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Nebius is raising $4.5bn in convertible bonds to build AI data centres
Nebius Group said on Wednesday that it plans to raise $4.5 billion by selling convertible bonds. It will use the money to build data centres for artificial intelligence. The Amsterdam-based company set out the plan in a statement. The offering comes in two parts. Nebius is selling $2.75
China lands a rocket booster on the ground for the first time
The Chinese startup LandSpace recovered the first stage of its Zhuque-3 rocket on Wednesday. It is one of only a handful of private companies to land an orbital-class booster. Reuters reported that the feat places LandSpace alongside SpaceX and Blue Origin, and narrows China’s gap with the US in
A watchdog says Meta pays influencers to fight teen bans worldwide
Meta is running a global campaign to push back against laws that would ban teenagers from social media, according to a new investigation by the Tech Transparency Project. The effort relies on paid influencers and funded parent groups, the watchdog said. Meta developed the tactics in the United States, the
OpenAI puts a 20% compute cost on its new AI safety monitoring
OpenAI has put figures and detail on the slowdown it signalled this week. It paused some frontier training for two weeks, it said. It is also running a new monitoring system for the riskiest work. That system adds about 20 percent to the compute cost of what it covers. The