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Donald Trump says data centre companies should pay communities a ‘dividend’

President Donald Trump said on Wednesday that companies building data centres should pay a dividend to the surrounding communities. He said the money could go to the town as a whole or to local residents and would help win support for the projects. Trump made the case in a Truth Social post as local opposition to the […]

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Supermicro expects up to $19.5bn in quarterly revenue, $4bn above guidance

Supermicro expects to report revenue of $18.5bn to $19.5bn for the three months to September, against the $14.5bn to $15.5bn it had guided. The AI server maker put the gap down to “increased demand for AI platforms”. The company published the preliminary figures in a business update after the US market closed on Tuesday. At […]

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FTC clears Publicis’ $2.2bn LiveRamp deal if rivals keep equal access

The US Federal Trade Commission will let Publicis Groupe buy LiveRamp for $2.2bn, but only if the data company keeps serving the agency’s rivals on equal terms. The proposed consent order, announced on Monday, binds both companies for five years. Publicis must give every LiveRamp customer “non-discriminatory access and support on fair and reasonable terms”. […]

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Meta details Prometheus, the Ohio supercluster heading for 1 million GPUs

Meta’s Prometheus supercluster in New Albany, Ohio, already runs hundreds of thousands of Nvidia GPUs across several buildings, and Meta plans to grow it to about 1 million. The company set out the details in an engineering blog post on Monday. The first phase of the gigawatt-scale cluster is finished. Meta used it to train […]

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Ex-OpenAI research chief Bob McGrew’s Arda raises $232M for US factories

Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $160 million Series A at a $1.5 billion valuation, co-led by Altimeter, Accel and Khosla […]

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ASI hits a $3bn valuation as its AI moves from air traffic to the grid

ASI has raised $325 million in a Series C round that values it at $3 billion, the Boston AI company announced on Tuesday. Its software models air traffic, power grids and military operations hours, days and weeks ahead. The aim is to let operators act before problems spread. Spark Capital led the round. Affiliates of […]

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Robert Downey Jr. joins Snap’s SPECS as honorary customer experience chief

Robert Downey Jr. has joined SPECS, Snap’s augmented reality glasses business, as its honorary chief customer experience officer, Snap announced. His job is to show people what the see-through glasses can do. SPECS runs as Specs Inc., a wholly owned Snap subsidiary. Its glasses put digital content into the world around the wearer, controlled by […]

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Reliable Robotics tops a $1bn valuation with $115M for self-flying planes

Reliable Robotics has raised $115 million, taking its valuation past $1 billion, the company announced on Tuesday. The Mountain View, California, startup builds systems that let existing aircraft taxi, take off, fly and land on their own. The money extends the Series D it announced in April at $160 million, bringing the round to $275 […]

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Sierra and Stripe let AI agents take card payments during calls

Sierra, the AI customer service startup led by Bret Taylor, has partnered with Stripe so its agents can take card payments during phone calls. Customers type their card number on the keypad and the data goes straight to Stripe. Healthcare billing firm Cedar is an early user. Sierra, the AI customer service startup led by […]

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Meta’s policy chief Joel Kaplan will leave the company in 2027

Joel Kaplan, Meta’s chief global affairs officer, will leave the company in 2027 after more than 15 years, Bloomberg reported. He will stay through the US midterm elections. No successor was named, but president Dina Powell McCormick and chief legal officer C.J. Mahoney are taking on more policy work. Joel Kaplan, Meta’s chief global affairs […]

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