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SpaceX is reportedly in discussions with Public Investment Fund (PIF) over a potential $5 billion anchor investment ahead of its anticipated initial public offering. The investment would help secure a cornerstone position for PIF in the IPO while limiting dilution of its existing stake, which is currently just under 1%. The talks are part of […]
NeurIPS, one of the world’s leading artificial intelligence conferences, has reversed a controversial policy that would have banned research papers from entities under U.S. sanctions, following strong backlash from China. The policy, initially introduced earlier in the week, aimed to expand restrictions beyond the U.S. Treasury’s sanctions list. It triggered immediate criticism, particularly from China […]
Entergy announced that a revised agreement with Meta will deliver significantly higher savings for customers tied to a major data-center project in Louisiana. Under the updated deal, Meta will cover the full cost of service for its planned hyperscale data center in northeast Louisiana. The agreement is expected to generate nearly $2 billion in customer […]