Nvidia-backed neocloud Lambda is in talks
Sources: Nvidia-backed neocloud Lambda is in talks to raise up to $3B at a $12B+ valuation; its revenue this year is estimated to reach $1.5B+
TL;DRAI cloud startup Lambda seeks $3B funding at $12B+ valuation with $1.5B revenue.
Why it matters: Signals massive investor appetite for AI infrastructure; validates non-hyperscaler cloud competition.
Australia's ARIA says songs created mostly or entirely by AI will be
TL;DRAustralia's official charts will ban mostly AI-generated songs starting this week.
OpenAI restores 5-hour Codex and Work limits for ChatGPT Plus users
TL;DROpenAI brings back hourly and daily limits for ChatGPT Plus after removing them weeks ago.
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Researchers detail the growing use of AI in cyberattacks across many
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AliExpress Leverages User Audio Systems For Fingerprinting
AliExpress uses inaudible audio to identify users without their knowledge.
Omega Just Released a Mini Moonwatch
Omega made smaller versions of its iconic Speedmaster watch.
Dozens of China, Hong Kong Firms Hit by Bessent’s Iran Sanctions
U.S. sanctioned Chinese and Hong Kong firms over Iran ties, but spared major Chinese banks.
SpaceX claims it will put a Vera Rubin NVL72 rack-scale system into
SpaceX plans to launch a supercomputer into orbit next year, with bigger deployments by 2028.
Bengaluru-based autonomous drone startup Airbound raised a $37M Series
Indian drone startup Airbound raised $37M to scale autonomous cargo delivery.
Unitree shares fell 45% after surging more than 5x in their August 19
Unitree robot stock crashed 45% after wild debut surge, wiping out recent gains.
Data Centers Are Driving an Alarming Gas Power Expansion in the US
Data centers are spurring new natural gas power plant construction across the US.