Tag: investment
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The Register: London has 400 GW of grid requests holding up datacenter builds
Source URL: https://www.theregister.com/2025/02/10/london_has_400_gw_of/ Source: The Register Title: London has 400 GW of grid requests holding up datacenter builds Feedly Summary: And up to 70% of stalled energy generation projects are unlikely to be approved, claims regulator Ofgem While the UK government wants to turbocharge datacenter construction, a newly published report says there are already 400…
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The Register: India wants all banking to happen at dedicated bank.in domain
Source URL: https://www.theregister.com/2025/02/10/india_bank_dotin_plan/ Source: The Register Title: India wants all banking to happen at dedicated bank.in domain Feedly Summary: With over 2,000 banks in operation, the potential to make life harder for fraudsters is obvious India’s Reserve Bank last week announced a plan to use adopt dedicated second-level domains – bank.in and fin.in – in…
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Hacker News: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation
Source URL: https://techcrunch.com/2025/02/07/report-ilya-sutskevers-startup-in-talks-to-fundraise-at-roughly-20b-valuation/ Source: Hacker News Title: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation Feedly Summary: Comments AI Summary and Description: Yes Summary: Safe Superintelligence, an AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, is in discussions to secure funding at a valuation of at least $20 billion. This…
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Hacker News: Three Observations
Source URL: https://blog.samaltman.com/three-observations Source: Hacker News Title: Three Observations Feedly Summary: Comments AI Summary and Description: Yes **Summary:** The text discusses the potential impacts and implications of Artificial General Intelligence (AGI), highlighting its evolving role in society and the economy. It emphasizes the necessity for AGI to benefit humanity broadly, addressing the challenges it presents…
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The Register: France, UAE to drop €50B on AI mega-datacenter. Still nowhere near America’s $500B bet
Source URL: https://www.theregister.com/2025/02/08/uae_france_dc_ai/ Source: The Register Title: France, UAE to drop €50B on AI mega-datacenter. Still nowhere near America’s $500B bet Feedly Summary: Oh look, a mini Stargate, how quaint The United Arab Emirates (UAE) and France this week announced plans for a one-gigawatt AI datacenter campus dedicated to advancing development of artificial intelligence.… AI…
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The Register: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint
Source URL: https://www.theregister.com/2025/02/07/softbank_invests_40b_openai/ Source: The Register Title: SoftBank woos OpenAI with $40B, making Microsoft’s $13B look quaint Feedly Summary: Some of that cash is reportedly headed for $500B Stargate dream The AI investment landscape is shifting once again, with SoftBank reportedly finalizing a $40 billion stake in OpenAI – pushing its valuation to around $300…