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Cloud GPU provider CoreWeave raised $7.5B in debt financing from investors including Blackstone, Carlyle Group, and BlackRock, two weeks after raising $1.1B (Wall Street Journal)

Wall Street Journal: Cloud GPU provider CoreWeave raised $7.5B in debt financing from investors including Blackstone, Carlyle Group, and BlackRock, two weeks after raising $1.1B  —  Deal is one of the largest-ever private debt financings  —  CoreWeave, an artificial-intelligence cloud-computing startup backed by Nvidia …

Fri May 17, 2024 14:12
Kuo: Apple to use higher energy density battery cells for iPhone 16 Pro Max and stainless steel battery cases for better replaceability, an EU requirement (William Gallagher/AppleInsider)

William Gallagher / AppleInsider: Kuo: Apple to use higher energy density battery cells for iPhone 16 Pro Max and stainless steel battery cases for better replaceability, an EU requirement  —  Analyst Ming-Chi Kuo reports that the iPhone 16 Pro Max will get a new battery that has a greater energy density than before …

Fri May 17, 2024 13:42
Sources: Tesla plans to keep its Chinese FSD training data in the country, a shift from a previous strategy of seeking approval to move data out of China (Fanny Potkin/Reuters)

Fanny Potkin / Reuters: Sources: Tesla plans to keep its Chinese FSD training data in the country, a shift from a previous strategy of seeking approval to move data out of China  —  Tesla (TSLA.O) is pushing ahead with plans to power the global development of its self-driving system with data from China …

Fri May 17, 2024 12:10
X has officially adopted x.com for all its core systems; testing shows some twitter.com URLs still do not redirect depending on the browser and login status (Jay Peters/The Verge)

Jay Peters / The Verge: X has officially adopted x.com for all its core systems; testing shows some twitter.com URLs still do not redirect depending on the browser and login status  —  The social network formerly known as Twitter has switched over to X.com. … The social network formerly known as Twitter …

Fri May 17, 2024 12:00
Prosus and parent group Naspers appoint Fabricio Bloisi as new CEO, replacing interim CEO Ervin Tu; Bloisi, who was the CEO of iFood, will start on July 1 (Loni Prinsloo/Bloomberg)

Loni Prinsloo / Bloomberg: Prosus and parent group Naspers appoint Fabricio Bloisi as new CEO, replacing interim CEO Ervin Tu; Bloisi, who was the CEO of iFood, will start on July 1  —  - Ervin Tu will become president and chief investment officer  — Bloisi joins the technology-investment firm from iFood

Fri May 17, 2024 09:07
A look at Maven, a new social network backed by Ev Williams, Sam Altman, and others, where users follow interests and topics instead of accounts (Matthew Hutson/Wired)

Matthew Hutson / Wired: A look at Maven, a new social network backed by Ev Williams, Sam Altman, and others, where users follow interests and topics instead of accounts  —  Twitter cofounder Ev Williams is backing a new social network called Maven, which trades likes and follows for algorithms designed to foster serendipity and deep discussion.

Fri May 17, 2024 08:45

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