Tech Brew Ride Home Tue. 03/04 – The First IPO Of The AI Era
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Mar 4, 2025 The tech landscape sees its first IPO of the AI era with CoreWeave making headlines. Anthropic secures a hefty funding round, reflecting the sector's vibrant competition. Meanwhile, Apple unveils new iPads powered by the A16 chip. In Austin, Waymo partners with Uber for autonomous rides, revolutionizing transportation. The podcast also dives into innovative smartphones featuring advanced photography and digital organization tools. Lastly, Kinect technology finds a surprising new life in applications beyond gaming, sparking intriguing discussions.
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First AI Era IPO
- CoreWeave, a cloud-based GPU provider, filed for an IPO, marking the first in the AI era.
- They primarily serve AI companies by supplying necessary chips, not developing AI themselves.
Anthropic's Funding Round
- Anthropic, an AI firm focused on safety and reliability, raised $3.5 billion in Series E funding.
- This values them at $61.5 billion, highlighting investor enthusiasm despite competition.
New iPad Airs
- Apple released new iPad Airs with the M3 chip, boasting twice the speed of older models.
- They also launched a new Magic Keyboard with a larger trackpad and function keys.