Anthropic has expanded its computational infrastructure by securing a massive six-year, $10 billion cloud partnership with the newly established AI cloud startup Volta. The agreement aims to supply the necessary processing power to support the ongoing development of the company’s Claude AI models. To fulfill the infrastructure requirements, Volta is teaming up with crypto-mining firm […]
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Open-weight artificial intelligence models are rapidly catching up to industry leaders in capability, yet a significant safety gap continues to widen. A recent evaluation by the nonprofit SaferAI reveals that China’s Z.ai model, GLM-5.2, closely trails the top systems from OpenAI and Anthropic in advanced cyber and biological tasks. Unlike closed-weight counterparts that rely on […]
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A new investigation by the Electronic Frontier Foundation (EFF) highlights that numerous Android applications are inadvertently exposing users’ precise location data to advertisers and data brokers. The issue stems from third-party software development kits (SDKs) that inherit app permissions and collect location details by default without the developers fully realizing it. Security experts emphasize that […]
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SpaceX has reported its first quarterly earnings as a public company, revealing a revenue surge that doubled compared to the previous year. This substantial growth was largely fueled by the expansion of the Starlink satellite internet network and lucrative cloud computing agreements signed with major AI players Anthropic and Google. Despite reporting ongoing net losses […]
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SpaceX has significantly ramped up its acquisition of Tesla Megapack energy storage units, investing a total of $329 million since the beginning of the year. Financial reports reveal that the vast majority of these purchases occurred during the second quarter, highlighting the ongoing financial synergy among Elon Musk’s corporate ecosystem. These industrial-scale batteries are primarily […]
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Ahead of TechCrunch Disrupt 2026, scheduled for October 13 to 15 in San Francisco, organizers have partnered with various hotels near the Moscone West venue to secure exclusive accommodation rates for attendees. Visitors can choose from partnered properties such as the Hyatt Regency, Hotel Zelos, InterContinental, and Grand Hyatt, enjoying flexible cancellation terms, zero upfront […]
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Lucid Motors has announced a major operational reset led by new CEO Silvio Napoli, targeting $1.4 billion in cash reductions to stabilize its financial standing. The EV maker reported a net loss of $1.26 billion in the second quarter, highlighting the urgent need to curb unchecked spending and streamline manufacturing. The turnaround strategy involves cutting […]
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During SpaceX’s first earnings call as a public company, Elon Musk made sweeping claims about the business’s future that stood in sharp contrast to the more measured statements of his executive team. The company’s founder predicted that Starlink could supply internet access to a majority of the world within the decade, while pulling forward timelines […]
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Energy storage startup Base Power has secured $1 billion in a Series D funding round, pushing its valuation to $13 billion. Unlike traditional companies that build large storage facilities on massive tracts of land, Base Power installs high-capacity batteries directly in residential backyards. This decentralized approach aims to alleviate growing pressures on the electrical grid, […]
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Nuclear startup Valar Atomics has secured $1 billion in equity funding led by Sequoia Capital, alongside a $200 million line of credit, pushing its reported valuation to $6 billion. The company specializes in building small modular nuclear reactors (SMRs) designed for faster and more cost-effective deployment. This massive investment highlights the tech sector’s urgent demand […]
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