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☁️ OpenAI signs $300 billion cloud deal with Oracle
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- OpenAI reportedly signed a contract with Oracle to purchase $300 billion worth of compute power, with the five-year agreement scheduled to begin sometime during the year of 2027.
- This deal continues OpenAI's strategy of diversifying its cloud providers beyond Microsoft Azure, a move that also includes a recent agreement with competitor Google for more compute power.
- The timing aligns with OpenAI's involvement in the Stargate Project, a $500 billion investment with SoftBank and Oracle to build new domestic data center projects over the next four years.
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🛰️ Starlink plans to become a global carrier
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- Following a deal to buy radio spectrum from EchoStar, Elon Musk suggested Starlink could become a global carrier, offering users a single solution for home broadband and direct-to-cell service.
- The plan requires SpaceX to launch new cellular Starlink satellites while phone makers add support for the 1.9GHz and 2GHz bands, a process that could take about two years.
- Industry analysts and AT&T's CEO remain skeptical, noting the acquired spectrum is likely not enough to replace terrestrial networks in dense cities, making partnerships with existing MNOs more plausible.
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🤖 China's R1 robot challenges Tesla's Optimus
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- Chinese tech company Ant Group is showing its new R1 humanoid robot, which was recently demonstrated cooking shrimp for audiences at the IFA 2025 tech show in Berlin.
- The company is testing the R1 in community centers and restaurants, suggesting future uses for the bot as a caregiver in healthcare or as a robotic tour guide for travelers.
- However, a video from the event shows the robot placing a box on a counter at a glacial pace, and the company has not provided a price or launch date yet.
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🚀 SpaceX to fly bigger, fully reusable Starship in 2026
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- SpaceX plans to demonstrate Starship's full reusability during 2026, a milestone that includes delivering over 100 tons of payload to what Elon Musk calls a useful orbit.
- This goal relies on the Block 3 design, which adds next-generation Raptor engines, an upgraded transfer tube, and a new aft dome fitted with metallic heat shield tiles.
- The schedule includes one more Block 2 test in 2025 before a sub-orbital flight of the redesigned Block 3 vehicle, which is planned for the early part of 2026.
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🤝 Vimeo to be acquired by Bending Spoons for $1.38 billion
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- Italian mobile application developer Bending Spoons announced its plan to acquire video platform Vimeo for $1.38 billion in an all-cash deal, expecting the transaction to close by Q4 this year.
- The acquiring company’s chief executive said he is planning ambitious investments across Vimeo’s business, from its creator-focused tools and enterprise offerings to its responsible AI-enabled features.
- The Milan-based firm has a pattern of purchasing struggling companies like Evernote and WeTransfer, then laying off numerous employees and scaling back services available to free users.
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🚁 Uber is adding helicopter and seaplane rides
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- Through a new partnership with Joby Aviation, Uber will integrate Blade's helicopter and seaplane passenger services into its app for booking flights as early as 2026.
- When the service launches, users can book Blade flights directly through the app, either by-the-seat on scheduled trips or by deciding to charter an entire flight.
- Blade currently offers its passenger services in the New York City area, the Hamptons, and South Florida, with flight routes also in Aspen, Los Angeles, and Las Vegas.
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