Tech Startup Positron Secures $230 Million to Challenge Nvidia's AI Chip Dominance
Reno-based semiconductor startup Positron secured $230 million in Series B funding to accelerate the deployment of its high-speed memory chips, a crucial component for AI workloads, according to TechCrunch. The funding round included investment from the Qatar Investment Authority (QIA), the country's sovereign wealth fund, which is increasingly focused on building AI infrastructure.
The Series B funding comes as hyperscalers and AI firms seek to reduce their reliance on Nvidia, the longstanding leader in AI chips. OpenAI, despite being one of Nvidia's largest customers, is reportedly unsatisfied with some of the company's latest AI chips, according to sources familiar with the matter, TechCrunch reported.
DOJ Appeals Google Search Monopoly Ruling
The Department of Justice (DOJ) filed a cross-appeal in the antitrust case against Google, challenging the remedies decisions in the case, Stevie Bonifield of The Verge reported. The DOJ Antitrust Division announced the appeal on X. Google had filed its own appeal last month.
AMD Hints at 2027 Launch for Next-Gen Xbox
Microsoft's next-generation Xbox console, featuring custom AMD chips, could launch in 2027, according to hints from AMD. Tom Warren of The Verge reported that AMD CEO Lisa Su stated that the development of the next-gen Xbox, featuring an AMD semi-custom SoC, is progressing well to support a launch in 2027. Microsoft confirmed last year that it is working on the new console in partnership with AMD.
Adobe Reverses Course, Will Maintain Animate
Adobe will not discontinue Adobe Animate, reversing its previous decision, Jay Peters of The Verge reported. The company stated in an FAQ that Animate will now be in maintenance mode and that it has no plans to discontinue or remove access to the app. Animate will receive ongoing security and bug fixes and will remain available for new and existing users, but it will not receive new features. This decision comes after many creators expressed frustration after Adobe's initial announcement.
Netflix Addresses Concerns Over Potential Warner Bros. Discovery Merger
Netflix co-CEO Ted Sarandos addressed concerns that a potential merger with Warner Bros. Discovery (WBD) would lead to higher prices for consumers. During a Senate hearing, Sarandos suggested that the merger would have the opposite effect, according to Ars Technica. Sarandos aimed to convince the US Senate Judiciary Committees Subcommittee on Antitrust, Competition Policy, and Consumer Rights that the proposed Netflix-Warner Brothers transaction would not negatively impact competition. He also suggested that users could cancel their service if the merger made it too expensive.
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