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28.06.26 - 17:54
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China Resets the AI Race (WSJ EN)
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Plus, another primary win for Trump-backed candidates, and the World Cup reignites a long-running debate: Who lives better, Americans or Europeans?...
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28.06.26 - 16:32
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AI Startup Firmus to Build Indonesia Data Center With Nvidia (Bloomberg)
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Firmus Technologies Pty Ltd. will build its first data center project in Indonesia as part of a partnership with US chip giant Nvidia Corp., which the Australian artificial intelligence infrastructure firm said is expected to win it as much as $30 billion in committed offtake agreements in its first six years....
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28.06.26 - 15:12
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IPO Market For AI Freezes Up While The Nuclear SPAC Market Runs Hot (ZeroHedge)
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IPO Market For AI Freezes Up While The Nuclear SPAC Market Runs Hot
While it looks like OpenAI's IPO has been put on ice as they try to paint SpaceX as the scapegoat, there's still one sector that simply can't launch the IPOs and SPACs fast enough.
After an announcement earlier this year that saw nuclear industrial company Holtec file privately for an IPO, one of the leading reactor developers X-energy debuted on the public market at an almost $10 billion valuation.
Since then, microreactor developer Hadron Energy has completed their SPAC merger and has subsequently been digging itself deeper into a hole every passing day…
There's now another reactor developer, NuCube, finding its way to the public market through a SPAC merger. This follows a similar announcement from European reactor developer newcleo that we detailed last month.
The company is joining a rapidly growing pool of startups looking to capitalize on the national energy security theme, with the added bonus of the AI revol...
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