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Fusion’s best-funded bet raised another $1bn, and hired the banker who took Moderna public

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The AI boom needs colossal amounts of electricity. That has turned fusion, forever mocked as “30 years away,” into one of the hottest bets in tech. The best-funded player just raised another $1 billion. Commonwealth Fusion Systems, based in Massachusetts, said the round takes its total to $4 billion, roughly 30% of all the money […] This story continues at The Next Web * This article was originally published here
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Nvidia announced $750bn of AI deals. Its own credit market flinched.

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Nvidia is working on a fresh round of AI infrastructure deals potentially worth more than $750 billion, Bloomberg reported, accelerating a pattern of investment that critics say inflates demand and valuations across the sector. The response from the debt market was unusually direct. Nvidia’s five-year credit default swap spread surged to a record 82 basis […] This story continues at The Next Web * This article was originally published here
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Enigma raised $70M to let anyone online control its robots and figure out how humans actually want to talk to machines

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Enigma, a robotics research lab less than a year old, is emerging from stealth with a $70 million seed round led by Index Ventures and Ribbit Capital, with participation from Sarah Guo’s Conviction Partners. The startup is not building a foundation model to make robots more capable. It is studying how humans actually want to […] This story continues at The Next Web * This article was originally published here
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Apple targets WWDC 2027 for smart glasses but is still deciding on the camera question

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Apple is currently aiming to unveil its first smart glasses at next June’s Worldwide Developers Conference, with a consumer release by the end of 2027, according to Bloomberg’s Mark Gurman. But the company’s engineering and marketing teams are still wrestling with a question that will define the product: whether its glasses should include a camera […] This story continues at The Next Web * This article was originally published here
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Nvidia is pouring $1 billion into South Korea’s AI infrastructure through Naver and SK Group

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Nvidia will invest $1 billion in South Korean internet company Naver to help finance an AI data center under construction in South Korea, the chipmaker announced late Friday. The funding will allow Naver to more than triple the size of the facility from 55 megawatts to 200 megawatts, with US private equity firm Brookfield agreeing […] This story continues at The Next Web * This article was originally published here
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Trump’s data centre power pledge draws scepticism from energy experts

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On July 23, President Donald Trump stood in the White House and promised that electricity bills for American families would “actually come down,” even as power-hungry AI data centres spread across the grid. T he vehicle was an expanded version of the Ratepayer Protection Pledge, a voluntary scheme first unveiled in March. What energy analysts […] This story continues at The Next Web * This article was originally published here
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Google’s Gemini delay exposes a deeper problem: employee morale

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Google is losing a race it once led, and the problem may be its own people. Six current and former DeepMind employees told Axios that low morale is slowing the lab’s model releases, Axios reported. The immediate symptom is Gemini 3.5 Pro. Google’s most powerful model is months behind, according to Bloomberg. Google did ship […] This story continues at The Next Web * This article was originally published here
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