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Joby flexes military muscle with $500 million defense acquisition Read More »
A New Trick Reveals AI Models’ Inner Thoughts Read More »
Amkor Technology, one of the world’s largest outsourced chip assembly and testing firms, is weighing a sale of a stake in its China operations, a deal that could value the unit at between $1bn and $1.5bn, according to Bloomberg. The Arizona-based company, which has been pouring record sums into advanced packaging, has engaged an adviser to […]
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Amkor weighs a $1bn-plus stake sale in its China chip unit Read More »
Uniper, the German energy giant that Berlin rescued from collapse three years ago, is betting its next chapter on the server racks now reshaping Europe’s power market. The utility plans to invest around €5bn ($5.7bn) by 2030 in a strategy that pivots hard toward data centres, and toward the electricity they consume in ever greater […]
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Germany’s Uniper pivots to data centres with a €5bn plan to power the AI boom Read More »
Anthropic has struck another enormous deal to feed its appetite for computing power, and this time the counterparty is a company that until recently made its money digging up bitcoin. The twenty-year arrangement is worth $9.1 billion and gives the Claude maker a large slab of capacity at a Texas campus that Riot Platforms is […]
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Anthropic signs a $9.1bn, 20-year cloud deal with bitcoin miner Riot Platforms Read More »
Intel has announced a $15bn common-stock offering, a sale that could swell to as much as $20bn if underwriters take up their overallotment options. It is a bold move for a company that, not long ago, looked like a cautionary tale, and it shows just how far the chipmaker’s fortunes have turned in the space […]
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Intel raises up to $20bn to fund its foundry bet against TSMC Read More »
Nvidia has recruited six of the largest names in finance to help turn its chips into something a bank can lend against. The company announced partnerships with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to build what it calls “compute financing platforms”, structures designed to mobilise over $500bn of third-party capital for AI infrastructure. […]
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Six finance giants back Nvidia’s $500bn plan to fund the AI buildout Read More »
Vienna startup most of the tech world has not heard of just posted numbers that would turn heads anywhere. fonio.ai, a European platform for AI-powered customer calls, says it has surpassed $10m in annual recurring revenue in under twelve months. Since February, when the company switched from a prepaid model to subscriptions, it says it […]
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Mark Zuckerberg doesn’t understand how to live Read More »
The Arena Group is renaming itself Paradium.AI. The publisher of TheStreet, Parade and Men’s Journal expects the change to finish by the end of August. Business Insider had it first. Steven Tweedie and Ben Shimkus obtained a staff memo from chief executive Paul Edmondson, confidential until 4:05 PM ET, five minutes after the closing bell. […]
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The Arena Group is renaming itself Paradium.AI, and its revenue just halved Read More »