Nvidia's GTC conference is being held in Berlin, Germany, from Oct. 20 to 22 local time, with Jensen Huang delivering a keynote on Oct. 21. The event, featuring more than 100 sessions, focuses on accelerated computing, agentic AI, physical AI, robotics, open-source models and AI infrastructure, underscoring Nvidia's strategic shift from selling GPUs to delivering AI factories.
Menlo Ventures announced it has invested in AI coding startup Factory, as part of the company's latest funding round announced last month at a $5 billion valuation. The investment amount was not disclosed, but sources said it was significant to Menlo, which would have invested more if cap table room allowed. The move is seen as a public show of support for Factory.
Factory CEO Grinberg said he removed board advisor Chris Degnan, accusing him of leaking confidential information to competitor Cognition; Degnan then announced he had joined Cognition as chief revenue officer, denying he was fired and saying he resigned voluntarily.
Amazon announced it will invest more than $100 million to build a new robotics manufacturing plant in Greenwood, Indiana, expected to begin operations in 2028 and create 300 technical manufacturing and engineering jobs. Together with the Austin robotics manufacturing center announced last month, Amazon's robotics manufacturing plants will increase from two to four.