In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Source: techcrunch.com
Snowflake has signed a new, enormous five-year deal with Amazon to secure chips for AI usage. Nvidia is once again being put on notice.
Source: techcrunch.com
Railway, a San Francisco-based cloud platform that has quietly amassed two million developers without spending a dollar on marketing, announced Thursday that it raised $100 million in a Series B funding round, as surging demand for artificial intelligence applications exposes the limitations of legacy cloud infrastructure. TQ Ventures led the round, with participation from FPV…
Anthropic just announced Claude Fable 5, a new AI model it said is the most powerful model it has ever made widely available. According to the company, Fable 5 “shows exceptional performance in software engineering, knowledge work, and vision,” with its lead over other models growing as tasks become longer and more complex. Fable 5…
Allbirds had a hit a decade ago with its Wool Runner shoes, but after a $4 billion IPO in 2021, the business never turned a profit, and sales dropped nearly 50 percent between 2022 and 2025. The company recently announced it would sell off its name and assets for $39 million to American Exchange after…
This is The Stepback, a weekly newsletter breaking down one essential story from the tech world. For more on AI mischief, follow Robert Hart. The Stepback arrives in our subscribers’ inboxes at 8AM ET. Opt in for The Stepback here. How it started Hacking the first generation of AI chatbots was a laughably simple affair….