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Nvidia will put $3bn into Meta and work more closely with it on Muse, Meta’s personal AI agent, the two companies announced today. The money is part of the share sale Meta launched on Monday to pay for its growing AI spending. Since then, Meta has raised the common-stock portion of the sale to $25bn […]
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Nvidia to invest $3bn in Meta and expand work on Muse agent Read More »
Why Anthropic’s IPO Prospectus Is Missing So Many Key Figures Read More »
Johnny Rodgers, one of Slack’s original eight team members, has written a first-hand account of Slack’s first two years inside Salesforce. It quotes Stewart Butterfield, Slack’s co-founder and former chief executive, throughout. Rodgers spent 11 years at Slack and left in the spring of 2023. He published the second part of his Building Slack series […]
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Slack’s founder got one hour with Benioff before the $27.7bn sale Read More »
Skydance, the company formed by Paramount’s $110bn takeover of Warner Bros. Discovery, is offering some employees voluntary buyouts as it looks to cut costs. Co-chief executives David Ellison and Ynon Kreiz announced the programme in a memo to staff on Monday, The Hollywood Reporter reported. The memo did not say which roles are eligible. Eligible staff will […]
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Skydance offers staff buyouts after Warner Bros merger Read More »
Shares in CoreWeave, Nebius and Iren fell in early trading on Monday after Elon Musk wrote that most neoclouds will not survive. All three rebounded later in the day, as Arjun Kharpal reported for CNBC. Neoclouds rent out AI computing power, mostly Nvidia chips, to other companies. Musk set out his view in a post […]
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Elon Musk says debt markets have shut out neoclouds and few will survive Read More »
Bending Spoons now owns Miro, the online whiteboard used by more than 250,000 organisations. The Milan group closed the all-cash Miro deal on Monday, it said in a statement on Business Wire. Bending Spoons agreed to buy Miro in September at an enterprise value of $1.355bn. That deal came weeks after its purchase of Airtable. […]
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Bending Spoons completes its $1.355bn Miro acquisition Read More »
SWI Group, the Amsterdam-listed investment group, has launched SWI Compute to build and run Nvidia AI factories, starting in Europe. The new business has ordered about $1bn of Nvidia systems and plans its first large site in the UK. That UK factory will start at 30MW. It will hold close to 7,000 Rubin GPUs and […]
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SWI Compute plans a 530MW Nvidia AI factory campus in the UK Read More »
Verizon CEO Dan Schulman said SpaceX would need up to $500B, up to 80,000 cell towers and as many as eight years to build a US mobile network that matches Verizon’s, Business Insider reported. Elon Musk replied on X that it “will take 2 or 3 years“. SpaceX would need up to $500B and as […]
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Verizon CEO says SpaceX would need $500B to compete in US wireless Read More »
The NBA’s response to gambling scandals is to add more gambling partnerships Read More »
SoftBank founder Masayoshi Son has picked Malaysia for $50bn of investment in AI, new technology and data centres. Prime minister Anwar Ibrahim made the announcement on Saturday. Anwar said Son told him about the plan during a video call on Tuesday. He spoke in Malacca, at the launch of a national cost of living plan. […]
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SoftBank’s Masayoshi Son picks Malaysia for $50bn of AI investment, Anwar says Read More »