Maine Governor Janet Mills has vetoed a bill that would temporarily halt permits for new data centers. If this had become law, ld 307 The country’s first statewide moratorium on new data centers would be imposed — which in this case would last until November 1, 2027. The bill also calls for the creation of…
Palantir has helped the Internal Revenue Service’s Office of Criminal Investigation investigate a variety of financial crimes in the US over the past decade, The Intercept informed. The outlet cited public records detailing Palantir’s IRS contract, reporting that the IRS has paid the firm $130 million since 2018 to use its data analysis software to…
stay here, Canada-based enterprise AI unicorn, announced on Friday that it will merge with the German-based company Enterprise AI Company aleph alpha. The deal, which has not yet closed, will value the newly formed company at 20 billion dollarsFT reported. Schwarz Group, one of Aleph Alpha’s top backers, will also do so invest $600 million…
Tim Cook plans to step down from his CEO post in September, Handing over the reins to hardware chief John Ternes. Turnus may be inheriting one of the most enduring businesses in technology, but he’s also stepping into a very different ecosystem than the one Cook has spent decades shaping. The 30% cut of the…
Nuclear startup Initially the company expected growth approximately $800 million. The stock is expected to begin trading on the Nasdaq exchange on Friday under the ticker XE. x-energy is building small modular reactors capable of generating electricity or delivering heat to industrial processes. The company has struck a deal with Dow to provide heat and…
Just a month after stepping down as Disney CEO, Bob Iger is returning to Thrive Capital as an advisor, a role he held for nearly two decades. Iger had previously been given a two-month stint as a venture partner at the firm in late 2022, but following his initial departure from the company in 2020,…
Sierra, founded by customer service agent startup Brett Taylorannounced on Thursday that it has acquired YC-backed French startup FragmentWhich helps businesses integrate AI into the workflow. This is Sierra’s third public acquisition. Earlier, Japan-based enterprise AI solutions company Opera Tech (which he achieved at the end of March) and voice agent company Receptive AI (Which…
According to a report, Meta is planning to cut 10% of its workforce i.e. 8,000 employees. bloomberg. Meta also will not be hiring for the 6,000 roles that are currently open. Meta told employees the cuts would begin May 20, according to an internal memo sent to employees Thursday and seen by Bloomberg. Reuters said…
Bluesky is developing its social network into a better place to post photos. Late Wednesday night the company… announced A new version of its app (version 1.121), which increases the quality of images in posts in terms of both upload size and resolution. Previously, BlueSky only supported photo uploads of 1 MB or less. Now,…
Microsoft is offering voluntary retirement buyouts for the first time in its 51-year history, according to reports cnbc And bloomberg. With a few exceptions, employees will be eligible if they are age 70 or older, according to their years of work at Microsoft, according to an internal memo. So if a 52-year-old has served 18…
