Sources: a group of banks is in talks to lend $15B to Nexus to build a Texas data center; Anthropic will lease it and Google has provided financial guarantees — Google's guarantees of power and lease obligations would help developer secure financing for the 1.6-gigawatt Texas project
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Source: Situational Awareness' assets have fallen to ~$10B after it liquidated some positions to meet margin calls, down from a reported $20B+ as of late May — Assets at Leopold Aschenbrenner's hedge fund Situational Awareness have slumped to about $10 billion after it was forced to liquidate some positions to meet margin calls.
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Google pilots a faster twice-a-week schedule for Chrome security releases as AI tools drive a surge in bug discoveries; Chrome 149 and 150 fixed 1,072 bugs — The two Chrome updates in June patched more bugs than the 23 updates before them. Now, Google is ramping up its patching schedule thanks …
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Thinking Machines releases Inkling-Small, an open-weight model with 276B total and 12B active parameters, saying it “achieves comparable performance” to Inkling — Try on Tinker Model card Hugging Face — Today, we are releasing Inkling-Small, an efficient open-weights model …
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Okta agrees to acquire AI identity security startup Permiso; source: the acquisition is valued at just under $200M and is structured as an almost all-cash deal — Okta on Thursday agreed to acquire AI identity security startup Permiso Security, betting that demand for protecting AI agents …
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