Tag: cash
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The Register: Microsoft’s AI masterplan: Let OpenAI burn cash, then build on their successes
Source URL: https://www.theregister.com/2025/04/07/microsofts_ai_strategy/ Source: The Register Title: Microsoft’s AI masterplan: Let OpenAI burn cash, then build on their successes Feedly Summary: Redmond’s not alone: AWS, Alibaba, DeepSeek also rely on others blazing the trail Analysis Microsoft AI CEO Mustafa Suleyman has extolled the virtues of playing second fiddle in the generative-AI race.… AI Summary and…
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Hacker News: SoftBank Group to Acquire Ampere Computing for 6.5B
Source URL: https://group.softbank/en/news/press/20250320 Source: Hacker News Title: SoftBank Group to Acquire Ampere Computing for 6.5B Feedly Summary: Comments AI Summary and Description: Yes Summary: SoftBank Group’s acquisition of Ampere Computing is a strategic move to enhance its AI infrastructure and semiconductor capabilities, critical for developing Artificial Super Intelligence. The transaction, valued at $6.5 billion, emphasizes…
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Hacker News: Google announces agreement to acquire Wiz
Source URL: https://blog.google/inside-google/company-announcements/google-agreement-acquire-wiz/ Source: Hacker News Title: Google announces agreement to acquire Wiz Feedly Summary: Comments AI Summary and Description: Yes Summary: Google has announced the acquisition of Wiz, Inc., a cloud security platform, for $32 billion. This move aims to enhance cloud security and multicloud capabilities for customers, leveraging AI advancements. The partnership is…
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The Register: Cybereason CEO leaves after months of boardroom blowups
Source URL: https://www.theregister.com/2025/03/06/cybereason_ceo_leaves/ Source: The Register Title: Cybereason CEO leaves after months of boardroom blowups Feedly Summary: Complaint alleges 13 funding proposals foundered amid battle for control Eric Gan is no longer CEO of AI security biz Cybereason after what appears to have been a protracted and unpleasant fight with investors, including the SoftBank Vision…
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The Register: Nope. You probably can’t cash in by turning your office or farm into a datacenter
Source URL: https://www.theregister.com/2025/02/27/real_estate_datacenter_conversion/ Source: The Register Title: Nope. You probably can’t cash in by turning your office or farm into a datacenter Feedly Summary: Bit barn developer says your real estate can’t take the heat, and forget nuking it to change that APRICOT 2025 Sorry to be the bearer of bad news, but if you…
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The Register: How mega city council’s failure to act on Oracle rollout crashed its financial controls
Source URL: https://www.theregister.com/2025/02/27/birmingham_oracle_auditors/ Source: The Register Title: How mega city council’s failure to act on Oracle rollout crashed its financial controls Feedly Summary: Missing assessments, hidden caveats, and overoptimism all contributed to fateful decision, auditors find “Huge. There could be major problems transacting leading to late payment or collection of debt. The accounts could be…
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The Register: Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure
Source URL: https://www.theregister.com/2025/02/25/shaking_off_wall_street_jitters/ Source: The Register Title: Despite Wall Street jitters, AI hopefuls keep spending billions on AI infrastructure Feedly Summary: Sunk cost fallacy? No, I just need a little more cash for this AGI thing I’ve been working on Comment Despite persistent worries that vast spending on AI infrastructure may not pay for itself,…
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Hacker News: Tolerating full cloud outages with Monzo Stand-in
Source URL: https://monzo.com/blog/tolerating-full-cloud-outages-with-monzo-stand-in Source: Hacker News Title: Tolerating full cloud outages with Monzo Stand-in Feedly Summary: Comments AI Summary and Description: Yes **Short Summary with Insight:** The text outlines Monzo’s innovative approach to ensuring system reliability and operational resilience through the implementation of its Monzo Stand-in platform, a backup banking infrastructure that operates independently from…