UK data center developer Nscale raised a $2B Series C led by Aker and 8090 Industries at a $14.6B valuation and adds Sheryl Sandberg and Nick Clegg to its board
Nscale, a UK developer for artificial intelligence data centers, has raised $2 billion in funding and added a trio …
Dell stock closes up 22%, its biggest single-day gain since March 1, 2024, after the company gave an outlook for sales of its AI servers that exceeded estimates
Dell Technologies Inc. shares jumped the most in two years after the company gave an outlook for sales of its artificial intelligence servers …
Twenty-four companies, including Microsoft, Google, Nvidia, OpenAI, and AWS, join the US Genesis Mission to boost the use of AI for scientific discovery
Courtney Subramanian / Bloomberg :
Michael and Susan Dell say they will deposit $6.25B for 25M children, or $250 per investment “Trump account”, comparing the gift to Dell's direct PC sales model
The tech billionaire and his wife hope other philanthropists follow their $6 billion lead in expanding the reach of soon-to-be-created “Trump accounts.”
Tesla shareholders approve Elon Musk's $1T pay package, divided into 12 tranches of milestones, including expanding Tesla's market cap to $8.5T over 10 years
Musk had threatened to leave Tesla if the record-setting package didn't pass — Tesla shareholders approved a record-setting pay package …
Microsoft signs a five-year, ~$9.7B deal to buy AI compute capacity from Sydney-based IREN, giving Microsoft access to Nvidia's GB300 in IREN's Texas facility
Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company's largest customer.
Sources: in recent months, Nvidia has asked its suppliers to change the design of server racks for Blackwell GPUs several times to overcome overheating problems
PowerEdge XE9712 servers are enterprise-ready Kate Irwin / PCMag : Nvidia's Delayed Blackwell AI Chips Overheating in Servers Matthew Gooding / DatacenterDynamics : Nvidia redesign...
Mark Zuckerberg, Tim Cook, Sundar Pichai, and more quietly courted Trump before the election, laying the groundwork for improved Silicon Valley and DC relations
The executives of tech's biggest companies largely ignored Donald Trump before the 2016 election. This time around, they're far more friendly.
Sam Altman, Jeff Bezos, Tim Cook, Michael Dell, Satya Nadella, Sundar Pichai, Mark Zuckerberg, and other tech leaders congratulate Trump on his election victory
RE: https://www.threads.net/... Anil Dash / @anildash : Absolutely pathetic behavior. He said he was going to throw you in prison and you still can't help sucking up to a fascist....
S&P Global announces that Dell and Palantir will join the S&P 500, effective on September 23, 2024; DELL jumps 5%+ and PLTR jumps 7%+ after hours
https://lnkd.in/... Forums: Hacker News : Dell and Palantir to join S&P 500; shares of both jump
S&P Global announces that Dell and Palantir will join the S&P 500, effective on September 23, 2024; DELL jumps 5%+ and PLTR jumps 7%+ after hours
Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index.
Q&A with Mark Zuckerberg on Llama 3, buying H100s for Reels' launch, AGI, energy constraints, dangers of open source, metaverse, Meta's custom silicon, and more
Dwarkesh Patel / Dwarkesh Podcast :
AMD launches Instinct MI300X and MI300A AI accelerators and claims the MI300X delivers up to 1.6x more performance than Nvidia's H100 HGX in inference workloads
Paul Alcorn / Tom's Hardware :
Sources: during Twitter deal negotiations, Elon Musk said he would be focused on the company's bottom line and floated the idea of cutting both costs and jobs
As he negotiated a $44 billion deal to acquire Twitter Inc., Elon Musk told bankers that he would be focused …
How Michael Dell oversaw Dell's expansion after taking it private, growing the company to $75B, by focusing on providing infrastructure to businesses and others
Dell to spin off its stake in VMware and use the proceeds of $9.3B-$9.7B to pay down Dell's debt, expecting to close the deal in Q4; Dell stock up 8%+
Dell sees the spin-off as a way to give each company more strategic flexibility and improve capital structure efficiencies …
A look at recent statements by tech companies, including Amazon, Microsoft, and Salesforce, regarding racism in America after George Floyd's death
Evan Spiegel's letter to Snap staff: https://www.theinformation.com/ ... Meg Graham / @megancgraham : Talkspace says it's ending its partnership agreement with Facebook following t...
Cisco says it is postponing the online version of Cisco Live, its major customer event that was scheduled to start Tuesday, amid ongoing protests across the US
Cisco said Monday night that it is postponing the online version of Cisco Live, its major customer event, amid the ongoing protests …