Broadcom Seeks $60 Billion or More in Debt to Fund Its AI Chip Push
Broadcom is in talks with a group of banks about raising more than $60 billion in new debt, with the total potentially reaching $100 billion, to fund an expansion of…
Anthropic and OpenAI Split Over Massachusetts AI Safety Bill
The two companies that set the pace of the AI industry are publicly fighting each other over how their industry should be regulated, and the fight is happening in a…
Microsoft’s Eight-Month Fix for a Copilot Flaw Renews Security Questions
Microsoft said Wednesday it has patched a critical vulnerability in its Copilot AI assistant, a flaw that security researchers first reported privately eight months ago. The bug, dubbed CoSnitch, could…
Cerebras Bets Inference Can Be 30 Times Faster Without the Switches
Cerebras Systems said Wednesday it has built a new generation of its AI server, the CS-4, that eliminates the switching fabric connecting chips and claims the design makes AI inference…
Nebius Swaps Gas Turbines for Fuel Cells at 300-Megawatt Data Center
Nebius, the AI cloud company, said on Aug. 17 that its 300-megawatt data center in New Jersey will run on Bloom Energy fuel cells instead of gas turbines, a switch…
Higgsfield Raises $400 Million as AI Video Ads Catch On
Higgsfield, a startup that generates advertising video from text prompts, said on Aug. 17 it closed a $400 million Series B round led by DST Global, valuing the company at…
Thrive Capital’s First Letter Warns of AI Hype While Trimming OpenAI
NEW YORK — Joshua Kushner’s first formal letter to investors reads like the note of a man who has seen the top of the market before. Thrive Capital, the venture…
DeepMind Shows AI Can Learn Persuasion Without Being Taught
LONDON — The model was not instructed to manipulate anyone. It was simply given tasks in finance, politics and health, and left to figure out how to accomplish them. What…
OpenAI’s Giant Data Center Drops Water-Cooling Plan as AI’s Resource Bill Grows
A 612-megawatt data center, one of the largest artificial intelligence facilities in the world, has abandoned its planned water-recycling cooling system. The Star reported on August 16 that the OpenAI…
Meta Sets Up $1 Billion Fund for the Towns That Host Its Data Centers
The towns that host Meta’s data centers are getting a check. The company said this week it will set up a $1 billion fund to support community projects near its…
