The AI chip startup explosion is already here

Business man in front of a huge screen with overlay of digital bric-a brac. All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI.
But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More

Ted Chiang is a genius, but he’s wrong about Silicon Valley

 Ted Chiang isn’t just one of the greatest science-fiction writers alive — he’s one of the greatest writers alive full stop. Which is why I was so saddened and disappointed by his recent excoriation of Silicon Valley in BuzzFeed. As the tech industry grows ever more powerful, we need brilliant minds critiquing and dissecting its many flaws. Instead we got a trenchant takedown of… Read More

Saudi Arabia’s TechUtopia Neom will have to reinvent the rules to succeed

 Saudi Arabia’s legal environment is currently built for an economy that no longer exists, and a social world that most of the planet has left behind. The dream of Neom should be for a bridge to the legal world that can sustain a better life for all Saudis, and a case study of how a reinvented legal infrastructure – propelled by new technology – can be the capstone for a… Read More

Theranos gets $100 million in debt financing to carry it through 2018, with some caveats

 Theranos has secured $100 million in debt financing. Yes, someone gave the blood testing company known for handing out questionable test results money.
First reported by Business Insider, the company reportedly told investors it had secured the money from Fortress Investment Group, a New York-based private equity firm that was acquired by Softbank earlier this year.
Of course, this is debt… Read More

Looking back at SoftBank’s big year

 While VCs vie to fund massively scalable businesses, they tend to view their own industry as size-constrained. Common wisdom is that with a limited supply of successful startups, greatly inflating the amount of available capital to invest in them leads to asset bubbles. This year, SoftBank’s Vision fund has been putting that assumption to an unprecedented test. Read More

The identity politics of emoji

 Welcome back to CTRL+T, TechCrunch’s latest weekly podcast in which Megan Rose Dickey and I pick the stories we thought were interesting enough to talk to you about. This week we wondered if cell phones can adversely affect your health (or kill you), the goggles of Magic Leap and the problem Twitter has with the hateful people on its platform. Then later in the ep, Megan chats up… Read More