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🔥 Discover this insightful post from TechCrunch 📖 📂 **Category**: AI,Hardware,Elon Musk,In Brief,Intel,semiconductors,SpaceX,xAI 💡 **What You’ll Learn**: SpaceX, Elon Musk's space company that also includes his artificial intelligence company xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Grimes County, Texas, according to a proposal on the county's website. The company estimates it could spend a total of $119 billion on the project, which will be a “multi-phase, next-generation, vertically integrated semiconductor and advanced computing manufacturing facility,” according to the filing. Musk has previously outlined plans for the project, dubbed 'Terafab', which will also…

💥 Read this insightful post from TechCrunch 📖 📂 **Category**: Security,cyberattacks,cybercriminals,cybersecurity,justice department,Kremlin,ransomware,Russian government 💡 **What You’ll Learn**: A US court has sentenced Latvian hacker Denis Zolotargov to more than eight years in prison after convicting him of carrying out ransomware attacks. The Justice Department accused the hacker of working for a notorious Russian ransomware gang called Karakurt, which was led by former leaders of the Akira and Conte ransomware gangs, who were sanctioned by the US Treasury Department over their alleged ties to Russian intelligence. Prosecutors said Karakurt members targeted U.S. government entities with attacks that disabled the 911 emergency…

🚀 Discover this must-read post from TechCrunch 📖 📂 **Category**: AI,Anthropic,data center,Elon Musk,neocloud,SpaceX,xAI ✅ **What You’ll Learn**: On Wednesday, xAI and Anthropic announced a surprise partnership that saw Claude's maker purchase "all of the computing capacity in... [xAI’s] “Colossus 1 Data Center,” approximately 300 megawatts, which allowed Anthropic to immediately raise usage limits. It's a huge deal for xAI, potentially worth billions of dollars. More importantly, it generated immediate monetization from one of the company's most impressive accomplishments, transforming xAI from a consumer into a provider of computing. It's tempting to see this arrangement as a shot at OpenAI amid…

✨ Read this insightful post from TechCrunch 📖 📂 **Category**: AI,Apps,Social,Perplexity,Snap,Snapchat 💡 **What You’ll Learn**: Snap no longer has a deal with Perplexity, the company revealed Wednesday as part of its quarterly earnings report. The deal, announced last November, would have seen the Perplexity AI search engine integrated directly into Snapchat. Perplexity is set to pay Snap $400 million in cash and stock over one year as part of the deal. Snap said the two companies "amicably ended the relationship in the first quarter" and that its sales guidance "does not assume any contribution from Perplexity." When Snap announced the…

🚀 Read this awesome post from TechCrunch 📖 📂 **Category**: Startups,Lachy Groom,pronto 📌 **What You’ll Learn**: Lachie Groome, one of Silicon Valley's most watched individual investors, decided to back Indian startup Pronto just 20 minutes after his first meeting with its 24-year-old founder. The meeting, which took place in February through a back-and-forth connection, led to Groom investing $20 million in Pronto as an extension of its Series B round, valuing the startup at $200 million after the investment — double its valuation just over two months ago, as TechCrunch previously reported. The deal was reached within weeks, bringing the…