Amala Balakrishner / CNBC:
Shares of SoftBank plunged as much as 9.2% on Wednesday, as tech stocks in Japan, South Korea, Taiwan and Hong Kong fall after US tech stocks dropped overnight  —  Shares Japan's SoftBank Group plunged as much as 9.2% Wednesday, as technology stocks in Asia declined, tracking losses in U.S. peers overnight.

Financial Times:
The Nasdaq fell 1.4% on August 19, as Nvidia dropped 3.5% and Arm 5%, with AI enthusiasm cooling after a critical report from MIT and a warning from Sam Altman  —  Warning from OpenAI's Sam Altman and MIT paper puncture Wall Street's enthusiasm  —  US tech stocks sold off as warnings …

Jaspreet Singh / Reuters:
Vantage Data Centers plans to spend $25B+ to build a 1.4 GW data center campus in Shackelford County, Texas, the largest in its global portfolio  —  Vantage Data Centers said on Tuesday it would spend more than $25 billion to build a 1,200-acre data center campus in Shackelford County …

Molly White / Citation Needed:
A look at Justin Sun's lawsuit against Bloomberg for publishing his holdings, which he claims he provided confidentially to qualify for its Billionaires Index  —  Listen to me read this post here (not an AI-generated voice!), subscribe to the feed in your podcast app, or download the recording for later.

Julie Bort / TechCrunch:
Firecrawl, which offers an open-source web crawler for developers and AI agents, raised a $14.5M Series A led by Nexus Venture Partners  —  Firecrawl's co-founder and CEO Caleb Peffer knew the exact moment he found the investor to lead his Series A.  —  He was in a coffee meeting …