Techmeme
March 4, 2025, 8:45 AM

Top News

Shirin Ghaffary / Bloomberg:
Anthropic raised a $3.5B Series E led by Lightspeed at a $61.5B valuation; a source says its annual revenue run rate is up 30% in 2025, from ~$1B in late 2024  —  The company is said to have increased its run-rate revenue by 30% so far this year.  —  OpenAI rival Anthropic has officially closed …
Axios:
At a press conference with Trump, TSMC CEO CC Wei says the company plans to invest $100B+ in the US over four years, in addition to its current $65B investment  —  - It's also part of the bipartisan U.S. national security push to increase domestic chips production and accelerate the AI economy.
Jordan Novet / CNBC:
CoreWeave, which provides cloud-based GPUs, files for an IPO on the Nasdaq under the symbol CRWV and says it generated $1.9B in revenue in 2024, up 737% YoY  —  CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.
Bailey Lipschultz / Bloomberg:
CoreWeave's S-1 shows ~77% of its $1.9B revenue in 2024 came from its top two customers, one of them being Microsoft, which accounted for 62% of total sales  —  CoreWeave, a cloud-computing provider that's one of the hottest startups in artificial intelligence, filed for an initial public offering disclosing rapidly growing revenue.
Jay Peters / The Verge:
Google updates Google Play on Android to highlight apps with widgets, adding a widget search filter, widget badges on app pages, and a curated editorial page  —  There will be a new search filter for widgets, widget gadgets on app detail pages, and a curated editorial page.
Abner Li / 9to5Google:
Google updates the iOS Gemini app, adding six new widgets for the lock screen and the Control Center, including one for its conversational mode Gemini Live  —  Following last week's homescreen redesign, the Google Gemini app on iPhone has been updated with lockscreen widgets and direct access in Control Center.
Shaurya Malwa / CoinDesk:
Bybit CEO Ben Zhou says 77%+ of the funds stolen remain traceable, including 417,348 ETH, and 20% have “gone dark”; the hackers converted 83% of the ETH to BTC  —  Some 417,348 ETH, valued at approximately $1 billion remain traceable on the blockchain after being moved using privacy-focused THORChain.
Andrew J. Hawkins / The Verge:
Uber launches Waymo rides in Austin, operating within a 37-square-mile area, including Hyde Park and Downtown; in August 2024, Waymo had ~700 vehicles total  —  Residents of the Texas capital can now hail a driverless Waymo vehicle — as long as they're within the 37-square-mile service area.
Lizette Chapman / Bloomberg:
NYC-based Aescape, which makes AI-powered massage robots to be deployed in 60 Equinox gyms, raised $83M led by Valor Equity, a source says at a ~$250M valuation  —  Massage startup Aescape is raising money from investors including Valor Equity Partners and basketball player Kevin Love.
More: AlleyWatch
Craig Barrett / Fortune:
A former CEO and chair of Intel says the company shouldn't be broken up since its foundry unit now has the tech and manufacturing know-how to compete with TSMC  —  Four former Intel board members have written two opinion pieces for Fortune arguing that the only solution to Intel's problems …
Lizette Chapman / Bloomberg:
Peregrine, which develops a platform used by state and local law enforcement agencies with smaller budgets, raised $190M led by Sequoia at a $2.5B valuation  —  Peregrine Technologies boosted its valuation to $2.5 billion in the deal.  —  Sequoia Capital is leading a $190 million funding round …
Amanda Silberling / TechCrunch:
Creator monetization platform Passes and CEO Lucy Guo are sued for allegedly distributing CSAM; the suit claims Guo intervened to override safety measures  —  Passes, a direct-to-fan monetization platform for creators backed by $40 million in Series A funding, has been sued …
Chance Miller / 9to5Mac:
Tim Cook posts that “this week” there's “something in the AIR”, likely referring to an M4 MacBook Air launch; a new iPad Air is expected around this spring  —  In a new post on social media today, Tim Cook says Apple has a new product launch coming this week.
Yogita Khatri / The Block:
French crypto trading company Flowdesk raised ~$92M in equity and $10.2M in debt led by HV Capital, after a $50M Series B at a $250M valuation in January 2024  —  - Flowdesk has raised $52 million in new funding, with 80% as equity and around 20% as debt, co-founder and global CEO Guilhem Chaumont told The Block.
More: CoinDesk and Fortune
Zvi Mowshowitz / Don't Worry About the Vase:
GPT-4.5 review: improved verbal intelligence, contextual adaptation, abstract writing, and better taste and aesthetics, but not ideal for reasoning or coding  —  It's happening.  —  The question is, what is the it that is happening?  An impressive progression of intelligence?
More: PlatformerBluesky: @caseynewton
Sarah Perez / TechCrunch:
Mozilla rewrites Firefox's Terms of Use, after recent changes with overly broad language about user data sparked user backlash  —  After fielding user backlash over its new Terms of Use last week, Firefox browser maker Mozilla has rewritten its policy to address issues around the overly broad language it had previously used.

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More News

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Earlier Picks

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Reuters:
CoinDesk:
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