SoftBank-Backed DayOne Is Said to Eye $2 Billion in Upsized Deal

A recent study from Princeton highlights that data centers capable of generating their own power can commence operations significantly faster than those dependent on traditional utility connections, especially during emergencies like heatwaves.

YouTube creators are increasingly producing AI-generated videos aimed at children under two years old, a trend that has raised concerns about the quality and educational value of such content. These videos, often described as 'AI Slop,' are designed to capture the attention of very young viewers, potentially leading to excessive screen time.

Kraken Technologies Ltd., a UK-based energy technology firm, has initiated a funding round aiming to raise approximately $500 million to support its software platform that assists utilities in transitioning to cleaner energy sources.

Markets are witnessing soaring stock valuations, yet investors face challenges in executing sales, as discussed by analysts Ven Ram, Guy Johnson, and Anna Edwards on Bloomberg's 'The Opening Trade.' This situation reflects a complex interplay between market optimism and practical trading constraints.

Snowflake Inc. has provided a disappointing outlook for its operating margin, which has raised concerns among investors regarding the profitability of its new AI-based tools. This forecast falls short of analysts' expectations, indicating potential challenges ahead for the company.

Salesforce Inc. has provided a revenue outlook for the current period that exceeds analysts' expectations, indicating a successful push for customers to adopt its artificial intelligence tools. This positive forecast reflects the company's strategic focus on AI integration within its offerings.

Okta CEO Todd McKinnon highlighted the company's optimistic outlook driven by advancements in artificial intelligence (AI) during an interview on Bloomberg Tech. He emphasized the significant opportunities AI presents for enhancing software solutions and driving growth.

Intel Corp. has decided to shelve its plans to spin off or sell a stake in its networking division, concluding that it is more likely to succeed as an internal unit. This decision follows a comprehensive review of the division's potential and strategic importance within the company.