Crypto News: Meta plunges into AI chipmaking

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Tech Across the Globe

Nvidia investment: The chipmaker will put $2 billion into a deal with Amsterdam-based Nebius to develop and build AI data centers with 5 gigawatts of power by the end of 2030.

Atlassian job cuts: The maker of collaboration software said it would eliminate about 10% of its workforce, or 1,600 employees, as it changes to adapt to the greater use of artificial intelligence.

Anthropic legal fight: The AI company told a US judge that it could lose billions of dollars in annual revenue if the Pentagon's decision to label the it a supply chain risk is allowed to stand.

Revalued

French health startup Alan raised more than €100 million ($116 million) in a round that valued the startup above €5 billion. The firm, which was founded in 2016, began by offering health insurance, but has expanded to integrate insurance with other health services and access to clinicians.

Must Read

Meta is getting into the AI chipmaking business in a big way, reports Riley Griffin in today's Tech In Depth. Griffin visited the Meta Training and Inference Accelerator lab to get a sense of how well the social media company's effort is going as it seeks to develop in-house processors and gain an advantage in the AI race.

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This Week in Cyber Bulletin

A pro-Iranian group claimed responsibility for a cyberattack that shut global operations at medical device maker Stryker, but researchers and investigators have yet to confirm the claim, Ryan Gallagher reports in this week's Cyber Bulletin. It would be the first such hack in retaliation for the strikes by the US and Israel against Iran, he writes.

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