Musk’s xAI Holdings is reportedly raising the second-largest private funding round ever

Elon Musk’s xAI Holdings is in talks to raise $20 billion in fresh funding, potentially valuing the AI and social media combo at over $120 billion, according to a new Bloomberg report that says talks are in the “early stages.” If successful, the deal would constitute the the second-largest startup funding round ever, behind only … Read more

GPU prices are out of control again

An Nvidia RTX 5090 graphics card. | Photo by Tom Warren/The Verge Every so often, Central Computers – one of the last remaining dedicated Silicon Valley computer stores – lets subscribers know it’s managed to obtain a small shipment of AMD graphics cards. Today, it informed me that I could now purchase a $600 Radeon … Read more

4 Issues Exacerbating the Looming AI Chip Shortage

From powering a chatbot to crunching information in massive data centers, artificial intelligence (AI) is growing everywhere. However, one major problem remains at the center of it all — companies are running out of chips to feed the technology. Several factors are contributing to this shortage, and organizations may be looking at serious bottlenecks in … Read more

Bending to industry, Donald Trump issues executive order to “expedite” deep sea mining

Donald Trump wants to mine the depths of the ocean for critical minerals ubiquitous in rechargeable batteries, signing an executive order on Thursday to try to expedite mining within US and international waters.  It’s a brash move that critics say could create unknown havoc on sea life and coastal economies, and that bucks international agreements. … Read more

DoorDash seeks dismissal of Uber lawsuit

DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling competition by intimidating restaurant owners into exclusive deals. DoorDash argues in its motion that Uber’s claim lacks merit on all fronts. On a post on its website on Friday, DoorDash said, “the … Read more

Price predictions 4/25: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX

Key points: Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000. Institutional investor demand is back, suggesting that the bearish trend could be over. Select altcoins could break above their respective overhead resistance levels if Bitcoin remains strong Bitcoin (BTC) bulls are trying to sustain the price above $95,000, but they … Read more

Trump DOJ goon threatens Wikipedia

Interim DC attorney Ed Martin has written a letter to the Wikimedia Foundation — the organization behind Wikipedia — that calls into question its status as a nonprofit entity. In the letter, which was obtained by The Free Press, Martin claims he found that Wikipedia “is engaging in a series of activities that could violate … Read more

TechCrunch Mobility: Slate’s ‘transformer’ EV truck breaks cover and Tesla’s dueling realities

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Busy week, so let’s get to it. Starting with federal regulations! Woohoo. Exciting stuff.  I’m talking about the U.S. Department of Transportation’s new Automated Vehicle Framework, which … Read more