Nebius revenue grew 454%. Most of the cash came from customers paying in advance
Nebius revenue grew 454%. Most of the cash came from customers paying in advance

Nebius rents out computing power. It buys Nvidia chips, puts them in data centres, and charges companies to train and run AI models on them. The trade calls this a neocloud. It is based in Amsterdam, listed on Nasdaq, and was spun out of the Russian in…

A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’
A Pentagon memo tells staff to spend $244m with Palantir. Its subject line is ‘Funding Palantir’

Government software is usually bought by asking several companies to bid. A department writes down what it needs, suppliers compete, and the file records why the winner won. A memo drafted inside the US Defense Department on 4 August did something diff…

AI compute becomes a tradable commodity on 5 October. The price goes public
AI compute becomes a tradable commodity on 5 October. The price goes public

Renting an Nvidia H100 for an hour costs whatever your supplier says it costs. There is no published price. Two companies buying identical capacity can pay very different rates, and neither of them will know. That changes on 5 October. CME Group, the e…

Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled
Sachin Bansal’s Navi hires banks for a $315m IPO, four years after his first attempt stalled

Navi, the Indian fintech founded by Flipkart co-founder Sachin Bansal, has hired banks for an initial public offering of about $315m, according to a Bloomberg report. It is the clearest sign yet that Bansal’s second act is finally heading for the publi…

Revolut is building its own airport lounges, starting in Copenhagen in 2027
Revolut is building its own airport lounges, starting in Copenhagen in 2027

Revolut, the fintech that built a fortune on the promise that you would never again need to set foot in a bank, is about to start putting up buildings. The company said today that it will open its own premium airport lounges across Europe, with the fir…

Oracle plans fresh August layoffs as its AI spending spree bites
Oracle plans fresh August layoffs as its AI spending spree bites

Oracle is planning another round of job cuts this month, according to Business Insider, with some teams reportedly facing double-digit-percentage reductions. Managers have been told to identify the employees affected, and the goal is to trim payroll be…

A billion-dollar game deleted a character in 8 days. Then it had the worst month of its life
A billion-dollar game deleted a character in 8 days. Then it had the worst month of its life

In June, Love and Deepspace took about $38m across the App Store and Google Play. In July it took just over $10m, mobilegamer.biz reported this week, citing Sensor Tower. The game slid to 16th in the monthly gacha rankings, having never before dropped …

SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms
SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms

SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machine,…

Explaining Anthropic’s New Watermarking Of Claude AI-Generated Outputs And What It Signifies For Society

Anthropic announced they are turning on watermarking for their Claude AI-generated outputs. This is significant. An AI Insider analysis and scoop.

‘Nasty Monster’ Islam Makhachev Vs. ‘Confident’ Ian Machado Garry And Sleeper Fights On UFC 330

Everything on UFC 330: the full 11-bout card, start times for all three blocks, how to watch on Paramount+, and why only four ranked fighters are on it.