AI & RoboticsNews

There aren’t enough rockets for space data centers - Cowboy Space raised $275M to build them

The apparently insatiable demand for AI compute has data center entrepreneurs looking to the stars. There’s a key problem: There aren’t enough rockets to put data centers in orbit around Earth, and they’re too expensive. Most of the players are hoping that SpaceX’s Starship – expected to make its 12th test flight as soon as this weekend – will solve the problem. But once the vehicle is…
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AI & RoboticsNews

Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

Cloudflare on Thursday joined a growing list of tech companies – including Meta, Microsoft, and Amazon – that have reported increased revenue alongside massive layoffs, attributing both trends to their use of AI. Cloudflare, which provides internet security and performance services to millions of websites worldwide, announced it was cutting its workforce by approximately 20%, which equates to…
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AI & RoboticsNews

Five architects of the AI economy explain where the wheels are coming off

Earlier this week, five people who touch every layer of the AI supply chain sat down at the Milken Institute Global Conference in Beverly Hills, where they talked with this editor about everything from chip shortages to orbital data centers to the possibility that the whole architecture that undergirds the tech is wrong. Onstage with TechCrunch: Christophe Fouquet, CEO of ASML, the Dutch company…
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AI & RoboticsNews

Marc Lore says that AI will soon enable anyone to open a restaurant

Marc Lore, the veteran e-commerce entrepreneur who sold his previous startups to Amazon and Walmart, has big plans to infuse AI into his current venture, Wonder. The centerpiece of those plans is Wonder Create, an initiative that would let anyone – from food entrepreneurs to social media influencers – use AI to design and launch their own restaurant brand in under a minute. The virtual…
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