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September 27, 2025, 8:15 PM
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| Lee Jung-joo / The Korea Herald: |
A fire at South Korea's National Information Resources Service's data center shut down 647 government IT systems, disrupting services such as postal banking — Covering social issues on Seoul, civil security, climate — A fire at the National Information Resources Service's data center …
More: Agence France-Presse, CHOSUNBIZ, The Independent, Reuters, CNN, DatacenterDynamics, New York Times, and Reuters
X: @koryodynasty, @gordongchang, @gordongchang, @koryodynasty, @koryodynasty, @koryodynasty, @koryodynasty, and @koryodynasty. Bluesky: @newsguy. Facebook: eNCAnews
| Arasu Kannagi Basil / Reuters: |
Fermi, a data center real estate investment trust co-founded by former Energy Secretary Rick Perry, aims to raise $550M in a US IPO at a $13.16B valuation — Fermi, co-founded by former U.S. Energy Secretary Rick Perry, is targeting a valuation of up to $13.16 billion in its U.S. initial public offering …
More: Fermi America, Investing.com, Associated Press, The Economic Times, The Information, Fast Company, DatacenterDynamics, Newsweek, Financial Post, and NewsMax.com
X: @qcapital2020, @accessipos, @lamonicabuzz, @fermiamerica, @jjay_dm, @marketsbriefing, @ipotweet, @listingtrack, @newsweek, @ips_dc, and @chairmanmeow42. Bluesky: @ketanjoshi.co. Threads: @bloombergbusiness
| Eric Newcomer / Newcomer: |
Leaked a16z decks: $25B in net returns since its 2009 founding, including $11.2B in 2021, and 56 unicorn investments in the past 10 years, the most of any firm — The firm has held its $900 million 2012 Fund III at 9.4x net TVPI. — ∙ Paid — Andreessen Horowitz is perhaps …
X: @gkamstra, @jbsdc, @ericnewcomer, @sethbannon, @ericnewcomer, @gkamstra, @iamhenrymascot, @____nanakong, @luke_metro, @doodcapital, @amendandpretend, @brandon_m_kumar, @gthartley, @orenbarzilai, @equityindallas, @wholemarsblog, @ericnewcomer, @daveg, @brentfranson, @oladayo_adenubi, @iamjakestream, @ctjlewis, @dennythedev, and @danielmerja
| Trishla Ostwal / Adweek: |
Friend, which launched a $129 AI-powered, always-listening necklace, plasters NYC subway with ads in $1M+ campaign that includes over 1,000 platform posters — The OOH ads blanketing all five boroughs deliberately court controversy — The founder of Friend is betting on making enemies.| Foster Wong / Bloomberg: |
China's central bank opens a digital yuan hub in Shanghai; a Chinese state media report says the hub will oversee cross-border payments and blockchain tech — China's central bank has opened a digital yuan operations center in Shanghai featuring platforms for cross-border payments … | Shirin Ghaffary / Bloomberg: |
OpenAI executives working on Stargate say that it costs about $50B to build a data center with roughly 1 GW of capacity, with $35B going toward AI chips — Sam Altman and his partners intend to get creative to cover the growing cost of data centers and chips for AI. But first... Three things to know:| Brian Merchant / Blood in the Machine: |
A look at some California tech regulation bills, including one banning AI use in firing or disciplining workers, that await Gov. Newsom's signature or his veto — A guide to the AI and tech bills that have passed the California legislature, and await the governor's signature — or veto.
More: The Tech Policy Press Podcast, Electronic Frontier Foundation, Truth on the Market, The Verge, and Politico
X: @rbensperry, @laweconcenter, @rweingarten, @taylordbarkley, @garrytan, @viacristiano, @ctatech, @jonhaidt, @eff, @joffemd, @dwaynephillips, and @lorenasgonzalez. LinkedIn: Cristiano Lima-Strong
| Maxwell Zeff / TechCrunch: |
More: Axios. X: @boazbaraktcs, @jachiam0, @zamaan_qureshi, @ahmet_s_ozcan, @sgandhi0, @garrisonlovely, @scott_wiener, @janleike, @zeffmax, @goaing117777, @jeremyhl, @zeffmax, and @geoffreynichil. LinkedIn: Nilesh Christopher
| Jyoti Mann / Business Insider: |
Leaked Meta internal document shows updated training protocols for its AI chatbot to refuse any prompts involving sexual roleplay with minors — - A leaked Meta document shows how its AI chatbot should respond to child sexual exploitation prompts. — It now says the chatbot should refuse …
More: Benzinga, Bloomberg, and Financial Express
Bluesky: @businessinsider.com and @hypervisible.blacksky.app
| Lulu Yilun Chen / Bloomberg: |
A profile of Ant International, Ant Group's cross-border payments unit using AI and blockchain for treasury management, which handled $1.1T in cash flow in 2024 — Ant International is using its vast data trove and AI engineering expertise to muscle into the overlooked yet lucrative world of global cash management.| Bloomberg: |
Google agrees to guarantee $1.4B of a $3B contract between AI computing startup Fluidstack and Cipher Mining, and gets the right to buy a 5.4% stake in Cipher — Alphabet Inc.'s Google has agreed to anchor a $3 billion data center contract with Cipher Mining Inc. in the latest tie up between …
More: Bloomberg, The Block, The Block, Cointelegraph, Cipher Mining Inc., Yahoo Finance, Globe and Mail, Seeking Alpha, Globe and Mail, Investor's Business Daily, Stocktwits, Analytics Insight, Yahoo Finance, Blockworks, The Block, CoinDesk, Fortune, CoinDesk, Decrypt, DatacenterDynamics, Disrupt Africa, Bitcoinist.com, CoinMarketCap Academy, Benzinga, Bitcoin Insider, Cryptonews, and The Crypto Times
X: @cipherinc, @joe_swanson057, @javierhermosa21, @coinbureau, @wublockchain, and @cnbc. LinkedIn: Oma Wilkie
| Wall Street Journal: |
A look at the setbacks facing the US DOD's Replicator program that seeks to quickly produce low-cost drones and other autonomous weapons to counter China — The work is being shifted to a new organization, called DAWG, to accelerate plans to buy thousands of drones
More: Reuters, RealClearDefense, Ukrainian National News, Mashable, DroneDJ, DroneXL.co, and WebProNews
Forums: r/technology, r/LessCredibleDefence, and r/politics
| Jordyn Holman / New York Times: |
Q&A with Oura CEO Tom Hale on why many CEOs love its rings, competition from Apple, and more; Oura sold 2.5M rings in 2024 and expects $1B revenue in 2025 — Oura Health makes a pricey smart ring that busy executives, celebrities and others use to track health measures like their sleep patterns.
More: Men's Health
| New York Times: |
International Federation of Robotics: Chinese factories installed ~300K new robots in 2024, more than the rest of the world combined; US factories installed 34K — China has embarked on a campaign to use more robots in its factories, transforming its manufacturing industries and becoming the dominant maker.
More: Gizmodo, International Federation of Robotics, IFR International Federation …, Newser, The Robot Report, and Andreessen Horowitz
LinkedIn: Tim Martin, Fredrik Rydén, and Eric Rosenblum
Forums: r/Futurology, r/ADVChina, and r/technology
| Ben Thompson / Stratechery: |
Why YouTube is key to Google's success in AI, with YouTube's AI enhancements making video content more monetizable than text-based content in Search — Action is happening up-and-down the LLM stack: Nvidia is making deals with Intel, OpenAI is making deals with Oracle, and Nvidia and OpenAI are making deals with each other.
X: @pablomaronas, @howardlindzon, @edconwaysky, and @buccocapital
LinkedIn: Carrie Beth Wood, Hunter Walk, and Greg Bryan. Bluesky: @carnage4life. Mastodon: @carnage4life@mas.to
| Brody Ford / Bloomberg: |
Oracle, whose expenses are rising as it begins to fulfill massive cloud infrastructure deals, turned cash flow negative this year for the first time since 1992 — Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg's journalists around the world.
X: @rohanpaul_ai, @theinformation, @brodyford_, @edludlow, @danielnewmanuv, and @edludlow
Bluesky: @prietschka and @citizenjenn
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