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Lambda is in talks to raise up to $3bn in pre-IPO financing at a valuation of $12bn or more, according to Bloomberg, as the Nvidia-backed cloud provider prepares for a listing expected next year. The raise follows a very different kind of financing earlier in its run, when Lambda borrowed $917mn against its GPUs to buy more […]
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Lambda is raising up to $3bn before an IPO, months after borrowing $917m for chips Read More »
Alibaba’s two most senior executives bought about $15.3m of their own company’s shares on Monday. The stock had just fallen further than at any point in more than a year. Chairman Joe Tsai and chief executive Eddie Wu spent a combined HK$120m, according to filings with the Hong Kong exchange. What each of them bought […]
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Alibaba shares fell 8.4%. Then Joe Tsai and Eddie Wu went shopping Read More »
Cloudflare’s EmDash CMS, the spiritual successor to WordPress, is set to release version 1.0 soon after proving itself on their high traffic blog.
The post Cloudflare Says EmDash Version 1.0 Is Releasing Soon appeared first on Search Engine Journal.
Cloudflare Says EmDash Version 1.0 Is Releasing Soon via @sejournal, @martinibuster Read More »
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Border Wall Construction Threatens 6,000 Years of History on Private Lands Read More »
Texas governor Greg Abbott says data centre companies brought the backlash on themselves. “They basically dug their own grave for the problem that’s been caused for them,” he told ABC’s Jonathan Karl on Sunday. “And that’s why they got the backlash they deserve.” Andrew Pantazi and Ben Geman reported the remarks for Axios. They called […]
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Trump says refusing a data centre is a mistake. Abbott disagrees Read More »
For the better half of the last three years, the prevalence of AI in finance had been largely relegated to a chatbot bolted onto a dashboard. Its capabilities were limited to simple explanations and not direct action (such as executing transactions, placing sell orders, etc) but all that has changed recently because by the end […]
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