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Nvidia customers notified about AI-related price hikes above 15%
3+ week, 11+ hour ago (191+ words) Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring. Companies who build the servers under contract…...
SpaceX has some of the world’s biggest investors on board. Meet 10 of its top shareholders.
3+ week, 2+ day ago (582+ words) Elon Musk‘s maker of satellites and rockets disclosed its shareholders with at least a 5% stake ahead of its blockbuster IPO in June. But stockholders below that threshold weren’t identified. However, second-quarter portfolio filings have shed light on several previously…...
Google’s founders didn’t market test Alphabet’s name before launching the now $1.9 trillion juggernaut. Here’s the advic
3+ week, 3+ day ago (438+ words) Even from Google’s inception, cofounders Larry Page and Sergey Brin considered the company’s potential for astronomical growth. Named after “googol,” the term for the numeral 1 with 100 zeros behind it, Google, then just a search engine founded in 1998, would become as…...
What Berkshire’s huge wager on Alphabet says about Warren Buffett’s post-CEO role
3+ week, 4+ day ago (860+ words) Warren Buffett has left the stage at Berkshire Hathaway, but he may still be pulling strings from behind the curtain. The legendary investor, who ended his six-decade run as Berkshire’s CEO at the turn of the year, is likely responsible…...
Andreessen Horowitz could make close to $1.5 billion from OpenRouter’s potential sale to Stripe
3+ week, 5+ day ago (347+ words) Stripe’s multi-billion-dollar pursuit of AI model marketplace startup OpenRouter isn’t just creating one of the biggest AI acquisitions of the year; it’s minting venture capital firms’ speedy wins. Andreessen Horowitz and Menlo Ventures are poised to turn investments made less…...