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xAI offers Mississippi homeowners buyouts linked to data-center noise lawsuit

An xAI subsidiary is offering to purchase homes in a Southaven, Mississippi, neighborhood near the company’s data center and power plant, according to reports cited by The Verge. The proposal is conditional on residents promising not to join a lawsuit challenging noise from the facilities. A realtor reportedly told

Technology News

FCC Approves Amazon Leo's $11.5 Billion Globalstar Acquisition

The Federal Communications Commission has approved Amazon Leo's $11.5 billion acquisition of Globalstar, a mobile-satellite operator. The approval clears the proposed deal, expanding Amazon Leo's presence in satellite communications and connecting the transaction to the broader growth of satellite-based mobile services. Sources * Engadget

Technology News

Kodiak signs first commercial deal for driverless highway trucks

Kodiak has reached its first commercial deal to supply driverless trucks for public highways, signing with DTL Transport. The agreement marks a strategic shift for Kodiak toward supplying autonomous-driving technology rather than owning and operating a fleet of driverless trucks. This asset-light model could allow the company to

Investors Prepare for Big Tech’s AI Spending

Investors are bracing for a substantial rise in artificial-intelligence spending by major technology companies. The focus will be on how companies such as Amazon and Microsoft balance heavy investment in AI infrastructure with revenue growth and profitability. For investors, the coming quarterly results are likely to provide a clearer

Technology News

Disruptive Launches $10 Billion Flagship Fund for Late-Stage Technology

Investment firm Disruptive has launched a $10 billion flagship fund focused on late-stage technology companies. The fund is designed to target businesses that have already progressed beyond earlier development stages and are seeking capital for further expansion. The size of the vehicle indicates Disruptive's intent to establish

Physical Intelligence Reportedly Discusses a $20 Billion Valuation

Physical Intelligence is reportedly in discussions that could lead to a $20 billion valuation for the robotics lab. The available report does not specify whether the talks concern a funding round, an investment, or another transaction, nor does it outline the proposed terms. Sources * Google News: Artificial Intelligence

Technology News

Anthropic’s IPO Could Deliver outsized Gains for Amazon and Venture Investors

Anthropic’s planned IPO is expected to create significant gains for the venture capital firms that backed the company. Their investments could generate returns measured in billions as shares are sold to public investors. Amazon, however, is positioned to capture a much larger share of the upside. The conversion of