Big Tech's hidden AI debt has hit $1.65tn — more than its entire reported debt
Mostly signed-but-not-yet-active data-center and chip contracts, the commitments are legal under US accounting rules — but they leave the debt investors actually see understating the real scale of AI spending. An investigation by Nikkei Asia found that Alphabet,...
BitMEX, the exchange that invented the perpetual swap, will shut down
Once the dominant force in crypto derivatives, BitMEX now handles about 0.08% of Bitcoin futures trading. BitMEX, the exchange that created...
Trump administration commits more than $5 billion to expand its AI-for-science effort across federal agencies
The Genesis Mission opens Energy Department supercomputers and government datasets to more than 15 agencies, even as a new administration report moves...
Japan's bid for sovereign 'physical AI' is built on Nvidia — a strategic rival
A consortium of NEC, Sony, Honda and SoftBank won the tender to run Japan's national FRONTia physical-AI program through...
Uber backs Kalanick's $1.7 billion Atoms round, after forcing him out as CEO
Andreessen Horowitz led the $1.7 billion round for Atoms — Kalanick's CloudKitchens rebrand, now aimed at robotics — with Uber, the...