Firmus, a data center company backed by Nvidia, has called off its planned initial public offering, pointing to ongoing market instability and unfavorable economic factors.
The cancellation highlights growing concerns regarding valuations within the artificial intelligence sector. Additional information is expected to emerge as the situation unfolds.
The exchange froze transactions in the wake of the incident, which impacted $6.3bn worth of digital assets.
Data centers are deeply unpopular. But what if we called them something else?
Gravity is a cruel mistress, slowly dragging the famed telescope ever closer to its ultimate demise with every day. Hubble is in no immediate danger of burning up in the Earth's atmosphere, but its time will run out in the early to mid 2030s unless its orbit is boosted. So NASA is taking proposals from […]
On Equity, we discuss why tech CEO statements can seem so tone deaf.
While more cities are canceling their contracts with Flock Safety, just as many are discovering how difficult that can be in some instances. Plymouth, Minnesota's city council voted to terminate its contract with Flock in September, but failed to respond to the city's request. For over a month, the cameras remained up, and the city […]
Reddit user pdfu found hints hidden in the HomeView 27.2 code that Apple could be adding security camera features to its smart home hub. The strings describe a security camera mode with motion detection, live streaming, and recording options, as well as privacy functions. According to pdfu, there is a setup page that even explicitly […]