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Lambda wins a cloud deal with Hudson River Trading to supply access to NVIDIA chips
The IPO-bound GPU-cloud start-up adds one of the largest US quantitative trading firms to a customer list that already includes Microsoft and NVIDIA itself. Lambda has signed a cloud-infrastructure deal with Hudson River Trading, one of the largest US quantitative trading firms, to supply HRT with access to NVIDIA chips, Reuters reported on Wednesday. The […]<br /> This story continues at [...]
Earlybird closes €360M Fund VIII, its largest ever, with a new perpetual ownership model and a deeptech-first thesis
The Berlin firm, founded in 1997, has raised a new fund every three to four years through every market cycle. Fund VIII is oversubscribed, manages €2.5 billion across strategies, and bets heavily on AI infrastructure, foundation models, and deeptech. Earlybird Venture Capital has closed its eighth early-stage fund at €360 million, the largest in the […]<br /> This story continues at Th [...]
The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else
Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theaters were forced to close and audiences became even more comfortable with streaming films at home. The WGA and SAG-AFTRA strikes in 2023, which were driven by legitimate concerns around studio interest [...]
Microsoft hands Copilot haters and 'Microslop' pushers yet more ammunition with 'how to' videos that showcase an embarrassing use of AI
AI hallucinations can often be a problem, and they certainly are with the images Copilot has created on the Windows Learning Center. [...]