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Key points
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Sources
CoreWeave CEO letter to Texas governor-elect on data centers
CoreWeave CEO Michael Intrator sent a letter to Texas governor-elect Gina Hinojosa outlining the company's approach to new data center projects. The letter says CoreWeave will fund substations, transmission upgrades and related infrastructure, and that its closed-loop liquid cooling uses water at levels comparable to a similar-size office building.
Key points
Funding: CoreWeave funds substations, transmission upgrades and related infrastructure for new facilities.
Water use: Closed-loop liquid cooling water use is comparable to, or lower than, a commercial office building of similar size.
Sources
AI trade pause, valuation risk from capital constraints
Short Hills Capital’s Steve Weiss says the AI trade is on pause at the peak of a cycle. He warns that companies unable to raise capital will lower valuations across the sector. Melius analyst Ben Reitzes cut targets on several chip makers, citing excessive paper as the primary risk to the AI trade.
Key points
Steve Weiss states the AI trade is on pause and that the peak has been reached.
Ben Reitzes cut targets on NVDA, MRVL, AMD, DELL and AVGO, citing the amount of paper as the primary risk to the AI trade.
Sources
Microsoft Paint remote code execution flaw, fix via Store
Microsoft Paint has an 8.1/10 remote code execution flaw that lets an attacker run code remotely without login. The fix is released through the Microsoft Store; update Paint to the latest version.
Key points
Flaw severity: 8.1/10 RCE, no login required.
Fix distribution: via Microsoft Store, update Paint version.