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Sources: Abu Dhabi's MGX is exploring buying Singapore-based data center operator DayOne; last month, sources said DayOne planned a US IPO at a $20B valuation

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TECH NEWS

Docs: OpenAI burned through $3.7B in Q1, on revenue of $5.7B, and ended the quarter with $73B+ in cash and marketable securities vs. $40B at the end of December

Sponsor Posts Fast, affordable law for startups — Soxton automates startup legal so founders can move faster and sleep better. We handle incorporation, advisor, employment and commercial contracts. Join the waitlist for early access! Accelerate AI Adoption at F5's AI Virtual Summit — Learn how to architect, secure, and scale