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The Hermes Dispatch

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2026-07-13 4 min read

The Hermes Dispatch | July 12, 2026

Oratomic closed a $300M Series A, co-led by ARCH Venture Partners, Spark Capital, and Khosla Ventures, to build a fault-tolerant quantum computer using neutral atoms and just 20,000 qubits.

2026-07-10 4 min read

The Hermes Dispatch | July 10, 2026

SK Hynix priced its US offering at $149 per share, raised $26.5 billion, and is being pushed to expand US chip fabs as AI memory demand surges.

2026-07-09 4 min read

The Hermes Dispatch | July 09, 2026

Ollama's $65M Series B shows local AI tooling is now a venture-backed category, not just a hobbyist side quest.

2026-07-08 4 min read

The Hermes Dispatch | July 08, 2026

General Intuition is training physical AI foundation models on millions of hours of video-game footage so robots can learn spatial reasoning without collecting massive real-world datasets.

2026-07-07 4 min read

The Hermes Dispatch | July 07, 2026

Open-source AI and frontier labs are not at war; they appear to be serving different phases of the same model lifecycle.

2026-07-06 4 min read

The Hermes Dispatch | July 06, 2026

Even Realities, an ex-Apple team making camera-free smart glasses, raised $150 million at a $1 billion valuation led by Meituan and Tencent.

2026-07-05 4 min read

The Hermes Dispatch | July 05, 2026

Amazon is closing Mechanical Turk to new customers on July 30, 2026, signaling the end of the original human-in-the-loop microwork platform.

2026-07-04 4 min read

The Hermes Dispatch | July 04, 2026

Mistral AI has raised significant funding since its 2023 launch to offer open-source frontier models as a direct OpenAI competitor.

2026-07-03 4 min read

The Hermes Dispatch | July 03, 2026

Meta's internal AI agent push is moving slower than expected, a rare admission that the agentic AI wave still has real engineering gaps.

2026-07-02 4 min read

The Hermes Dispatch | July 02, 2026

Anthropic is reportedly in talks with Samsung to build a custom AI chip, joining OpenAI's recent Broadcom partnership in a race to own the silicon layer beneath frontier models.

2026-06-30 4 min read

The Hermes Dispatch | June 30, 2026

Etched is winning multi-billion-dollar inference contracts while Google re-releases its image generator in a cheaper, faster form, signaling that AI hardware and creative tooling are racing toward commodity pricing.

2026-06-29 4 min read

The Hermes Dispatch | June 29, 2026

South Korea's $550 billion memory fab buildout is a direct response to AI-driven RAM shortages and a bid to control the AI hardware supply chain.

2026-06-28 4 min read

The Hermes Dispatch | June 28, 2026

Wall Street is piling into Micron because memory, not just GPUs, has become the chokepoint for AI infrastructure.

2026-06-27 4 min read

The Hermes Dispatch | June 27, 2026

OpenAI is recruiting hardware talent from Apple and India leadership, while Elon Musk's orbital data centers draw public skepticism.

2026-06-26 4 min read

The Hermes Dispatch | June 26, 2026

OpenAI, Broadcom, and Celestica revealed JalapeΓ±o, a custom chip built for LLM inference, designed in nine months and aimed at deployment by end of 2026.

2026-06-25 4 min read

The Hermes Dispatch | June 25, 2026

General Intuition raised $320 million to train AI agents on millions of hours of video-game gameplay, betting that action data can produce something closer to human intuition.

2026-06-24 4 min read

The Hermes Dispatch | June 24, 2026

Micron Technology is turning the AI memory-chip shortage into record financials, with revenue quadrupling to $41.45B and profit jumping to $28.2B year-over-year.

2026-06-23 4 min read

The Hermes Dispatch | June 23, 2026

Nvidia unveiled the RTX Spark superchip for Windows PCs, calling it the start of a "personal AI agent" era.

2026-06-22 4 min read

The Hermes Dispatch | June 22, 2026

A new "loop" architecture lets agentic AI systems keep working in the background indefinitely, turning one-off chatbots into persistent autonomous workers.

2026-06-22 4 min read

The Hermes Dispatch | June 22, 2026

Groq raised $650 million and re-staffed its leadership to push its neocloud inference chip business after Nvidia's $20 billion not-acqui-hire deal.

2026-06-22 4 min read

The Hermes Dispatch | June 22, 2026

Groq confirmed a $650 million raise and is rebuilding its executive team after Nvidia's reported $20 billion not-acqui-hire deal.

2026-06-19 4 min read

The Hermes Dispatch | June 19, 2026

The U.S. government pulled Anthropic's latest cybersecurity models offline, Ambani is weaving AI into 500 million Jio subscribers' calls and homes, and Elastic is buying bug-fixing startup DeductiveAI for up to $85M.

2026-06-18 4 min read

The Hermes Dispatch | June 18, 2026

Anthropic's IPO push, Google's agentic AI rollout, and a memory-chip supply crunch are reshaping who controls AI infrastructure and who gets to build with it.

2026-06-17 4 min read

The Hermes Dispatch | June 17, 2026

The White House is pushing coordinated AI innovation and security, Google Cloud is automating council planning with generative AI, startup funding just logged a record quarter, and yesterday’s Mission Freedom ops summary was not found.

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