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Monthly Archives: June 2025
Super Micro shares fall on planned $2 billion convertible debt offering
Super Micro said on Monday that it’s offering $2 billion in convertible notes due 2030.
Media Matters Sues F.T.C. Over Advertising Investigation
The liberal advocacy organization said in a lawsuit that the Federal Trade Commission’s inquiry into boycotts with other advertising groups was “retribution.”
Leak reveals Grok might soon edit your spreadsheets
Leaked code suggests xAI is developing an advanced file editor for Grok with spreadsheet support, signaling the company’s push to compete with OpenAI, Google, and Microsoft by embedding AI copilots into productivity tools.
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Four months after a $3B valuation, Harvey AI grows to $5B
The round, which comes just four months after $300 million Series D, was co-led by Kleiner Perkins and Coatue.
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Elon Musk’s Lawyers Claim He ‘Does Not Use a Computer’
The claim appeared in a court filing related to Elon Musk’s ongoing lawsuit against Sam Altman and OpenAI. The Tesla and xAI owner has posted about his laptop numerous times in the past year.
Fiserv debuts bank-friendly stablecoin as fintechs join digital dollar race
The launch coincides with growing momentum in Congress, as the Senate’s passage of the Genius Act signals rising institutional support for stablecoins.
Over a million people now have access to the gen-AI powered Alexa+
Alexa+ is available for free during Early Access and will later be free for Prime customers. Non-Prime users will be able to use the service for $19.99 per month after it publicly launches.
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New York State wants more nuclear power in a big way
Gov. Kathy Hochul is directing the New York Power Authority, which owns and operates two dozen power plants — mostly dams and gas turbines — to develop the new facility. The plans are still in their infancy: NYPA, a state government … Continue reading
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AllSpice’s platform is the GitHub for electrical engineering teams
AllSpice’s platform sits between existing workflow software. It allows hardware teams to collaborate on the types of documents they traditionally work in — documents that don’t easily translate over Slack and email — like PCB files and electronic CAD files, … Continue reading
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Amazon launches second batch of Kuiper internet satellites, taking on Elon Musk’s Starlink
Amazon has sent more Kuiper craft into space as it looks to deploy a satellite constellation that rivals Starlink, a service operated by Elon Musk’s SpaceX.