π¨ TODAY: Elon Musk says companies banking on future AI revenue are struggling to secure debt. He expects most of the 200-plus neocloud providers to go under.
SpaceX, by contrast, secured $40B in GPU financing backed by revenue from Starlink and its launch business.
CoreVault
SpaceX, by contrast, secured $40B in GPU financing backed by revenue from Starlink and its launch business.
CoreVault
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β‘οΈ Vitalik Buterin backs Kimi 3.1βs choice to exclude offensive cyber capabilities from its training data. He cautions that mishandling AI risks could lead to heavily restricted models, accessible only to users who pass KYC checks.
CoreVault
CoreVault
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π¨ BREAKING: Microsoft is offering voluntary buyouts to around 60,000 employees, CNBC reports.
The move comes six months after the company launched its first voluntary retirement program, as spending on AI data center expansion continues to climb.
CoreVault
The move comes six months after the company launched its first voluntary retirement program, as spending on AI data center expansion continues to climb.
CoreVault
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β‘ BREAKING: The FTC is seeking testimony from Anthropic executives as part of its consumer harm investigationβon the very day the company is pitching investors on what could be one of the largest IPOs ever.
The timing speaks for itselfβ¦
CoreVault
The timing speaks for itselfβ¦
CoreVault
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πΊπΈ JUST IN: Ripple CEO Brad Garlinghouse says the OCC has granted final approval for Ripple National Trust Bank, giving $RLUSD and Rippleβs institutional crypto custody business a federally supervised home.
CoreVault
CoreVault
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