Techmeme: CoreWeave's S-1 shows ~77% of its $1.9B revenue in 2024 came from its top two customers, one of them being Microsoft, which accounted for 62% of total sales (Bailey Lipschultz/Bloomberg)

Open Links In New Tab

Mobile Archives Advertise Site News Contact Editors

March 3, 2025, 10:40 PM

Top News

Shirin Ghaffary / Bloomberg:

Anthropic raised a $3.5B Series E led by Lightspeed at a $61.5B valuation; source: its annual revenue run rate has grown by 30% in 2025, from ~$1B in late 2024 — The company is said to have increased its run-rate revenue by 30% so far this year. — OpenAI rival Anthropic has officially closed …

Jordan Novet / CNBC:

CoreWeave, which provides cloud-based GPUs, files for an IPO on the Nasdaq under the symbol CRWV, says it generated $1.9B in revenue in 2024, up 737% YoY — CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market.

More: SiliconANGLE, U.S. Securities and Exchange Commission, The Information, Investor's Business Daily, and CoinDesk

Bluesky: @edzitron.com and @stevekovach

X: @julianklymochko, @darinfeinstein, @chiraag_deora, @josephjacks_, @shaig, @byrnehobart, @andrewbenson, and @everettrandle

Bailey Lipschultz / Bloomberg:

CoreWeave's S-1 shows ~77% of its $1.9B revenue in 2024 came from its top two customers, one of them being Microsoft, which accounted for 62% of total sales — CoreWeave, a cloud-computing provider that's one of the hottest startups in artificial intelligence, filed for an initial public offering disclosing rapidly growing revenue.

More: The Information, PitchBook, Wall Street Journal, Fortune, CoreWeave, and Reuters. Forums: r/wallstreetbets

Axios:

At a press conference with Trump, TSMC CEO CC Wei says the company plans to invest $100B+ in the US over four years, in addition to its current $65B investment — - It's also part of the bipartisan U.S. national security push to increase domestic chips production and accelerate the AI economy.

More: Wall Street Journal, 9to5Mac, Taiwan Semiconductor …, Decrypt, Reuters, TechCrunch, CBS News, Ars Technica, SiliconANGLE, The Information, Associated Press, The White House, Washington Times, One America News Network, Wall Street Pit, Nikkei Asia, Financial Times, Washington Examiner, Barron's Online, BusinessLIVE, Senator Mark Kelly, CNBC, iClarified, Fierce Electronics, PCMag, Yahoo Finance, The Hill, Tom's Hardware, AppleInsider, New York Times, Al Jazeera, Washington Post, Proactive, The Irish Times, Patently Apple, Telegraph, The Guardian, CNN, Politico, Benzinga, New York Post, The Post Millennial, The Verge, The Daily Wire, and The Gateway Pundit

Forums: r/technology, r/news, r/intelstock, r/hardware, and r/apple

Jay Peters / The Verge:

Google updates Google Play on Android to highlight apps with widgets, adding a widget search filter, widget badges on app pages, and a curated editorial page — There will be a new search filter for widgets, widget gadgets on app detail pages, and a curated editorial page.

More: Android Developers Blog, How-To Geek, Android Authority, 9to5Google, Android Authority, TechCrunch, and Android Police

X: @androiddev. Forums: Slashdot

Chance Miller / 9to5Mac:

Tim Cook posts that “this week” there's “something in the AIR”, likely referring to an M4 MacBook Air launch; a new iPad Air is expected around this spring — In a new post on social media today, Tim Cook says Apple has a new product launch coming this week.

More: Benzinga, Moneycontrol, Livemint, The Verge, The Indian Express, Appuals, VICE, Forbes, CNET, iThinkDifferent, Investopedia, Tom's Guide, MobileSyrup, iPhone in Canada Blog, 9to5Mac, Engadget, Press Start, Laptop Mag, Trusted Reviews, Mashable, T.H.E, Macworld, ZDNET, TechPowerUp, Pocket-lint, PCMag, Stuff, Cult of Mac, TechRadar, PhoneArena, SlashGear, Brian Tong on YouTube, eWeek, AppleInsider, The Shortcut, The Apple Post, Business Today, Thurrott, iDownloadBlog.com, Appleosophy, Digital Trends, Redmond Pie, Business Insider, BGR, KnowTechie, Notebookcheck, Wccftech, and MacRumors

Bluesky: @trevor, @stevekovach, and @chirag. Threads: @parkert

X: @tim_cook, @tom_krikorian, @markgurman, and @dylanmcd8

Forums: r/macbookair, r/macbook, r/mac, r/technology, and r/apple

Abner Li / 9to5Google:

Google updates the iOS Gemini app, adding six new widgets for the lock screen and the Control Center, including one for its conversational mode Gemini Live — Following last week's homescreen redesign, the Google Gemini app on iPhone has been updated with lockscreen widgets and direct access in Control Center.

More: The Verge, MacStories, TechCrunch, BGR, ZDNET, Tom's Guide, Android Central, MakeUseOf, and Android Headlines

Reuters:

Sources: Nvidia and Broadcom are running 18A manufacturing tests with Intel, and AMD is also evaluating whether Intel's 18A process is suitable for its needs — Chip designers Nvidia (NVDA.O) and Broadcom (AVGO.O) are running manufacturing tests with Intel (INTC.O), two sources familiar …

More: TheStreet, ZDNET, Bloomberg, Investor's Business Daily, Yahoo Finance, Proactive, TechPowerUp, Benzinga, Motley Fool, Patently Apple, The Decoder, Wall Street Pit, Investing.com, Quartz, PC Gamer, ZeroHedge News, and Seeking Alpha

X: @benbajarin, @firstadopter, and @jukanlosreve

LinkedIn: Jackie Sturm, Michał Dżoga, and Max A. Cherney

Forums: r/nvidia, r/hardware, r/intel, r/wallstreetbets, r/AMD_Stock, r/intelstock, and Slashdot

Kif Leswing / CNBC:

Nvidia shares fell 8.69% amid fears about tariffs and increased scrutiny of GPU shipments that may be in violation of US export controls — Nvidia shares fell nearly 9% on Monday after President Donald Trump confirmed that tariffs from Canada and Mexico will go into effect on Tuesday.

More: The Information, Yahoo Finance, The Motley Fool, and TipRanks Financial

X: @ns123abc, @unusual_whales, and @goth600

Wall Street Journal:

Chinese traders are selling servers with Nvidia chips, like Blackwell and H200, via third parties in Vietnam, Taiwan, and others; some promise six-week delivery

More: CNBC, PC Guide, The Decoder, Fortune, Business Insider, BitcoinWorld, Forbes, Proactive, Wall Street Pit, Tom's Hardware, TechCrunch, The Information, Yahoo Finance, and TipRanks Financial

Owen Walker / Financial Times:

Singapore charges three men in a case suspected to involve Nvidia chip sales that breach US export controls, after a tip-off the chips were exported to Malaysia

More: Channel NewsAsia, CNBC, South China Morning Post, Malay Mail, TechCrunch, Bloomberg, FXStreet, Quartz, Motley Fool, ZeroHedge News, and Reuters

Sarah Perez / TechCrunch:

Mozilla rewrites Firefox's Terms of Use, after recent changes with overly broad language about user data sparked user backlash — After fielding user backlash over its new Terms of Use last week, Firefox browser maker Mozilla has rewritten its policy to address issues around the overly broad language it had previously used.

More: The Verge, Hackread, TechRepublic, and HotHardware

X: @brendaneich, @joeldeteves, @theo, and @theo

Forums: r/firefox, r/browsers, and r/technology

Sahil Patel / The Information:

Sources: YouTube is preparing a Netflix-like redesign of its TV app, with paid content from other streamers like Max and Paramount+ on the homepage — It should have been easy. — YouTube in late 2022 began including in its app video-streaming services operated by other media companies …

More: Android Authority, Android Headlines, Pocket-lint, Tubefilter, Tom's Guide, and The Verge

Bluesky: @curiouscitizen. X: @gavinpurcell

Craig Barrett / Fortune:

A former CEO and chair of Intel says the company shouldn't be broken up since its foundry unit now has the tech and manufacturing know-how to compete with TSMC — Four former Intel board members have written two opinion pieces for Fortune arguing that the only solution to Intel's problems …

More: Agence France-Presse, Tom's Hardware, Yahoo Finance, The Register, PC Gamer, Computerworld, and Fierce Electronics

X: @danielnewmanuv, @underfox3, @patrickmoorhead, and @benbajarin. LinkedIn: Patrick Moorhead

Forums: r/intel and Slashdot

Ashley Capoot / CNBC:

Microsoft unveils Dragon Copilot, a voice-activated AI assistant for doctors combining Dragon dictation tool Medical One and ambient listening tool DAX Copilot — Microsoft is giving its health-care artificial intelligence tools a makeover. — The company on Monday unveiled …

More: Microsoft, The Verge, Microsoft Industry Blogs, HIT Consultant, eWeek, Business News Australia, Benzinga, Neowin, Healthcare IT News, and Healthcare Dive

Bluesky: @tomwarren.co.uk. Mastodon: @Jeremiah@alpaca.gold. X: @msftnews, @mustafasuleyman, @satyanadella, @minchoi, and @shawnjskim. Forums: Slashdot

Ivan Mehta / TechCrunch:

Google demos new Gemini features, such as video search and Screenshare, which lets users ask questions based on their phone's screen, coming later in March 2025 — Google is adding new features to its AI assistant, Gemini, that let users ask it questions using video and content on the screen in real time.

More: The Keyword, Android Authority, Digital Trends, 9to5Google, TechSpot, BitcoinWorld, Business Insider, Gizmodo, Android Headlines, Android Central, and WinBuzzer

Mary Ann Azevedo / TechCrunch:

Source: Ramp crossed $700M in annualized revenue in January 2025, up from $300M in August 2023; its CEO says it's not profitable by choice as it reinvests — Fintech startup Ramp has crossed $700 million in annualized revenue as of January of this year, according to a source familiar with the company's internal operations.

X: @eglyman

George Hammond / Financial Times:

NYC-based corporate payments startup Ramp hit a $13B valuation in a $150M share sale to GIC, Stripes, Thrive, Khosla, and others, up from $7.65B in April 2024

More: Ramp, The Information, Finextra, TechCrunch, Reuters, Axios, FinTech Global, PitchBook, FinSMEs, and CNBC

X: @nikmilanovic, @eglyman, and @austin_rief. LinkedIn: Josiah Tarrant

Sponsor Posts

Subquadratic:

Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.

Equals:

Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.

Zoho:

App Spotlight: Grow Payments for Zoho CRM — App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools. Visit Zoho Marketplace to explore all of our apps, integrations …

IDrive:

Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Sponsor Techmeme

Featured Podcasts

The Upstarts Podcast:

Radical AI's Joseph Krause: The Scientist Building The 'Waymo' Lab For New Materials

Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.

Subscribe to The Upstarts Podcast.

Hard Fork:

Do Social Media Bans Work? + A Conversation About A.I. Consciousness + Tool Time

The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.

Subscribe to Hard Fork.

Access:

The AI writing app fighting AI slop

A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.

Subscribe to Access.

Lenny's Podcast:

Adam Mosseri: AI is a tailwind for authenticity

Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.

Subscribe to Lenny's Podcast.

Great Chat:

SPVs have a brand problem

A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.

Subscribe to Great Chat.

Tools and Weapons with Brad Smith:

Connecting the Unconnected: Doreen Bogdan-Martin

Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.

Subscribe to Tools and Weapons with Brad Smith.

Add your podcast here

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:40 PM ET, March 3, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

James Faris / Business Insider:

Sources: Disney is discussing a potential free tier for Disney+; product and tech chief Adam Smith discussed the initiative at a town hall but gave no timeline

Todd Spangler / Variety:

Report: Letterboxd's owners have held early talks with potential buyers, including Netflix, Sony Pictures, Paramount, and PE giant TPG

Ben Fritz / Wall Street Journal:

As Hollywood looks for its next Obsession-type hit, 11 studios bid on YouTube series The Mandela Catalogue and sources say WBD paid $1M for rights to Siren Head

Upcoming Tech Events

Samsung Galaxy Unpacked media event

Earnings: MSFT, AAPL, Samsung Electronics, RDDT, LG Electronics, RBLX

Earnings: DASH, SHOP, APP, XYZ, GFS

Aug 6

Earnings: ABNB, NTDOY, U

Made By Google "The next generation of Pixel" media event

New York

Aug 25-27

VIRTUAL: The Six Five Summit: AI Unleashed 2026 Featuring Marc Benioff & Enterprise AI Leaders REGISTER FOR FREE

WSJ Tech Live California

More News

Dong Cao / Bloomberg:

Sources: Didi Autonomous Driving is seeking to raise new funding at a $5B valuation; it raised a $298M Series C led by Guangzhou Automobile in October 2024

More: Reuters

Amanda Silberling / TechCrunch:

Creator monetization platform Passes and its CEO, Lucy Guo, are sued for allegedly distributing CSAM; the suit claims Guo intervened to override safety measures

More: The Information, Clark Smith Villazor LLP, Forbes, Inc, New York Post, South Florida Business Journal, and Daily Business Review

Threads: @wongmjane. X: @lucy_guo, @jasminericegirl, @jasminericegirl, @jasminericegirl, @zck, @lucy_guo, @jasminericegirl, @jasminericegirl, and @lucy_guo

Bloomberg:

A deep dive into how Facebook, Messenger, WhatsApp, Tinder, and Airbnb are being used to facilitate cross-border underage sex trafficking in Colombia

Bluesky: @natalielung.com. LinkedIn: Antonia Mufarech

Alexandra S. Levine / Bloomberg:

Docs: TikTok generated $1.7B globally in sales from TikTok Live in one 2023 quarter, with $400M+ from the US, projects Live will generate $77B globally by 2027

Earlier Picks

Jackie Davalos / Bloomberg:

Documents and sources: the Trump administration cut 170 staff at the National Science Foundation, threatening AI research and US competitiveness

More: TechCrunch and FedScoop. Bluesky: @sbyrnes

Reuters:

India's IT ministry says AWS plans to invest ~$8.2B in India's western state of Maharashtra over the next few years, and deploy its own GPUs and tech in India

More: Benzinga, Seeking Alpha, and The Economic Times

Kyle Wiggers / TechCrunch:

Stability AI partners with Arm to bring Stability's Stable Audio Open, an AI model that can generate audio including sound effects, to Arm-based mobile devices

More: Stability AI, Arm Newsroom, The Decoder, and Thurrott. Forums: r/artificial

Alexandra Heal / Financial Times:

Builder.ai CEO Sachin Dev Duggal steps down, replaced by Jungle Ventures' Manpreet Ratia; Builder.ai has raised $450M to use AI to develop apps and websites

More: Tech.eu. Bluesky: @emilprotalinski

Antoine Gara / Financial Times:

Guggenheim Partners CEO Mark Walter and ex-Legendary Entertainment owner Thomas Tull launch TWG Global to invest in AI, sources say with nearly $40B in assets

Mariella Moon / Engadget:

MWC 2025: Lenovo unveils new laptops, including the $1,799+ Yoga Pro 9i Aura Edition, with generative AI features, next-gen ThinkPads, and new device concepts

More: Lenovo StoryHub, eWeek, The Verge, Liliputing, Thurrott, The Verge, The Shortcut, Tom's Hardware, 9to5Google, The Verge, and The Verge. Bluesky: @tomwarren.co.uk

Reuters:

The UK ICO says it is investigating how TikTok uses 13 to 17-year-olds' personal data for content suggestions, and how Reddit and Imgur verify child users' ages

More: UK ICO, BBC, BleepingComputer, Mashable, CMU, AzerNews, iPhone in Canada Blog, Engadget, TechCrunch, Malwarebytes, Livemint, The Hacker News, UPI, and Associated Press

Bluesky: @carolinevoadenmp. X: @iconews, @iconews, and @iconews

Forums: r/unitedkingdom and r/europe

CoinDesk:

President Trump names Bitcoin, Ethereum, XRP, Solana, and Cardano as assets to be included in a strategic US crypto reserve, causing significant price surges

More: Citation Needed, Reuters, CNBC, CoinDesk, The Hill, Sydney Morning Herald, Bloomberg, Le Monde, San Francisco Business Times, Cryptopolitan, HuffPost, CBS News, Forbes, Blockchain News, crypto.news, Vox, Quartz, Motley Fool, CryptoPotato, Coinpedia Fintech News, DL News, CoinGape, Barron's Online, Cointelegraph, ZyCrypto, The Coin Republic, New York Magazine, Fortune, The Crypto Basic, The Daily Wire, Daily Kos, CNBC, Yahoo Finance, Gizmodo, Benzinga, The Block, Crypto Briefing, New Republic, CoinJournal, Bloomberg, Financial Times, Cointelegraph, The Block, TechCrunch, Washington Post, The Information, CoinDesk, The Block, The Block, The Block, and Bloomberg

Truth Social: @realDonaldTrump … and @realDonaldTrump …. Mastodon: @briankrebs@infosec.exchange

Threads: @vocino, @carnage4life, and @carnage4life

X: @davidsacks, @davidsacks47, @bgarlinghouse, @brian_armstrong, @peterschiff, @cryptohayes, @hhorsley, @naval, @cz_binance, @bitcoinnewscom, @dmartkc, @robert_e_kelly, @stockviking, @can, @krystalball, @thestalwart, @1914ad, @epsilontheory, @johncoogan, @ryangrim, @saylor, @jtlonsdale, @a_stille, @buccocapital, @gaborgurbacs, @obrien, @apompliano, @pitdesi, @parkerconrad, @nikitabier, @gilduran76, @dmartkc, @jbsdc, @thestalwart, @thestalwart, @svdate, @jason, @armanddoma, @el33th4xor, @buccocapital, @devahaz, @jakluge, @cyberspartanx, @martiniguyyt, @functi0nzer0, @bennpeifert, @jason, @luke_metro, @mimidancer, @buccocapital, @modestproposal1, @francissuarez, @profa06, @buccocapital, @yashar, @geiger_capital, @cburniske, @jtlonsdale, @plantmath1, @fed_speak, @unfilteredboss1, @patdennis, @0xgaut, @jconorgrogan, @0xgaut, @0xgaut, @silvermanjacob, @austinreid21, @2ragu, and @cz_binance