AI cloud computing provider Lambda raised ~$1B of private short-dated
Sources: AI cloud computing provider Lambda raised ~$1B of private short-dated debt to finance the purchase of Nvidia GPUs, which will be leased by Microsoft
TL;DRLambda borrowed $1B to buy Nvidia GPUs for Microsoft leasing deals.
Why it matters: Shows AI infrastructure financing is shifting toward private debt as GPU demand outpaces traditional funding.
Apple TV and Apple One Subscription Prices Increase By Up
TL;DRApple TV+ raising prices to $14.99/month; fourth hike in four years.
Unlike internet's one-dimensional, flat-fee growth, AI grows across two
TL;DRAI revenue grows faster than internet did via dual exponentials: more users plus more usage per user.
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Owner, which makes AI agents
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Brave’s browser one-ups Chrome with its new support for email aliases
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Google DeepMind's "Co-Scientist" Evolves from a Hypothesis Generator
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California sues Over Trump Deal to Cancel Wind Project Lease
California is suing Trump's administration for canceling an offshore wind lease deal.