AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of the billionaires’ assets, including Walter’s stakes … Read more
OpenAI CEO Sam Altman recently said that the company is doing “well more” than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive spending commitments. His comments came up during a joint interview on the Bg2 podcast between Altman and Microsoft CEO … Read more
Microsoft may have made the unfortunate decision to raise the price of a Xbox Game Pass Ultimate subscription to $30 a month, but you don’t have to live by the company’s rules — at least not yet. Most online retailers are still selling codes for prepaid Game Pass subscriptions at the original $20 a month … Read more
President Donald Trump declared Friday that Microsoft needs to fire Lisa Monaco, the company’s president of global affairs. Citing her roles as “a senior National Security aide under Barack Hussein Obama, and a Lawfare and Weaponization obsessed Deputy Attorney General under Crooked Joe Biden and Lisa’s Puppet ‘Boss’ Attorney General Merrick Garland,” Trump posted on … Read more
Microsoft said Saturday that clients of its Azure cloud platform might experience increased latency after multiple undersea cables were cut in the Red Sea, as reported in Bloomberg. In a status update, the company said traffic going through the Middle East or ending in Asia or Europe had been affected. It did not say who … Read more