OpenAI closes roughly $11 billion in funding at $1.25 trillion valuation
OpenAI has received roughly $11 billion in new funding, the initial portion of a round valuing it at $1.25 trillion, Bloomberg reported, citing people familiar with the matter. The money had been wired by Friday.
Aave Labs acquires Avon team and lending technology
Aave Labs has acquired Avon's team and technology to expand its lending services and develop more fixed-rate borrowing options, KuCoin reported. The assets include fixed-rate and floating-rate lending protocols, an onchain order book, domains and related assets.
Pwn.ai demonstrates Firecracker guest escape on a host running it as root
Pwn.ai says it escaped a Firecracker microVM and executed a chosen operation as root on the host while the virtual machine remained accessible over SSH.
Brightspeed seeks multibillion-dollar funding lifeline in creditor talks
Brightspeed is negotiating with creditors over a multibillion-dollar funding lifeline, Bloomberg reports. The broadband provider faces a heavy debt burden while carrying out a capital intensive fiber internet rollout.
Google buys Crusoe's Wyoming data centre site to build it itself
Google has bought Crusoe's data centre site in southeast Wyoming and will build the project itself, Crusoe said Friday. The acquisition follows Google's announcement a day earlier that it would spend $17B on its first Wyoming data centre in Laramie County.
Protesters enter Microsoft data center construction site in Amsterdam
About a hundred protesters entered a Microsoft data center construction site in Amsterdam, Tom's Hardware reported, citing Reuters. Pure Data Centers, which owns the site, asked those present to leave safely and discuss their concerns.