Meta has an AI product problem

In the midst of an unprecedented AI buildout, Meta is spending more than most. The company is building two massive data centers, and reporting indicates there will be as much as six hundred billion dollars in spending on United States…

Rising energy prices put AI and data centers in the crosshairs

As tech companies announce plans for massive new data centers, consumers are increasingly worried that the AI-driven gold rush will ultimately drive up the price they pay for electricity, according to a new survey. The report, commissioned by solar installer…

Coinbase CEO Brian Armstrong trolls the prediction markets

On Thursday, during Coinbase’s third quarter earnings call, CEO Brian Armstrong admitted he was a little bit distracted. He explained he had been tracking a prediction market about what Coinbase would say on its next earnings call. He then added,…

What is Bending Spoons? Everything to know about AOL’s acquirer

This week, the four cofounders of Bending Spoons joined the billionaire ranks. According to Forbes estimates based on shareholder data from the Italian Business Register, CEO Luca Ferrari’s stake in the Milan-based tech conglomerate is now worth $1.4 billion. His…

Bluesky hits 40 million users, introduces ‘dislikes’ beta

Social network Bluesky, which recently announced a new milestone of 40 million users, will soon begin testing a “dislikes” feature. This new tool is intended to improve personalization on its main Discover feed and other areas of the platform. The…

Meta bought 1 GW of solar this week

Meta signed three deals this week to procure nearly one gigawatt of solar power as it races to power its ambitious AI goals. These new agreements bring Meta’s total solar purchases to over three gigawatts of capacity this year. Solar…