To The Moon

Exclusive-Foreign Chips Banned in Chinese State-Funded Data Centres Include Nvidia's H20, B200 and H

UPDATE 2-Norway wealth fund to vote against Musk's $1 trillion Tesla pay packageAdds background and detail on vote in paragraphs 6-10. The fund, Tesla's seventh-biggest owner with a 1.12% stake worth $17 billion, also voted "no" to Musk's previous compensation plan, which was originally worth up to $56 billion, drawing a. sharp response from the CEO, who turned down an invitation to a conference in Oslo.NBIM on Tuesday also said it will vote against two out of three Tesla directors who are up for reelection.The $2.1 trillion Norwegian fund also said it would vote against Tesla's proposed general stock compensation plan, which is intended for all employees and can also be used by the board to benefit Musk.Tesla says its CEO will earn "nothing" unless the company's market value grows substantially and that the maximum award is only paid if the group reaches several milestones, most notably a market value of $8.5 trillion, a near six-fold increase.Yet Musk could still reap tens of billion

Core Scientific Inc. outlined key developments during its recent investor presentation, highlighting long-term agreements with CoreWeave totaling over $10 billion in contract value and an estimated $850 million in average annual revenue. The company detailed its colocation contracts, which are designed to deliver strong margins, and reported a robust sales pipeline serving both hyperscale and non-hyperscale customers. Core Scientific is expanding its powered digital infrastructure portfolio, aiming to energize 250 MW by the end of 2025 and a total of 590 MW by early 2027. The company also noted that CoreWeave funds significant portions of the data center build-out costs and that the contracts include fixed pricing and security interests. The leadership team emphasized its extensive experience in data center infrastructure development. You can access the full presentation through the link below.Disclaimer: This news brief was created by Public Technologies using generative artificial i