Harvey Raises $550 Million at $15.5 Billion Valuation; Lawyers Bill 0.2 Hours to Read Press Release
The legal AI startup says its new Tenet model can draft a contract in seconds, which associates say they can now review for six hours.
Section
Money
Crypto Founder Explains New Token Is "Basically Just Money," Sends Regulator Into Existential Spiral
The SEC attorney reportedly asked "then why does it exist?" and did not return from lunch.
Nvidia Invests in Data Center That Will Buy Nvidia Chips; Economists Call It "The Circle of Life"
The arrangement, in which the company funds its customer so the customer can be a customer, is described in filings as "strategic."
House Votes 417-3 to Make Data Centers Pay Their Own Power Bills; Three Dissenters Reportedly Cooling Something
The Ratepayer Protection Act sailed through in a rare show of bipartisanship, opposed only by lawmakers who "have questions about the definition of 'pay.'"
DOJ Opens Antitrust Probe Into Nvidia's $20 Billion Groq Deal; Groq Asks to Be Investigated Further, Enjoying the Attention
The chip startup said it "had never been looked at so closely by anyone" and requested a second probe for the weekends.
Crusoe Raises $3.9 Billion for Data Centers Delivered by Truck; First Truck Immediately Stuck Behind Cybercab
The company's modular "Spark" facilities can be deployed anywhere with spare electrical capacity, which the truck was still looking for at press time.
VC Firm Announces It Will Now Only Invest in Companies It Has Already Invested In
"Follow-on only" strategy will let the firm double down on its winners, as well as its losers, as well as everything.
Google-Nvidia Alliance Says Data Centers Will Become "Flexible Grid Resources" That Power Down When Asked, Which They Won't
The 100-megawatt pilot will demonstrate the industry's willingness to throttle during peak demand, in principle, pending a review of what peak means.