Blackstone wants $1.75bn for the first AI-era data-centre REIT
Blackstone Digital Infrastructure Trust will list on the NYSE under BXDC, targeting newly built data centres leased to hyperscalers. It is the most direct way
Category: Tech
UCB pays up to $2.2bn for Candid Therapeutics, doubling down on T-cell engagers in autoimmune disease
The Belgian pharma is buying a two-year-old San Diego biotech for $2bn upfront, the second TCE bet it has placed in months. The thesis: B-cell
The West keeps asking how much China subsidises its industries. That is the wrong question.
The Western debate about China’s industrial rise keeps circling the same question: how much of it is subsidised? The European Commission’s anti-subsidy investigations into Chinese
There’s a lot of hype about Chinese EVs—is any of it true?
The Beijing Auto Show is currently taking place in China, offering those of us behind the Trump tariff curtain a peek at what’s increasingly being
Relying on LLMs is nearly impossible when AI vendors keep changing things
Over the years, enterprise IT execs have gotten frighteningly comfortable having little control or visibility over mission-critical apps, from SaaS to cloud and even cybersecurity.
Anthropic and Wall Street are building a $1.5bn pipeline into private equity
A joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and General Atlantic will sell Claude into the buyout firms’ portfolio companies. OpenAI’s DeployCo arrived
Meta would rather leave New Mexico than rebuild its apps for kids
A bench trial in Santa Fe could force algorithm changes, age verification, and a $3.7bn mental health fund. Meta has threatened to pull Facebook and
Every AI company now wants to ride shotgun. The car dashboard is becoming the last screen that matters.
The Grok iOS app now contains a placeholder that reads “Grok Voice mode coming soon to CarPlay.” It is a single line of interface text
Planet Labs is not selling satellite images. It is selling a subscription to watch the entire planet change in real time.
At 2:59 a.m. Eastern Time on 3 May, a SpaceX Falcon 9 rocket launched from Vandenberg Space Force Base carrying 45 satellites, three of which
Women sue the men who used their Instagram feeds to create AI porn influencers
A little over a year ago, MG was leading the relatively normal life of a twentysomething in Scottsdale, Arizona. She worked as a personal assistant
Rocket Report: Falcon Heavy is back; Russia’s Soyuz-5 finally debuts
Welcome to Edition 8.39 of the Rocket Report! There’s a lot of news to share in the universe of powerful rockets this week, and we’re
The next satisfactory standard for data governance may not come from Brussels. It may come from Beijing.
The European Union treats data as a privacy right. The United States treats it as a corporate asset. China treats it as a factor of
The US has banned the world’s best drones. It has not figured out how to make them.
Skydio, the largest American drone manufacturer, announced in late April that it would invest $3.5 billion over five years to expand US drone production, open
Linux is Getting a New Default Folder in Your Home Directory
If you are using a rolling release distro like Arch, you might have noticed that your home directory now has a new member, a new