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 demand, signaling investor skepticism about sector fundamentals and profitability.
Nvidia is in talks to invest hundreds of millions of dollars in Firmus
TL;DRNvidia may invest hundreds of millions in Firmus, an Australian AI cloud firm that canceled its IPO.
Judge dismisses Sam Altman’s sister’s sexual abuse lawsuit
TL;DRCourt dismissed Ann Altman's childhood abuse lawsuit against her brother Sam Altman.
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An interview with Goodfire researcher Nick Cammarata, whose viral blog
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