Data center REIT CEO says real estate ‘not in an oversupply state’

Data center REIT CEO says real estate ‘not in an oversupply state’

A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. As hyperscalers like…

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OpenAI acquires health-care technology startup Torch for $60 million, source says

OpenAI acquires health-care technology startup Torch for $60 million, source says

OpenAI has acquired the health-care technology startup Torch, the company announced on Monday. OpenAI purchased Torch for roughly $60 million, according to a source familiar with the deal who asked not to be named because the details are confidential. Torch was building a “unified medical memory” for artificial intelligence that aimed to bring a patient’s…

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Malaysia and Indonesia block Elon Musk's Grok due to non-consensual sexual content

Malaysia and Indonesia block Elon Musk’s Grok due to non-consensual sexual content

Nurphoto | Nurphoto | Getty Images Malaysia and Indonesia blocked access to Elon Musk’s artificial intelligence chatbot Grok over the weekend due to concerns that the tool was being used to generate non-consensual, sexually explicit content.  Malaysian regulators ordered temporary restrictions be placed on the chatbot from xAI on Sunday following “repeated failures by X…

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