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Meta has struck a deal with AMD to buy up to six gigawatts worth of AI chips, both companies announced. The agreement is structured in a way that could see AMD issue Meta up to 160 million shares of its common stock provided GPU shipment milestones are achieved — meaning Meta could own up to 10 percent of AMD if the deal fully completes.Meta plans to purchase six gigawatts of AMD’s Instinct GPUs based on the MI450 architecture and optimized for Meta’s workloads, with the first gigawatt deployment set to begin in the second half of 2026. AMD and Meta…
John Collison, president and co-founder of Stripe.Christophe Morin | IP3 | Getty ImagesFintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday.The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly tripled to $95 billion in 2021. “In the AI era, Stripe is emerging as the default financial layer for companies at the frontier of the ‘token economy’ in its work with the world’s top startups and enterprises,” said Philippe Laffont, founder and portfolio manager of Coatue Management, one…
Compare Top 6 2-in-1 LaptopsOther 2-in-1 Laptops to ConsiderPhotograph: Luke LarsenFramework Laptop 12 for $549: The Framework Laptop 12 (7/10, WIRED Recommends) isn’t just the smallest, cheapest, and most repairable Framework Laptop to come out. It’s also a 2-in-1. The device has a 360-degree hinge that lets you flip the screen all the way around. That’s fitting for a smaller device that’s meant to go everywhere with you. The Framework Laptop 12 is much more than that. Its accessibility is unbeatable, allowing you to upgrade and swap out virtually every component imaginable. That even includes the CPU and motherboard. The…
Getty Images Another notable name has entered the open market with NFL free agency just around the corner. Veteran pass rusher Michael Danna is now available after the Kansas City Chiefs decided to release him. Like every team, the Chiefs need to be in compliance with the NFL salary cap prior to 4 p.m. on Wednesday, March 11, which is the start of the new league year. The release of Danna is slated to free up $8.94 million of cap space, which leaves Kansas City $6.5 million over the cap. Danna, 28, spent each of his first six seasons with the Chiefs, who…
Anthropic’s weekslong battle with the Department of Defense has played out over social media posts, admonishing public statements, and direct quotes from unnamed Pentagon officials to the news media. But the future of the $380 billion AI startup comes down to just three words: “any lawful use.” The new terms, which OpenAI and xAI have reportedly already agreed to, would give the US military carte blanche to use services for mass surveillance and lethal autonomous weapons, AI that has full power to track and kill targets with no humans involved in the decision-making process.The negotiations have turned ugly, with Pentagon…
If you, like me, are an Emily in Paris apologist, then you’ll know how frequently that hapless Midwestern marketing executive, as played by the sprite-like Lily Collins, cosplays Audrey Hepburn. There she is, skipping down the stairs of the Palais Garnier in a black ball gown like Funny Face’s gamine Jo Stockton; wandering through cobblestone streets in a neckerchief like Roman Holiday’s Princess Ann; swaddled in plush knits on the slopes in the style of Charade’s Regina Lampert; and sporting a giant hat and floor-length showstopper in a tribute to My Fair Lady’s Eliza Doolittle.But, what about Breakfast at Tiffany’s,…
Apple is preparing to move some of its Mac Mini production to the US as part of the company’s ongoing efforts to appease the Trump administration’s push for domestic investment. Manufacturing is set to begin later this year in north Houston, Texas, at a Foxconn facility that currently assembles Apple’s AI servers.“Apple is deeply committed to the future of American manufacturing, and we’re proud to significantly expand our footprint in Houston with the production of Mac Mini starting later this year,” Apple CEO Tim Cook said in the announcement. “We began shipping advanced AI servers from Houston ahead of schedule,…
KANSAS CITY, Mo. — The flirtation between receiver Tyreek Hill and the Kansas City Chiefs did not take long.Hill, who began his NFL career with the Chiefs, became an unrestricted free agent for the first time in 10 years last Monday when the Miami Dolphins released him as part of a series of moves to create salary cap space. The decision from the Dolphins let them to save $22.8 million. By early that evening, Chiefs pass rusher Chris Jones, had used his X account to send Hill, his teammate with the Chiefs for six seasons, a message that anyone on…
Compare Top 6 Tote BagsHonorable MentionsCourtesy Boutayna ChokraneTory Burch Perry Tote for $395: The Perry Tote is another one of those designer bags that transcends trends and functions as a fashionable work tote. Much like Leatherology’s Alex Laptop Bag Set, I wouldn’t use it as a lunch bag, but it’s definitely the type that radiates authority when you want to make an impression. Perhaps a coffee shop date? Made from Italian pebbled leather, it wears incredibly well over time. You can also take off the logo charm. It features a zippered laptop compartment in the center, plus three slip pockets…
Home Depot on Tuesday posted a roughly 4% quarterly sales decline, as a sluggish real estate market and selective spending by homeowners continued to weigh on home improvement demand.The company also stuck by the current fiscal year forecast that it shared in December at an investor day. It said it expects full-year total sales growth to range between about 2.5% and 4.5% and adjusted earnings per share to be between roughly flat and up 4% from $14.69 in the prior fiscal year. It expects full-year comparable sales growth, which takes out one-time factors like store openings and closures, to range…
