Toshiba plans to split into two companies instead of three after activist shareholder criticism, sell non-core assets, and keep its infrastructure operations — Toshiba Corp. said it would divide into two companies and sell non-core assets, scrapping an initial three-way split that faced fierce criticism from activist shareholders.
PitchBook: the AI frenzy has led to the fastest investment pace since 2021, with $30B+ invested into startups so far this quarter and $50B more in the works (George Hammond/Financial Times)
George Hammond / Financial Times:
PitchBook: the AI frenzy has led to the fastest invesThe Ethereum Foundation selects two new co-executive directors, and Executive Director Aya Miyaguchi becomes president, following calls for new leadership (Margaux Nijkerk/CoinDesk)
Margaux Nijkerk / CoinDesk:
The Ethereum Foundation selects two new co-executive directCrusoe, a startup helping build the first data center for Stargate, says it secured a deal with a gas turbine owner to generate 4.5 gigawatts of energy by 2027 (Anissa Gardizy/The Information)
Anissa Gardizy / The Information:
Crusoe, a startup helping build the first data centerAdobe: traffic from AI sources to US retail sites in February rose 1,200% from July 2024; 39% of US consumers used generative AI for shopping, 53% plan to do so (Mike Pastore/Search Engine Land)
Mike Pastore / Search Engine Land:
Adobe: traffic from AI sources to US retail sites inA US federal judge allows the Kadrey v. Meta case, in which authors allege Meta violated IP rights by using their books to train Llama models, to move forward (Anthony Ha/TechCrunch)
Anthony Ha / TechCrunch:
A US federal judge allows the Kadrey v. Meta case, in which auAcross Protocol, focused on connecting Ethereum with Layer 2 networks, raised $41M in a token round led by Paradigm, following a $10M token round in Nov. 2022 (Yogita Khatri/The Block)
Yogita Khatri / The Block:
Across Protocol, focused on connecting Ethereum with Layer 2
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