In Brief

Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing

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Ahead of US IPO, British AI neocloud Nscale secures .36B in convertible financing

Nscale, a British neocloud, has secured $3.36 billion in financing ahead of its IPO later this year, the company announced on Friday. Structured as a convertible note, the massive funding round underscores the staggering capital required to build out AI data centers. Led by hedge fund Third Point, the new investment includes $2.36 billion available … Read more

The hottest new hangout for middle schoolers is NPR’s comment section?

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The hottest new hangout for middle schoolers is NPR’s comment section?

Parents have spent years trying to keep their kids off social media, so some kids headed to the one place no adult would think to look for them: NPR. On this week’s “This American Life,” host Ira Glass tells the story of the team behind NPR’s podcast “Wild Card,” who noticed a flood of baffling … Read more