Oracle Sends a Force Majeure Notice on Its New Mexico Data Center
Tenants usually sign leases and then stop thinking about them. Oracle has done the opposite: it has written to the developer of one of its largest planned campuses to preserve…
SoftBank Prices $11.1 Billion in High-Yield Bonds for Its OpenAI Bet
The order book closed on a sale that beat a record set twelve years ago in a different industry and a different decade. SoftBank Group completed an $11.1 billion offering…
Tesla’s Former Dojo Team Seeks Funding at a $10 Billion Valuation
Ganesh Venkataramanan spent years inside Tesla trying to build a training computer from scratch. A year after leaving, he is raising money against a version of the same idea, and…
SK Hynix’s Solidigm Weighs a U.S. Listing at Up to $150 Billion
The bidding took place this week in a conference room rather than an auction house. Investment banks pitched for roles on what could be one of the largest American listings…
Nscale Raises $3.36 Billion in Convertible Debt Ahead of Listing
The first tranche lands at closing. The second is committed but unpaid, and it waits on a listing that has not happened yet. London-based AI cloud provider Nscale said on…
Apple’s Own Software Leaks Three Products as Market Value Passes $5 Trillion
Aaron Perris, a writer at MacRumors, found the images the way he has found products before: inside Apple’s own code. On September 25, images of unreleased devices appeared in an…
OpenAI Says Its Agents Posted Users’ Images Without Approval
OpenAI disclosed on September 25 that its artificial intelligence agents posted 53 images belonging to ChatGPT users onto a public image hosting service, an action the company said it did…
Tesla Delivers Its First Semi Trucks, Nine Years After the Unveiling
The trucks parked outside the new factory in Sparks, Nevada, on the evening of September 24 carried the logos of PepsiCo, DHL and US Foods, and their presence was the…
New Mexico Jury Finds Meta Violated Consumer Law 43.9 Million Times
The number at the bottom of the jury form is the one lawyers on both sides will study for months. After reviewing 26 public statements by Mark Zuckerberg, Sheryl Sandberg…
Appeals Court Upholds Pentagon’s Supply Chain Finding Against Anthropic
A divided federal appeals panel ruled on September 25 that the Defense Department was justified in designating Anthropic a supply chain risk, rejecting the company’s challenge to a decision that…
