Lambda inks $1B private debt for Nvidia chip deal

Lambda has raised about $1B of private short-dated debt arranged by JPMorgan to buy Nvidia GPUs that Microsoft will lease, according to Bloomberg. The same structure funds Nebius, which borrowed $775M against its own chips and holds a five-year Microsoft contract worth $19.4B. Lambda has raised about $1B of private debt to buy Nvidia chips…

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Quote Of The Day!

“I remember on day one saying, ‘This young woman is going to be the biggest star of her generation.’ [When the Greatest Showman director had her do another take,] I pulled him aside and said ‘What are you doing, her first take was amazing,’ and he said, ‘I know but I didn’t want to embarrass…

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Stablecoins not credible for payments at scale, BIS chief says

BIS chief Pablo Hernández de Cos said stablecoins lack credibility for payments at scale, while a new FSI study highlights sharp differences in issuer rules. The Bank for International Settlements is renewing its criticism of stablecoins, questioning their credibility as everyday money as governments worldwide build regulatory frameworks around the tokens. BIS General Manager Pablo…

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Use Claude for SEO. Don’t let Claude do SEO.

Claude can accelerate research, analysis, and drafting, but SEO execution still needs human judgment to avoid costly mistakes. Claude is one of the best research assistants an SEO can have. Give it a keyword, and it can map intent, spot content gaps, and draft outlines in minutes. But give it write access to your site,…

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