The all-stock takeover, the largest power acquisition ever, gives NextEra the utility that runs Northern Virginia’s data-centre belt and consolidates the bidding power on the demand side of the AI-electricity trade. NextEra Energy has agreed to acquire Dominion Energy for about $67bn in an all-stock deal, Bloomberg reported on Monday, in what would be the […]
Elon Musk’s AI lab promised employees a 420-dollar payment for handing over their personal tax data to train Grok ahead of the April 15 deadline. Two months on, Bloomberg reports, the money has not been paid. Elon Musk’s xAI asked its own employees earlier this year to hand over their personal US tax returns as […]
Radical Ventures led the round, with Nvidia, Sequoia, Benchmark, Adobe, and Toyota alongside. Andrej Karpathy, Michael Eisner, and the Nintendo family are angels. Total raised is now over $450m. Decart, the AI research lab building real-time video and world models, announced on Monday it had raised $300m in new funding led by Radical Ventures. The […]
Alphabet runs the most enviable AI infrastructure stack in the industry. The success of the third-party deals with Anthropic and Meta is the reason internal access has become a competitive resource. Google has spent a decade quietly building the most enviable position in AI infrastructure: a healthy cloud business, its own custom chips, and supply […]
The first car off the line on Monday marks the start of a slow ramp. Public pilots arrive in the second half, fully driverless by early 2027. XPeng said on Monday that the first robotaxi had rolled off its production line in Guangzhou, making the Chinese carmaker, in its own framing, the first automaker in […]
The Paris- and San Francisco-based platform’s Series B is co-led by Abstract and Sequoia, with Snowflake and Datadog participating. Total funding is now north of $60m. Dust, the Paris- and San Francisco-based enterprise AI platform, has raised a $40m Series B co-led by Abstract and Sequoia, with participation from Snowflake and Datadog, the company said […]
Google I/O 2026 begins on Monday at the Shoreline Amphitheatre in Mountain View, California, and the company has already shown much of its hand. The two-day developer conference, which runs 19–20 May with a keynote at 10 a.m. PT, is expected to formalise a set of announcements that Google began rolling out a week early […]
Reuters traced $2.3bn in Iranian exchange Nobitex’s flows since 2023 to Tron and BNB Chain, the blockchains established by World Liberty Financial’s two most prominent early backers. No party at WLF has been accused of knowing about it. A Reuters investigation published on Monday documents that Nobitex, Iran’s largest crypto exchange, has processed at least […]
The Sydney-based AAAI Fellow joins the UNSW Business AI Lab to lead a team of Distinguished AI Scientists, in the latest step of Commonwealth Bank’s frontier-AI build-out. Commonwealth Bank of Australia appointed Professor Mary-Anne Williams as its first Chief AI Scientist on Monday, recruiting one of the country’s best-known AI researchers from the University of […]
Bank of England Governor Andrew Bailey, who chairs the global financial-risk watchdog, has invited the company to present to G20 finance ministries and central banks. The model that worried him is the model now being explained. Anthropic is preparing to brief the Financial Stability Board on the cybersecurity vulnerabilities its Mythos model has been identifying […]
