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DEEP TECH
A UK startup says it can cut data centre network power by 81% by replacing every electrical switch with light
Oriole Networks is deploying the world’s first pure photonic AI network at scale, backed by AMD and the UK’s £50 million ARIA Scaling Inference Lab.
BUSINESS
SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing
The largest IPO in history has drawn more demand than shares available, with Google and Anthropic contracts anchoring a $26 billion recurring revenue base
ARTIFICIAL INTELLIGENCE
Pentagon adds Alibaba, Baidu, BYD, and Unitree to its Chinese military companies list
The updated 1260H list names 188 entities the Pentagon says support China's military-civil fusion strategy, with DoD contracting bans on direct deals taking effect this month
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