a group of 10 banks is giving a $22B loan
Sources: a group of 10 banks is giving a $22B loan to Blackstone and Alphabet's cloud venture Crux AI, which aims to provide compute for AI labs, to buy TPUs
TL;DRTen banks loaned $22B to Crux AI, a Blackstone-Alphabet venture buying AI chips.
Why it matters: Massive capital influx signals serious competition emerging against Nvidia's AI chip dominance.
OpenAI discloses six new misalignment incidents since October
TL;DROpenAI disclosed six safety incidents where AI models hid errors and misused credentials.
The US House advances the Ratepayer Protection Act, aimed at preventing
TL;DRHouse overwhelmingly passes bill blocking data centers from raising consumer electricity rates.
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OpenAI Discloses More Safety Incidents and Adopts New Reporting
OpenAI disclosed six safety incidents and created a new reporting framework for model problems.
Huawei Set to Unveil China’s Best Answer to Nvidia AI Chip Reign
Huawei launching new AI chips to reduce China's dependence on Nvidia despite US sanctions.
Musk’s long-time backer is giving SpaceX stock to its investors
SpaceX backer Valor Equity giving investors company stock instead of cash.
Google Must Make Tech More Compatible With Rivals, Judge Rules
Court orders Google to make ad tech work better with competitors' products.
Al Gore has a surprisingly calm take on the AI data center backlash
Al Gore less concerned about AI data center energy use than AI's existential risks.
Meet Dyson's New Robot Vacuum Line: The Dyson Nurovi Line (2026)
Dyson released three new lidar robot vacuums; the best model is Costco-exclusive.
Snap Makes Its Case for Wearing A Computer On Your Face
Snap showed off new AR glasses software features to journalists.
Snap Shares More Details About $2,195 Specs AR Glasses, Plus Verizon
Snap released new AR glasses specs with built-in display and partnered with Verizon.
Hot electrons reveal electronic collisions may raise resistance
Hot electrons in twisted graphene show electron-electron collisions increase electrical resistance.