Carl Franzen / VentureBeat:
Xiaomi unveils its MiMo-V2 AI models, including the 1T-parameter MiMo-V2-Pro, codenamed Hunter Alpha, which Xiaomi says benchmarks close to GPT-5.2 and Opus 4.6  —  Led by Fuli Luo, a veteran of the disruptive DeepSeek R1 project, the release represents what Luo characterizes as a “quiet ambush” on the global frontier.

Data centers demand power. They guzzle water. They may hike energy bills. In Memphis, for example, a gas-powered data center for artificial intelligence increased local air pollution, gulped about 150 homes’ worth of water in a month and could consume as much electricity as 200,000 homes in a year. In the mid-Atlantic region, data center […]

The post With Power-Guzzling Data Centers on the Way, New York Moves to Control Costs appeared first on THE CITY - NYC News.

With less than three months before the first World Cup soccer match at MetLife stadium, hotel bookings for the event are disappointing, suggesting that the predicted $3 billion economic boost will be far less. While Mayor Zohran Mamdani said earlier this month that the Cup has “the potential to be an immense economic driver in […]

The post World Cup Economic Bump Is Starting to Look Like a Bust appeared first on THE CITY - NYC News.

Every product team has a roadmap. Every marketing team has a funnel. But ask most SaaS and ecommerce leaders which single component has the greatest direct impact on their revenue, and you will hear a surprising amount of hesitation. The answer, increasingly, is the one piece of infrastructure that still gets treated as an afterthought: […]

The Warsaw-based fund, backed by the European Investment Fund and the Polish Development Fund, plans 20–25 pre-seed and seed investments in companies working on energy transition, industrial automation, and AI. The team behind Warsaw-based Montis Capital has raised €50 million at first close for a new fund, Montis VC, targeting European startups at the intersection […]