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Nvidia Buys $2B CoreWeave Stake Amid Circular Financing Concerns
Nvidia invests $2B in CoreWeave at $87.20/share, acquiring 10% stake while critics warn circular financing creates AI ecosystem risks with $18.8B debt burden
OpenAI Forms Science Team Under Kevin Weil to Speed Research With GPT-5
OpenAI's Science team led by Kevin Weil reports 1.3M weekly researcher users and 47% growth in science messages. GPT-5.2 achieves 92% PhD-level accuracy but won't replace scientists.
China Launches World’s Largest 600 MW Compressed-Air Energy Storage Plant
China activates world's largest compressed-air storage plant in Jiangsu with 600 MW capacity powering 600,000 homes annually using underground salt caverns.
Bessent Rules Out Dollar-Yen Intervention as Currency Drops 1.6%
Treasury Secretary Scott Bessent rules out dollar-yen intervention, sending Japanese currency down 1.6% to 153.55 per dollar amid election pressures.
AWS Exec’s Email Error Exposes Amazon’s 16,000-Job Layoff Plan Early
Amazon accidentally revealed 16,000 layoffs via premature email from AWS exec Colleen Aubrey, confirming Project Dawn cuts across US, Canada, and Costa Rica offices.
MIT Engineers Achieve 99% Accuracy With Heat-Powered Silicon Chips
MIT engineers developed porous silicon chips achieving 99% accuracy in heat-powered computing, using waste heat for matrix multiplication fundamental to machine learning.