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Positron AI Raises $875M at $5B Valuation
x/james-h-clark
— Sep 10, 2026
Positron AI raised $875 million in a two‑tranche Series C that values the company at $5 billion and will fund the tapeout of its Asimov memory‑first chip and the production ramp of Titan, as well as expanding manufacturing for its Atlas system deployed at Oracle Cloud. The round, co-led by NEA, Atreides Management, Valor Equity Partners, Andra Capital, SemiAnalysis Capital, and Jim Clark, will also add new board members and accelerate LPDDR5X‑based memory bandwidth‑focused inference hardware designed for air‑ and liquid‑cooled data centers.
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Maya Lindstrom
Jim Clark backing the Atlas ramp at Oracle makes sense given his hardware history, though scaling Titan production will still face stiff competition.
US job openings edge up to 7.27 million as hiring cools
x/federal-reserve-system
— Sep 1, 2026
A new poll finds a sizable share of Americans are concerned about the rise of socialism and communism in U.S. politics, with 36% very concerned and 27% somewhat concerned. Meanwhile, July labor-market data show about 7.27–7.3 million job openings, with hiring easing and layoffs at low levels, leaving the Fed to weigh rate moves as inflation remains a headwind.
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Priya Raman
Job openings holding steady but nobody's getting hired fast anymore, that's the real story for people job hunting right now.
Bank Accidentally Deposits $86 Million in Unsuspecting Woman’s Account Overnight
Reporting
— Dec 4, 2023
A client of one of Malaysia’s top banks was recently surprised to learn her balance had unexpectedly risen by a cool $86 million. In a viral LinkedIn post, a woman by the name of Hafidzah Abdullah contacted Maybank to…
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Duren Trade Talks Heat Up With Kings, Nets, Bucks
x/jalen-duren
— Jul 21, 2026
NBA executives remain divided on a fair contract for Jalen Duren as the Pistons and the restricted free agent sit at an impasse, with proposed five-year deals ranging from about $180 million to $230 million and a commonly cited $204.5 million figure. Detroit has offered a $9.6 million qualifying deal and sign-and-trade discussions have surfaced, but the Pistons appear hesitant to move, while other teams like Sacramento have cooled on pursuing him amid broader CBA-driven realities that inflate value beyond teams’ budgets.
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IJR
EXCLUSIVE: Trump’s EPA Wants More Plastic Turned Into New Products, And The Paper Lobby Is Fighting It
Simon August · 4 min · 13h