Friday, September 20, 2024

Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers (Bloomberg)

Bloomberg:
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft data centers  —  Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.



Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating (George Hammond/Financial Times)

George Hammond / Financial Times:
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating  —  Venture groups believe ChatGPT-maker will eventually be the world's dominant AI company and worth trillions of dollars



Indian edtech startup Physics Wallah raises a $210M Series B led by hedge fund Hornbill Capital at a $2.8B valuation, up from $1.1B valuation in June 2022 (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian edtech startup Physics Wallah raises a $210M Series B led by hedge fund Hornbill Capital at a $2.8B valuation, up from $1.1B valuation in June 2022  —  An Indian edtech startup has secured $210 million in fresh financing amid a tough funding environment for edtech companies …



Tuesday, September 17, 2024

How Netflix staged a remarkable recovery since its 2022 stock crash, adding 45M+ subscribers via a password crackdown and gaining an edge over Hollywood rivals (Christopher Grimes/Financial Times)

Christopher Grimes / Financial Times:
How Netflix staged a remarkable recovery since its 2022 stock crash, adding 45M+ subscribers via a password crackdown and gaining an edge over Hollywood rivals  —  The company has staged a remarkable recovery since the ‘great correction’ of 2022 and now has the edge over Hollywood rivals



OpenAI confirms fixing an issue "where it appeared as though ChatGPT was starting new conversations", after users reported ChatGPT reaching out proactively (Victor Tangermann/Futurism)

Victor Tangermann / Futurism:
OpenAI confirms fixing an issue “where it appeared as though ChatGPT was starting new conversations”, after users reported ChatGPT reaching out proactively  —  “Did you just message me first?”  —  Over the weekend, a redditor going by the name of SentuBill posted a peculiar screenshot …



A look at France's LOPMI law, enacted in January 2023 to criminalize tech executives whose platforms allow illegal activities, as Pavel Durov remains on bail (Gabriel Stargardter/Reuters)

Gabriel Stargardter / Reuters:
A look at France's LOPMI law, enacted in January 2023 to criminalize tech executives whose platforms allow illegal activities, as Pavel Durov remains on bail  —  When French prosecutors took aim at Telegram boss Pavel Durov, they had a trump card to wield - a tough new law with no international equivalent …



Monday, September 16, 2024

Elon Musk deleted an X post that said "no one is even trying to assassinate Biden/Kamala" after an apparent Trump assassination attempt, calling the post a joke (Business Insider)

Business Insider:
Elon Musk deleted an X post that said “no one is even trying to assassinate Biden/Kamala” after an apparent Trump assassination attempt, calling the post a joke  —  - The FBI is probing what it says appears to be a second assassination attempt on former President Donald Trump.



Sources: in 2022, Intel lost out to AMD and TSMC on a contract to design and fabricate Sony's PS6 chip, a significant blow to its contract manufacturing unit (Max A. Cherney/Reuters)

Max A. Cherney / Reuters:
Sources: in 2022, Intel lost out to AMD and TSMC on a contract to design and fabricate Sony's PS6 chip, a significant blow to its contract manufacturing unit  —  Intel (INTC.O) lost out on a contract to design and fabricate Sony's PlayStation 6 chip in 2022, which dealt a significant blow …



Apple increases the cost of out-of-warranty battery replacement for iPhone 16 Pro models by 20% to $119; the fee remains $99 for the iPhone 16 and 16 Plus (Joe Rossignol/MacRumors)

Joe Rossignol / MacRumors:
Apple increases the cost of out-of-warranty battery replacement for iPhone 16 Pro models by 20% to $119; the fee remains $99 for the iPhone 16 and 16 Plus  —  Apple has increased its out-of-warranty battery replacement fee for iPhone 16 Pro models, according to its iPhone repair and service page.



Analysis: new iPhone first weekend pre-orders were down 12.7% to ~37M units; the iPhone 16 Pro declined 27% and iPhone 16 Pro Max 16% compared to the iPhone 15 (Ming-Chi Kuo)

Ming-Chi Kuo:
Analysis: new iPhone first weekend pre-orders were down 12.7% to ~37M units; the iPhone 16 Pro declined 27% and iPhone 16 Pro Max 16% compared to the iPhone 15  —  Based on my latest supply chain survey and pre-order results from Apple's official websites, I've compiled key data on iPhone 16's …



Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production (Pranshu Verma/Washington Post)

Pranshu Verma / Washington Post : Arizona's Maricopa County is set to have the second largest concentration of US data centers by 202...