Tesla Recalls Nearly 3 Million Cars in China; Robotaxi Event Set for Sept. 3
On a collision, the low-voltage electrical system that powers the door buttons dies. The occupants reach for handles that look like part of the trim and are hard to find…
Microsoft’s AI Backlog Climbs to $678 Billion
The number, buried in Microsoft’s latest quarterly filing, is now the most cited figure in the debate over whether the AI boom is real: $678 billion in contracted but unrecognized…
Nvidia in Talks to Back AI Data Supplier Mercor
The training data that powers Nvidia’s open-source model ambitions may soon have a new financial backer: Nvidia itself. The chip maker is in talks to invest in Mercor, an AI…
Nebius Plans $4.5 Billion Convertible Sale to Keep Pace in AI Cloud Race
Nebius Group said Wednesday it plans to raise $4.5 billion through a private placement of convertible senior notes, money it will use to build data centers and expand its AI…
Ackman’s Bet on a Stake for Everyone at Pershing Square
Bill Ackman was a few minutes into the podcast when he dropped the detail that made the clip travel. At Pershing Square, the $35 billion hedge fund he founded, even…
Nebius Swaps Gas Turbines for Fuel Cells at 300-Megawatt Data Center
Nebius, the AI cloud company, said on Aug. 17 that its 300-megawatt data center in New Jersey will run on Bloom Energy fuel cells instead of gas turbines, a switch…
Beijing Orders State Bodies to Uninstall Custom Windows 10 Ahead of Schedule
China’s Ministry of State Security has told some state institutions to remove the government-customized edition of Microsoft’s Windows 10 from their computers, earlier than the original timetable, Bloomberg reported on…
Nvidia Puts $105 Billion Guarantee Behind OpenAI-Bound Ohio Data Center
The chip maker that powered the AI boom is now underwriting its real estate. Nvidia on Aug. 17 announced a multi-year partnership with SB Energy to advance the PORTS Technology…
Nvidia Backs OpenAI’s Ohio Campus With $105 Billion Guarantee
PIKE COUNTY, Ohio — The site sits on the former Portsmouth Gaseous Diffusion Plant, a Cold War relic whose enrichment buildings have stood empty for decades. By the end of…
SK Group Chairman Fights 944 Billion Won Divorce Ruling
SEOUL — Chey Tae-won, the chairman of SK Group, has spent years fighting two battles at once: one to keep his conglomerate atop South Korea’s corporate order, the other to…
