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Blackstone’s AirTrunk seeks $3bn loan for one Sydney data centre

AirTrunk wants to borrow A$4.3bn, roughly $3bn, to build a single data centre in Sydney. The Blackstone-owned operator is in talks with banks to fund SYD3, a hyperscale facility of more than 400 megawatts, according to people familiar with the matter. The scale of the loan is a measure of how large, and how power-hungry, […]

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Lenovo taps $2bn convertible market to refinance and buy back stock

Lenovo has raised $2bn through seven-year convertible bonds, and the most notable thing about the debt is that it pays nothing. The Beijing-based maker of computers and AI servers sold zero-coupon notes due in 2033, priced at a conversion premium of 47.5% to Wednesday’s closing share price. Investors are lending the company money for free, […]

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What to know about budgeting for pentesting: tools vs services

Budgeting for pentesting is no longer a simple choice between buying a tool or hiring an outside firm once a year. Pentesting, or searching for vulnerabilities in one’s cybersecurity defenses by launching a mock cyberattack against it, has become a fundamental method of improving an organization’s security posture. Budgeting for it can present some unique challenges, however, as […]

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Bosch to pay US $36m over unlicensed shipments to Huawei

Robert Bosch, the German engineering group, has agreed to pay the United States $36m to settle claims that two of its non-US subsidiaries shipped sensor products and software to China’s Huawei without the required licences. The US Commerce Department announced the settlement on Wednesday. The goods, worth more than $70m, went out on over 100 […]

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SK Hynix ships first 12-layer HBM4E samples to AI customers

SK Hynix said on Thursday that it had begun shipping samples of HBM4E, its next generation of high-bandwidth memory for AI, to major customers. The number that matters is the one the chipmaker is leading with: a 12-layer stack reaching 48GB of capacity, running at up to 16Gbps per pin, with power efficiency improved by […]

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Parafin lands a Goldman Sachs credit facility to embed lending inside Amazon, DoorDash, and Walmart

Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for small businesses through platforms including Amazon, DoorDash, Gusto, TikTok Shop, and Walmart. The company’s model is straightforward. […]

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Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence contract. Daimler Truck launched a dedicated defence brand. Renault partnered with Thales for armoured vehicles. Mercedes-Benz teamed up with a German startup to build anti-drone platforms. The European car industry is retooling for rearmament. Ineos […]

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Microsoft might put China’s DeepSeek inside Copilot to tame its AI bills

Microsoft is considering putting a Chinese AI model inside its enterprise Copilot, and the reason is money. The company told Axios it is exploring a self-hosted, fine-tuned version of DeepSeek V4, or another open-source model, as a cheaper option to power Copilot Cowork, the agentic assistant in its Microsoft 365 suite. It expects to offer […]

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