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Tag: Equity

  • The Register: AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/01/15/ai_macquarie_applied_digital/ Source: The Register Title: AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters Feedly Summary: Bubble? What bubble? Fears of an AI bubble have yet to scare off venture capitalists and private equity firms from pumping billions of dollars into the GPU-packed datacenters at the heart of the…

  • The Register: With AI boom in full force 2024 datacenter deals reach $57B record

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    Source URL: https://www.theregister.com/2025/01/14/2024_datacenter_deals/ Source: The Register Title: With AI boom in full force 2024 datacenter deals reach $57B record Feedly Summary: Fewer giant deals, but many more smaller ones, in bit barn feeding frenzy Datacenter merger activity soared to new heights in 2024, with $57 billion in deals closed over the 12 months. If you’re…

  • Hacker News: Mark Zuckerberg says AI could soon do the work of Meta’s midlevel engineers

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    Source URL: https://www.businessinsider.com/mark-zuckerberg-meta-ai-replace-engineers-coders-joe-rogan-podcast-2025-1 Source: Hacker News Title: Mark Zuckerberg says AI could soon do the work of Meta’s midlevel engineers Feedly Summary: Comments AI Summary and Description: Yes Summary: Mark Zuckerberg announced that Meta plans to automate midlevel software engineering jobs using AI, potentially leading to a significant transformation in the tech labor market. The…

  • The Register: OpenAI plans to ring in the New Year with a for-profit push

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    Source URL: https://www.theregister.com/2024/12/27/openai_for_profit_push/ Source: The Register Title: OpenAI plans to ring in the New Year with a for-profit push Feedly Summary: We have altered the deal, pray we don’t alter it any further Amid growing competition and skyrocketing compute requirements necessary to support the next generation of AI models, OpenAI is shaking up its corporate…

  • Slashdot: OpenAI Plans Corporate Overhaul To Draw More Investment

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    Source URL: https://slashdot.org/story/24/12/27/1321234/openai-plans-corporate-overhaul-to-draw-more-investment Source: Slashdot Title: OpenAI Plans Corporate Overhaul To Draw More Investment Feedly Summary: AI Summary and Description: Yes Summary: OpenAI’s transformation into a Delaware public benefit corporation marks a significant shift in its corporate model, aimed at facilitating greater fundraising potential to enhance AI development. This restructuring is particularly relevant in the…

  • Hacker News: Harper (YC W25) Is Hiring Founding Engineer #2

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    Source URL: https://www.ycombinator.com/companies/harper/jobs/y8KjuRZ-founding-ai-engineer Source: Hacker News Title: Harper (YC W25) Is Hiring Founding Engineer #2 Feedly Summary: Comments AI Summary and Description: Yes **Summary:** The text discusses a revolutionary insurance brokerage project driven by AI, emphasizing the need for engineers skilled in developing complex AI systems. The focus is on automating intricate workflows and decision-making…

  • Slashdot: Microsoft-OpenAI Deal Defines AGI as $100 Billion Profit Milestone

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    Source URL: https://slashdot.org/story/24/12/26/1613249/microsoft-openai-deal-defines-agi-as-100-billion-profit-milestone?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Microsoft-OpenAI Deal Defines AGI as $100 Billion Profit Milestone Feedly Summary: AI Summary and Description: Yes Summary: The text discusses significant negotiations between OpenAI and Microsoft regarding their partnership, which centers on the future of artificial general intelligence (AGI) and potential profit-sharing. This transformation signals a pivotal shift in…

  • Slashdot: Arizona Races To Power Data Center Boom as Maricopa County Set For Number 2 Spot

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    Source URL: https://news.slashdot.org/story/24/12/24/1648220/arizona-races-to-power-data-center-boom-as-maricopa-county-set-for-number-2-spot?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Arizona Races To Power Data Center Boom as Maricopa County Set For Number 2 Spot Feedly Summary: AI Summary and Description: Yes Summary: The development of Maricopa County into the second-largest data center hub in the nation reflects significant trends in cloud infrastructure, energy management, and regional economic growth.…

  • Wired: Google Says It Won’t Force Gemini on Partners in Antitrust Remedy Proposal

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    Source URL: https://www.wired.com/story/google-gemini-antitrust-remedy-search/ Source: Wired Title: Google Says It Won’t Force Gemini on Partners in Antitrust Remedy Proposal Feedly Summary: Google dominated the last era of search. Now the company and the US Justice Department are battling over how to set a fair playing field for generative AI. AI Summary and Description: Yes Summary: The…