Techmeme
March 20, 2025, 9:40 AM

Top News

Bloomberg:
SoftBank acquires Ampere Computing for $6.5B in cash, with Oracle and Carlyle selling their stakes as part of the deal, which is expected to close in H2 2025  —  SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a statement reviewed by Bloomberg News.
Reuters:
Jensen Huang says Nvidia has not been approached about purchasing a stake in Intel, following a report about a consortium with TSMC to operate Intel's factories  —  Nvidia (NVDA.O) CEO Jensen Huang said on Wednesday that his company had not been approached about purchasing a stake in Intel (INTC.O).
Financial Times:
Jensen Huang says Nvidia will spend “several hundred billion” on US-made chips and electronics over four years as it shifts supply chains amid US tariff threats  —  Jensen Huang's pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry
Echo Wang / Reuters:
Sources: CoreWeave plans to sell shares for $47 to $55 when marketing its IPO this week, aiming to raise $2.3B to $2.7B, possibly even before the IPO prices  —  CoreWeave, the artificial intelligence startup backed by Nvidia (NVDA.O), is planning to ask investors to pay $47 to $55 for each …
Sue Marek / Ookla:
Analysis: AT&T and Verizon Speedtest users saw higher median download speeds on the iPhone 16e and its C1 than the iPhone 16; T-Mobile users saw the opposite  —  The 16e is the first iPhone to feature the Apple-designed C1 modem.  —  Key Takeaways:  — AT&T and Verizon Speedtest® …
Sarah Perez / TechCrunch:
Newsletter service Ghost launches support for ActivityPub integration in beta for Ghost(Pro) subscribers, letting them share their posts across the fediverse  —  Newsletter platform Ghost, an open source competitor to Substack, is now connected to the fediverse, also known as the open social web.
Kyle Wiggers / TechCrunch:
OpenAI launches o1-pro, which uses more compute than o1 for “consistently better responses”, to select developers for $150/1M input and $600/1M output tokens  —  OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API.
Emma Roth / The Verge:
Meta plans to roll out Meta AI with text-only features in the EU this week on WhatsApp, Facebook, Instagram, and Messenger, after pausing its debut in June 2024  —  A more limited version of Meta AI will head to WhatsApp, Facebook, Instagram, and Messenger this week.
Lauren Thomas / Wall Street Journal:
Crypto exchange Kraken acquires US retail futures trading platform NinjaTrader for $1.5B, pending “purchase price adjustments”; NinjaTrader has 1.8M+ customers  —  NinjaTrader, a futures trading platform, would expand Kraken's offerings  —  The cryptocurrency exchange Kraken agreed …
Natasha Lomas / TechCrunch:
Google says more changes to Search in the EU would “reduce traffic to European businesses” and changes to the Play Store may expose users to “malware and fraud”  —  Google Search and its Play Store app marketplace are suspected of breaching the European Union's Digital Markets Act …
Barbara Moens / Financial Times:
Dan Milmo / The Guardian:
The UK NCSC urges large entities, including energy and transport providers, to introduce “post-quantum cryptography” by 2035 to protect against quantum hackers  —  Organisations including energy and transport firms told to guard systems against powerful new computers
Anto Antony / Bloomberg:
Bakkt names ex-SoftBank rainmaker Akshay Naheta as co-CEO to help turn around the struggling US crypto trading and custody platform; BKKT is down 62%+ in 2025  —  Naheta will also be part of the company's board and will work with Andy Main, the firm's current CEO, according to a statement …
Wayne Ma / The Information:
Sources: Apple TV+ is losing $1B+ annually even as its subscriptions grew to ~45M in 2024; one source says Apple has spent $5B+ on content since its 2019 launch  —  Last year, Apple CEO Tim Cook had questions about several pricey movie deals executives of Apple TV+, the company's video-streaming service …
Allison Johnson / The Verge:
Rebekah Valentine / IGN:
A group of cross-discipline video game workers in the US and Canada announce United Videogame Workers, a direct-join industry-wide union organizing with the CWA  —  The group unveiled itself at the Game Developers Conference this week.  —  Today, a group of cross-discipline video game workers …
Tim McLaughlin / Reuters:
A look at “unannounced disconnections” from the grid by data centers, which can occur when they switch to local generators and may cause cascading grid failures  —  Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston.
Mark Bergen / Bloomberg:
How Nvidia, SK Hynix, TSMC, and ASML, with a combined $4T+ market cap, dominate the AI supply chain, each having an 80% to 100% market share in their fields  —  Since ChatGPT arrived, Nvidia and its key manufacturing partners have dominated the market for AI chips.  Will it last?

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Earlier Picks

Kyle Wiggers / TechCrunch:
Sarah Perez / TechCrunch:
Bloomberg: