Author: arthursheikin@gmail.com

[ad_1] OpenAI said Thursday that it plans to launch Stargate Norway, its first AI data center in Europe, in partnership with British AI cloud infrastructure provider Nscale and Norwegian energy infrastructure firm Aker. Nscale will design and build the site, and it will be a 50/50 joint venture between the two companies. OpenAI will be an “off-taker” in the project, buying capacity from the data center.  The announcement comes as Europe races to achieve AI sovereignty and invest in data centers and compute power. Earlier this week, the bloc unveiled details of its multibillion-dollar investment into AI infrastructure, including €10…

[ad_1] ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-video model Sora. OpenAI also faced its share of internal drama, including the notable exits of high-level execs like co-founder and longtime…

[ad_1] Technology bellwether Amazon is set to release second quarter results after the market close on Thursday, and analysts are bullish heading into the print, believing the worst of tariff fears have subsided. Analysts, on average, expect the dominant e-commerce platform will earn $1.33 per share on roughly $162.1 billion in revenue, according to LSEG. That would correspond to year-over-year earnings and revenue growth of 5.5% and 9.5%, respectively. Amazon is coming off of better-than-expected earnings and revenue in its first quarter. But in its last report, on May 1, the company gave light guidance for the second quarter, citing…

[ad_1] This as-told-to essay is based on a conversation with 59-year-old Marc Kriguer, a software engineer who has been laid off multiple times. His employment history has been verified by Business Insider. This essay has been edited for length and clarity.I fell in love with computers and writing programs when I was in fifth grade. I debugged somebody else’s code a month before turning 10.People didn’t have personal computers in the late 1970s, and people didn’t talk about becoming a software engineer, but I knew then that I wanted to do something with computers.I’ve been a software engineer for 28…

[ad_1] Backup generator manufacturer Generac has a huge opportunity with data centers, according to Bank of America. “Generac’s entry into the data center market marks a multi-year growth inflection, with management calling it the most needle-moving opportunity in decades,” analyst Dimple Gosai told clients in a note Wednesday. Bank of America raised its stock price target for Generac to $221, indicating 21% upside from Wednesday’s close of $181. Generac shares were about 6% higher after the call, putting the stock on pace for a 24% year-to-date gain. The tech sector faces a backup generator deficit in 2026 totaling 5,000 units…

[ad_1] Autonomous vehicles have long been touted as “just around the corner,” but the reality of what it takes to bring self-driving cars to the streets is anything but simple. At TechCrunch Disrupt 2025, happening October 27–29 at Moscone West in San Francisco, Waymo co-CEO Tekedra Mawakana joins the Disrupt Stage for a wide-ranging conversation on the current state of AVs — and where the industry goes from here. Inside the self-driving reality check While the headlines often focus on crashes, controversies, or overblown promises, Tekedra has spent years navigating the real-world path to autonomous mobility. At Disrupt, she’ll dig…

[ad_1] Google is testing a machine-learning-powered tech in the U.S. to determine the age of users and filter content across all its products accordingly. The company said it will consider data from Google accounts, including types of details users have searched for or categories of videos they have watched on YouTube, to determine the age. If the company’s tool decides that a user is under 18, they would get an email with details about how Google products might change for them. For these users, Google will disable the timeline in Maps, stop personalized ads, restrict age-restricted ad categories, and bar…

[ad_1] This as-told-to essay is based on a conversation with Kunal Nayyar, cofounder of IQ121. It has been edited for length and clarity.I’ve always been very, very close to my parents. They’re my best friends. I was born in London but moved to New Delhi as a toddler. There, my dad was an accountant, and my mom was an interior decorator. They always valued the opinions my brother and I had, and never made us feel stupid or silly.I’m so lucky to have been born to these parents. I feel we have a soul connection that keeps us close even…

[ad_1] Baird thinks UnitedHealth shares could come under even more pressure in the months ahead. The firm downgraded the name to underperform from neutral and slashed its price target by $114 to $198. That implies more than 25% downside potential from Wednesday’s closing level. “Our [risk assessment framework] analysis cast doubt on Optum Health, which was confirmed by 2Q25 earnings with [value-based care] long-term margins lowered to 5% and a total v28 implied headwind close to 20% over three years,” analyst Michael Ha wrote in a Wednesday note. “With minimal successful offsets/mitigation through Y2 and re-coding back to pre-v28 levels…

[ad_1] Here are Thursday’s biggest calls on Wall Street: Goldman Sachs initiates Galaxy Digital as neutral Goldman Sachs initiated the crypto company and says its valuation appears “elevated.” ” GLXY is a business in transition, moving from its roots as a pure play digital assets / crypto investment and merchant bank to providing AI data center infrastructure as well.” KeyBanc downgrades Palo Alto Networks to sector weight from overweight KeyBanc said it sees too many “strategy concerns” following the company’s acquisition of CyberArk. “We are downgrading shares of PANW to Sector Weight given four key strategic concerns following the announced…