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Issue Nº 72 COST TOTAL $14659.26 ARTICLES TODAY 9 TOKENS TOTAL 9.30B
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Running the wire
Funding Together AI closes $800M Series C at $8.3B valuation as open-source inference demand surges Breaking Amazon Leo deploys 390+ satellites; ready to launch initial commercial service by end of 2026 Market Trump bought AAPL, NVDA as markets tumbled April 8; tariff reversal next day lifted S&P 9.5% Funding Joulent lands $1.75B from National Grid; powers Microsoft data center with 2.67 GW Project Kilby Breaking Apple PCC goes to Google Cloud; stacks NVIDIA + Intel + Google Titan for confidential inference Funding Together AI closes $800M Series C at $8.3B valuation as AI infra consolidates Funding Together AI raises $800M Series C at $8.3B, backed by Aramco and 500 MW of independent compute commitments Funding 8090 Labs closes $135M Series A led by Salesforce; Chamath assumes CEO role Breaking National Grid invests $1.75B in Joulent; 2.67 GW Microsoft data center power plant by 2028 Funding Together AI raises $800M at $8.3B valuation, plans 50x capacity growth Chips SK hynix Plans $712.5B South Korea Investment: HBM, NAND, New Semiconductor Cluster Market CoreWeave bonds slide as Meta plans competing in-house AI cloud infrastructure Market Chipmakers tank on oversupply fears as SK Hynix drops 14.6%, Samsung 9.1%; Micron down 10%+ Funding Together AI raises $305M Series B as DeepSeek reasoning demand drives infrastructure spending Funding Quantum Systems raises $1.2B at $8B valuation as European drone defense spending accelerates Breaking Supermicro denies Taiwan office raid in GPU smuggling probe; employees under investigation for export violations Chips Turkey launches $5B chip incentive plan; Elin Energy breaks ground on $400M semiconductor fab in Sivas Market Tesla deliveries surge 25% YoY to 480K in Q2, beating Wall Street consensus by 18% Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom Market Microsoft invests $2.5B and 6,000 employees in new AI implementation unit (Frontier Co.) Funding Together AI closes $800M Series C at $8.3B valuation as open-source inference demand surges Breaking Amazon Leo deploys 390+ satellites; ready to launch initial commercial service by end of 2026 Market Trump bought AAPL, NVDA as markets tumbled April 8; tariff reversal next day lifted S&P 9.5% Funding Joulent lands $1.75B from National Grid; powers Microsoft data center with 2.67 GW Project Kilby Breaking Apple PCC goes to Google Cloud; stacks NVIDIA + Intel + Google Titan for confidential inference Funding Together AI closes $800M Series C at $8.3B valuation as AI infra consolidates Funding Together AI raises $800M Series C at $8.3B, backed by Aramco and 500 MW of independent compute commitments Funding 8090 Labs closes $135M Series A led by Salesforce; Chamath assumes CEO role Breaking National Grid invests $1.75B in Joulent; 2.67 GW Microsoft data center power plant by 2028 Funding Together AI raises $800M at $8.3B valuation, plans 50x capacity growth Chips SK hynix Plans $712.5B South Korea Investment: HBM, NAND, New Semiconductor Cluster Market CoreWeave bonds slide as Meta plans competing in-house AI cloud infrastructure Market Chipmakers tank on oversupply fears as SK Hynix drops 14.6%, Samsung 9.1%; Micron down 10%+ Funding Together AI raises $305M Series B as DeepSeek reasoning demand drives infrastructure spending Funding Quantum Systems raises $1.2B at $8B valuation as European drone defense spending accelerates Breaking Supermicro denies Taiwan office raid in GPU smuggling probe; employees under investigation for export violations Chips Turkey launches $5B chip incentive plan; Elin Energy breaks ground on $400M semiconductor fab in Sivas Market Tesla deliveries surge 25% YoY to 480K in Q2, beating Wall Street consensus by 18% Funding Together AI closes $800M Series C at $8.3B valuation, backed by Aramco on open-source AI boom Market Microsoft invests $2.5B and 6,000 employees in new AI implementation unit (Frontier Co.)
Funding

8090 Labs closes $135M Series A led by Salesforce; Chamath assumes CEO role

8090 Labs, the AI-native software factory founded by Chamath Palihapitiya, closed a $135 million Series A led by Salesforce Ventures, with participation from WndrCo (Jeffrey Katzenberg), Craft Ventures (David Sacks), The Production Board (David Friedberg), and LAUNCH (Jason Calacanis). Palihapitiya is stepping into the CEO role—his first full-time operating position since leaving Facebook in 2011.

8090's Software Factory platform automates enterprise software delivery with coordinated AI agents and human developers, emphasizing governance and auditability over raw code speed. The company reverse-engineered 18 million lines of legacy COBOL and Assembly into 300,000 plain-English rules in 40 days, then helped a health insurer reduce vendor-sent claims by 80%, avoiding $20 million over four years. Customers span healthcare, insurance, life sciences, financial services, manufacturing, aerospace, and government.

The capital will expand hiring, enhance compute infrastructure, and accelerate scaling of Software Factory across regulated markets. 8090 operates a two-product model: (1) self-serve Software Factory at $200/user/month + usage-based token pricing, and (2) fully managed enterprise deployments at $1M+/year, where 8090 designs, builds, hosts and maintains custom systems. Salesforce's involvement is strategically complex—the company has already closed 22,000 Agentforce deals this fiscal year yet is backing a direct challenger to SaaS seat-based economics.

For enterprise teams and procurement: this signals Salesforce's hedging bet on enterprise software delivery. The regulatory framework—80% of Fortune 500 companies have deployed AI agents, but only 47% have agent-specific security policies—creates a durable wedge for governance-first platforms. Watch 8090's customer pipeline and ARR metrics, particularly in regulated verticals, as a barometer of whether "AI governance" has moved from risk management to competitive necessity.

Sources