All posts tagged: heats

The AI IPO Race Heats Up, DOGE Whistleblower Sues Elon Musk, and Instagram Gets Hacked

The AI IPO Race Heats Up, DOGE Whistleblower Sues Elon Musk, and Instagram Gets Hacked

Published by skeptic

Zoë Schiffer: Deviance and freaks, the new name of our podcast. And this is, I mean, just going back to red teaming, that’s work that a trust and safety team typically does. And those teams— Leah Feiger: We don’t have those anymore. Zoë Schiffer: They’re not as big as they used to be. There’s just not as much work. So yeah, I mean, it will be interesting to see how this plays out. Obviously within Meta, we’ve been talking to folks this week who kind of met the news with SI. The company has just laid off a large portion of the workforce. We’ve written about that. We’ve talked about that. And I checked in with people being like, “Well, how’s it going now?” The hack was kind of an excuse to talk to people, see how they’re doing. And they’re like, “I mean, as you’d expect, we’re asked to do two jobs now instead of on.” So you can imagine how that’s playing out. Brian Barrett: I also, we were talking about AI regulation …

Politics Home Article | Race For Next Labour Leader Heats Up As Starmer’s Authority In Peril

Politics Home Article | Race For Next Labour Leader Heats Up As Starmer’s Authority In Peril

Published by Sam Flores

(Alamy) 5 min read1 hr Andy Burnham remains the favourite to succeed Keir Starmer as prime minister, after the Labour leader faces his biggest crisis to date. At last week’s local elections, Labour lost more than 1,000 councillors to Reform UK, the Greens, and the Tories in its northern heartlands, London and even Wales, where it has held power since the Senedd’s inception.  Starmer attempted to reset his premiership with a speech on Monday but it fell flat, leading to more than 90 MPs calling for him to resign, four junior ministers qutting government, and Wes Streeting leaving his job as health secretary. Meanwhile, former minister Josh Simons announced on Thursday that he would be giving up his Makerfield constituency – after being elected for the first time just two years ago – to allow Burnham a shot at re-entering Parliament via a by-election. The core group of Labour’s national executive committee (NEC) officers will then meet to discuss the waiver – a meeting sources expect to take place this weekend. It is widely expected …

India’s Snabbit closes M round as investor interest in on-demand home services heats up

India’s Snabbit closes $56M round as investor interest in on-demand home services heats up

Published by skeptic

Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. That’s up from $180 million about six months ago. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside FJ Labs. The company has raised about $112 million in total. Founded in 2024, Snabbit said it is now processing over 40,000 jobs daily across a network of more than 15,000 workers in five cities, offering services such as cleaning, dishwashing, and laundry as demand for rapid, on-demand home services grows in urban India. The startup said the amount it loses on each order has fallen about 50%, while its customer acquisition costs have shrunk roughly 65%. Snabbit’s fundraise comes as investor interest in India’s on-demand home services sector heats up, with rival Pronto also in talks to raise fresh capital …

Robinhood’s venture fund bets on OpenAI as retail rush for AI heats up

Robinhood’s venture fund bets on OpenAI as retail rush for AI heats up

Published by Sam Flores

April 22 : Robinhood’s venture fund said on Wednesday it has invested $75 million in OpenAI, allowing retail investors exposure to one of the world’s hottest privately held AI companies. Robinhood Ventures Fund I, which went public in March, aims to open up retail investors’ access to private-company investments long dominated by Silicon Valley’s largest venture capital firms. OpenAI, last valued at $852 billion, has emerged as a poster child of Wall Street’s AI frenzy and remains one of the industry’s most closely watched companies, propelled by the viral popularity of its chatbot ChatGPT. The buzz surrounding the AI major has also fueled a wave of investments and intensified competition across Big Tech and startups, as companies race to build and commercialize AI tools, drawing billions of dollars. The investment also signals a thawing of tensions between the two companies that flared up last summer when Robinhood said it would grant eligible customers blockchain-based “stock tokens” for private companies, including OpenAI. OpenAI later said it had not partnered with Robinhood, did not endorse the tokens …

Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up

Madison Air Pulls Off Biggest U.S. Industrial IPO Since 1999 As Data Center Cooling Theme Heats Up

Published by Jenni Sidey

Madison Air Solutions surged 18% in its IPO on Thursday after raising $2.23 billion, pulling off the largest U.S. industrial IPO in nearly three decades. Shares closed at $31.75, signaling strong investor appetite for an industrial name tied to the AI infrastructure buildout. The Chicago-based company designs and manufactures ventilation, filtration, and cooling systems for data centers, semiconductor manufacturing facilities, life sciences buildings, and commercial buildings. Most importantly, investors care about MAIR because it sells liquid, hybrid, and air-cooling equipment for data centers, tying it directly to the AI buildout boom.  Data centers account for roughly 20% of MAIR’s business. The company operates 30 brands and generated $3.34 billion in 2025 revenue, up from $2.62 billion a year earlier, though net income declined to $124 million from $236 million. Like many industrials operating in the US, it faces pressure from President Trump’s tariffs, with imported metals adding more than $51 million in costs last year.  On Thursday, MAIR closed at $31.75, up from its $27 offering price, giving the company a $15.5 billion. In premakret …

Extreme heats leaves California mountains in a snow drought

Extreme heats leaves California mountains in a snow drought

Published by Sam Flores

California’s snowpack is supposed to reach its peak April 1, but when state surveyors went out Wednesday for their final snow survey of the year near Lake Tahoe, they found only some sparse patches of snow on the bare grass. “We’re calling today’s measurement zero,” said Andy Reising, manager of snow surveys for the California Department of Water Resources. “It came off really fast.” Snow across California’s Sierra Nevada is at just 18% of average — the second smallest since 1950. A month of record-shattering heat thawed the snow and sent runoff coursing into streams and rivers, leaving only minimal water in the mountains as the state heads into dry season. Scientists say this is exactly what climate change looks like, and it’s compounding the water problems of California and other Western states. The early melt reflects a long-term pattern that is becoming more pronounced as temperatures rise. “This particular year is as clear an indication of the influence of climate change as anything we’ve seen,” said Peter Gleick, a leading water scientist and co-founder …

‘It all feels very natural’: Britain’s sauna boom heats up as people seek warmth of human connection | Health

‘It all feels very natural’: Britain’s sauna boom heats up as people seek warmth of human connection | Health

Published by Sam Flores

From fields to floating pontoons, in horseboxes, barrels and beach huts, saunas are springing up across Britain. The British Sauna Society now lists about 640 saunas – up from 540 at the start of the year – while a recent report predicted that the UK could become the world’s largest sauna market by 2033, outpacing even Finland and Germany. “The continuing growth suggests that the peak has still yet to come – if there is one,” said Gabrielle Reason, the society’s director. But are saunas a tonic for the nation’s health – or a wellness fad with hidden risks? When it comes to measurable health effects, the strongest evidence relates to the cardiovascular benefits of sauna use. These are “substantial”, said Prof Setor Kunutsor, the Evelyn Wyrzykowski research chair in cardiology at the University of Manitoba in Canada. “Comparing people who engage in four to seven sauna sessions per week with those who engage once a week, the risk reductions in cardiovascular outcomes range from 40 to 60%,” he said. “In our randomised controlled trial, …

Data Centers Look To Liquid Cooling As AI Future Heats Up

Data Centers Look To Liquid Cooling As AI Future Heats Up

Published by Jenni Sidey

Authored by Bruce Parker via The Epoch Times (emphasis ours), The boom in artificial intelligence (AI) technology and hyperscale facilities has created a growth opportunity for businesses that keep cloud- and AI-related computer servers from overheating. A worker walks among racks and network switches at the LightEdge Solutions data center in Altoona, Iowa, on Oct. 15, 2019. Joe Raedle/Getty Images Cooling is essential for electronics. Without it, today’s high-performance computer chips would literally melt down. Navid Kazem is an electronics cooling expert and general chair of Semi-Therm, a leading global conference on thermal solutions for electronic components. He told The Epoch Times that data centers cannot function without proper cooling. “You can burn down the chip pretty easily if you don’t have an effective cooling solution,” he said. “What happens is the temperature of the chip rises to such high levels that you can effectively burn the chip.” According to Kazem, silicon processors operate reliably at junction temperatures of 194–212 degrees Fahrenheit (90–100 degrees Celsius). If they rise much higher than 248 degrees Fahrenheit (120 …