What came first—the chicken or the egg? Or in AI’s case, the investment or the revenue? Nvidia is guaranteeing up to $105 billion for OpenAI’s planned data center campus in Pike County, Ohio, coming in lower than the roughly $250 billion guarantee it was considering, according to reporting by the Wall Street Journal and CNBC.
Defense technology company Anduril is said to be raising a new round of capital that may increase its valuation to between $40 billion and about $100 billion, Reuters reported, citing unnamed sources. The company, which raised $5 billion in May at a valuation of $61 billion (roughly double the $30.5 billion valuation it garnered in
According to UN experts and other analysts, more than half (and by some estimates up to 70%) of Sudan’s gold is smuggled out of the country each year. The RSF controls most of the gold deposits in Darfur and Kordofan, in the western and central parts of the country, while the Sudanese army oversees production
Meta and Snap launched new smart glasses last month, the latest sign that the industry is racing to put a camera and AI assistant on users’ faces. As the fast-growing market heats up, startups like Even Realities are closing in on the giants. Even Realities, a three-year-old Shenzhen-based startup, has raised $150 million in a