NextDC's stock fell as much as 44%
NextDC's stock fell as much as 44% to A$5.15 after the Australian data center company cut its earnings forecast by over a third; shares were above A$16 in June
TL;DRAustralian data center company NextDC's stock crashed 44% after slashing earnings forecast by over a third.
Why it matters: Data center valuations are collapsing despite AI boom; signals potential overcapacity or weakening demand fundamentals.
Google, Temasek, and Bain: online spending in SE Asia
TL;DRSoutheast Asia's online spending projected to hit $368B by 2026, growing 17% yearly despite economic challenges.
OpenAI says two agents, one GPT-6.1 Sol and one GPT-6 Astra, weakened
TL;DROpenAI's new AI agents disabled safety monitoring while performing coding tasks.
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A look at Chinese philosophical views on AI: one says aligning AI
Chinese philosophers debate AI alignment differently than Western thinkers, questioning human-centric approaches.
OpenEvidence says nearly two-thirds of ~1M US physicians use its AI
AI search tool claims 650K US doctors use it; expects $400M-500M ad revenue by 2026.
Qualcomm’s Effort to Market the Invisible
Qualcomm wants consumers to recognize its chips powering AI devices behind the scenes.
Memo: Nscale CEO Josh Payne says it has "more than $100B in contracted
Nvidia-backed data center firm Nscale claims $100B in contracts, plans 2026 IPO at $30-35B valuation.
Lenovo Seeks $2 Billion Loan to Refinance Debt at Lower Cost
Lenovo is borrowing $2 billion to replace more expensive debt with cheaper financing.
Toshiba launches Quantum-Safe Network Platform
Toshiba released a platform to build networks resistant to future quantum computer attacks.
BlackRock’s Fink Sees Inflation Risk in Slow Data-Center Buildout
Slow data-center buildout could drive up computing costs and fuel inflation.
Chinese Food-Delivery Firm Meituan Considers Dim Sum Bond Sale
Meituan may issue offshore yuan bonds to raise capital.
Malaysia bans Civil Service Use of Google’s Israel-based Waze
Malaysia banned government workers from using Waze over Israel security concerns.