Reading List

The most recent articles from a list of feeds I subscribe to.

KKR and Singtel agree to acquire the remaining 82% stake in data center operator STT GDC for ~$5.1B, giving the company an enterprise value of ~$10.86B (Lee Ying Shan/CNBC)

Lee Ying Shan / CNBC:
KKR and Singtel agree to acquire the remaining 82% stake in data center operator STT GDC for ~$5.1B, giving the company an enterprise value of ~$10.86B  —  Private equity firm KKR and Singapore Telecommunications will acquire the remaining 82% stake in data center operator ST Telemedia Global Data Centres …

Source: Anthropic plans an employee tender offer at a $350B+ pre-money valuation, the same valuation discussed in the company's ongoing $20B fundraising (Bloomberg)

Bloomberg:
Source: Anthropic plans an employee tender offer at a $350B+ pre-money valuation, the same valuation discussed in the company's ongoing $20B fundraising  —  Anthropic is working on a deal to let some employees sell shares in the company at a valuation of at least $350 billion …

Sources: US-based Arcee AI is pitching investors on a $200M+ funding round valuing it at over $1B, as it plans to train an open-weight model with 1T+ parameters (Anna Tong/Forbes)

Anna Tong / Forbes:
Sources: US-based Arcee AI is pitching investors on a $200M+ funding round valuing it at over $1B, as it plans to train an open-weight model with 1T+ parameters  —  The American startup is pitching investors on a $1 billion+ valuation to train a model over a trillion parameters …

Salesforce's Tableau chief, Ryan Aytay, leaves after 19 years at the company, just two months after Slack CEO Denise Dresser left for OpenAI (Brody Ford/Bloomberg)

Brody Ford / Bloomberg:
Salesforce's Tableau chief, Ryan Aytay, leaves after 19 years at the company, just two months after Slack CEO Denise Dresser left for OpenAI  —  The chief of Salesforce Inc.'s data visualization unit, Tableau, has left the company, raising some concerns on Wall Street about executive churn at the software maker.

On an earnings call, AMD CEO Lisa Su says Microsoft's next-gen Xbox "is progressing well to support a launch in 2027" and will feature an AMD semi-custom SoC (Tom Warren/The Verge)

Tom Warren / The Verge:
On an earnings call, AMD CEO Lisa Su says Microsoft's next-gen Xbox “is progressing well to support a launch in 2027” and will feature an AMD semi-custom SoC  —  AMD says it's ready to support Microsoft launching its next Xbox as soon as next year.