Author: GT

Uranium mining giant Cameco and small modular reactor developer NuScale are poised to benefit the most from President Donald Trump ‘s recent executive orders on nuclear power, according to Goldman Sachs. Cameco and NuScale have rallied on Trump’s orders. Cameco popped 11% on Friday and gained another 2.7% on Tuesday. NuScale surged 15% on Tuesday, adding to its 19.4% surge on Friday. Trump’s actions aim to boost domestic uranium mining and enrichment, deploy advanced reactors at Defense and Energy Department facilities, and force the Nuclear Regulatory Commission to approve new reactor licenses within 18 months. Cameco will benefit from increased…

Reed Hastings speaks at the 2021 Milken Institute Global Conference in Beverly Hills, California, U.S. October 18, 2021.David Swanson | ReutersArtificial intelligence startup Anthropic said Netflix Chairman Reed Hastings is joining its board of directors.Hastings, who co-founded Netflix in 1997 and served as CEO (and eventually co-CEO) of the streaming giant until 2023, was appointed to the board by Anthropic’s Long Term Benefit Trust, an independent body of five financially disinterested members, according to a press release on Wednesday.Hastings, 64, has held other high-profile board positions in the tech sector, including at Microsoft, Bloomberg and Facebook, which is now Meta.Anthropic…

LexisNexis Risk Solutions, a data broker that collects and uses consumers’ personal data to help its paying corporate customers detect possible risk and fraud, has disclosed a data breach affecting more than 364,000 people.  The company said in a filing with Maine’s attorney general that the breach, dating back to December 25, 2024, allowed a hacker to obtain consumers’ sensitive personal data from a third-party platform used by the company for software development. Jennifer Richman, a spokesperson for LexisNexis, told TechCrunch that an unknown hacker accessed the company’s GitHub account. The stolen data varies, but includes names, dates of birth,…

Huawei’s AI capabilities have made a breakthrough in the form of the company’s Supernode 384 architecture, marking an important moment in the global processor wars amid US-China tech tensions.The Chinese tech giant’s latest innovation emerged from last Friday’s Kunpeng Ascend Developer Conference in Shenzhen, where company executives demonstrated how the computing framework challenges Nvidia’s long-standing market dominance directly, as the company continues to operate under severe US-led trade restrictions.Architectural innovation born from necessityZhang Dixuan, president of Huawei’s Ascend computing business, articulated the fundamental problem driving the innovation during his conference keynote: “As the scale of parallel processing grows, cross-machine bandwidth…

A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | ReutersOPEC+ countries on Wednesday agreed to leave their formal output quotas unchanged, with market focus shifting toward potential increases from an eight-member subset of the alliance that had been carrying out separate voluntary production cuts.The OPEC+ coalition has been operating a group-wide production agreement, along with two output cuts that are only informally tackled by an eight-member subset of the organization. Under formal policy, the entire OPEC+ group is cutting roughly…

A familiar problem is facing new entrants in the AI industry: How do you break through when the incumbents are so entrenched? That’s just one of the questions we’re tackling at TechCrunch Sessions: AI, happening June 5 at UC Berkeley’s Zellerbach Hall. We’re not just offering answers — we’re bringing insights from top experts like Linear COO Cristina Cordova. Your curiosity will be piqued by our extensive speaker lineup, your network will expand through curated connections, and you’ll walk away plugged into the pulse of what’s next in AI. For a limited time, register with a $300 discount — plus,…

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty ImagesElon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a post on Wednesday.Durov said he and Musk struck a year-long partnership that “strengthens Telegram’s financial position.”In addition to the $300 million payment from xAI, Telegram will also earn 50% of the revenue from xAI subscriptions that are sold on the platform, according to Durov.”This summer, Telegram users…

We were blown away by the incredible interest in speaking at TechCrunch Disrupt 2025, happening October 27–29 at Moscone West in San Francisco.  After a thorough review, we’ve narrowed it down to 20 standout finalists—10 for breakout sessions and 10 for roundtables. Now it’s your turn to decide. Audience Choice voting is open through May 30 at 11:59 p.m. PT. You can cast one vote per session—and vote for as many sessions as you like!  The top 5 breakout and top 5 roundtable sessions will earn a spot on the Disrupt agenda. Image Credits:TechCrunch Meet the finalists Breakout Sessions How…

The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.The alleged attempted robbery is known as a “wrench attack.” It’s a name popularized by an online comic that mocked how easily high-tech security can be undone by hitting someone with a wrench until they give up passwords.Wrench attacks are on the rise thanks in part to cryptocurrency’s move into mainstream finance, Phil Ariss of the crypto tracing…

The UK is deploying AI to keep a watchful eye on Arctic security threats from hostile states amid growing geopolitical tensions. This will be underscored by Foreign Secretary David Lammy during his visit to the region, which kicks off today.The deployment is seen as a signal of the UK’s commitment to leveraging technology to navigate an increasingly complex global security landscape. For Britain, what unfolds in the territories of two of its closest Arctic neighbours – Norway and Iceland – has direct and profound implications.The national security of the UK is linked to stability in the High North. The once…