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Stephanie Turner
a year ago
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SoftBank plans to build a new supercomputer based on Nvidia Blackwell chips

- SoftBank will be the first to build a supercomputer on such chips
- It will be a demonstration of SoftBank's ambitions in the AI market
- The new supercomputer will be the most powerful ever for Japan
- It is expected to be based on the Nvidia DGX B200
- The next version will use Nvidia Grace Blackwell
- Until early 2019, Japan's SoftBank held a 4% stake in Nvidia
- Today, such a stake could be worth about $178 billion
- Production issues slowed down the release of Blackwell
- SoftBank likely secured a “favorable place in line”
- SoftBank also uses Nvidia's cellular networking solutions
- Its telecom division will launch its AI based on them
- The result will be an AI network covering all of Japan
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Stephanie Turner
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Startup Writer has received $200 million in investment at a $1.9 billion valuation

- Writer develops enterprise generative AI
- The new funds will increase Writer's capital to $326 million
- Funds will help solidify Writer's market leadership
- Investors: Salesforce, Adove, IBM, Citi, ICONIQ, etc.
- Its products can be customized for different tasks
- Earlier, it launched Palmyra model for text generation
- Writer customers can host Writer models themselves
- They can also plug
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Stephanie Turner
a year ago
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Autonomous technology developer Pony AI wants $4.5 billion valuation in IPO

- China's Pony AI wants valuation of up to $4.48 billion in US IPO
- Startup backed by Toyota raises $195 million in funding
- Pony AI is looking to issue 15 million shares at $11-13/pc.
- Pony AI's fleet includes 250+ robotaxis and 190+ robot trucks
- The IPO was previously led by China's WeRide on the US exchange
- Two investors, including BAIC, want to buy $74.9 million worth of shares
- Pony A
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