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Moonshot AI has a problem most startups would envy. Its new Kimi K3 model proved so popular that it ran out of computing power to serve everyone. So the Chinese lab has hit pause on new sign-ups. Over the past 48 hours, demand “pushed close to the limits of our current capacity,” the company said […]
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Kimi K3 is so popular Moonshot ran out of GPUs and paused new sign-ups Read More »
Trump Media & Technology Group has reportedly been asking financial-trading firms for about $100,000 a month for the fastest possible feed of Donald Trump’s Truth Social posts, according to the Financial Times, a price tag that turns the president’s typing into a subscription product. The pitch, described to the paper by people familiar with the discussions, offers […]
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Trump Media reportedly pitched traders a $100,000 feed of the president’s posts Read More »
The glass campus in Englewood Cliffs, New Jersey, is barely a year old. Samsung opened it in September 2025 to replace the Ridgefield Park headquarters it had kept since 1992, and now roughly 739 of the people who work there are being told they can follow the company to Texas or start looking elsewhere. The […]
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Samsung cuts 739 New Jersey jobs as its US headquarters heads for Texas Read More »
ASML has spent 2026 getting steadily, expensively larger. The Dutch company whose machines print the world’s most advanced chips is now Europe’s most valuable listed business, worth around $700bn (€600bn), and enough of the investors who own it now say the next round number out loud that the question has stopped sounding fanciful: could ASML […]
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Dutch company ASML is $300bn from a trillion. AI could close the gap Read More »
Nebius raised $775 million in its first secured debt facility, borrowing against deployed GPU infrastructure and contracted cash flows from an investment-grade customer. The facility matures on October 31, 2030, and is priced at SOFR + 2.50%, roughly 6.8% at current rates. Together with the customer agreement’s cash flows, the facility covers more than 100% […]
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One of Nvidia CEO Jensen Huang’s signature black Tom Ford leather jackets sold at Sotheby’s on Friday for $960,000 after 65 bids from 45 collectors. The pre-sale estimate was $40,000 to $60,000. The jacket retails for just under $10,000. Huang wore it in 2023 at a Foxconn event in Taipei and signed it for the […]
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Jensen Huang’s leather jacket sold for $960,000 at Sotheby’s, 96 times its retail price Read More »
AWS Billing Glitch Hits Customers With Billion-Dollar Fees Read More »
Polymarket’s Corporate Structure Is a Mystery—Even to Some of Its Former Employees Read More »
AWS users woke up Friday to find estimated billing emails showing charges ranging from hundreds of millions to $2.5 trillion. A unit pricing error in the AWS Billing Console’s estimated billing computation subsystem was the cause, Amazon confirmed. One Reddit user whose charges totalled $0.19 last month received an estimated bill of nearly $2.5 billion. […]
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An AWS billing bug sent users estimated charges of up to $2.5 trillion Read More »
Palantir CEO Alex Karp estimated that AI could make him “20x wealthier,“ implying a fortune approaching $300 billion, up from roughly $15 billion today. Middle-class workers, he said, might simply see their salaries double over the next decade. Karp called the disparity “a complete decoupling of unimaginable wealth and normal wealth” and said it is […]
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