Nvidia is discussing guaranteeing some of the loans that OpenAI is planning to take out in order to build its own data centers, The Wall Street Journal reported, citing people familiar with the matter. Such a move would involve risks for Nvidia, as the chip giant could face hefty debt ... Read more ›
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Sakana AI, a Tokyo-based developer of artificial intelligence, is in talks with U.S. and Japanese investors to raise $100 million at a valuation of $2.5 billion, up 66% from a financing a year ago, according to two people involved in the discussions. The funding talks come months after CEO David Ha said publicly that the company would operate profitably within a year. Sakana is developing AI with a different type... Read more ›
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It’s the calm before the earnings storm. Netflix kicks off tech earnings on Tuesday with its third-quarter report, and most of the big tech names come next week. Already, though, investors are anticipating the news. That’s most obviously true of Apple, whose shares jumped 4% on Monday on a research report about strong sales of the recently released iPhone 17 series. After spending most of the year below its 2024... Read more ›
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Everett Randle, a former partner at Kleiner Perkins investing out of its growth-stage funds, has joined Benchmark as the firm’s newest general partner, the early-stage firm announced Monday. At Kleiner, Randle worked on investments including enterprise search startup Glean and legal AI ... Read more ›
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Amazon Web Services has named Jason Bennett, a 15-year veteran of the cloud provider’s sales ranks, as its new vice president of global startups and venture capital, according to two people with direct knowledge of the appointment. Bennett, who has spent the past year as vice president of ... Read more ›
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Amazon Web Services says it is continuing to work on restoring access to cloud servers and other products after an outage that began overnight in its data centers in northern Virginia, which handle a majority of its web traffic in North America. The outage, which affects the AWS US-East-1 data ... Read more ›
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The Wynn in Las Vegas was buzzing last week as executives, investors and dealmakers from across the data center, cloud and finance world converged at an event to trade notes on how quickly the industry has changed. A year ago, most conversations at Infra/Structure, hosted by Structure Research, focused on how hard it was to find land and power for new data centers for artificial intelligence, and skepticism abounded over... Read more ›
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Elon Musk’s SpaceX is “behind schedule” preparing its Starship launch vehicle for a U.S. mission to the Moon, so NASA is seeking alternative bids from other companies including Jeff Bezos’ Blue Origin, the space agency’s head said Monday. NASA acting administrator Sean Duffy made the comments in ... Read more ›
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Peter Hoeschele, who runs OpenAI’s Stargate data center team, said at an event last week that the company’s models are essentially in constant training mode. That’s a change from the past, when OpenAI would stop training them when they reached a certain point. “Let’s stop talking about training versus inference,” Hoeschele said after Oracle co-CEO Clay Magouyrk asked him how OpenAI allocates computing resources between training the models and running... Read more ›
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When a crypto crash ricocheted across markets earlier this month, the spotlight landed on Hyperliquid, an exchange that handles more than $13 billion in trades a day with around 11 employees based largely in Singapore. The two-year-old exchange is little known outside crypto markets but wildly popular among traders for offering anonymity, high leverage and giving away a token that has soared in value. Hyperliquid has no outside investors and... Read more ›
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China says it recently uncovered evidence of cyber attacks by the U.S. on a Chinese government agency between 2022 and 2024. The U.S. National Security Agency exploited vulnerabilities in the text-messaging system, staged attacks and took control of mobile devices belonging to several staff ... Read more ›
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The court overseeing Elon Musk’s breach of charitable trust lawsuit against OpenAI on Friday ordered OpenAI co-founder and former chief scientist Ilya Sutskever to provide information about his financial stake in OpenAI and a document called the “Brockman Memo,” an apparent reference to OpenAI’s ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Arena: Call it moneyball for minors—inside the booming business of youth sports apps• The Top 5: Best new places for a tech holiday party • Plus, our Recommendations: “The Big Short” with “Against the Rules: The Big Short Companion,” “Murderland,” and “John Candy: I Like Me”Two months ago, Cleo Abram, a former Vox journalist turned YouTuber, posed an intriguing question to OpenAI CEO Sam... Read more ›
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Many in tech have seen plenty of reasons to celebrate lately—with AI valuations soaring and paydays getting bigger and bigger. And pretty soon it’ll be time to consider the all-important event for tying a ribbon around the year: the holiday party, with the most-prized venues filling up in the next few weeks. The audacious blowouts of the previous decade haven’t quite come back into style yet after dying off during... Read more ›
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An entity being used to fund Meta Platforms’ large-scale data center in Louisiana sold more than $27 billion in debt with an interest rate about 2.25 percentage points above the U.S. Treasury yield. Meta is raising the debt, maturing in 2049, for a roughly $30 billion special-purpose vehicle the ... Read more ›
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Was it something they said? Oracle shares fell 7% on Friday, a day after the software and cloud firm offered investors bullish growth projections for the next five years, both for revenue and for profits. In Oracle’s ideal world, those projections would have put to rest concerns about the cost of its artificial intelligence cloud expansion, which is driving the revenue growth. But as we noted on Thursday, the projections... Read more ›
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Google formally ended on Friday its six-year old effort aimed at ending the use of cookies in its Chrome browser. In a blog post, Google said it would retire a suite of technologies called the Privacy Sandbox that were originally designed to replace cookies. Advertisers use cookies to help track ... Read more ›
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In an abrupt reversal from the stance he communicated earlier this week, Salesforce co-founder and CEO Marc Benioff said he no longer thinks President Trump should send National Guard troops into San Francisco to help fight crime in the city. “My earlier comment came from an abundance of caution ... Read more ›
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Proxy adviser Institutional Shareholder Services on Friday urged Tesla shareholders to reject a proposed pay package for CEO Elon Musk that could be worth up to $1 trillion. ISS, which makes recommendations to large investment funds, also urged Tesla shareholders to reject a nonbinding ... Read more ›
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Lauren Drapp has a hectic job working as a gas scheduler for a private equity firm in Houston, triangulating natural gas between suppliers, pipelines and customers. But she’s arguably even busier as a mother of young athletes: Her two daughters, ages 12 and 13, play on club volleyball and softball teams, each traveling some eight times a year to face the best young talent in their sports across Texas and... Read more ›
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09.05.2026 18:37
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