Tag: Business
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Australia’s NEXTDC CEO to forgo fiscal 2027 bonuses after forecast cut, project delay
Oct 26 : NEXTDC CEO Craig Scroggie will give up his fiscal 2027 bonus opportunities, the Australian data centre operator said on Monday, after it slashed its revenue forecast and paused future developments last week.Here are some details:• The company said the board has withdrawn the resolution propo
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Anthropic’s Claude accessed public US state of Georgia voter information, Axios reports
Oct 25 : Anthropic’s Claude bypassed a paywall and accessed publicly available US state of Georgia voter data without human authorization, Axios reported on Sunday. “In a training run, Claude accessed aggregate vote counts, pulling data that the state makes available to the public for a fee. It didn’t access
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Musk says SpaceX raised $40 billion in debt for GPUs
Oct 25 : Elon Musk said SpaceX had closed $40 billion in debt financing for graphics processing units, adding the company’s investment-grade status and revenue from its Starlink satellite internet and launch businesses had helped preserve its access to credit.”This is primarily callable debt for GPU purchases
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Audi defends plans for a $4 billion Georgia plant amid VW restructuring, tariffs
Audi’s CEO defended the company’s plans for a $4 billion plant in Georgia, calling it a business decision to grow sales and reduce exposure to U.S. tariffs.
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Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the startup for a potential IPO.
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That Girl Boina: How employee theft is hurting small businesses in Africa
That Girl Boina’s post about why she had closed her beauty parlour struck a nerve with other small business owners.
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Amgen says drug combo cuts risk of death by 58% in patients with aggressive lung cancer
A drug from Amgen could give patients with an aggressive form of lung cancer significantly more time to live when added to an immunotherapy from AstraZeneca.
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Why popular airplanes are getting scrapped years early
Airplanes are getting dismantled for parts years ahead of schedule because engines and other components are in short supply.
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Nvidia’s role as AI financier faces first big test as neoclouds take market hit
As Nvidia has gone from chipmaker to industry financier, some investors see the company taking on outsized risk tied to the AI buildout.
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OpenAI resumes frontier AI training after security overhaul, discloses flaw in widely used software
Oct 23 : OpenAI said on Friday it had resumed training of its most advanced AI models after tightening security and barring internet access, and disclosed a flaw in a widely used software that it found while testing its defenses.The disclosure comes amid concerns over the ability of increasingly capable AI ag
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