Compute startup Andromeda raised new funding from Paradigm at a $1.5B valuation, bringing Paradigm's total to $60M; it passed a $100M revenue run rate in 2025 — Once a service spun up by AI investors Nat Friedman and Daniel Gross, Andromeda has now raised $60M from Paradigm to stand alone.
Meta makes its Meta Lab NYC pop-up on Fifth Avenue a permanent flagship location after signing a 10-year lease; it opened its first flagship store in LA in 2025 — The tech company has signed a decade-long lease for its Meta Lab town house on Fifth Avenue.
Sources: China is penalizing people tied to Meta's $2B Manus acquisition, including by apparently restricting Manus executives from leaving China for Singapore — The country appears to be cracking down on people linked to the acquisition of Manus, a Singapore company with Chinese roots, as President Trump prepares to visit Beijing.
Candex, which helps large companies pay small, one-time, or irregular vendors, raised a $40M Series C, bringing its total funding to more than $120M — For companies operating around the world, hiring vendors for one-off purchases in other countries can be a complicated process, eating up time and resources.
Jensen Huang says Nvidia expects to generate $1T+ from its Blackwell and Rubin chips through the end of 2027, after previously forecasting $500B by 2026's end — Nvidia Corp., the company at the center of an explosive build-out of AI computing, expects to generate at least $1 trillion …
Nvidia unveils DLSS 5, which uses a real-time neural rendering model to add photorealistic lighting to game frames, arriving this fall to RTX 50-series GPUs — A massive technological leap for graphics - and we've been hands-on with four games. — Share:- 0- - - - - - - — Video
Standard Kernel, which is making AI-powered GPU optimization software, raised a $20M seed led by Jump Capital, with General Catalyst and others participating — Automating the AI Hardware Stack — Standard Kernel, a startup zeroing in on AI-driven GPU software optimisation, just pulled in $20 million in seed funding.