Private security spending rises as violent crime falls

The trendy Hillcrest neighborhood of San Diego, California, was the backdrop for violent acts and hate crimes. Business owners had enough. The Hillcrest Business Association‘s members in 2024 began paying a third-party service around $400,000 annually for eight hours of unarmed security guard patrol each day. The association plans to add about $150,000 to the…

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AI data center play backed by Softbank, Nvidia, OpenAI

Tomohiro Ohsumi | Bloomberg | Getty Images SB Energy, the artificial intelligence power infrastructure company backed by Softbank, OpenAI and Nvidia, has filed for an initial public offering with the Securities and Exchange Commission. Among the risk factors listed in the Tuesday filing, SB Energy said it’s “substantially dependent” on the performance of OpenAI as…

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