Reading List

The most recent articles from a list of feeds I subscribe to.

A look at Meta Superintelligence Labs' growth in the past year, including a top-tier RL environment and compute ramp that could catch up to Anthropic and OpenAI (SemiAnalysis)

SemiAnalysis:
A look at Meta Superintelligence Labs' growth in the past year, including a top-tier RL environment and compute ramp that could catch up to Anthropic and OpenAI  —  A top tier RL environment startup spawns out of thin air, the most aggressive compute ramp we've ever seen, 2000km+ scale-across, and some advice for Google DeepMind

Sources: Manus investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor (Zijing Wu/Financial Times)

Zijing Wu / Financial Times:
Sources: Manus investors and management are discussing unwinding Meta's $2B buyout at the same valuation, with Tencent in talks to become the largest investor  —  Chinese tech giant set to become largest shareholder in AI agent start-up after Beijing ordered reversal of US takeover

Carlyle agrees to sell US data center power and infrastructure platform Copia to EQT; sources: the deal values Copia at $2.6B, a fivefold return for Carlyle (Financial Times)

Financial Times:
Carlyle agrees to sell US data center power and infrastructure platform Copia to EQT; sources: the deal values Copia at $2.6B, a fivefold return for Carlyle  —  Deal underscores bright spot for private equity portfolio company sales amid strong demand for AI infrastructure

Oxylabs, which develops web data scraping infrastructure, received a $130M investment at a $3.6B valuation from Warburg Pincus, its first outside investment (Mike Wheatley/SiliconANGLE)

Mike Wheatley / SiliconANGLE:
Oxylabs, which develops web data scraping infrastructure, received a $130M investment at a $3.6B valuation from Warburg Pincus, its first outside investment  —  Data scraping startup Oxylabs UAB has broken into unicorn territory after raising $130 million in funding from the private equity firm Warburg Pincus LLC.

MiniMax is looking to raise as much as $1.9B by selling 35.6M shares at ~$34 each and offering ~$830M in convertible bonds due 2027 (Bloomberg)

Bloomberg:
MiniMax is looking to raise as much as $1.9B by selling 35.6M shares at ~$34 each and offering ~$830M in convertible bonds due 2027  —  MiniMax Group Inc. is joining a rush by Chinese technology companies to tap markets for funding aimed at the artificial intelligence buildout …