SoftBank just borrowed $40B from Wall Street's biggest banks with no collateral, and the repayment timeline tells you exactly when OpenAI is going public. JPMorgan and Goldman Sachs extended a 12-month unsecured loan to SoftBank for $40 billion, one of the largest such facilities ever structured
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The AI boom is choking on its own success, and SK hynix just threw $14 billion at the problem. SK hynix is planning a US IPO that could raise $10-14 billion to build more high-bandwidth memory capacity for AI chips.
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A New Mexico jury just handed Meta a $375 million bill for child safety violations, and the penalty structure tells you everything about how states will regulate platforms in the Web4 era.
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Arm just stopped being Switzerland in the chip wars. Meta and OpenAI committed to buying Arm's first AI server chip, marking Arm's pivot from IP licensor to hardware manufacturer The CPU is designed to handle AI workloads more efficiently than GPUs, targeting data center infrastructure
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The Iran war just broke the 60/40 portfolio, and most investors are still pretending their diversification will save them.
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A company that's barely two years old and builds software for robots is about to be valued higher than most industrial manufacturers. Physical Intelligence is raising $1 billion at an $11 billion valuation, with Founders Fund, Lightspeed, and Thrive participating
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Meta's betting that the real AI glasses market isn't tech early adopters—it's the 164 million Americans who already wear glasses every day. Meta is launching two new Ray-Ban smart glasses models next week designed specifically for prescription lens wearers
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A 230-year-old Swiss industrial company just gave 650 employees AI assistants and cut knowledge work time in half. STADLER, a family-owned Swiss manufacturer, deployed ChatGPT across its entire workforce and is seeing 50% time savings on routine knowledge tasks
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Oracle's credit risk just hit an all-time high, and the reason tells you everything about who's going to survive the AI infrastructure build-out. Oracle's credit risk gauge closed at a record high Friday, signaling investor concern over the company's debt load as it races to build AI infrastructure
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Physical Intelligence, the two-year-old robotics startup staffed by ex-DeepMind researchers, is raising $1 billion at an $11 billion valuation, and the only question that matters is whether they've actually solved embodied AI or just convinced investors they will.
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Meta just committed to building seven new gas plants for one data center, and the AI industry's energy problem just became impossible to ignore. Meta is funding seven new natural gas-fired power plants to power its Hyperion data center in rural Louisiana, the company's most power-hungry facility
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Google is bankrolling the infrastructure for its biggest AI competitor, and that should tell you everything about where the compute wars are headed. Google is in talks to finance a multibillion-dollar Texas data center leased to Anthropic through construction loans to operator Nexus Data Centers
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Midjourney's founder is telling users to "touch grass" while his profitable image generator bleeds relevance to Google's free alternative. Midjourney v8 has missed release dates from end of 2025 through March 2026, with founder David Holz publicly deflecting frustrated users on Discord
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The data center boom is cracking power grids and pissing off neighbors, and now the pushback is starting to win. Tech giants are scrambling to address backlash as AI data centers strain electrical grids, spike utility bills, and face community opposition across multiple states
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A White House veteran who builds AI operating systems for government just told regulators to pump the brakes on agent rules. Joe Scheidler, CEO of Helios and former White House/State Department advisor, warns that over-regulating agentic AI workflows could backfire
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Microsoft just grabbed 900 megawatts of data center capacity that Oracle and OpenAI couldn't make work. Microsoft is leasing a massive data center project with 900MW of capacity after both Oracle and OpenAI abandoned it
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Someone just built a production AI agent that runs on a server cheaper than a Netflix subscription and uses IRC, a chat protocol from 1988. Developer George Larson deployed two AI agents on a $7/month VPS using IRC as the transport layer, with the public-facing binary weighing just 678 KB
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Microsoft just picked up a 900MW data center site in Texas that Oracle and OpenAI both passed on, and the story of why tells you everything about the infrastructure crunch in AI.
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Microsoft is having its worst quarter since 2008, and AI is both the poison and the cure. Microsoft stock is on track for its worst quarterly performance since the 2008 financial crisis, caught between two AI-driven market forces
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An 82-year-old Kentucky woman just did what most venture capitalists cannot: she said no to $26 million from an AI company that wanted her land for a data center.
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