Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year e…
Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money va…
Ultrahuman has raised $70m, and the pitch it made to get the money is not a better sleep score. The Indian company wants its smart ring to stop being a tracker and start running software. TechCrunch’s Jagmeet Singh reported the round first, with an int…
Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a los…
Thailand has stopped construction on 49 data centres, which is more than it currently has running. Anuchit Nguyen reported the suspension for Bloomberg on Friday, after the first meeting of a new supervision commission chaired by finance minister Eknit…
Nigeria’s Federal Competition and Consumer Protection Commission is investigating Uber’s abrupt exit, particularly unfulfilled services to customers, after the company shut down without warning as part of a global review that cut 3,300 jobs. The main b…
In 2022 Kenya adopted a ten-year national plan to move its graduates into online outsourcing work. OpenAI released ChatGPT the same year. Adam Satariano and Paul Mozur set out what happened next, reporting from Nairobi for the New York Times with Edwin…
Rep. Rosa DeLauro (D-Connecticut) is now calling out an interagency agreement that could allow potentially billions of NIH funds to be moved to the Department of Defense.
Robert Pattinson’s Chris Hansen movie Primetime is out soon, but an earily Rotten Tomatoes critic review score is already in.
Nepal’s deadly flood exposes a deeper failure: climate finance pledged to vulnerable nations for years still isn’t arriving fast enough — or at all.