22-year-old billionaires pay professionals $2M a day to train the AI that could replace them
gettyimages.com / Stefanie Keenan Doctors, lawyers, investment bankers and journalists are moonlighting as AI trainers. Are they securing…
Google, CoreWeave Fuel AI Funding Frenzy With $6.7 Billion Bonds
(Bloomberg) — There’s no stopping the artificial intelligence financing boom, with a record deal involving Google-backed data centers…
China’s Economy Rides Out War as Growth Unexpectedly Hits 5%
(Bloomberg) — China’s economic growth rebounded more than expected in the first quarter, suggesting limited spillovers so far…
Microsoft Takes Over Stargate Norway Data Center From OpenAI
(Bloomberg) — Microsoft Corp. has agreed to rent data center capacity at a site in Norway that was…
Commonwealth Bank warning after China cuts off critical chemical export: ‘Already tight’
China’s latest move amid the Iran conflict could be another blow to farmers and food prices. (Source: Getty/Yahoo…
Epic Games pins ‘Fortnite’ comeback on Disney partnership
When Epic Games laid off 1,000 employees as part of a $500 million cost-saving effort last month, it…
China’s Victory Giant Seeks Up to $2.2 Billion in Hong Kong Listing
(Bloomberg) — Victory Giant Technology Huizhou Co. began taking investor orders for a listing in Hong Kong that…
Epic is reportedly building an extraction shooter for Disney
Besides a wealth of Fortnite skins based on Disney IP, it hasn’t really been clear what the entertainment…
Apple’s foldable iPhone is reportedly at risk of delay
Apple has run into “more issues than expected” with its foldable iPhone that may set back its release,…
Samsung Beats High Estimates After AI Chip Sales Defy War Fears
(Bloomberg) — Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for…
Nvidia-Backed Data Center Builder Firmus Raises $505 Million
(Bloomberg) — Data center builder Firmus Technologies Pty raised $505 million in an investment round led by Coatue…
OpenAI Is Falling Out of Favor With Secondary Buyers
(Bloomberg) — OpenAI shares have fallen out of favor on the secondary market — in some cases becoming…