Financial Times:
In its first post-IPO earnings, Raspberry Pi reports FY 2024 revenue down 2% YoY to $259.5M, pre-tax profit down 57% YoY to $16.3M, and 1.9M Pi 5 units sold — Low-cost computer maker says pandemic-related inventory problems have since been ‘normalised’ — Raspberry Pi’s pre-tax profits fell …
Taylor Soper / GeekWire:
Seattle-based Gable, which develops enterprise data coordination tech, raised a $20M Series A led by Crane Venture Partners, taking its total funding to $27M — GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter …
Wikimedia:
The Wikimedia Foundation says base bandwidth demand for downloading Wikimedia Commons multimedia content is up 50% since January 2024, driven by AI crawlers — Since the beginning of 2024, the demand for the content created by the Wikimedia volunteer community – especially for the 144 million images …
Cheng Ting-Fang / Nikkei Asia:
UMC, Taiwan’s second-largest chipmaker, opened a $5B plant in Singapore featuring 22nm and 28nm manufacturing technology; mass production won’t start until 2026 — TAIPEI — Taiwan’s second-largest chipmaker, United Microelectronics Corp., on Tuesday opened a $5 billion plant that it describes as the …
Clive Cookson / Financial Times:
Researchers detail a new AI-powered Probability of Fire model, which they say could outperform the conventional danger forecasts used by wildfire trackers — New model takes into account weather forecasts as well as other factors such as levels of flammable vegetation and human activity
Reuters:
Sources: Arm decided not to pursue a deal after recently seeking to acquire Alphawave, a UK-listed supplier of semiconductor IP that is exploring a sale — SoftBank-owned chip tech provider Arm Holdings (O9Ty.F) recently sought to acquire UK-based Alphawave (AWE.L) to secure a crucial technology …
Amy Thomson / Bloomberg:
Qualcomm says it is weighing an acquisition offer for Alphawave, which has a market cap of ~$1.3B and makes high-speed semiconductor and connectivity technology — The San Diego-based chip firm will have to make a decision about whether to make an offer by April 29 to comply with the UK’s takeover rules …
Adrian Zmudzinski / Cointelegraph:
Bybit shutters its NFT marketplace, following a similar decision by NFT marketplace X2Y2; Token Terminal: daily NFT trading volume has dropped 70% YoY to $5.34M — Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.
Kyle Wiggers / TechCrunch:
In a new paper, Tim O’Reilly and other researchers say OpenAI likely trained GPT-4o on paywalled books from O’Reilly Media without a licensing agreement — OpenAI has been accused by many parties of training its AI on copyrighted content sans permission. Now a new paper by an AI watchdog …
Kyle Wiggers / TechCrunch:
Qualcomm acquires the generative AI division of Vietnamese startup VinAI, following the acquisition of German AI and IoT company Edge Impulse in early March — Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount, the companies announced on Monday.
