Chen said the new fund will allow Essence to lead bigger pre-seed rounds and gives him more flexibility on deployment timeframes.  

Nvidia (NVDA) on Tuesday announced that it is forging a partnership with AI company Thinking Machines Lab that will see the chipmaker provide upwards of 1 gigawatt's worth of its next-generation Vera Rubin chips to the company. In a joint statement, Nvidia and Thinking Machines said the processors will be deployed early next year. The...

Russia’s Federal Anti-Monopoly Service (FAS) said Tuesday that advertising on restricted online platforms like Telegram, YouTube and Instagram is illegal, coming after lawmakers from the lower-house State Duma called on the agency to provide clarity on the issue amid reports that some users were facing fines for putting up ads on Telegram. In a statement,...