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Apple announces new USB-C powered iPhone 15 lineup, TikTok starts rolling out TikTok Shop in US
Apple announced iPhone 15 Pro and Max with USB-C, new A17 chip, starting at $999 and $1199, respectively - Link
TikTok started rolling out TikTok Shop to all US users, adding a marketplace button on the app’s home screen; the service already has 200K+ sellers - Link
Enfabrica, a Silicon Valley startup building networking chips to help scale AI data centers, raised a $125M Series B led by Atreides Management with Nvidia participating as a strategic investor - Link
In a video to investors, Arm CEO Rene Haas pitched a strategy pivot toward “purpose-built” design work focused on specific, complex products in mobile, cloud computing, automotive, and more - Link
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Palo Alto Networks CEO Nikesh Arora joins Jason to discuss his time as head of Google Europe (2:26), strategies learned from Larry Page (15:23), precision AI’s role in cybersecurity (43:14), and much more! - Link
Salesforce announced an AI chatbot for all of its apps called Einstein Copilot, which will launch via pilot this fall - Link
Reuters sources: Embracer Group is considering options for Gearbox, a US-based game developer it acquired for $1.4B in Feb 2021, in an attempt to shore up finances - Link
GlobalFoundries, the third-largest contract chip maker globally, opened a $4B chip fabrication plant in Singapore, its third fab in the country - Link
This Week in Startups
E1806: Palo Alto Networks CEO Nikesh Arora on cybersecurity in the age of AI
E1805: Building for the circular economy and the future of shopping with Poshmark’s Manish Chandra
E1804: Sequoia’s Reolof Botha on “Crucible Moments” and the state of VC
E1803: David Sacks and Ethan Ruby on launching SaaSGrid
E1802: Next Unicorns: Preventing future fraud using AI with Sardine CEO Soups Ranjan
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