Equinix, whose stock is up 33% YTD, pushing its market cap to $100B, inks a deal with Nvidia to let customers run their AI models on the Together AI platform — Long before the era of the hyperscalers and neoclouds, and decades ahead of the AI data center boom, there was Equinix.
Posted from: this blog via Microsoft Power Automate.
The LA Unified School District bars ~378,000 students from using AI tools on district-provided laptops and tablets as officials review AI's role in classrooms — The district has blocked generative AI tools on student devices as officials review the role of AI in classrooms
Posted from: this blog via Microsoft Power Automate.
Sources: ByteDance has secured a $29.6B loan in Asia's second-largest USD-denominated borrowing this year, behind SoftBank's $40B bridge loan signed in March — ByteDance Ltd., the developer of TikTok, has secured a $29.6 billion loan, according to people familiar with the matter …
Posted from: this blog via Microsoft Power Automate.
South Korean semiconductor exports surged 209% YoY to a record $46.65B in August, accounting for 47.5% of the country's goods exports, according to officials — South Korea's semiconductor exports have been an absolute boon for Asia's fourth-largest economy, sending overall numbers to a record.
Posted from: this blog via Microsoft Power Automate.
China-based Moonshot filed confidentially for a Hong Kong IPO; source: the company is in talks to raise a pre-IPO funding round at a $50B valuation — Moonshot AI, whose Kimi K3 open-source model has become a global hit, has filed confidentially an application for a Hong Kong initial public offering …
Posted from: this blog via Microsoft Power Automate.