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Hugging Face has been fielding M&A interest for a deal worth at least $13 billion
2+ week, 6+ day ago (250+ words) The AI industry’s next blockbuster acquisition may not be another model maker. Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more. The startup…...
Nvidia customers warned about AI-related price hikes above 15% on chips: report
2+ week, 6+ day ago (198+ words) Some of Nvidia’s largest customers have been told prices of servers containing its AI chips will rise by more than 15% in many cases with memory chip costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect…...
Data Centers Are Sucking Up So Many Construction Workers That There Isn’t Anybody Left to Build Houses, Expert Says
2+ week, 6+ day ago (327+ words) Earlier this week, Bloomberg reported that pending home sales in the US had dropped to their lowest level in three years. That coincided with a sharp drop in construction of new homes, which plummeted to the lowest level in over…...
Despite his $2.6 billion net worth, MrBeast said he’s had to borrow cash and didn’t even have enough money in his bank accou
2+ week, 6+ day ago (465+ words) “I’m borrowing money. That’s how little money I have,” Donaldson told the Wall Street Journal earlier this year. “Technically, everyone watching this video has more money than me in their bank account if you subtract the equity value of my…...
Kyrsten Sinema: Communities deserve the facts on data centers
2+ week, 6+ day ago (559+ words) Regarding the Aug. 12 news article “The data center backlash is building, just in time for the midterm elections”: The communities opposing the construction of new data centers are not wrong to ask hard questions. However, it’s unfortunate that many of…...
The internet always routes around the censors
2+ week, 6+ day ago (396+ words) The first time I was the internet’s “main character” was way back in 2003. I deserved it, as much as anyone can. Still seething from 9/11, I’d blogged something very stupid and wrong about violent anti-war protests. The internet was a much…...
Meet the 18-year-old junk remover who vibe-coded his own pricing calculator and makes up to $15,000 a month
2+ week, 6+ day ago (390+ words) Carter’s Junk Away bills as much as $15,000 a month in peak season, Grandbois said. His W-2 employees are his high school friends, but he admits that he wasn’t able to scale up and reach profitability until he created a pricing…...
The Data Center Backlash Bursts Into the Midterms
2+ week, 6+ day ago (1408+ words) The fight over data centers is suddenly at the epicenter of the midterm elections. “It’s very much a bottom up, organic movement,” said Anna Greenberg, a veteran Democratic pollster, who said that while people’s views on data centers were largely…...
Expert on Financial Crises Says the Signs Are Impossible to Miss
2+ week, 6+ day ago (395+ words) Earlier this week, the European Central Bank issued a dire warning, warning that a “market correction” following years of AI hype and massive spending could be nigh — a crash that could have enormous international consequences. It joined a growing chorus…...
Nvidia customers notified about AI-related price hikes above 15%
3+ week, 5+ hour ago (191+ words) Some of Nvidia Corp.’s biggest customers have been told that the prices of servers containing its artificial intelligence chips are going up more than 15% in many cases with memory chip costs soaring. Companies who build the servers under contract…...