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Meta’s AI push hinges on cheaper, faster infrastructure, not just a new model
technology11 hours ago

Meta’s AI push hinges on cheaper, faster infrastructure, not just a new model

Yahoo Finance notes Meta’s stock rally is powered by a quiet but transformative shift in its infrastructure economics: Reuters revealed an internal memo showing Meta plans about 14 gigawatts of compute capacity for 2026–27, with actual costs per gigawatt around $22 billion (far below many analysts’ estimates). This suggests Meta can expand AI capacity more cheaply than feared, supported by plans to manufacture in‑house Iris chips starting in fall 2026 and a cadence of new chips every six months through 2027, pointing to a highly efficient, vertically integrated AI factory and potentially strong ROI on its big capex beyond the Muse Spark model buzz.

via Yahoo Finance|
#ai-infrastructure#iris-chip#meta
Apple Alarmed by Tata Electronics Breach Revealing iPhone 18 Pro Details
technology12 days ago

Apple Alarmed by Tata Electronics Breach Revealing iPhone 18 Pro Details

Reuters reports Apple is concerned after Tata Electronics, its Indian supplier, was targeted by a cyberattack that leaked confidential Apple documents related to the iPhone 18 Pro, including supplier lists, component designs, and drop-test images. Apple is investigating with Tata and preparing longer-term security measures, as the breach could affect its supplier relationships.

via MacRumors|
#apple#data-leak#iphone-18-pro
Micron Surpasses Meta, Briefly Edges Tesla in Market Value
business13 days ago

Micron Surpasses Meta, Briefly Edges Tesla in Market Value

Reuters reported Micron Technology (MU) briefly surpassed Meta Platforms in market value and nearly eclipsed Tesla, with MU’s market cap around $1.398 trillion compared with Meta at about $1.392 trillion and Tesla near $1.4 trillion, driven by a strong AI-fueled forecast; MU also drew price-target boosts from Deutsche Bank to $2,000 and a Buy rating from DA Davidson after its earnings beat, signaling optimism that AI-related memory demand could sustain MU’s growth.

via Yahoo Finance|
#business#market-capitalization#meta-platforms
Intel Says Trump’s Iran War Is Not Slowing Nuclear Progress
politics2 months ago

Intel Says Trump’s Iran War Is Not Slowing Nuclear Progress

U.S. intelligence assessments cited by Reuters indicate Iran would require the same amount of time to build a nuclear bomb as after Trump’s last year strikes, undermining the president’s claim to have obliterated Iran’s program and suggesting further damage would require destroying Iran’s stockpile of enriched uranium; Tulsi Gabbard has said there is no evidence Iran rebuilt facilities, while the ceasefire remains fragile as Trump fixates on other issues, including a White House ballroom, amid ongoing tensions.

via The Daily Beast|
#donald-trump#intelligence#iran
media2 months ago

Pulitzers 2025 crown major outlets and local-paper triumphs

Pulitzers 2025 crown major outlets and local-paper triumphs: The Washington Post wins Public Service for exposing Trump-era federal cuts, AP wins International Reporting, Reuters takes National Reporting and Beat Reporting for Meta, the Minnesota Star Tribune wins Breaking News for Minneapolis Catholic school shooting coverage, and the Miami Herald earns a Special Citation for Julie K. Brown’s Epstein reporting, with The New York Times taking three prizes as journalism outlets nationwide are recognized.

via Politico|
#associated-press#media#miami-herald
Is Banksy Finally Unmasked? Reuters Probe Fuels Identity Debate
culture3 months ago

Is Banksy Finally Unmasked? Reuters Probe Fuels Identity Debate

A Reuters investigation claims to have identified Banksy as Robin Gunningham (who later used the name David Jones), reigniting decades of speculation about the anonymous street artist’s true identity. The article traces his Bristol origins, rise to global fame, notable stunts like Dismaland and the 2018 Girl with Balloon shredding, and notes several names linked to Banksy, though fans argue anonymity remains central to the brand.

via BBC|
#anonymity#banksy#culture
Banksy’s identity puzzle: Reuters ties him to Robin Gunningham and David Jones
culture3 months ago

Banksy’s identity puzzle: Reuters ties him to Robin Gunningham and David Jones

Reuters' long investigation claims Banksy is Robin Gunningham, now using the name David Jones, and ties him to Massive Attack’s Robert Del Naja; it points to a 2000 NYPD arrest record and a 2022 Ukraine-related trail as supporting clues, but admits there is no smoking gun and notes that Banksy’s lawyers dispute key details, leaving the question of his true identity unresolved and suggesting the global persona may mask an ordinary Bristol man.

via The Guardian|
#banksy#culture#david-jones
Meta braces for widespread layoffs, eyeing up to a 20% cut
business3 months ago

Meta braces for widespread layoffs, eyeing up to a 20% cut

Meta is reportedly planning to cut up to 20% of its staff in upcoming layoffs, per Reuters, with no final date or headcount disclosed. End-2025 figures placed Meta’s headcount at about 78,865 and quarterly revenue near $60 billion (over $200 billion for the year). Meta called Reuters’ report speculative, noting previous reductions (roughly 1,000 in Reality Labs and about 5% earlier) and ongoing AI investments in startups like Moltbook and Manus.

via Engadget|
#ai#big-tech#business
Reuters Names Banksy: Robin Gunningham, Not Del Naja
arts-and-culture3 months ago

Reuters Names Banksy: Robin Gunningham, Not Del Naja

Reuters reports it has traced Banksy’s identity to Robin Gunningham, who allegedly changed his name to David Jones, arguing he is the elusive graffiti artist behind the U.K.’s most famed politically charged murals. The investigation cites a Ukraine trip, photos with locals, a 2000 New York arrest with a handwritten confession, and other leads, while Banksy’s lawyers dispute the claims as privacy-invasive. The piece underscores the ongoing debate over Banksy’s anonymity and cultural impact.

via The Hollywood Reporter|
#arts-and-culture#banksy#david-jones
Nvidia chief reaffirms OpenAI backing amid deal chatter
tech5 months ago

Nvidia chief reaffirms OpenAI backing amid deal chatter

Nvidia CEO Jensen Huang denied rumors that he’s unhappy with OpenAI and reiterated Nvidia’s plan to invest heavily in OpenAI, potentially the largest investment the company has ever made; despite Reuters reports that the deal might falter, Huang called the unhappiness claim nonsense and said OpenAI CEO Sam Altman is closing the round with Nvidia involved, following Nvidia’s pledge to invest up to $100 billion.

via The Verge|
#investment#jensen-huang#nvidia