Faber / CNBC : Nvidia has agreed to buy AI chip startup Groq for $20B in cash, according to Alex Davis, CEO of Disruptive, which led Groq's latest financing round in September — Nvidia has agreed to buy Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash … from Techmeme https://ift.tt/t6ejRCy via IFTTT

Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B (Tabby Kinder/Financial Times)

Tabby Kinder / Financial Times : Analysis: Oracle has moved $66B of debt for building AI data centers off its balance sheet using SPVs; Meta has moved $30B, xAI moved $20B, and CoreWeave $2.6B — Creative financing helps insulate Big Tech while binding Wall Street to a future boom or bust from Techmeme https://ift.tt/fbKsQxV via IFTTT

Fleet management software provider Motive files for a US IPO, reporting a $138.5M net loss on $327.3M in revenue for the nine months ended September 30 (Prakhar Srivastava/Reuters)

Prakhar Srivastava / Reuters : Fleet management software provider Motive files for a US IPO, reporting a $138.5M net loss on $327.3M in revenue for the nine months ended September 30 — AI-powered fleet management company Motive Technologies on Tuesday disclosed a rise in nine-month revenue in its U.S. initial public offering filing … from Techmeme https://ift.tt/S15jJr4 via IFTTT

The US is imposing visa restrictions on five Europeans, including Thierry Breton, accusing them of pressuring US tech companies to censor certain US viewpoints (Fatima Hussein/Associated Press)

Fatima Hussein / Associated Press : The US is imposing visa restrictions on five Europeans, including Thierry Breton, accusing them of pressuring US tech companies to censor certain US viewpoints — The State Department announced Tuesday it was barring five Europeans it accused of leading efforts to pressure U.S. tech firms to censor or suppress American viewpoints. from Techmeme https://ift.tt/tkH7w36 via IFTTT

Marissa Mayer's new startup Dazzle, which is building next-gen AI personal assistants, raised an $8M seed at a $35M valuation and plans to exit stealth in 2026 (Marina Temkin/TechCrunch)

Marina Temkin / TechCrunch : Marissa Mayer's new startup Dazzle, which is building next-gen AI personal assistants, raised an $8M seed at a $35M valuation and plans to exit stealth in 2026 — The former Yahoo CEO, Marissa Mayer, refuses to sit on the sidelines of the generative AI revolution. from Techmeme https://ift.tt/zYSWmDs via IFTTT