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The Statement Piece

Episode 2

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two people putting on shoes
StartupsAITech & Business

Allbirds pivots from footwear to AI data centers with $50 million funding, stock surges 580%

Struggling apparel brand Allbirds announced a radical pivot to artificial intelligence infrastructure, selling its core shoe and apparel business while securing...

McGraw Hill data breach exposes 13.5 million user accounts via Salesforce misconfiguration
CybersecurityPolicy

McGraw Hill data breach exposes 13.5 million user accounts via Salesforce misconfiguration

Educational publisher McGraw Hill confirmed a data breach affecting 13.5 million user accounts after the ShinyHunters extortion group leaked stolen information ...

Virtus begins construction on €3B, 204MW data center campus near Berlin
Infrastructure

Virtus begins construction on €3B, 204MW data center campus near Berlin

European data center operator Virtus has commenced construction on a 204-megawatt campus near Berlin, Germany, with a total investment of €3 billion ($3.5 billi...

US nationals sentenced to prison for helping North Korean IT workers infiltrate over 100 companies
CybersecurityPolicy

US nationals sentenced to prison for helping North Korean IT workers infiltrate over 100 companies

Two U.S. nationals have been sentenced to prison for their roles in a scheme that helped North Korean IT workers pose as American residents and gain employment ...

Quant trading firm Jane Street signs $6B AI cloud deal with CoreWeave, makes $1B equity investment
AIInfrastructure

Quant trading firm Jane Street signs $6B AI cloud deal with CoreWeave, makes $1B equity investment

Quantitative trading firm Jane Street has committed to $6 billion in AI cloud capacity from CoreWeave, with the deal also including a $1 billion equity investme...

Amazon launches smart warehouse in Shenzhen to cut merchant storage costs by up to 45%
Tech & BusinessInfrastructure

Amazon launches smart warehouse in Shenzhen to cut merchant storage costs by up to 45%

Amazon has opened its first smart warehouse in Shenzhen, China, aiming to reduce storage costs for local merchants by as much as 45 percent. The new Global War...