Elon Musk’s xAI seeks $20 billion funding tied to Nvidia chip deal
Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported....
The U.S. Department of Defense is overhauling its software acquisition strategy to open the door wider to commercial and nontraditional software providers.
The memo, part of a series of Pentagon directives aimed at transforming how the department acquires both weapons and support systems, calls for the adoption of the Software Acquisition Pathway (SWP) as the preferred route for all software development components. “It effectively is streamlining the access of those nontraditional commercials so that they can play in the game, that the defense primes are also playing in,” a defense official explained on a call with reporters.
Under the new directive, the DoD will pursue contracting strategies that favor commercial solutions over the traditional hardware-centric and cost-plus contract models. This shift is seen as essential for keeping pace with rapid commercial technology advancements and ensuring faster delivery and iterative improvement of software used in military operations.
Smaller companies, such as Second Front Systems, have made strides in entering Pentagon projects but have long struggled to break through barriers dominated by larger defense primes like Lockheed Martin and General Dynamics. Tyler Sweatt, CEO of Second Front Systems, told Reuters, “Moving away from building custom software using cost-plus style contracts and towards procuring solutions puts better capabilities in the hands of our warfighters.”
To ensure a swift transition, the Under Secretary of Defense for Acquisition and Sustainment, in coordination with the Director of the Defense Innovation Unit, has been tasked with developing an implementation plan within 30 days. The directive reflects the DoD’s commitment to adapting to the reality of software-defined warfare and improving its procurement processes to leverage commercial capabilities effectively.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
The 2025 Nobel Prize in Physics has been awarded to John Clarke, Michel H. Devoret, and John M. Martinis for their groundbreaking discovery of macroscopic quantum mechanical tunnelling and energy quantisation in electric circuits.
United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year agreement that could generate tens of billions of dollars in annual revenue and give the ChatGPT maker the option to acquire up to 10% of the company.
The Nobel Prize in Physiology or Medicine 2025 has been awarded jointly to Mary E. Brunkow, Fred Ramsdell, and Shimon Sakaguchi for their ground breaking discoveries on peripheral immune tolerance.
Swiss researchers are developing biocomputers made from living cells, aiming to merge biology and computing in an energy-efficient system once confined to science fiction.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
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