[ad_1] AI data center provider Lambda announced Tuesday it raised $1.5 billion in a round led by TWG Global, a relatively new $40 billion investment firm formed by billionaires Thomas Tull, the former owner of Legendary Entertainment, and Guggenheim Partners founder and CEO Mark Walter. TWG holds a variety of …

[ad_1] A US court ruled Meta faces sufficient competition from rivals TikTok and YouTube to prevent the company from exercising monopoly power in the social media. Photo: Justin TALLIS / AFPSource: AFP A US judge dismissed the federal government’s antitrust lawsuit against Meta on Tuesday, ruling that the tech giant’s …

[ad_1] GF: Alan, describe the dynamic between your R&D team and business units. How do you ensure innovative ideas are adopted? Sung: On my first day, my boss told me, ‘Alan, we are a cost center, not a profit center. Therefore, we must prioritize development based on our business unit’s needs.’ …