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Stripe is already a payments colossus. Now it wants to make stablecoins the backbone of global commerce

Last October, the payments giant Stripe announced a blockbuster $1.1 billion acquisition of Bridge, a little-known startup focused on the dollar-backed cryptocurrencies known as stablecoins. Long a feature of the insular world of blockchain diehards, the technology had yet to break into Silicon Valley. But Stripe’s acquisition, alongside the thawing regulatory environment under the Trump … Read more

Super Micro CEO Charles Liang said he teamed up with Elon Musk’s xAI to build the Colossus data center in just 122 days

Super Micro Computer is looking to turn the page after an arduous slog through a host of accounting and finance issues. The data center manufacturer is working toward a $40 billion revenue target and CEO Charles Liang announced plans to expand from its San Jose campus to new locations in the Midwest and East Coast. … Read more

xAI’s “Colossus” supercomputer raises health questions in Memphis

Elon Musk’s AI startup xAI plans to continue using 15 gas turbines to power its “Colossus” supercomputer in Memphis, Tennessee, according to an operating permit with the Shelby County Health Department for non-stop turbine use from June 2025 to June 2030. Why does it matter? The Commercial Appeal, a news outlet that obtained the documents, … Read more

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