Nscale filing reveals $5.5B debt and larger Nvidia financing commitment
Nscale had $5.5B in debt in September, up from $137.4M in June, Bloomberg reported, citing an amended S-1 filing. Nvidia committed $2B of the data center developer's $3B+ convertible financing; Nscale previously disclosed $1B.
Smartbird warns most convertible-note funding remains optional
Smartbird, formerly Allbirds, says only the initial $8.25 million of its convertible-note facility has been invested, while the remaining $91.75 million is solely at noteholders' option.
DeepX plans more than $100 million for chip using Samsung's 2 nanometer process
South Korean startup DeepX plans to spend more than $100 million developing its next artificial intelligence chip, Bloomberg reported.
Uber notifies drivers of license data theft through Fireworks AI
Uber is notifying thousands of drivers that their personal and driver's license information was stolen in an October breach at Fireworks AI, TechCrunch reported. Notices filed this week say attackers stole internal credentials from the provider and used them to access Uber data.
Check Point reports gateway exploit chain used to deploy backdoors and wipers
Check Point has disclosed attacks that chained PHP2Shell vulnerabilities in unpatched Security Gateways with a previously unreported Gaia OS flaw to install persistent backdoors.
BYD demonstrates megawatt charging hub with prototype robotic connector
BYD unveiled a charging installation in Abu Dhabi combining rooftop solar panels, stationary batteries, megawatt charging and a prototype robotic connector.
