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Tag: financial implications

  • The Register: CoreWeave cools its jets, downsizing IPO as investor heat fades

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    Kurt Seifried
    in

    Source URL: https://www.theregister.com/2025/03/28/coreweave_downsizes_ipo/ Source: The Register Title: CoreWeave cools its jets, downsizing IPO as investor heat fades Feedly Summary: That stands for I Probably Overestimated? CoreWeave has pared back the scope of its initial public offering amid growing investor uncertainty in an overheating AI marketplace and risks posed by the GPU cloud specialist’s exposure to…

  • Slashdot: Microsoft Abandons Data Center Projects, TD Cowen Says

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    Kurt Seifried
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    Source URL: https://slashdot.org/story/25/03/26/1832216/microsoft-abandons-data-center-projects-td-cowen-says?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Microsoft Abandons Data Center Projects, TD Cowen Says Feedly Summary: AI Summary and Description: Yes Summary: Microsoft has pulled back on new data center projects in the US and Europe, largely due to excessive supply in the AI power infrastructure market. This move is closely tied to their revised…

  • The Register: The post-quantum cryptography apocalypse will be televised in 10 years, says UK’s NCSC

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/20/ncsc_post_quantum_cryptogrpahy/ Source: The Register Title: The post-quantum cryptography apocalypse will be televised in 10 years, says UK’s NCSC Feedly Summary: Wow, a government project that could be on time for once … cos it’s gonna be wayyyy more than a decade The UK’s National Cyber Security Centre (NCSC) today started the post-quantum cryptography…

  • The Register: Euro techies call for sovereign fund to escape Uncle Sam’s digital death grip

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/17/european_tech_sovereign_fund/ Source: The Register Title: Euro techies call for sovereign fund to escape Uncle Sam’s digital death grip Feedly Summary: Nearly 100 orgs plead for homegrown lifeline amid geopolitical tensions A group of technology companies and lobbyists want the European Commission (EC) to take action to reduce the region’s reliance on foreign-owned digital…

  • Hacker News: Microsoft is plotting a future without OpenAI

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    Kurt Seifried
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    Source URL: https://techstartups.com/2025/03/07/microsoft-is-plotting-a-future-without-openai/ Source: Hacker News Title: Microsoft is plotting a future without OpenAI Feedly Summary: Comments AI Summary and Description: Yes Summary: The text discusses Microsoft’s ambitions to reduce its reliance on OpenAI by developing in-house AI models under Mustafa Suleyman’s leadership. This shift aims to lower costs and regain control over AI technologies,…

  • The Register: How the collapse of local cloud provider caused biz continuity issues in UK government

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    Kurt Seifried
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    Source URL: https://www.theregister.com/2025/03/03/collapse_of_ukcloud_hurt_govt/ Source: The Register Title: How the collapse of local cloud provider caused biz continuity issues in UK government Feedly Summary: And that was on top of a £17.5 million underwriting bill for insolvent UKCloud The collapse of a relatively small “local" cloud hosting service caused "real business continuity issues" in the UK’s…

  • Simon Willison’s Weblog: Quoting Ethan Mollick

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    Kurt Seifried
    in

    Source URL: https://simonwillison.net/2025/Mar/2/ethan-mollick/ Source: Simon Willison’s Weblog Title: Quoting Ethan Mollick Feedly Summary: After publishing this piece, I was contacted by Anthropic who told me that Sonnet 3.7 would not be considered a 10^26 FLOP model and cost a few tens of millions of dollars to train, though future models will be much bigger. —…