Bloomberg::
Nuclear, geothermal companies and American energy storage have found a rescue buoy in the Boom of the AI data center after years of challenges such as high interest rates– Nuclear and long unoveited geothermal energy are experiencing a boom of interest because developers of data centers are looking for capable carbon -free resources …
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- Nearly 40% of Alphabet’s ~$85 billion planned AI stock offerings will be used to cover tax liabilities related to employee stock grants, amid the war for AI talent (Cory Weinberg/The Information)
- Sellers are listing homes at the fastest rate since 2020
- Forage, a payment processor that helps retailers and food delivery companies accept EBT cards, raised a $40 million Series B led by Mouro Capital at a valuation of $225 million (Yuliya Chernova/Wall Street Journal)
- Lessons from the Strait of Hormuz, Malacca and the Baltic Sea – The Diplomat
- Morgan Stanley to open its wealth management funnel to agents
- Analysis: 10 Trump officials, including special envoy Steve Witkoff, reported holding stakes in SpaceX or xAI worth more than $9.9 million collectively, before SpaceX’s IPO (Bloomberg)
- GitLab lays off 350 employees, or 14% of its workforce, as it evolves into an AI-driven enterprise software development platform and exits 22 countries (Dean Seal/Wall Street Journal)
- London-based Gigaton, which develops AI to automate industrial control systems for cement, steel, glass and chemical plants, has raised a $26 million Series A round (Mike Butcher/Pathfounders)

