Jay Goldberg

IDC Frontier, a SoftBank subsidiary, disclosed a ransomware attack on its IDCF Cloud service that disrupted 495 companies and government clients in eastern Japan, with the threat actor claiming to have encrypted 3.6 petabytes of data.

27 DAYS AGO

Research firm New Constructs has valued Anthropic at $150 billion and labeled its planned Nasdaq listing the "most ridiculous IPO of 2026," citing a $42 billion net loss in 2025 and growing competition from open-source AI models.

28 DAYS AGO

SpaceX is seeking $40 billion in financing to buy additional Nvidia GPUs, as the FCC simultaneously announced plans to auction 25 megahertz of prime satellite spectrum that could benefit both SpaceX and Amazon's growing direct-to-device businesses.

28 DAYS AGO

Finnish regulators have ordered Google to suspend construction on two data centers in Muhos and Kajaani pending environmental impact assessments, complicating the company's $15 billion AI infrastructure plan for the country.

28 DAYS AGO

Fairshake and its affiliated super PACs, holding $120.4 million in cash, are backing 19 Republicans and 13 Democrats in 32 House races ahead of November's midterm elections, with at least $1 million committed to six incumbents tied to the stalled CLARITY Act.

30 DAYS AGO

Senior leaders from Anthropic, OpenAI, Google, and Meta testified under oath before the New York City Council on Monday at a rare full-body hearing on the risks of advanced AI models and potential legislative responses.

30 DAYS AGO

Cerebras Systems shares climbed 6.3% in premarket trading Monday after OpenAI CEO Sam Altman called the AI chipmaker a "close partner," partially reversing a 20% plunge triggered by OpenAI's decision to use Nvidia GPUs for its latest AI model.

30 DAYS AGO

Public opposition to data centers is spreading from the U.S. to Europe and Asia, putting roughly $42 billion in European investments at risk through delays, cancellations, and tightening regulation, even as AI-driven demand continues to grow.

32 DAYS AGO

Lyft has agreed to pay $272.5 million to settle a California Labor Commissioner lawsuit alleging the company misclassified drivers as independent contractors, denying them minimum wage, overtime, and other employee protections.

34 DAYS AGO

New York City became the first U.S. municipality to enforce a "click to cancel" rule for automatic subscription renewals on Thursday, requiring businesses to make cancellations as easy as sign-ups — even as a federal standard remains tied up in legal and legislative limbo.

34 DAYS AGO

Alphabet launched Gemini 4 Argon, its most advanced AI model yet, while Micron reported fiscal Q4 revenue of $54.23 billion — well above expectations — sending semiconductor stocks broadly higher to open October.

34 DAYS AGO

Sen. Rand Paul blocked a unanimous consent push for the Kids Online Safety Act on Wednesday, the same day bipartisan senators unveiled a permitting reform deal and Senate Democrats voted down the House-passed Ratepayer Protection Act targeting data center electricity costs.

35 DAYS AGO

OpenAI CEO Sam Altman declined a Senate subcommittee invitation to testify on rogue AI risks, drawing sharp criticism from Sen. Josh Hawley amid an ongoing investigation into a cyberattack involving hundreds of OpenAI agents.

35 DAYS AGO

Top AI and tech executives including Dario Amodei, Mark Zuckerberg, and Sundar Pichai are set to meet President Trump and House Speaker Mike Johnson Tuesday, as a public fight over AI safety standards splits the industry and draws in the White House.

36 DAYS AGO

The 10-year Treasury yield reached 5.23% on Friday, its highest since 2007, driven by a surge in AI-related corporate bond issuance alongside persistent inflation and growing expectations of a Federal Reserve rate hike in October.

38 DAYS AGO

China and the U.S. announced a $30 billion reciprocal tariff-reduction arrangement and a new bilateral AI dialogue framework following President Xi Jinping's three-day summit with President Donald Trump in Washington.

38 DAYS AGO

Meta and YouTube have reversed earlier decisions to block ads for director Alex Gibney's documentary "Musk," after the Hollywood Reporter revealed that multiple platforms had rejected the trailer as political content.

38 DAYS AGO

Tesla opened its first high-volume Semi truck factory in Sparks, Nevada on Thursday, targeting commercial freight expansion as the company races to ramp production and develop autonomous driving capability for its electric heavy-duty trucks.

41 DAYS AGO