The New York Times is reportedly engaged in discussions to acquire Letterboxd, the popular digital network for film enthusiasts, according to industry reports. The potential transaction is valued at approximately $330 million.
Over the past several years, the cinema-focused social platform has experienced significant expansion and user adoption. Further details regarding the prospective buyout are anticipated to emerge as the situation progresses.
The deal highlights the challenges of developing massive AI data centers.
OpenAI is now valued at $1.25 trillion in a new round of funding that has raised another $11 billion, according to Bloomberg. That would make it one of the world's most valuable companies, not long after raising $122 billion from investors in March at a valuation of $852 billion. Echoing FT and Wall Street Journal […]
It's the exact path, not the apparent severity that matters most, doctors say.
China's intelligence agency recruited Megaspeed executive Alice Huang to spy on Nvidia CEO Jensen Huang, according to The New York Times. The Ministry of State Security (MSS) enlisted her to glean information about American AI chips and "potentially influence the company to push for its most advanced chips to be made available to China." Megaspeed […]
OpenAI has reportedly raised an additional $11 billion as part of a funding round that hasn't closed yet but is expected to in the coming weeks.
SpaceX has declared that it’s going to make Starlink Mobile a major mobile carrier. The Elon Musk-owned company has already deployed thousands of direct-to-cell satellites, but its next big challenge is building out its 5G network here on Earth. As part of its plans to rival AT T, Verizon, and T-Mobile, SpaceX has inked a deal […]