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Pat Gelsinger wants to save Moore’s Law, with a little help from the Feds

## Gelsinger’s Quest: A Federal Lifeline for Moore’s Law Pat Gelsinger, Intel CEO, has made it his mission to revitalise Moore’s Law – the long-held principle of doubling transistor density on integrated circuits roughly every two years. Facing mounting technical and economic challenges, this fundamental driver of technological progress is sputtering, and Gelsinger believes a […]

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Meta poaches Apple design exec Alan Dye to lead new creative studio in Reality Labs

## Meta Poaches Apple Design Exec Alan Dye for Reality Labs Creative Studio Meta has reportedly secured a significant hire for its ambitious metaverse division, Reality Labs, by bringing on Apple design executive Alan Dye. Dye, who previously served as Vice President of Human Interface Design at Apple, is set to lead a new creative

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Nexus isn’t going all in on AI, keeping half of its new $700M fund for India startups

**Nexus Maintains Strong India Focus with Half of New $700M Fund** Venture capital firm Nexus Venture Partners has unveiled a strategic allocation for its latest $700 million fund, committing a significant half of the capital to startups within India. This move underscores Nexus’s enduring belief in the vibrant Indian tech ecosystem, even as the global

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EU investigating Meta over policy change that bans rival AI chatbots from WhatsApp

## EU Probes Meta Over WhatsApp AI Bot Ban The European Union has launched an investigation into Meta’s recent policy change for WhatsApp, which prohibits the integration of rival artificial intelligence chatbots on the platform. EU antitrust regulators are scrutinizing the move, concerned that it could stifle competition and innovation in the rapidly expanding AI

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Anthropic signs $200M deal to bring its LLMs to Snowflake’s customers

**Anthropic Joins Forces with Snowflake in $200M Deal** Anthropic, a leading AI safety and research company, has announced a significant $200 million deal to integrate its large language models (LLMs) with Snowflake’s AI Cloud. This strategic partnership aims to make Anthropic’s powerful Claude models directly accessible to Snowflake’s extensive customer base, empowering enterprises to leverage

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Meta centralizes Facebook and Instagram support, tests AI support assistant

## Meta Streamlines Support, Eyes AI for User Assistance Meta is reportedly taking significant steps to centralize its user support for both Facebook and Instagram, aiming to provide a more unified and efficient experience for users encountering issues across its dominant social platforms. This move suggests a strategic effort to consolidate resources and develop a

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Meta reportedly plans to slash Metaverse budget by up to 30%

**Meta Rethinks Metaverse Spending Amidst Performance Concerns** Reports indicate that tech giant Meta is planning significant cutbacks to its Metaverse budget, with potential reductions of up to 30%. The proposed slash reflects a strategic re-evaluation of the company’s ambitious virtual world project, Reality Labs, which has consistently posted substantial losses. While Meta CEO Mark Zuckerberg

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Micro1, a Scale AI competitor, touts crossing $100M ARR

Micro1, a burgeoning force in the AI data labeling and annotation space, has publicly announced it has crossed the $100 million Annual Recurring Revenue (ARR) mark. This significant milestone positions Micro1 as a formidable competitor to industry giants like Scale AI, signaling strong momentum and demand for its enterprise-grade AI training data solutions. The achievement

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Anthropic CEO weighs in on AI bubble talk and risk-taking among competitors

**Anthropic CEO Offers Measured View on AI Hype and Industry Pace** Anthropic CEO Dario Amodei has weighed in on the pervasive “AI bubble” conversation, offering a nuanced perspective that acknowledges both the significant investment and the underlying technological progress. While recognizing the lofty valuations and intense interest in artificial intelligence, Amodei reportedly suggests that current

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