AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung

August 4, 2023
The appetite for hardware to train AI models is voracious. AI chips are forecast to account for up to 20% of the $450 billion total semiconductor market by 2025, according to McKinsey. And Insight Partners, the VC firm, projects that sales of AI chips will climb to $83.3 billion in 2027 from $5.7 billion in […]

Amazon Music teams up with Bandsintown to let fans shop merch from popular artists

August 4, 2023
Amazon Music announced a new merch integration with concert discovery platform Bandsintown to allow more than 590,000 artists to promote their merchandise on the Bandsintown website and app. Previously, artists could only link their Shopify store. The new merchandise featured on Bandsintown is from the Amazon Music Artist Merch Shop that launched in 2021. The […]

Nikola CEO steps down, replaced by chairman

August 4, 2023
EV truck maker Nikola Corp said Friday that president CEO Michael Lohscheller is leaving the top executive positions due to a family health issue. He will be replaced by board chairman Steve Girsky, a former GM board member and the CEO of the special purpose acquisition company that merged with Nikola to make it a […]