Meta and BlackRock build $14B, 1GW El Paso data center
Meta and BlackRock formed a venture to build a 1-gigawatt, $14 billion data center campus in El Paso, Texas, with capacity expected to come online in…
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Category: News
Taiwan detains Nvidia employee in AI chip smuggling probe
Taiwanese prosecutors detained an Nvidia employee in a probe into alleged AI chip smuggling into China, after searching his Taipei home and office in July.
Amazon winds down Nova models, bets on Frontier Model Group
Amazon is retiring most of its flagship Nova AI models and moving its engineers to a new frontier group led by Pieter Abbeel, reversing its 2023…
Polymarket Traders Triple Odds of a Surprise Fed Rate Hike Ahead of Wednesday’s Decision
Hike contracts surged to about 27% from 7% a week ago in the $102 million market, even as bitcoin options traders drop their hedges into the…
Fanatics Buys CFTC-Regulated Exchange From BGC to Power Its Prediction Markets Push
Acquiring Water Street Labs and CX Clearinghouse lets the sports giant list and settle its own event contracts against Kalshi and Polymarket.
ASML Falls 7% After Report a Chinese State-Backed Firm Began Making DUV Chip Machines
The Information says an unnamed Shanghai company has started manufacturing immersion DUV lithography tools, dragging Applied Materials and Lam Research down with the Dutch giant.
Apple Overtakes Nvidia as World’s Most Valuable Company After AI Selloff
Apple closed at a $4.9 trillion valuation as Nvidia slid almost 5% to $4.8 trillion — a flight to safety that rewards the one giant that…
Perplexity Releases pplx, a JSON-Only Search CLI Built for Coding Agents
The official command-line client offers exactly two commands, deterministic exit codes and token budgeting — and deliberately no chat mode at all.
OpenAI Research: 43.5% of Occupation-Specific ChatGPT Messages Cross Into Other Jobs
An analysis of 800,000-plus messages finds AI is quietly expanding what workers do — a pattern OpenAI calls task crossover, strongest in small businesses and design…
Circle Buys IBM’s Blockchain Patent Portfolio, Becoming Largest US Blockchain Patent Holder
The USDC issuer picks up more than 680 patent families and nearly 1,000 issued patents spanning banking, insurance and supply chains, for an undisclosed sum.