Financial Times : Banks start offloading $18B debt tied to the $55B buyout of EA; sources say EA told potential investors AI could let gam...
Banks start offloading $18B debt tied to the $55B buyout of EA; sources say EA told potential investors AI could let gaming companies cut engineering workforces — Wall Street banks have started offloading $18bn of debt tied to the $55bn leveraged buyout of video game maker Electronic Arts …
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The UK's FCA says Meta has repeatedly failed to stop illegal ads for high-risk financial products running on its platforms, despite committing to block them — U.S. tech giant Meta (META.O) has repeatedly failed to stop illegal ads for high-risk financial products running on its platforms in Britain …
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Founders are increasingly leasing multimillion-dollar mansions in San Francisco's wealthy neighborhoods as corporate HQs and hacker houses, amid the AI boom — When Zach Dive completed his stint at the startup accelerator Y Combinator last summer, he began thinking about where to put his company's first office.
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Sources: Microsoft weighs legal action against Amazon and OpenAI over whether AWS can offer OpenAI Frontier without breaching Microsoft-OpenAI agreement — Rift deepens as start-up tests limits of Microsoft's exclusive rights to host its models — Microsoft is weighing legal action …
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The Linux Foundation announces $12.5M in total grants from Google and others to help FOSS maintainers cope with the influx of AI-generated security findings — Half a dozen Big Tech players have together delivered $12.5 million in grants towards a project that aims to help maintainers …
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Sources: Amazon, long the USPS' biggest customer, plans to cut packages it ships via the service by at least two-thirds this fall, when its contract expires — The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall — Amazon.com is planning to sharply cut …
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Samsung says it is considering a shift toward multi-year contracts for memory chips that may help stabilize supply and ease concerns about a shortage — Samsung Electronics Co. is considering a shift toward multi-year contracts for memory chips, a much longer timeframe than is typical …
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A US judge rules Apple can remove apps “with or without cause”, a loss for Musi, a streaming app removed from the App Store that used YouTube to source music — Musi, a free music streaming app that had tens of millions of iPhone downloads and garnered plenty of controversy …
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Companies are starting to track employees' AI token use and tallying the costs to measure their return on AI investments, and to prevent potential token abuse — Companies that now regularly use artificial intelligence are starting to track their workers' use of tokens, AI's unit of measurement
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AI drone software company Swarmer closed up 520% in its Nasdaq debut, valuing it at $380M+; its tech has been deployed in 100K+ combat missions in Ukraine — Swarmer Inc. shares skyrocketed as much as 700% on Tuesday, making the artificial intelligence drone software company's debut …
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