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There were no August vacations for bankers who do data center financing deals.At the start of the month, Meta reached a deal to borrow $26 billion and get $3 billion in equity tied to its data center build-out, according to Bloomberg. This week, JPMorgan Chase and Japanese lender Mitsubishi UFJ Financial Group agreed to underwrite $22 billion in debt to Vantage Data Centers. Other nonvacationing bankers worked on xAI’s $10 billion debt and equity deal in July and CoreWeave’s $2.6 billion debt deal.
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The Information
September marked a record for single-month Pixel sales, according to industry research. Read more ›
3,161 fresh
Pixel ringtone customization goes wild — with birds, frogs, and even deer sounds. Read more ›
1,781 fresh
The analysts wrote in a note on Friday that consumers have covered about 50% to 70% of the cost of tariffs to date. Read more ›
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Despite a trade truce, Trump has just made it clear that Nvidia's flagship AI GPUs from its Blackwell lineup will not be allowed to be sold to China. Read more ›
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Saints Row 1 design director Chris Stockman has revealed he wants to revive the open-world crime series following developer Volition's poorly recieved 2022 reboot, and claims publisher Embracer Group has reached out to hear more. Read more Read more ›
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As the New York City mayoral election enters the final stretch, with the Muslim American Democratic Party nominee Zohran Mamdani maintaining a sizable lead in all of the polls, a familiar beast has reared its head: blatant Islamophobia. Most of those dabbling in outright bigotry are unsurprising: right-wing shock-jocks and the pro-Trump New York Post. […] Read more ›
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Several smartphone makers, including Samsung, Tecno, Apple, and Motorola, have all released slim phones this year, and Huawei is also positioning itself in the mix with the upcoming Mate 70 Air. The device already leaked in a carrier listing and a more recent poster which revealed its design, but the latest bit of info comes from a Xiaohongshu user who shared live images of the Mate 70 Air. Mate 70... Read more ›
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The thing about dental insurance is that it isn’t really insurance — it’s more like a half-helpful discount plan with a maximum. And once you reach the maximum, you’re on your own, often to the tune of hundreds and thousands of dollars. As though going to the dentist needed to be less fun. In the […] Read more ›
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If you’re signing up for Medicare benefits this open enrollment, odds are you aren’t actually enrolling in the traditional government program that people may envision. More than half of Medicare beneficiaries are now choosing an alternative version of the program administered by private companies. Medicare, the paragon of America’s welfare state, is undergoing a subtle […] Read more ›
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A man living near Pattison Lake in Washington State has been arrested for manufacturing ghost guns with his 3D printing equipment. Read more ›
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Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power Read more ›
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I'm on my third career change and still looking for a job that will pay the bills. I refuse to give up even though rejections still sting. Read more ›
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The warning notifications have spiked post the One UI 8 Watch update. Are you experiencing the same? Read more ›
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Palantir launched a fellowship that recruited high school graduates directly into full-time work, bypassing college entirely. The company received more than 500 applications and selected 22 for the inaugural class. The four-month program began with seminars on Western civilization, U.S. history, and leaders including Abraham Lincoln and Winston Churchill. Fellows then embedded in client teams working on live projects for hospitals, insurance companies, defense contractors, and government agencies. CEO Ale Read more ›
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Today, I’m talking with David Risher, who is the CEO of Lyft. I’ll just say from the jump: I think you’ll like this one, since David is refreshingly direct and doesn’t pull a lot of punches. He has on the board of Lyft for years, but he only stepped in as CEO just a couple […] Read more ›
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After a slow summer for Las Vegas, hotel-casino execs say a turnaround is on the horizon. For now, the city continues to trail 2024 benchmarks. Read more ›
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All of the notable Grand Theft Auto games have been set in fictional versions of American cities, but there was once an expansion pack that showed us a glimpse of somewhere else. Somewhere, if you're me, very close to home: London. Read more Read more ›
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AMD has confirmed that Zen 5's RDSEED random number generator is failing, causing it to generate potentially predictable cryptography keys for attackers to exploit. Mitigations for the security flaw are launching throughout the next few months for consumer and datacenter versions of AMD's Ryzen 9000 series CPUs. Read more ›
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Before 'Breaking Bad' and 'Pluribus,' the acclaimed TV creator cut his teeth on the classic '90s sci-fi series. Read more ›
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The Information
Things have never been better for Shopify. The e-commerce firm’s stock is trading near all-time highs. And a recent deal with OpenAI has put Shopify in a position to capitalize on AI-fueled shopping by easily allowing its merchants to sell products through ChatGPT. And yet Shopify is seeing the kind of executive turnover normally associated with companies that are struggling. Read more ›
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About half of subscribers to The Information who responded to our latest survey said they bought or sold cryptocurrency, crypto exchange-traded funds or crypto treasury stocks in the past three months. Notably, more of our readers are buying than selling: 47% of all respondents said they bought crypto or something related in the past three months, while just 25% said they sold. The survey’s findings are based on 528 responses. Read more ›
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Stock market investors fell in love with crypto this year, setting off a big rally in public markets. Now the buying frenzy has rebounded back to privately held companies like crypto exchange Kraken and payments firm Ripple, whose valuations have soared. Kraken, one of the oldest crypto exchanges, is raising money at a $20 billion valuation, according to a person familiar with the matter, after getting $500 million in new... Read more ›
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Payments tech giant Fiserv’s stock collapsed 45% on Wednesday morning after the company slashed its revenue growth outlook for 2025 and announced a management shakeup. Fiserv, whose Clover payments service competes with companies such as Square, reported 1% revenue growth for the third quarter ... Read more ›
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Microsoft last year got more aggressive about getting people to pay up for artificial intelligence features in its Office productivity suite, such as those that draft emails or summarize documents. It began including AI features by default and raising the baseline price of Office for individual consumers by 30%. The maneuver paid off, as revenue from that business line has been growing at its fastest rate in years. Read more ›
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One August morning, Kaarage woke up and took the train from the Japanese countryside into the city. She went to a restaurant and enjoyed a lunch of vegetables and soup, as well as an iced coffee. Afterward, she studied a musical score on her iPad, then went home to relax. Kaarage is not a person: She’s an internet-beloved Moflin, an AI-powered robopet made by Casio—yes, Casio—who shares a charming, bucolic... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside Benchmark’s high-stakes pressure test • Artificial Intelligence: The VCs who turned vibe code into whimsical passion projects• Artificial Intelligence: Venerable Casio’s surprise hit? An AI robopet • WTF: Behind the scenes at our summit for the most powerful and influential women in tech, media and finance • The Arena: WNBA owner Clara Wu Tsai has a $1 billion plan• Plus, our... Read more ›
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A memo from California’s attorney general suggested that Elon Musk’s federal lawsuit against OpenAI will be unaffected by the artificial intelligence startup’s restructuring. But now that the restructuring has occurred, it may be hard to unwind the change even if Musk wins. Both the attorneys ... Read more ›
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Travel software firm Navan, which weathered a pandemic, name change and government shutdown on its path to an initial public offering, had a disappointing start as a public company. Shares fell 20% on the first day. Its earliest investors still made big gains on paper though. Investor Oren Zeev and his affiliated funds, which invested $150 million starting with Navan’s seed round in 2015, had about a $1 billion stake... Read more ›
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In less than a year, AI-assisted coding has become a fixation within Silicon Valley, which sees the companies building such products as some of the most lucrative startups in tech. While tools like Cursor and Anthropic’s Claude Code can’t transform techno novices into app-building wizards overnight, they do make coding faster—and easier for people who have some knowledge of coding but don’t have the same skill as a veteran engineer.... Read more ›
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Most popular sources
Business Insider
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30% 6 |
Vox
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9% 4 |
Tom's Hardware
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7% 11 |
Slashdot
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7% 3 |
Gizmodo
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7% 4 |
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03.11.2025 12:12
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