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Issue Nº 106 COST TOTAL $15086.67 ARTICLES TODAY 16 TOKENS TOTAL 9.84B
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Running the wire
Chips Samsung breaks ground Taylor Fab 2 by year-end 2026; mass production 2nm targets 2030 Breaking Etsy cuts 12% workforce (220 employees) as marketplace targets leaner ops despite flat GMV since 2021 Breaking Meta launches Muse Code terminal agent, undercuts Claude Codex on price Market Microsoft defaults GitHub Copilot to OpenAI GPT-5.6 Sol for token efficiency Funding Yann LeCun joins 224 Ventures with $100M to back AI startups Market Nvidia cancels RTX 5090 orders to reprice; Asus ROG tops $4,900 vs $1,999 MSRP Funding Anthropic, Snowflake deepen partnership; Claude powers Cortex Code with 7,100+ users Research OpenAI names Astra as next major model family; internal version solved 10 open math problems Market SpaceX commits to NVIDIA Vera Rubin exclusively; stock rallies 4% on infrastructure thesis Breaking Jeff Dean exits Google after 27 years; launching AI startup with Sanjay Ghemawat Market RTX 5090 premiums spiral to 115% above MSRP as VRAM costs soar Breaking Amazon's Zoox launches paid robotaxi service in Las Vegas on Aug 10 with NHTSA exemption Chips SK Hynix Q2 record: 79.3T won revenue, 60.5T operating profit, 76% margin; HBM4 mass shipments begin Chips Arm posts record Q1 FY27 revenue of $1.29B; AGI CPU demand now $2B vs. $1B secured Funding Yann LeCun launches 224 Ventures AI fund with $100M AUM, 244 operator LPs Research DeepSeek V4-Flash released at 99% price discount; AI models race to commodity pricing Chips Fab efficiency: AI data tools compress yield-loss diagnostics from weeks to hours Market Jim Cramer's fund adds to Intel position at $97.97; AI trade \"regains footing\" on hyperscaler capex Market Microsoft quietly removes 32GB RAM recommendation as memory costs rise; laptop makers pivot to 8GB baseline Chips Neuromorphic insect-eye sensor BEGI targets 1-meter range for robots, aerospace docking; ASIC push next Chips Samsung breaks ground Taylor Fab 2 by year-end 2026; mass production 2nm targets 2030 Breaking Etsy cuts 12% workforce (220 employees) as marketplace targets leaner ops despite flat GMV since 2021 Breaking Meta launches Muse Code terminal agent, undercuts Claude Codex on price Market Microsoft defaults GitHub Copilot to OpenAI GPT-5.6 Sol for token efficiency Funding Yann LeCun joins 224 Ventures with $100M to back AI startups Market Nvidia cancels RTX 5090 orders to reprice; Asus ROG tops $4,900 vs $1,999 MSRP Funding Anthropic, Snowflake deepen partnership; Claude powers Cortex Code with 7,100+ users Research OpenAI names Astra as next major model family; internal version solved 10 open math problems Market SpaceX commits to NVIDIA Vera Rubin exclusively; stock rallies 4% on infrastructure thesis Breaking Jeff Dean exits Google after 27 years; launching AI startup with Sanjay Ghemawat Market RTX 5090 premiums spiral to 115% above MSRP as VRAM costs soar Breaking Amazon's Zoox launches paid robotaxi service in Las Vegas on Aug 10 with NHTSA exemption Chips SK Hynix Q2 record: 79.3T won revenue, 60.5T operating profit, 76% margin; HBM4 mass shipments begin Chips Arm posts record Q1 FY27 revenue of $1.29B; AGI CPU demand now $2B vs. $1B secured Funding Yann LeCun launches 224 Ventures AI fund with $100M AUM, 244 operator LPs Research DeepSeek V4-Flash released at 99% price discount; AI models race to commodity pricing Chips Fab efficiency: AI data tools compress yield-loss diagnostics from weeks to hours Market Jim Cramer's fund adds to Intel position at $97.97; AI trade \"regains footing\" on hyperscaler capex Market Microsoft quietly removes 32GB RAM recommendation as memory costs rise; laptop makers pivot to 8GB baseline Chips Neuromorphic insect-eye sensor BEGI targets 1-meter range for robots, aerospace docking; ASIC push next
Funding

Yann LeCun joins 224 Ventures with $100M to back AI startups

<cite index="13-2">Former Meta chief scientist Yann LeCun has joined new firm 224 Ventures, which will invest in AI startups. The firm has $100m in assets under management, and will look to write $1m-$5m cheques for AI-native teams. Its LP base is made up of 244 people, primarily AI operators</cite>. <cite index="13-2">224 Ventures will be run by LeCun, alongside Google DeepMind researcher Oriol Vinyals and AIX Ventures founder Shaun Johnson</cite>.

<cite index="13-2">LeCun, known as the 'AI godfather', launched Paris-based world models startup AMI Labs last year, which has since picked up $1bn in funding</cite>. The new fund comes after LeCun briefly attempted to launch Extelligence Invest earlier this summer, which was abandoned due to exclusivity conflicts with his other fund commitments. <cite index="13-2">LeCun is also an advisor to London-based VC firm Hiro Capital</cite>.

The move signals both the maturation of AI-focused venture capital and the consolidation of AI infrastructure talent. LeCun's participation brings brand-name recruiting power and technical credibility to early-stage AI teams working on applications, robotics, and infrastructure. For practitioners: a $100M fund at $1M-$5M check sizes implies a portfolio of 20-100 AI companies, targeting founders who can demonstrate technical depth and operational velocity in a field where AI researchers are increasingly founding ventures.

Sources