Michal Lev-Ram / Fortune:
A profile of, and interview with, Sequoia’s Roelof Botha on increasing Sequoia’s focus on AI investments, staying politically neutral, and more — At the crown of Roelof Botha’s otherwise perfectly coiffed, light-brown head of hair, there’s a small patch that’s gone completely white.
The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans (Amy Edelen/Phoenix Business Journal)
Amy Edelen / Phoenix Business Journal:
The US Commerce Department says it signed a nonbinding preliminary agreement with Amkor for a CHIPS Act award consisting of $400M in grants and $200M in loans — Facility expected to create 2,000 jobs when in full operation within three years — The U.S. will award Amkor Technology Inc. $600 million …
The Biden administration says Apple agreed to White House’s voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others (Akayla Gardner/Bloomberg)
Akayla Gardner / Bloomberg:
The Biden administration says Apple agreed to White House’s voluntary safeguards for AI, joining the ranks of OpenAI, Amazon, Alphabet, Microsoft, and others — – Guardrails aim to protect consumers, influence AI development — Apple moving to integrate OpenAI’s ChatGPT into iPhone
SK Hynix announces plans to invest roughly $6.8B through 2028 on a chip plant in Yongin, South Korea, including a “mini-fab” to process 300mm silicon wafers (Joyce Lee/Reuters)
Joyce Lee / Reuters:
SK Hynix announces plans to invest roughly $6.8B through 2028 on a chip plant in Yongin, South Korea, including a “mini-fab” to process 300mm silicon wafers — The world’s second-largest maker of memory chips, SK Hynix (000660.KS), said on Friday it had decided to invest about 9.4 trillion won …
Inside JD Vance’s VC career: five years, two firms before co-founding Narya, investing in AppHarvest, which faced lawsuits and filed for bankruptcy, and more (Angel Au-Yeung/Wall Street Journal)
Angel Au-Yeung / Wall Street Journal:
Inside JD Vance’s VC career: five years, two firms before co-founding Narya, investing in AppHarvest, which faced lawsuits and filed for bankruptcy, and more — Five years, three firms, two SPAC deals and a bankruptcy are the hallmarks of his stint in the tech industry
As xAI builds a supercomputer in Memphis, many locals are wary of its benefits, and environmental advocates are puzzled over its potential effects (Patrick Sisson/Bloomberg)
Patrick Sisson / Bloomberg:
As xAI builds a supercomputer in Memphis, many locals are wary of its benefits, and environmental advocates are puzzled over its potential effects — The billionaire’s artificial intelligence company is moving quickly to build one of the world’s largest computers in South Memphis.
A look at the flood of “fancam” videos and memes about Kamala Harris on short-form video platforms, echoing “meme armies” that have supported Donald Trump (Washington Post)
Washington Post:
A look at the flood of “fancam” videos and memes about Kamala Harris on short-form video platforms, echoing “meme armies” that have supported Donald Trump — A grassroots network of TikTok creators, energized by the new likely Democratic nominee …
Self-driving startup Applied Intuition raised $300M+ as part of a secondary deal that allowed shareholders and employees to sell shares in the $6B company (Katie Roof/Bloomberg)
Katie Roof / Bloomberg:
Self-driving startup Applied Intuition raised $300M+ as part of a secondary deal that allowed shareholders and employees to sell shares in the $6B company — The auto software startup’s employees sold shares to investors including Fidelity, General Catalyst and Mary Meeker’s Bond.
Florida-based IntelePeer, which develops software to help businesses automate customer contact centers using AI, raised $140M in equity and debt (Denver Business Journal)
Denver Business Journal:
Florida-based IntelePeer, which develops software to help businesses automate customer contact centers using AI, raised $140M in equity and debt — Artificial intelligence communications provider IntelePeer raised $140 million in growth funding and debt financing on Thursday to help businesses automate call centers.
Binarly: UEFI Secure Boot is completely compromised on 200+ device models sold by Acer, Dell, Gigabyte, Intel, and Supermicro due to a cryptographic key leak (Dan Goodin/Ars Technica)
Dan Goodin / Ars Technica:
Binarly: UEFI Secure Boot is completely compromised on 200+ device models sold by Acer, Dell, Gigabyte, Intel, and Supermicro due to a cryptographic key leak — Keys were labeled “DO NOT TRUST.” Nearly 500 device models use them anyway. — In 2012, an industry-wide coalition of hardware …
