Showing 305–320 of 404 items from the last 14 days
National Grid Ventures committed $1.75 billion to fund a gas power plant capable of supplying 2GW for a Microsoft data center in Texas. This represents a significant infrastructure investment required to support the escalating energy demands of hyperscale AI compute facilities.
Read original →Tencent joined a $2.8 billion funding round for Kuaishou's Kling AI subsidiary, causing Kuaishou's Hong Kong-listed shares to rise 6.89% at market open. Strategic backing from Tencent validates Kling's technology and may accelerate its competitive positioning against international AI video platforms.
Read original →The Lobito Corridor railway project in Angola achieved financial close of $753 million, establishing critical cross-border transport infrastructure for the region. This project is essential for logistics and resource export from southern Africa, directly supporting mining and mineral transportation networks.
Read original →Anthropic's Claude (Fable 5) set a new performance record for AI freelance work automation. While demonstrating significant AI capability advancement, the model remains insufficient to replace human workers, indicating persistent limitations in autonomous task execution.
Read original →Nebius signed an 18MW data center lease with Merlin Properties in Spain, marking its first entry into the Spanish market. This expansion reflects growing demand for distributed data center capacity in Europe to support AI and compute workloads.
Read original →A Peruvian company acquired a 13.8% stake in Pacific Ridge Exploration Ltd. following a $8.45 million funding close. This represents continued capital deployment into exploration-stage mining companies focused on critical mineral discovery.
Read original →Anthropic is reportedly in talks with Samsung Electronics about manufacturing a custom AI chip. The project is still early, but Anthropic has already hired chip engineers. After OpenAI's "Jalapeño," yet another major AI company is pushing into chip development to cut infrastructure costs. The article Anthropic reportedly explores custom chip manufacturing with Samsung while insisting Nvidia still matters appeared first on The Decoder.
Read original →For decades, to be a gamer was to accumulate a lot of stuff. Consoles, controllers, accessories, weird VR gloves that never worked properly, but mostly the games themselves. Over the years, games have come in every shape and size you can imagine. And now that era appears to be ending. On this episode of The Vergecast, David and Nilay talk about Sony's plan to end production of PlayStation discs, Microsoft's ongoing strategy for digitizing games, and in general the end of physical game media. It all makes a certain kind of business sense - and these companies are all desperately searching for anything that makes business sense - but it might … Read the full story at The Verge.
Read original →Paul Rabil told CNBC he's banking on the 2028 Los Angeles Summer Games, where lacrosse will return as an Olympic sport, to shine a spotlight on the PLL.
Read original →The copper mine has been closed since late 2023 after it was denied its water permit.
Read original →Turn these iMessage settings on or off for a cleaner, modern, and more private texting experience.
Read original →SK hynix announces major plan to spend $712.5 billion in its operations in South Korea, but the only detailed investments are spendings on a new NAND fab and a packaging facility.
Read original →A drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons.
Read original →Agnico Eagle Mines (TSX:AEM,NYSE:AEM) has temporarily suspended extraction at the Barnat open pit within its Canadian Malartic complex in Quebec following a rock mass movement along the site's north wall. The wall failure occurred in a sector previously identified by engineers as possessing weaker geological structures. The zone was already subject to enhanced geotechnical monitoring and was isolated by safety exclusion zones prior to the rock movement. Company technical teams are currently conducting detailed geotechnical assessments to map out the stability of the north wall. Planning activities are actively underway to facilitate the safe and orderly resumption of operations in the Barnat pit. In the interim, the Canadian Malartic processing plant is relying on low-grade surface stockpiles to replace the planned Barnat ore feed, a contingency designed to buffer the immediate production shock. While the incident leaves the company's immediate financial quarter unscathed, the suspension will generate persistent headwinds into the medium term. Production in the second quarter of 2026 was unaffected by the failure, with Agnico Eagle expecting to report quarterly output of approximately 845,000 ounces of gold, slightly ahead of internal plans. However, the downstream impacts of the pit closure will affect second-half metrics. The company projects a production reduction of 60,000 to 80,000 ounces of gold at Canadian Malartic for the latter half of 2026. As a result, full-year corporate production is now expected to land near the lower end of the company's previously disclosed range of 3.3 million to 3.5 million ounces. The constraints will extend beyond the current calendar year. The Barnat open pit was originally scheduled to be mined out by early 2029. Pending the results of the ongoing geotechnical review, Agnico Eagle anticipates the rock mass movement will curb production by up to 150,000 ounces annually in both 2027 and 2028. Management is currently evaluating strategies to mitigate this multi-year deficit. Despite the setback at the open-pit level, Agnico Eagle confirmed the incident will not disrupt the development timeline or production outlook for the adjacent Odyssey mine. The objective to achieve 1 million ounces of annualized gold production from Canadian Malartic by the early 2030s remains completely intact. Further updates regarding a safe restart timeline, as well as revised production and cost guidance, will be detailed in the company's second-quarter earnings report on July 29. Don't forget to follow us @INN_Resource for real-time updates! Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
Read original →Anthropic has cut the system prompt for Claude Code by 80 percent. According to staffer Tariq Shihipar, the new Fable 5 models need fewer instructions and examples. Guidelines can even hold the models back because they're "more imaginative" than what they're given. Instead of strict rules, Anthropic now steers through context. The article Anthropic says it cut 80 percent of Claude Code's system prompt because Fable 5 models "want a smaller system prompt" appeared first on The Decoder.
Read original →Palantir CEO Alex Karp boldly states in an interview that claims AI companies are stealing customer's data while charging them for unproductive services.
Read original →
DailySand