Tech News Roundup: Media Megamerger, Security Concerns, and AI Infrastructure
Tech News Roundup
This week's tech stories highlight major shifts in the media landscape, ongoing cybersecurity challenges, and massive investments in AI infrastructure.
Paramount and Warner Bros. Discovery complete $110 billion media megamerger
Paramount has finalized its acquisition of Warner Bros. Discovery, creating a $110 billion media empire under the Skydance name that will eventually merge HBO Max and Paramount Plus into a single streaming service. Read more: Paramount and Warner Bros. Discovery complete $110 billion media megamerger
Hackers obtain counterfeit TLS certificates for Google and other large services
Security researchers have uncovered a breach affecting three domain registries that allowed attackers to obtain fraudulent TLS certificates for Google and other major services, raising concerns about the integrity of the certificate authority ecosystem. Read more: Hackers obtain counterfeit TLS certificates for Google and other large services
Skydance will combine HBO Max and Paramount+ into a single streaming service
Skydance is moving ahead with consolidating HBO Max and Paramount+ into a unified streaming platform, marking a significant shift in the competitive streaming landscape. Read more: Skydance will combine HBO Max and Paramount+ into a single streaming service
Furientis lands $25M from Benchmark to mass-produce low-cost missile interceptors
Benchmark has invested $25 million in Furientis, a missile defense startup, marking the storied VC firm's first pure defense investment as it looks to scale production of low-cost interceptors. Read more: Furientis lands $25M from Benchmark to mass-produce low-cost missile interceptors
AI computing startup Lambda to raise $4B ahead of planned IPO
Lambda, the Nvidia-backed AI computing startup, is raising up to $4 billion in a funding round that values the company at $14.5 billion pre-money, positioning it for a planned 2027 public listing. Read more: AI computing startup Lambda to raise $4B ahead of planned IPO
Google's power-hungry data centers crave nuclear energy
Google has signed a major 20-year power purchase agreement with Constellation to upgrade six existing nuclear plants in the US, representing over $4.3 billion in new investment aimed at adding 890 megawatts of capacity to meet surging electricity demand from AI infrastructure. Read more: Google's power-hungry data centers crave nuclear energy