Nordic data center firm atNorth is expanding its Stockholm footprint with a new 30MW facility set to launch in late 2027. The project, called SWE02, will feature heat reuse with local utility Stockholm Exergi and is part of a broader Nordic expansion push.
The UK’s Department for Science, Innovation and Technology is working with Anthropic to build an AI assistant to provide custom career advice. This comes just after Anthropic’s CEO published a lengthy essay detailing his expectation for a painful AI-driven disruption of the labor market. The pilot i
According to Techmeme, Meta’s revenue grew 22% YoY to $201B, with 98% from ads. A key driver is Reels, which hit a $50B annual run rate in October, powered by over 2B advertisers using Meta’s AI tools. Analyst estimates show Meta now enjoys higher Revenue Per Thousand Hours than Netflix in the US.
Nvidia is pouring another $2 billion into CoreWeave, deepening a partnership that includes buying unsold compute capacity and now gaining early access to Nvidia’s new Vera CPU. The move comes as CoreWeave plans a staggering $200 billion infrastructure spend, even as it faces project delays and a cla
A UK Court of Appeal has overturned a previous ruling, deciding that virtual currency in games like RuneScape can be legally defined as “intangible property” and stolen. The case centered on a former Jagex developer accused of taking £543,123 worth of gold. This sets a major precedent for the legal
Data center operator DayOne is eyeing a massive $20 billion valuation for its upcoming US IPO, according to a new report. This would mark a huge jump from its $10 billion valuation earlier this year. The company, spun out from China’s GDS, is also considering a dual listing in Singapore.
UBS has upgraded Waste Management from Neutral to Buy, setting a new 12-month price target of $260. The bank believes the stock could rise about 19% as the company resumes share repurchases and benefits from its investment cycle.
Microsoft Edge is doubling down on its efforts to pull users away from Google Chrome. The browser now surfaces its import tool in several key settings areas, not just during initial setup.
Nike has sold its digital collectibles subsidiary RTFKT, marking a full retreat from its blockchain ambitions. Separately, President Trump directed Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds to lower housing costs ahead of the midterms.
The National Advertising Division sided with AT&T in a false advertising dispute, finding T-Mobile’s claims about competitor price hikes and its own T-Sat coverage were misleading. T-Mobile says it will appeal the decisions, but the self-regulatory body has no direct enforcement power. The ruling is
