Nebius plans $4.5 billion convertible debt sale to fund data centers, AI platform
We haven't written up this one. Yahoo Finance has the full story — the link below goes straight to it.
More in AI
Are LLMs Equally Good (or Bad) at Building Secure Software?
An SCW study finds a large variance in how frontier and budget LLMs perform across different frameworks, and explains the striking cost variance.
The Download: AI’s self-improvement problem, and what’s driving the heat
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology.
🫧 Is AI a bubble yet? Our five gauges say no
Demand is justifying all the spending, but the spending is getting harder to unwind
Hidden AirTag appears to confirm suspicions about illicit AI book scanning
Suspicious bulk orders of used books have led many booksellers to believe they are being purchased on behalf of AI companies so that they can be scanned and used as training material without author…
Anthropic surpassed OpenAI in revenue for the first time as ChatGPT growth slowed
Anthropic posted $11.6 billion in second-quarter revenue and a small operating profit while OpenAI's losses widened to $12.3 billion
Reconstructed code from Flock's login pages shows a new AI-powered system, called OS Investigate, that integrates license plate scans, case files, and more (Wired)
Flock's surveillance cameras have already sparked outrage. WIRED reconstructed its next-generation AI system, already in use by some police …