The US threatens penalties against European companies, like Mistral and Spotify, if the EU does not roll back regulations and lawsuits targeting US tech giants
bsky.app/profile/tech... [embedded post] Simonetta Vezzoso / @wavesblog : “With support from the U.S. tech industry, the Trump administration has taken an aggressive posture against other government'...
Source: Blue Owl's Digital Infrastructure funds invested ~$3B in a New Mexico-based Stargate data center, set to consume 4.5GW, as Blue Owl ramps up its AI bet
Miles Kruppa / The Information : Bluesky: @riotgrrlscout Bluesky: @riotgrrlscout : It will be powered by connecting to the existing fairy dust grid with supplemental unicorn dream turbines [embedded ...
Sources: OpenAI has agreed to rent additional computing power from Oracle, totaling ~4.5 gigawatts of US data center power, as part of its Stargate initiative
OpenAI is dead man walking then, Microsoft owns all the IP, and it burns $60+b in competitor venture capital. … @onefeincat : Enough power to send 3.71 Martys McFly back to 1985, and they're using it ...
The US awards Intel up to $7.865B under the CHIPS Act to help build or expand chip plants in Arizona, New Mexico, Ohio, and Oregon, including $1B+ later in 2024
Government grant is less than originally expected because the chip giant is also receiving separate funding for defense
An unredacted New Mexico lawsuit shows Snap grappled internally with how to warn Snapchat users of sextortion risks without striking fear in users and parents
New Mexico claims the social-media company's product features and enforcement gaps make its platform a haven for child predation and blackmail
The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years
Preliminary agreement under US Chips Act also includes $11bn loan as company expands capacity in Arizona and other states
New Mexico sues Meta, alleging the company let Facebook and Instagram “become a marketplace for predators in search of children”, and blames Mark Zuckerberg
State investigators' test accounts with AI-generated photos were deluged with sexual propositions and adult sex content …
Apple Pay Later launches for all eligible users in the US, following its invite-only early access prerelease version for “randomly selected users” in March 2023
here's how it works Rajesh Pandey / Cult of Mac : Apple Pay Later now available to all in the US David Becker / Appleosophy : Apple has launched Apple Pay Later to the public Alan Friedman / PhoneAren...
Intel and Tower Semiconductor say the Israeli contract chipmaker will invest $300M in Intel's New Mexico factory, after their $5.4B merger collapsed in August
Yuvraj Malik / Reuters :
Inside a GlobalFoundries chipmaking plant in upstate NY, filled with $10B worth of machinery, detailing the three-month, 700-step chip manufacturing process
and expensive — pieces of equipment in the factory are the lithography machines that print the intricate designs on the wafers. The Malta plant has 20 of those; each costs roughly $100 million.” https...