Netflix Shutters Mobile Game Studio as Part of Strategy Shift

Netflix has shuttered its Boss Fight Entertainment, the game studio best known for developing the mobile “Squid Game:  Unleashed” multiplayer action game based on the streamer’s hit series franchise. The title went to number one on the charts in 26 countries, according to Boss Fight co-founder and CEO David Rippy, who posted a farewell on LinkedIn. The unit also developed “Netflix Stories,” described as “an interactive visual novel platform” based on Netflix shows “Virgin River,” “Emily in Paris” and “Selling Sunset.” Netflix reportedly plans to continue offering the Boss Fight titles even as it de-emphasizes mobile games. Continue reading Netflix Shutters Mobile Game Studio as Part of Strategy Shift

OpenAI & Broadcom Developing Custom AI Accelerator Chips

OpenAI has expanded its alliance with Broadcom, announcing a plan to create enough custom AI accelerator chips to consume 10 gigawatts of power. News of the custom chip collaboration leaked out last month. Now that it is ready to go public, OpenAI says designing its own chips and systems will allow the startup to leverage directly into the hardware what it has learned from developing frontier models. The racks, scaled entirely with Ethernet and other connectivity solutions from Broadcom, will be deployed across OpenAI’s facilities and partner data centers beginning in the second half of 2026. Continue reading OpenAI & Broadcom Developing Custom AI Accelerator Chips

California Enacts an AI Law Focused on Frontier Model Safety

California has become the first state in the nation to enact an AI safety law. The Transparency in Frontier Artificial Intelligence Act requires major AI firms to regularly report safety information, keeping government apprised of the guardrails imposed when building models as well as ongoing risks presented. California is home to leading AI companies including OpenAI, Alphabet, Anthropic, Meta Platforms, Nvidia and xAI, which means the law will be something of a national standard, as the rules imposed on those companies will have follow-through effects in all states. The law also bolsters whistle-blower protections for employees of the affected firms. Continue reading California Enacts an AI Law Focused on Frontier Model Safety

OpenAI’s Five New AI Data Centers to Bring Capacity to 7 GW

OpenAI has laid out plans for five new U.S. data centers to bring its Stargate AI infrastructure project to a total of 7 gigawatts of capacity within three years. The company says that puts OpenAI on track to formalize its $500 billion, 10-gigawatt plans for Stargate by the end of 2025, ahead of schedule. The disclosure follows media coverage critical of OpenAI for moving too slowly toward its goals. There is also a SoftBank-imposed deadline of January 1 to corporately restructure in a way that allows investors to more fully participate in profits or risk losing $20 billion in funding. Continue reading OpenAI’s Five New AI Data Centers to Bring Capacity to 7 GW

Nexstar to Acquire Tegna in $6.2 Billion TV Consolidation Deal

In a major local television group consolidation move, Nexstar Media Group of Texas has reached an agreement to acquire a rival, Virginia-based Tegna, in a $22 per share cash transaction valued at $6.2 billion. The boards of both Nexstar and Tegna unanimously signed off on the deal, which is expected to close by the end of next year subject to FCC regulatory approval. The price includes Tegna debt and estimated transaction expenses and fees. Nexstar has more than 200 owned or partner stations while Tegna has 64. As a result of the consolidation, the combined company will have TV stations in nine of the top 10 U.S. markets. Continue reading Nexstar to Acquire Tegna in $6.2 Billion TV Consolidation Deal

Samsung Inks $16.5 Billion Deal to Produce Tesla’s A16 Chip

Tesla has selected Samsung to manufacture its new A16 system-on-a-chip, developed by the carmaker for its next-generation artificial intelligence applications, including for autonomous driving, Optimus robots and AI data centers. The multiyear deal is reportedly worth $16.5 billion to Samsung and represents a major win for its foundry division. The South Korean company’s soon-to-open plant in Taylor, Texas will focus on making Tesla’s new AI6 chip, according to Tesla CEO Elon Musk. Samsung began producing Tesla’s A14 chip in 2023, but the A15 contract went to TSMC, which is in the testing phase using its 3nm N3P process. Continue reading Samsung Inks $16.5 Billion Deal to Produce Tesla’s A16 Chip

OpenAI and Oracle Confirm $30B Annual Data Center Contract

Oracle and OpenAI have confirmed the $30 billion per year AI data center contract reported earlier this month. The deal will provide OpenAI’s Stargate project with 4.5 gigawatts of additional data center capacity in the U.S. Oracle is a Stargate partner and has been working in partnership with OpenAI on the Stargate I site, coming online in Abilene, Texas. “This additional partnership with Oracle will bring us to over 5 gigawatts of Stargate AI data center capacity under development, which will run over 2 million chips,” OpenAI explains. The “investment will create new jobs, accelerate America’s reindustrialization, and help advance U.S. AI leadership.” Continue reading OpenAI and Oracle Confirm $30B Annual Data Center Contract

Meta Power Play Includes Data Centers of Up to 5 Gigawatts

Meta Platforms has embarked on an ambitious data center build-out to power its AI ambitions. This includes Hyperion, a massive facility to be built in Louisiana that “will be able to scale up to 5 gigawatts over several years,” Meta CEO Mark Zuckerberg posted on Threads with a graphic illustrating how its planned footprint is nearly big enough to cover most of Manhattan. The first new plant to come online will be Prometheus in Ohio in 2026, Zuckerberg said, indicating his company will not be looking to OpenAI and Stargate partners to power Meta AI processing. Continue reading Meta Power Play Includes Data Centers of Up to 5 Gigawatts

OpenAI Deal with Oracle to Scale Up U.S. Cloud Infrastructure

Oracle will supply massive compute power to OpenAI as part of a new contract reported at $30 billion annually focused on accelerating Sam Altman’s ambitions for Stargate, the initiative to build U.S. data centers announced in January by President Trump as a matter of national security. OpenAI committed $500 billion over four years to the project. The Oracle deal involves an estimated 4.5 gigawatts of U.S. data center power consumption, equivalent to the power output of four-and-a-half nuclear reactors operating at full capacity — enough to power approximately 3.3 million U.S. households during that time. Continue reading OpenAI Deal with Oracle to Scale Up U.S. Cloud Infrastructure

Google, Meta Support Europe’s Online Age Verification Efforts

As the U.S. grapples with how to implement its own Internet age verification guardrails for minors, two Big Tech firms on opposite sides of the issue here have thrown their support behind French President Emmanuel Macron’s steps to safeguard EU children. Meta Platforms issued a statement lauding Macron’s idea for a “digital majority age” that requires parents to approve children’s access to services including social media. Simultaneously, Google open-sourced its Zero-Knowledge Proof (ZKP) libraries to help developers with privacy-compliant age verification solutions, a move that coincides with a partnership with German bank Sparkasse on a digital wallet age verification service. Continue reading Google, Meta Support Europe’s Online Age Verification Efforts

Texas Enacts App Store Accountability Act to Protect Children

Texas has codified a new law that requires the Apple and Google app stores to verify users’ ages for downloads, providing parents and guardians more control over children’s downloads. California and Illinois are considering similar measures, but so far Texas is the largest among 20 states that have evaluated similar smartphone laws aimed at child safety. In March, Utah became the first state to establish such regulation. As part of a broader national push Congress this month reintroduced the bipartisan Kids Online Safety Act (KOSA) requiring social media platforms to police harmful content. Continue reading Texas Enacts App Store Accountability Act to Protect Children

Vodafone and AST to Launch Euro Satellite Video Call Service

Vodafone announced it has made the world’s first video call from an area of no coverage using a commercial satellite connection and standard mobile phone. The call was touted as the “first space to land gateway in Europe,” connecting satellites with Vodafone’s terrestrial network. Call participants Margherita Della Valle, CEO of Vodafone Group, in a remote area of Wales, and British astronaut Tim Peake, in Newbury, UK, experienced “a full mobile broadband experience” during the groundbreaking connection. Vodafone is working with Starlink rival AST SpaceMobile to bring a commercial satellite-to-mobile broadband service to Europe, possibly this year. Continue reading Vodafone and AST to Launch Euro Satellite Video Call Service

Judge Blocks Sections of a Texas Law Meant to Protect Minors

A federal judge has partially blocked a new Texas law by disallowing requirements that social platforms identify minors and filter content for their safety. The Securing Children Online Through Parental Empowerment (SCOPE) Act, signed last year, threatens free speech due to its “monitoring and filtering” requirements the court ruled as the basis for a temporary injunction. Under the law, registered users under 18 will be subject to limited data collection, target advertising bans and parental consent for financial transactions. SCOPE would affect a range of online services, with large social platforms a focus. Continue reading Judge Blocks Sections of a Texas Law Meant to Protect Minors

Meta Reports Q2 Digital Ad Growth, Will Continue AI Spending

Facebook parent Meta announced better-than-expected earnings for Q2 last week, surpassing Wall Street estimates for revenue and profit. The company plans to continue spending heavily on artificial intelligence and virtual reality, despite significant losses in its AR/VR and metaverse businesses. Meta reported a revenue increase of 22 percent from $32 billion for the same quarter last year, representing four straight quarters of growth exceeding 20 percent. The company noted that net income jumped 73 percent to $13.47 billion. Advertising revenue, largely from Facebook and Instagram, was up 22 percent year-over-year. Continue reading Meta Reports Q2 Digital Ad Growth, Will Continue AI Spending

Samsung Will Receive Up to $6.4 Billion in CHIPS Act Funding

Samsung Electronics will receive up to $6.4 billion in funding for semiconductor manufacturing in the U.S. as part of the CHIPS and Science Act. Samsung Semiconductor CEO Kye Hyun Kyung and Commerce Secretary Gina Raimondo celebrated the news this week at the company’s Taylor, Texas plant. The funds are earmarked for Samsung’s expansion in Central Texas to create additional manufacturing capabilities of essential chips for the AI, automotive, IoT, aerospace and other sectors. With the funds, Samsung is “strengthening the local semiconductor ecosystem and positioning the U.S. as a global semiconductor manufacturing destination,” Kyung said. Continue reading Samsung Will Receive Up to $6.4 Billion in CHIPS Act Funding