Amazon has signed a $17.5 billion delayed draw term loan with a syndicate of lenders including Citigroup, JPMorgan Chase, Wells Fargo, HSBC, and BofA Securities, giving the company flexibility to draw down funds on its own timeline for what it described as general corporate purposes. The deal follows a reported $14 billion Canadian bond sale […]
A Wells Fargo employee abused his inside position to steal hundreds of thousands of dollars from the bank, according to the U.S. Department of Justice. The United States Attorney’s Office for the Northern District of California says Tamim Haidar drained more than $800,000 from the bank while working as an assistant branch manager at the […]
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In her work as an online safety campaigner, the baroness and Bridget Jones director has seen things she can never unsee – and she’s furious at the tech overlords doing nothing to stop the abuse
Through the open windows behind Beeban Kidron drifts the unmistakable sound of children playing. Her north London office is sandwiched between a school and a nursery, and the occasional playground shriek functions as an aural reminder of what we’re here to discuss: the safety and happiness of young people, growing up in an age of screens.
Though our conversation takes some dark turns, only once does the film director turned crossbench peer and online safety campaigner for children lose her composure. “I have seen a lot of things I’d rather not see,” she says, slowly. “But the worst thing was not the most extreme. It was watching a child’s face as she realised that the person who she thought was her friend wasn’t her friend; that the sex acts she’d been doing weren’t for her friend; and that the
Nvidia's GB300 NVL72 revolutionizes AI infrastructure efficiency, potentially reshaping data center economics and attracting ESG-focused investments.
The post Nvidia’s GB300 NVL72 achieves 61.4K concurrent agents per megawatt, a 20x leap over H200 appeared first on Crypto Briefing.
Citigroup is creating a blockchain-based service that lets wealthy and institutional clients trade exposure to private companies through tokenized depositary receipts. The bank is starting with foreign investors and plans to expand access to U.S. clients later. Citigroup Courts Top Private Firms With New Blockchain Marketplace for Investors Citigroup is moving further into tokenized finance […]
Prometheus, the physical AI startup co-founded by Jeff Bezos and former Verily co-founder Vik Bajaj, has raised $12 billion at a $41 billion valuation from investors including JPMorgan Chase, Goldman Sachs, and BlackRock, bringing total funding to more than $18 billion since the company launched late last year. The company is building what it describes […]
The shift from crypto mining to AI infrastructure signals a transformative era in tech, with significant investment risks and opportunities.
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Amazon founder Jeff Bezos says his new AI startup will work toward developing an "artificial general engineer," according to reports from The New York Times and CNBC. The startup, called Prometheus, aims to develop AI-powered engineering tools to aid in the design of physical products.
The NYT first reported on Prometheus last November, but now Bezos is sharing more information about the startup after a $12 billion funding round, putting the company at a $41 billion valuation. Bezos serves as co-CEO of Prometheus alongside Vik Bajaj, who co-founded Alphabet's health-focused research group, Verily. The startup currently has around 150 employ …
Read the full story at The Verge.
Altman's canceled trip may hinder OpenAI's Middle East expansion, affecting global AI infrastructure and investment dynamics significantly.
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