Microsoft says it is on track to invest ~$80B in FY 2025 to build out datacenters to train AI and deploy AI and cloud apps, with 50%+ of the spending in the US
plans to spend tens of billions of dollars to build out AI data center … Rounak Jain / Benzinga : Microsoft To Invest $80 Billion In AI Data Centers For Fiscal 2025 Minh Le / Tech in Asia : Microsoft ...
Copywriters detail how AI is affecting their jobs, with some noticing a new line of work to make AI-generated text sound more human, a job that pays a lot less
If you're worried about how AI will affect your job, the world of copywriters may offer a glimpse of the future. X: @thomasgermain , @drantoniowrites , @carnage4life , @kristadiamond , @thomasgermain ...
Sources: Sequoia has picked partner Andrew Reed to replace Matthew Miller on Klarna's board; Miller had led a failed effort to remove board chair Michael Moritz
The Information : X: @heetermaria and @kateclarktweets X: Maria Heeter / @heetermaria : NEWS: Sequoia partner Andrew Reed is set to join Klarna's board, replacing partner Matthew Miller, who led an e...
How Blackstone is building a $25B US data center empire via its QTS acquisition, using an estimated 6 GW of electricity when complete, equal to ~5M homes' needs
The private equity giant says landlord QTS could be one of its best investments ever — but the resources needed for growth are vast. LinkedIn: Rich Miller LinkedIn: Rich Miller : Bloomberg does a deep...
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Richard Rubin / @richardrubindc : One could be cynical/clever and note the incentive for Congress to purport to raise revenue by enacti...
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
including DAOs and certain wallet providers—or to create them... Emily Wilkins / @emrwilkins : US Treasury and IRS out with a new proposed rule today on taxing crypto and digital assets. Would require...
Global money laundering watchdog FATF releases guidelines that could force crypto companies to check customers' identities and report suspicious transactions
at best—suppressed. https://www.fatf-gafi.org/... Patrick Hansen / @paddi_hansen : 1/ There it is: the FATF has updated its guidance for #Crypto and #DeFi. It seems the FATF wants to impose its concep...
GETTR, the new pro-Trump social platform, acknowledges it was hacked on its July 4 launch, with the usernames of prominent accounts being defaced
- GETTR, founded by former Trump aide Jason Miller, was hacked on the day of its official launch. — The accounts of Miller …
Inside Republican infighting over the proposed Big Tech antitrust bills, as some co-sponsor bills while others argue the bills don't address alleged bias
Apple, Google, FB & Amazon — see the very real possibility that their power can finally be constrained. They're waging an all-out lobbyist effort to stop it. Right now, the 2 key obstacles are McCarth...
WH officials propose ending the “dual-hat” leadership arrangement of NSA and Cyber Command, renewing debate over splitting up the agencies amid recent attacks
though “when” is a tricky question. But the idea that this is going to happen in the final 32 days of an administration, under an acting SefDef, without congressional support (and while POTUS is holdi...