Ubisoft has abruptly shut down its Halifax studio, resulting in 71 layoffs. The closure comes just 20 days after the studio’s developers successfully voted to unionize with CWA Canada. Ubisoft claims the decision was made “well before” the union vote.
Investment firm Valor Equity Partners has raised $5.4 billion specifically to purchase Nvidia GB200 GPUs for Elon Musk’s xAI. The deal, backed by Apollo and Nvidia itself, uses a lease structure to fund critical AI compute infrastructure. It follows xAI’s own massive $20 billion funding round announ
Roblox is making age verification mandatory for all users who want to access its in-game chat feature. The system uses facial estimation via selfie for younger teens and ID checks for those 13+, creating six distinct age groups for communication.
A new MIT Technology Review piece highlights a major shift: 60% of Fortune 500 companies are now exploring blockchain. They’re not going all-in on Web3, though. Instead, they’re betting on a hybrid approach that mixes traditional tech with decentralized principles.
Starlink is reconfiguring its massive constellation, planning to lower 4,400 satellites from 550km to 480km by 2026. The move aims to improve space safety and reduce debris lifetime, but follows another dangerously close call with a Chinese-launched satellite.
NASA is finally putting real money behind its next giant space telescope, the Habitable Worlds Observatory. But with a launch target in the 2040s, the agency faces major design decisions and a race against its own history of delays.
For the eighth time, Warner Bros. Discovery has formally rejected a takeover bid from David Ellison’s Paramount Skydance. The board is sticking with its Netflix merger, calling Paramount’s offer risky and undervalued.
A wave of “AI fatigue” is causing a major rotation in the stock market. After a three-year, 78% run led by tech giants, money is now flowing into the other 493 companies in the S&P 500.
Chinese regulators have started a review of Meta’s $2 billion deal to buy AI startup Manus. The focus is on whether technology developed by the Chinese-founded company before it moved to Singapore violates export rules. This could potentially derail one of Mark Zuckerberg’s biggest AI bets.
The Department of Energy is committing $2.7 billion to revitalize domestic uranium enrichment, a decades-high investment. The funding will go to three companies to produce both current and next-generation nuclear fuels. This move aims to end reliance on foreign suppliers and secure America’s nuclear
