Nscale says additional financing is needed for 2027 Anthropic commitments
Nscale told investors it needs additional financing to fulfil its 2027 Anthropic commitments, the Financial Times reported, citing a filing. The Nvidia-backed cloud provider ordered Nvidia chips for a $45B Anthropic deal.
MIT researchers demonstrate stronger structural designs with human feedback
MIT researchers demonstrated a system that lets engineers modify structures during algorithmic design, improving manufacturability and increasing linear buckling load by 39 percent.
OpenAI launches tools for web app testing and automated defense
OpenAI has launched Daybreak Red Team in early access to test web applications for security flaws, The Register reported. It also launched Daybreak Defense Factory to automate finding, validating and fixing flaws, pairing penetration testing with a separate defensive product.
Samsung in talks to acquire data center cooling maker Modine
Samsung Electronics is in talks to acquire Modine Manufacturing, Bloomberg reported, citing people familiar with the matter. Modine makes cooling systems for data centers and has a market value of $5.6B. A deal could come as soon as the coming weeks.
ByteDance plans share buyback of up to $6 billion
ByteDance plans to buy back up to $6 billion of shares from investors at a valuation of about $400 billion, Bloomberg reported, citing people who reviewed the proposal. That valuation represents a 20% increase from a similar program a year ago.
Microsoft reports limited recovery as global outage exceeds 12 hours
Microsoft reported only marginal success repairing a global outage after more than 12 hours, CNN reported. The company said changes intended to improve service were not working as expected and was seeking alternative ways to increase capacity amid traffic management imbalances.
