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AI startup Nscale came out of nowhere and is blowing away Nvidia CEO Jensen Huang

In this article NVDA Follow your favorite stocks CREATE FREE ACCOUNT Nscale, the UK-headquartered AI infrastructure provider. Courtesy: Nscale Two years ago, Nscale was a brand new startup in the U.K. that had yet to raise any outside funding or officially announce its existence. Last year the London-based company came out of stealth, and in December announced that it had raised its Series A fundraising, totaling $155 million. Now, Nscale finds itself at the center of the action in the hottest

Event Horizon Labs (YC W24) Is Hiring

At Event Horizon Labs, we’re building an autonomous system that turns raw compute and data directly into alpha, executing without the friction or bias of human emotion. What You’ll Build High-Concurrency Pipelines Architect infrastructure that seamlessly handles thousands of concurrent requests , ensuring consistent performance even at peak load. Architect infrastructure that seamlessly handles , ensuring consistent performance even at peak load. Robust, Fault-Tolerant Systems Build reliabl

Nvidia boss says UK will be 'AI superpower' as tech firms invest billions

Nvidia boss says UK will be 'AI superpower' as tech firms invest billions 50 minutes ago Share Save Zoe Kleinman Technology editor and Faisal Islam Economics editor Share Save Watch: UK is not giving up its digital sovereignty, Microsoft boss tells BBC Major US tech firms have pledged tens of billions of pounds worth of investment in the UK, with Nvidia Jensen Huang, predicting the country will become an "AI superpower". The biggest single investment comes from Microsoft, which has announced

US Tech Giants Race to Spend Billions in UK AI Push

Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and development into artificial intelligence. The investment comes as US President Donald Trump travels to Britain, where he is expected to announce a US-UK tech deal alongside UK prime minister Keir Starmer. As part of the agreement, Microsoft has committed to invest $30 billion in AI infrastructure over the next fo

Why the Oracle-OpenAI deal caught Wall Street by surprise

This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major role in AI infrastructure. On the OpenAI side, the agreement was more revealing than the lack of details suggest. For one, the startup’s willingness to pay so muc

Active phishing campaign targeting crates.io users

We received multiple reports of a phishing campaign targeting crates.io users (from the rustfoundation.dev domain name), mentioning a compromise of our infrastructure and asking users to authenticate to limit damage to their crates. These emails are malicious and come from a domain name not controlled by the Rust Foundation (nor the Rust Project), seemingly with the purpose of stealing your GitHub credentials. We have no evidence of a compromise of the crates.io infrastructure. We are taking s

Microsoft fixes Exchange Online outage affecting users worldwide

​Update September 11, 18:12 EDT: Revised story and title after Microsoft's confirmation that the outage has been mitigated. Microsoft says that it has mitigated an Exchange Online outage affecting customers worldwide, which blocked their access to emails and calendars. "We're investigating an issue affecting a portion of infrastructure in North America, where users may be unable to access their mailbox via any Exchange Online connection method," the company said on Thursday morning. According

Nebius shares soar 55% in premarket on Microsoft AI deal

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company's announcement of a multi-billion-dollar deal with Microsoft . Nebius' stock was up 55% at around 1:20 p.m. ET. The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth $19.4 billion to provi

Nebius shares soar 51% in premarket on Microsoft AI deal

Nebius, which was spun out from Russian internet giant Yandex, provides graphics processing units or GPUs for training artificial intelligence models. Artificial intelligence infrastructure firm Nebius Group soared in U.S. premarket trading on Tuesday, following the company's announcement of a multi-billion-dollar deal with Microsoft . Nebius' stock was up 51% at 10:39 a.m. London time (05:39 a.m. E.T.) The Amsterdam-based firm announced it had struck a multi-year deal with Microsoft worth $1

Czech cyber agency warns against Chinese tech in critical infrastructure

The Czech Republic's National Cyber and Information Security Agency (NUKIB) is instructing critical infrastructure organizations in the country to avoid using Chinese technology or transferring user data to servers located in China. The agency warned that these actions constitute a significant cybersecurity threat and should be entirely avoided unless there's a reasonable justification for continuing the practice. The NUKIB states that it has re-evaluated its risk estimate of significant disru

How the “Kim” dump exposed North Korea's credential theft playbook

Contents: Part I: Technical Analysis Part II: Goals Analysis Part III: Threat Intelligence Report Executive Summary A rare and revealing breach attributed to a North Korean-affiliated actor, known only as “Kim” as named by the hackers who dumped the data, has delivered a new insight into Kimsuky (APT43) tactics, techniques, and infrastructure. This actor’s operational profile showcases credential-focused intrusions targeting South Korean and Taiwanese networks, with a blending of Chinese-la

How the "Kim" dump exposed North Korea's credential theft playbook

Contents: Part I: Technical Analysis Part II: Goals Analysis Part III: Threat Intelligence Report Executive Summary A rare and revealing breach attributed to a North Korean-affiliated actor, known only as “Kim” as named by the hackers who dumped the data, has delivered a new insight into Kimsuky (APT43) tactics, techniques, and infrastructure. This actor’s operational profile showcases credential-focused intrusions targeting South Korean and Taiwanese networks, with a blending of Chinese-la

Building the AI-enabled enterprise of the future

“This is one of those inflection points where I don’t think anybody really has a full view of the significance of the change this is going to have on not just companies but society as a whole,” says Patrick Milligan, chief information security officer at Ford, which is making AI an important part of its transformation efforts and expanding its use across company operations. Given its game-changing potential—and the breakneck speed with which it is evolving—it is perhaps not surprising that comp

Electricity Is Becoming Unbelievably Expensive as the US Power Grid Decays Into Ruin

The US electrical grid is facing a stress test like never before. Thanks to a perfect storm of AI power consumption, climate crisis, crony capitalism, and a president bent on uprooting perfectly good energy infrastructure, the country's already-struggling power system is rapidly crumbling as costs balloon into the stratosphere. A recent analysis by Bloomberg underscores just how dire it's getting. In the country's largest continuous grid — a 13-state monstrosity managed by PJM Interconnection L

We rebuilt Cloud Life's infrastructure delivery with System Initiative

By Ryan Ryke, CEO, Cloud Life ‍ This is the story of how we eliminated static configuration files from our infrastructure workflows at Cloud Life, and, in the process, cut delivery times by more than half, improved reliability, and made our engineers’ work feel much smoother and more manageable. Before this project, we’d been working with the same model that most modern infrastructure teams use: Terraform scripts, config repos, PR reviews, CI pipelines. We’d optimized what we could, but the w

We Rebuilt Cloud Life's Infrastructure Delivery with System Initiative

By Ryan Ryke, CEO, Cloud Life ‍ This is the story of how we eliminated static configuration files from our infrastructure workflows at Cloud Life, and, in the process, cut delivery times by more than half, improved reliability, and made our engineers’ work feel much smoother and more manageable. Before this project, we’d been working with the same model that most modern infrastructure teams use: Terraform scripts, config repos, PR reviews, CI pipelines. We’d optimized what we could, but the w

Google scores six-year Meta cloud deal worth over $10 billion

Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter. The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The Information. Google is aiming to land big cloud contracts as it chases lar

Google scores six-year Meta cloud deal worth over $10B

Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, Calif., on Sept. 25, 2024. Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter. The agreement spans six years, said the people, who asked not to be named because the terms are confidential. The deal was reported earlier by The Information. Google is aiming to land big cloud contracts as it chases lar

Funding Open Source like public infrastructure

To protect the digital foundation of essential government services, governments should invest in Open Source as public infrastructure and shift from consumption to contribution. Fifteen years ago, I laid out a theory about the future of Open Source. In The Commercialization of a Volunteer-Driven Open Source Project, I argued that if Open Source was going to thrive, people had to get paid to work on it. At the time, the idea was controversial. Many feared money would corrupt the spirit of volunt

Trump administration stops illegal freeze of $5B EV charger funds after losing in court

The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. A coalition of states sued over the funding freeze in the National Electric Vehicle Infrastructure (NEVI) program, which was one of the administration’s many attempts to stop funding appropriated by Congress at the start of Donald Trump’s second term. A judge ruled in June that those states were

If the AI Bubble Pops, It Could Now Take the Entire Economy With It

AI companies are pouring so much money into AI, experts are starting to warn that it may be propping up the entire US economy. As investor Paul Kedrosky told the Wall Street Journal, spending on AI infrastructure has already eclipsed spending on telecom and internet infrastructure during the dot-com crisis over two decades ago, raising the specter of a massive bubble. Kedrosky also floated the possibility that we haven't really felt the effects of president Donald Trump's tariffs due to the sc

A Hitchhiker's Guide to the AI Bubble

"The competition for AGI—AI that surpasses humans at all cognitive tasks—is of fundamental geopolitical importance." That's The Economist, last week. Not some breathless tech blogger or venture capitalist talking their book. The world's most prestigious economic publication. Notice the framing - it treats AGI as a foregone geopolitical contest. They're not wrong about the competition. They're just wrong about what we're competing for. I started coding again last year. First time in 13 years.

Meta to spend up to $72B on AI infrastructure in 2025 as compute arms race escalates

Meta is pouring money into the physical and technical infrastructure needed to scale its AI ambitions. The company said Wednesday in its second-quarter earnings report that it plans to more than double its spend on building AI infrastructure, like data centers and servers. “We currently expect 2025 capital expenditures, including principal payments on finance leases, to be in the range of $66-72 billion…up approximately $30 billion year-over-year at the midpoint,” Meta said. That’s an aggressi

State capacity and eight parking spaces

Jul 29, 2025 politics government infrastructure seattle State Capacity and Eight Parking Spaces Ezra Klein and Derek Thompson’s book, Abundance, makes a compelling case that American government has systematically eroded its own capacity to build things. Through decades of well-intentioned regulations, environmental reviews, and bureaucratic processes, we’ve created a system that prioritizes blocking bad projects over enabling good ones. The result is a country that can’t build high-speed rail,

State Capacity and Eight Parking Spaces

Jul 29, 2025 politics government infrastructure seattle State Capacity and Eight Parking Spaces Ezra Klein and Derek Thompson’s book, Abundance, makes a compelling case that American government has systematically eroded its own capacity to build things. Through decades of well-intentioned regulations, environmental reviews, and bureaucratic processes, we’ve created a system that prioritizes blocking bad projects over enabling good ones. The result is a country that can’t build high-speed rail,

How E2B became essential to 88% of Fortune 100 companies and raised $21 million

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now E2B, a startup providing cloud infrastructure specifically designed for artificial intelligence agents, has closed a $21 million Series A funding round led by Insight Partners, capitalizing on surging enterprise demand for AI automation tools. The funding comes as an remarkable 88% of Fortune 100 companies have already signed up to use E2B

OpenAI and partners are building a massive AI data center in Texas

On Tuesday, OpenAI announced a partnership with Oracle to develop 4.5 gigawatts of additional data center capacity for its Stargate AI infrastructure platform in the US. The expansion, which TechCrunch reports is part of a $30 billion per year deal between OpenAI and Oracle, will reportedly bring OpenAI's total Stargate capacity under development to over 5 gigawatts. The data center has taken root in Abilene, Texas, a city of 127,000 located 150 miles west of Fort Worth. The city, which serves

$16.5B Apple tax windfall will pay for new electricity and water infrastructure in Ireland

With the last remaining part of the Apple tax windfall paid to the Irish government recently, we are today learning what the country plans to do with the €14.25B ($16.5B). The country’s prime minister has promised “unprecedented” investment in the country’s ailing infrastructure, with Apple’s money to be spent mostly on electricity and water projects … Irish government receives €14.25B ($16.5B) You can read a summary of the nine-year saga over whether or not Apple owed the Irish government bi

Crowdstrike’s massive cyber outage 1-year later: lessons enterprises can learn to improve security

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now As we wrote in our initial analysis of the CrowdStrike incident, the July 19, 2024, outage served as a stark reminder of the importance of cyber resilience. Now, one year later, both CrowdStrike and the industry have undergone significant transformation, with the catalyst being driven by 78 minutes that changed everything. “The first anniv

OpenAI Quietly Turns to Google to Stay Online

OpenAI, the company behind ChatGPT, has quietly added Google Cloud as one of its official service providers, meaning Google will now help power the systems that run ChatGPT and other AI products. This development was disclosed on OpenAI’s website in a list of what are called sub-processors, or companies that handle or process user data on OpenAI’s behalf. For everyday users, it may not seem like a big deal. But behind the scenes, it is a major shift. OpenAI, which is backed by Microsoft, has