Just two weeks into his new office, city Comptroller Mark Levine is warning that Mayor Zohran Mamdani faces a cumulative $12 billion budget gap that the new mayor must say how he intends to close in an early February budget plan. The estimate, shared in an interview in advance of a report to be published […]

The post City Facing a Bigger Budget Deficit, Says Comptroller appeared first on THE CITY - NYC News.

Darren Loucaides / Financial Times:
A profile of Wikipedia as it faces myriad challenges, including attacks from Elon Musk and the far right, reduced traffic due to AI, and a legal battle in India  —  As the website turns 25, it faces myriad challenges from regulators, AI, the far right and Elon Musk

Wall Street Journal:
Sources: Chinese AI companies seek to rent compute in Southeast Asia and the Middle East for Nvidia Rubin access, as Zhipu and Alibaba warn of a widening US gap  —  Companies in China scrap for access to Nvidia's latest Rubin lineup while better-funded U.S. competitors are first in line

New York Times:
Australia's eSafety Commissioner reports social media platforms “removed access” to ~4.7M accounts under its ban for under-16s, which took effect in December  —  Governments around the world are watching the rollout of the landmark law, which made it illegal for those under 16 to have accounts.

Marco Chiappetta / Forbes:
SiFive says it will integrate Nvidia's NVLink Fusion with its RISC-V processor IP platforms, letting SiFive silicon communicate with Nvidia's and partner chips  —  SiFive To Integrate Nvidia NVLink Fusion  —  In a move that could have major implications for future AI datacenters, SiFive …