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- Nvidia discloses more chip export restrictions, AI21 Labs raises $155M, CrowdStrike & Salesforce earnings
Nvidia discloses more chip export restrictions, AI21 Labs raises $155M, CrowdStrike & Salesforce earnings
Nvidia disclosed in a regulatory filing that the US expanded its export restrictions on a subset of A100s and H100s to regions beyond China, including some Middle East countries - Link
AI21 Labs, an Israel-based startup that develops text-generating AI tools, raised a $155M Series C at a $1.4B valuation; the company’s main product is its AI21 Studio, a developer platform for building custom text-based B2B apps - Link
CrowdStrike Q2 earnings: revenue: $731.6M (+37% y/y), FCF: $188.7M, net income: $8.5M; shares were up slightly after hours - Link
Salesforce Q2 earnings: revenue: $8.6B (+11% y/y), FCF: $630M (+379% y/y), net income: $1.27B; shares were up more than 5% after hours - Link
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Loyal CEO and Founder Celine Halioua joins Jason to discuss developing drugs that delay dog aging (10:19), lessons learned as a solo founder (49:34), and much more! - Link
OpenAI filed a motion to dismiss two separate lawsuits from authors alleging the company trained its models on pirated copies of their books, claiming the authors misunderstand “the scope of copyright” - Link
In an attempt to avoid formal EU antitrust charges and fines, Microsoft plans to unbundle Teams from Office 365 across Europe starting 10/1 - Link
Amazon announced a Buy with Prime Shopify app, allowing US-based Shopify merchants to integrate Amazon’s payment product into their online stores - Link
Instagram is testing longer, 10-minute Reels internally after TikTok increased its max video length to 10 minutes early last year - Link
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