Malaysia is reportedly shutting down Balaji Srinivasan’s Network School

Malaysia is reportedly shutting down Balaji Srinivasan’s Network School

The Malaysian government has ordered the shutdown of a startup-centric community called the Network School, according to The Wall Street Journal. Billing itself as “a frontier community for techno-optimists,” the Network School reportedly grew out of entrepreneur and investor Balaji Srinivasan’s conviction that the United States is in irreversible decline; Srinivasan has said his goal…

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Investors love AI, as long as you’re a cloud host

Investors love AI, as long as you’re a cloud host

Amazon reported better-than-expected second-quarter earnings on Thursday, and investors loved what they saw. Net sales rose 20%, and cloud revenue stood out as a particular bright spot. This combination of positive results was enough to send Amazon’s stock up nearly 10% in after-hours trading. Crucially, Amazon isn’t slowing down on data center spending, despite the…

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Bot-detection startup Spur nabs 0M from Insight

Bot-detection startup Spur nabs $200M from Insight

Spur Intelligence, a cybersecurity startup based in Lake Mary, Florida, has raised a $200 million round led by Insight Partners. Spur, founded by two former Defense Department engineers in 2017 — five years before ChatGPT’s public launch — was prescient. The startup’s tech helps enterprises distinguish legitimate human users from increasingly well-hidden bot traffic to…

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