People would rather have an Amazon warehouse in their backyard than a data center
A new poll shows that the debate over data centers is far from settled.
In Brief
De-fi platform Drift suspends deposits and withdrawals after millions in crypto stolen in hack
Blockchain trackers put the cryptocurrency heist in the hundreds of millions of dollars and is already on track to be the largest crypto theft in 2026 so far.
‘System failure’ paralyzes Baidu robotaxis in China
Passengers in Baidu’s robotaxis were trapped for up to two hours.
Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
It’s a notable exit for Blacklane, which has raised more than $100 million from backers like Mercedes-Benz and Sixt.
Why SoftBank’s new $40B loan points to a 2026 OpenAI IPO
Wall Street giants JPMorgan and Goldman Sachs are extending a 12-month, unsecured loan to the Japanese conglomerate.
European Commission confirms cyberattack after hackers claim data breach
The European Union’s top executive body has confirmed a cyberattack after hackers reportedly stole reams of data from the European Commission’s cloud storage.
Aetherflux reportedly raising Series B at $2 billion valuation
Index Ventures is said to be leading a $250 million to $350 million round.
Meta launches new initiative to support entrepreneurship, drive AI adoption
Meta CEO Mark Zuckerberg said in a memo to staff that small businesses have always been a big part of the company’s business model, and that while tens of millions of entrepreneurs already use its platforms to grow and connect with customers, the company wants to do more in the space.
Crusoe makes big battery buys for its data centers
Form Energy and Redwood Materials both received orders from the data center developer.