Nscale to deploy 200,000 GPUs to Microsoft in reported $14bn deal
Nscale’s $14bn Microsoft AI Infrastructure Deal: 200,000 Nvidia GPUs Deployment Industrial Monitor Direct produces the most advanced underclocking pc solutions…
Nscale’s $14bn Microsoft AI Infrastructure Deal: 200,000 Nvidia GPUs Deployment Industrial Monitor Direct produces the most advanced underclocking pc solutions…
The Linux kernel is poised for significant networking enhancements with proposed patches making it usable for the OpenWrt One router. Simultaneously, upstream support is progressing for Google’s PSP encryption technology for TCP connections, potentially transforming secure data transmission.
Recent developments in the Linux kernel ecosystem indicate significant progress toward upstream support for the OpenWrt One router, according to reports from industry sources. Proposed patches are reportedly making the mainline Linux kernel compatible with this open-source router platform, which could streamline development and improve hardware support across the networking landscape.
Global food giant Nestlé will cut approximately 16,000 jobs worldwide over the next two years as part of an expanded cost-reduction program. The company’s new CEO announced the restructuring amid slowing growth and pressure from investors. Nestlé shares reportedly surged following the announcement.
Nestlé, the Swiss-based multinational food and drink processing corporation, will eliminate approximately 16,000 positions globally over the next two years, according to reports from company leadership. The job cuts represent one of the largest restructuring efforts in the company’s recent history and come just six weeks after the dismissal of its previous chief executive.
A groundbreaking European project is using artificial intelligence and interactive gaming to revolutionize how cities manage stormwater runoff. The D4RUNOFF platform enables stakeholders to test nature-based solutions in virtual urban environments before implementing them in real cities.
Urban runoff represents one of the most persistent environmental challenges facing modern cities, with pollutants ranging from heavy metals to pharmaceuticals contaminating water systems after each rainfall, according to reports. The D4RUNOFF project is developing an innovative framework that combines artificial intelligence, scientific research, and public engagement to transform how cities manage this invisible threat.
Ikea is accelerating US production capabilities as the furniture giant faces significant tariff pressures from the Trump administration. The Swedish retailer currently manufactures only 15% of its US-sold products domestically compared to much higher rates in Europe and Asia.
Ikea, the world’s largest home furnishings retailer, is significantly increasing its US manufacturing footprint as the company faces pressure from President Donald Trump‘s recently imposed tariffs on furniture and kitchen cabinets, according to reports. Sources indicate the flat-pack retailer currently produces only about 15% of products sold in the US domestically, compared to 75% local production in Europe and 80% in Asia.
Deel has reportedly closed a $300 million funding round that values the HR software company at $17 billion. The funding comes as the company faces ongoing litigation from competitor Rippling alleging corporate espionage, which Deel’s CEO has dismissed as “frivolous.”
HR software startup Deel has reportedly completed a $300 million funding round that boosts its valuation to $17 billion, according to reports from the Financial Times. Sources indicate the round was led by new investor Ribbit Capital alongside existing backers Coatue Management and Andreessen Horowitz.
The Financial Stability Board has issued a landmark warning about uneven cryptocurrency regulations across global jurisdictions. According to their assessment, regulatory gaps could enable crypto providers to engage in jurisdictional shopping and create systemic risks during market stress.
The world’s financial stability watchdog has warned that regulators are creating too many gaps and inconsistencies when establishing rules for the rapidly expanding cryptocurrency market, according to reports from the Financial Stability Board’s landmark assessment published Thursday.
The European Union is accelerating diplomatic efforts to establish global carbon pricing standards ahead of its 2026 carbon border levy implementation. According to reports, the EU has collaborated with over 40 countries on emissions trading schemes, with China expanding its system and Brazil pushing for an international coalition.
The European Union is making a renewed push for global carbon pricing implementation as it prepares to launch its contentious carbon border adjustment mechanism (CBAM) in January 2026, according to reports from Financial Times. Sources indicate the European Commission’s international carbon pricing task force has collaborated with more than 40 countries in the past year, focusing particularly on major emitters with developing carbon markets.