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Paris-based digital asset data provider Kaiko extends a funding round to $110M led by S&P Global to support 24/7 continuous market data and asset tokenization (Anna Irrera/Bloomberg)

industry
15 days ago▲ 24
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techmeme

Documents: the European Commission plans to propose an EU KIDS Act on Thursday to set a minimum age for accessing social media, video platforms, games, and more (Politico)

industry
15 days ago▲ 24
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techmeme

The IFPI says music companies and distributors agreed on new rules to combat the use of AI-generated music to defraud streaming services and divert royalties (Daniel Thomas/Financial Times)

industry
15 days ago▲ 24
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techmeme

China's Foreign Ministry criticizes warnings about AI risks, saying "fearmongering, confrontation, and vicious competition ... serve the interests of no one" (Bloomberg)

industry
15 days ago▲ 24
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techmeme

In its first statement on AI, China's Ministry of State Security warns AI poses risks to the nation's political and social security, including cyber defenses (Eleanor Olcott/Financial Times)

industry
16 days ago▲ 24
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TM
techmeme

Z.ai says it plans to raise $5B+ via equity and debt to fund its AI investments, including ~$2B through a share placement, after raising $4B in July (P.R. Venkat/Wall Street Journal)

industry
16 days ago▲ 24
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techmeme

Sources: Australian data center provider Firmus is seeking to raise up to $5B in an IPO at the end of October, in one of the largest-ever IPOs in Australia (Julia Fioretti/Bloomberg)

industry
16 days ago▲ 24
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techmeme

How hyperscalers like Amazon, Microsoft, and Google are siding with consumers on data center power costs and sweetening offers for communities to gain support (Ann Davis Vaughan/The Information)

industry
16 days ago▲ 24
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TM
techmeme

Filing: San Jose-based Chinese optical module maker Ligent seeks ~$727M in a Hong Kong IPO, after its rival Zhongji Innolight's $6.8B Hong Kong debut in July (Sangmi Cha/Bloomberg)

industry
16 days ago▲ 24
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techmeme

The US Senate digital assets subcommittee releases a revised "final offer" of the Clarity Act with Trump-backed ethics provisions, ahead of a September 15 vote (Felix Ng/Cointelegraph News)

industry
16 days ago▲ 24
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TM
techmeme

AI-connected Asian stocks fell sharply following US tech leaders' call for pacing AI development, with SoftBank, Kioxia, SK Hynix, Minimax, and Z.ai down 5%+ (Gregor Stuart Hunter/Reuters)

industry
16 days ago▲ 24
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techmeme

Sam Altman says "we welcome a federal framework" but "do not believe we need to wait" for an antitrust exemption or a law to pace AI development responsibly (Sam Altman/@sama)

industry
16 days ago▲ 24
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techmeme

Document: Samsung and SK Hynix rejected KEPCO's proposal to prepay ~$18.7B of chip cluster power bills, citing uncertainty over long-term chip demand (Reuters)

industry
16 days ago▲ 24
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TM
techmeme

Sources: SoftBank sealed a two-year loan facility to support its OpenAI investment, securing $11.87B in commitments from ~20 banks, above its $10B target (Janice Huang/Bloomberg)

industry
16 days ago▲ 24
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hackernews

Show HN: Is It Greg?

hackernews
16 days ago▲ 24
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techmeme

Current and former officials: the US NSA plans major restructuring to form five new units for AI, China, cybersecurity, warfighting, and global intelligence (Washington Post)

industry
16 days ago▲ 24
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techmeme

Source: Anthropic signed a $13.7B, six-year deal to lease compute from Rum Group's upcoming Georgia data center; Rum operates Rumble and hosts Truth Social (The Information)

industry
16 days ago▲ 24
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techmeme

Report: former EPA officials identify 30 federal actions since January 2025 that they say exacerbate health risks stemming from data center pollution (Justine Calma/The Verge)

industry
16 days ago▲ 24
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techmeme

Sources: Anthropic told investors it will be profitable for a second straight quarter, with 80%+ gross margins before partner revenue sharing and training costs (Financial Times)

industry
16 days ago▲ 24
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techmeme

Satya Nadella says "we welcome" the "deliberate pacing needed to get alignment right", and announces a "Code of Conduct" for Microsoft's MAI models (Satya Nadella/@satyanadella)

industry
16 days ago▲ 24
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