The Leon Thevenin, Africa's only permanently stationed cable repair ship, maintains over 60,000 kilometers of undersea internet infrastructure from Madagascar to Ghana. The 43-year-old vessel employs a 60-person crew who perform precision repairs on fiber-optic cables that carry data for Alphabet, Meta, and Amazon -- companies that consumed 3.6 billion megabits per second of bandwidth in 2023.

Operating costs range from $70,000 to $120,000 daily, according to owner Orange Marine. The ship has experienced increased demand due to unusual underwater landslides in the Congo Canyon causing frequent cable breaks. Cable jointer Shuru Arendse and his team spend up to 48 hours on repairs that require fusing hair-thin glass fibers in conditions where a speck of dust can ruin the joint. The vessel gained Starlink connectivity last year after decades of relying on satellite phones and shared computers for crew communication. Sixty-two cable repair ships operate globally to maintain the infrastructure supporting streaming media and AI applications.

US wholesale electricity prices have nearly doubled since 2020, rising faster than consumer rates across most regional grid operators. Analysis of location marginal pricing data from 17 trading hubs shows average wholesale costs increased from baseline 2020 levels to peaks 2-4 times higher by 2022, before partially recovering. Consumer electricity prices rose 35% during the same period.

Transmission congestion spreads are widening in most Independent System Operators and Regional Transmission Organizations, particularly in PJM, SPP, and NYISO, where bottlenecks increasingly prevent access to cheaper generation. California's CAISO stands alone among major grid operators as wholesale prices remain flat or decline in 2025 despite natural gas volatility. The cheapest wholesale electricity continues to trade in SPP's Oklahoma-Kansas region at $16-17 per megawatt-hour.

Key takeaways from a new survey by Pew Research: 1. Americans are much more concerned than excited about the increased use of AI in daily life, with a majority saying they want more control over how AI is used in their lives.
2. Far larger shares say AI will erode than improve people's ability to think creatively and form meaningful relationships.
3. At the same time, a majority is open to letting AI assist them with day-to-day tasks and activities.
4. Most Americans don't support AI playing a role in personal matters such as religion or matchmaking. They're more open to AI for heavy data analysis, such as for weather forecasting and developing new medicines.
5. Americans feel strongly that it's important to be able to tell if pictures, videos or text were made by AI or by humans. Yet many don't trust their own ability to spot AI-generated content.

Sony has quietly introduced a revised PlayStation 5 Digital Edition that reduces internal storage from 1TB to 825GB while maintaining the same 499 Euro ($590) price point. The CFI-2116 revision has appeared on Amazon listings across Italy, Germany, Spain and France without official announcement from Sony.

The storage downgrade returns the console to its original 825GB capacity last seen in the launch PlayStation 5 before the Slim models increased storage to 1TB. Users lose approximately 175 of usable space in the new revision. Amazon Germany lists October 23 as the delivery date for units already available for purchase. The change affects only the Digital Edition while the disc version remains unchanged at 1TB. The revision follows Sony's September price increase of $50 across PlayStation 5 models citing economic conditions.

Light pollution now doubles every eight years globally as LED adoption accelerates artificial brightness worldwide. A recent study measured 10% annual growth in light pollution from 2011 to 2022. Northern Chile's Atacama Desert remains one of the few Bortle Scale 1 locations -- the darkest rating for astronomical observation -- though La Serena's population has nearly doubled in 25 years. The region hosts major observatories including the Vera C. Rubin Observatory at Cerro Pachon.

Satellite constellations pose additional challenges: numbers have increased from hundreds decades ago to 12,000 currently operating satellites. Astronomers predict 100,000 or more satellites within a decade. Chile faces pressure from proposed mining operations including the 7,400-acre INNA green-hydrogen facility near key astronomical sites despite national laws limiting artificial light from mining operations that generate over half the country's exports.

Scripted TV production peaked in 2022 at 599 shows and has declined since, according to FX's research division tracking. New prestige series have dropped sharply while streaming platforms prioritize returning shows over new development. Netflix has shifted majority output to unscripted content including docuseries and reality programming since 2018.

YouTube leads streaming viewership ahead of Netflix, Paramount+, and Hulu. Free ad-supported platforms YouTube, Tubi and Roku Channel continue gaining market share. Subscription prices across major streaming services have increased while scripted content volume decreased. Second season of Severance cost $200 million. Fourth season of Stranger Things reached $270 million in production expenses.

Getting an MBA in the US has gotten a little more expensive and a little less profitable, according to a Bloomberg analysis of salary and tuition data. From the report: This year's update of Bloomberg's Business School ROI Calculator, based on surveys of more than 9,500 students and alumni, projects a typical return on investment of 12.3% a year for the decade after graduation. That's down from 13.3% last year. The S&P 500 index, by comparison, returned 14.6% over the decade ending Aug. 31.

The main reason for the decline: This year's respondents reported 6.2% better pre-MBA salaries than last year's, while projected postdegree earnings increased only 1.7%. In other words, the MBA pay edge -- the compensation boost graduates get for the degree -- shrank. In the broader US workforce, the average high-skilled worker's earnings rose 4.7% in the year ended July 31, Federal Reserve data show.

Other factors didn't help: The increase in pre-MBA salaries meant students were forgoing more income during their studies. Tuition and other expenses increased 2.4%, some of that financed with bigger loans at higher rates. In all, the typical total investment to get an MBA in the US rose 6.8%, to almost $300,000.

An anonymous reader shares a report: Anyone who surveys the public, from marketers to pollsters, struggles nowadays to get people to answer their questions. That phenomenon afflicts crucial government data, making it harder for policymakers and investors to know the true state of the economy. Falling survey participation is an important reason the flagship jobs report released every month by the Bureau of Labor Statistics, part of the Labor Department, has undergone such big revisions recently.

This has rippled into the political sphere. On Aug. 1, President Trump fired BLS Commissioner Erika McEntarfer after a particularly large downward revision to jobs for May and June that owed partly to late responses from survey participants. The White House and top administration officials increased their attacks on the BLS last week after the agency published an annual revision suggesting the U.S. added 911,000 fewer jobs over the 12 months through March. The BLS blamed the initial overestimate partly on response rates.

[...] One hypothesis is known as survey fatigue: People are being asked to answer too many questionnaires. Jonathan Eggleston, a senior economist at the U.S. Census Bureau, found in a 2024 study that recent participants in that agency's monthly and annual surveys, which are voluntary, were less likely to answer the 2020 census by mail, phone or online, without a knock on the door. Another is the rise of cellphones with caller ID. In the days of landlines, people had to pick up the phone to know who was calling. These days, many decline to answer callers they don't recognize.

America's Federal Trade Commission is investigating whether Amazon and Google misled advertisers placing ads on their websites, reports Bloomberg, and specifically whether the two companies "properly disclosed the terms and pricing for ads." The FTC is seeking details about Amazon's auctions and whether it disclosed "reserve pricing" for some search ads — price floors that advertisers must meet before they can buy an ad, the people said. Separately, the FTC is examining practices by Google, including its internal pricing process and whether it increased the cost of ads in ways that weren't disclosed to advertisers, the people said...

According to one of the people, the FTC's latest investigation emerged from its earlier antitrust case. In that complaint, the agency alleges that Amazon litters its marketplace with irrelevant results for search queries, making it harder for shoppers to find what they are looking for and more expensive for sellers to use the platform. The practice effectively forces sellers to buy ads to make their product appear in response to consumer searches.

TIOBE attempts to calculate programming language popularity using the number of skilled engineers, courses, and third-party vendors.

And the eight most popular languages in September's rankings haven't changed since last month:

1. Python
2. C++
3. C
4. Java
5. C#
6. JavaScript
7. Visual Basic
8. Go

But by TIOBE's ranking, Perl is still the #10 most-popular programming in September (dropping from #9 in August). "One year ago Perl was at position 27 and now it suddenly pops up at position 10 again," marvels TIOBE CEO Paul Jansen. The technical reason why Perl is rated this high is because of its huge number of books on Amazon. It has 4 times more books listed than for instance PHP, or 7 times more books than Rust. The underlying "real" reason for Perl's increase of popularity is unknown to me. The only possibility I can think of is that Perl 5 is now gradually considered to become the real Perl... Perl 6/Raku is at position 129 of the TIOBE index, thus playing no role at all in the programming world. Perl 5 on the other hand is releasing more often recently, thus gaining attention.
An article at the i-Programmer blog thinks Perl's resurgence could be from its text processing capabilities: Even in this era of AI, everything is still governed by text formats; text is still the King. XML, JSON calling APIs, YAML, Markdown, Log files..That means that there's still need to process it, transform it, clean it, extract from it. Perl with its first-class-citizen regular expressions, the wealth of text manipulation libraries up on CPAN and its full Unicode support of all the latest standards, was and is still the best. Simply there's no other that can match Perl's text processing capabilities.
They also cite Perl's backing by the open source community, and its "getting a 'proper' OOP model in the last couple of years... People just don't know what Perl is capable of and instead prefer to be victims of FOMO ephemeral trends, chasing behind the new and shiny."

Perl creator Larry Wall answered questions from Slashdot's readers in 2016. So I'd be curious from Slashdot's readers about Perl today. (Share your experiences in the comments if you're still using Perl -- or Raku...)

Perl's drop to #9 means Delphi/Object Pascal rises up one rank, growing from 1.82% in August to 2.26% in September to claim September's #9 spot. "At number 11 and 1.86%, SQL is quite close to entering the top 10 again," notes TechRepublic. (SQL fell to #12 in June, which the site speculated was due to "the increased use of NoSQL databases for AI applications.")

But TechRepublic adds that the #1 most popular programming language (according to TIOBE) is still Python: Perl sits at 2.03% in TIOBE's proprietary ranking system in September, up from 0.64% in January. Last year, Perl held the 27th position... Python's unstoppable rise dipped slightly from 26.14% in August to 25.98% in September. Python is still well ahead of every other language on the index.

After its six-year journey to Saturn's moon Titan, Dragonfly's rotorcraft lander "will fly like a large drone," explains its web page, spending three years sampling multiple landing sites to characterize Titan's habitability and look for "precursors of the origin of life." "However, the project has undergone multiple replans impacting cost and schedule, resulting in a life-cycle cost increase of nearly $1 billion and over 2 years of delays," according to an announcement from NASA's Inspector General.

From the Inspector General's report: The cost increase and schedule delay were largely the result of NASA directing [Johns Hopkins University] Applied Physics Laboratory to conduct four replans between June 2019 and July 2023 early in Dragonfly's development. Justifications for these replans included the COVID-19 pandemic, supply chain issues, changes to accommodate a heavy-lift launch vehicle, projected funding challenges, and inflation."
But its higher-than-expected life-cycle cost over $3 billion "will continue to absorb an increasing proportion of the Planetary Science Division's total budget," meaning Dragonfly's increased cost (and "additional budget constraints") have "contributed to a gap of at least 12 years in New Frontiers [planetary science] mission launches, and will jeopardize future priorities outlined in the National Academies of Sciences, Engineering, and Medicine's (National Academies) decadal surveys."

Yet a NASA press release notes the mission "has cleared several key design, development and testing milestones and remains on track toward launch in July 2028." Its software-defined radio has been completed, and the part of the spectrometer which analyzes Titan's chemical components for "potentially biologically relevant" compounds (as well as structural and thermal testing of the lander's insulation).

"The mission is scheduled to launch in July 2028 on a SpaceX Falcon Heavy launch vehicle from NASA's Kennedy Space Center in Florida."

Thanks to long-time Slashdot reader schwit1 for spotting this news on the space/science blog "Behind the Black".

Paramount and Comcast's NBCUniversal are joining Microsoft in telling employees "they could face consequences if they don't return to the office more frequently," reports the Washington Post: NBCUniversal sent a memo to its employees telling them to return to the office four days a week starting in January [with the option to work remotely on Fridays]. Last week, Paramount told employees to return five days a week, with the first group starting in January. Both Paramount and NBCUniversal said they would offer severance packages to eligible employees who are unwilling or unable to make the switch... Companies have been cracking down on flexible work for the past several years, with Goldman Sachs being one of the first to implement a five-day office policy. Since then, others have joined in including Amazon, AT&T, JPMorgan Chase and the federal government...

Overall, the number of people working full time in office hasn't changed much over the past couple of years. About 61.7 percent of salaried employees worked from an office full time in August, according to data from university researchers Jose Maria Barrero, Nicholas Bloom and Steven J. Davis, who are studying the matter. That is down one percentage point from August 2024, their research shows. During the same period, the amount of people working remotely dropped two percentage points and those working hybrid schedules increased three points.

While most of the big office pushes are coming from some of the largest employers in the nation, the majority of companies in the United States aren't requiring full-time office work, said Brian Elliott [publisher of the Flex Index, which tracks flexible policies, and CEO]. And about half of U.S. workers are employed by smaller companies, he added. Some companies are capitalizing on the mandates, using flexible policies as a way to poach talent from their competitors, he said....

Some employers are using office mandates to purposely shed workers. An August report from the Federal Reserve Bank shows that "multiple districts reported reducing headcounts through attrition — encouraged, at times, by return-to-office policies and facilitated, at times, by greater automation, including new AI tools." Still, with fewer job openings in the market, some employees will have to comply with office mandates.
Announcing their return-to-office mandates, employers gave the following reasons:

• "In-person collaboration is absolutely vital to building and strengthening our culture and driving the success of our business. Being together helps us innovate, solve problems, share ideas, create, challenge one another, and build the relationships that will make this company great."
  
  -- Paramount CEO David Ellison (in a memo to staff)

• "It has become increasingly clear that we are better when we are together. As we have all experienced, in-person work and collaboration spark innovation, promote creativity, and build stronger connections."
  
  -- Adam Miller, NBCUniversal chief operating officer (in a memo to staff)

It was "little more than empty fields" five years ago — but it's now "a vast, heavily guarded complex stretching for 210 hectares (520 acres)," reports the Guardian, "the frontline of a multibillion-dollar criminal fraud industry fuelled by human trafficking and brutal violence." Myanmar, Cambodia and Laos have in recent years become havens for transnational crime syndicates running scam centres such as KK Park, which use enslaved workers to run complex online fraud and scamming schemes that generate huge profits. There have been some attempts to crack down on the centres and rescue the workers, who can be subjected to torture and trapped inside. But drone images and new research shared exclusively with the Guardian reveal that the number of such centres operating along the Thai-Myanmar border has more than doubled since Myanmar's military seized power in 2021, with construction continuing to this day.

Data from the Australian Strategic Policy Institute (Aspi), a defence thinktank in Canberra, shows that the number of Myanmar scam centres on the Thai border has increased from 11 to 27, and they have expanded in size by an average of 5.5 hectares a month. Drone images and photographs of KK Park and other Myanmar scam centres, Tai Chang and Shwe Kokko, taken by the Guardian in August show new features and active building work... Myanmar's military junta has allowed the spread of scam centres inside the country as these criminal enterprises have become an essential part of the country's conflict economy since the coup, helping it rise to the top of the global list of countries harbouring organised crime. According to Aspi's analysis, Myanmar's military, which has lost huge swathes of territory since the coup and is struggling to retain its grip on power, cannot take meaningful measures against the scam compounds without endangering its precarious relations with the crucial armed militias who are profiting from them.
While 7,000 people were freed from the compounds earlier this year, "Thai police estimated earlier this year that as many as 100,000 people were held inside Myanmar scam centres," the article notes.

Elsewhere the Guardian reports that "The centres are run by Chinese criminal gangs," and describes people who unwittingly came to Thailand for customer service jobs, only to be trafficked to Myanmar's guarded "cyberslavery compounds" and "forced to send thousands of messages from fake social-media profiles, posing as a rich American investor to swindle US real estate agents into cryptocurrency scams." Since 2020, south-east Asia's cyber-slavery industry has entrapped hundreds of thousands of people and forced them to perform "pig butchering" — the brutal term for building trust with a fraud target before scamming them. At first, the industry mostly captured Chinese and Taiwanese people, then it moved on to south-east Asians and Indians — and now Africans.

Criminal syndicates have been shifting towards scamming victims in the US and Europe after Chinese efforts to prevent its citizens being targeted, experts told the Guardian. That has led some trafficking networks to seek recruits with English-language and tech skills — including east Africans, thousands of whom are now estimated to be trapped inside south-east Asian compounds, says Benedikt Hofmann, the UN Office on Drugs and Crime's representative for south-east Asia and the Pacific.

Thanks to long-time Slashdot reader mspohr for sharing the article.

Apollo Chief Economist Torsten Slok, writing in a blog post There are fewer public companies to invest in, and firms that decide to do an IPO are getting older and older.

In 1999, the median age of IPOs was five years. In 2022, it was eight years, and today, the median age of IPOs has increased to 14 years.

The rise in the age of companies going public is not only a result of the Fed raising interest rates in 2022, but also the consequence of more companies wanting to stay private for longer to avoid the burdens of being public.

Combined with the domination of passive investing, failure of active managers and high correlation in public markets, and high concentration in a few stocks, the reality is that there is no alpha left in public markets.

Panasonic's market value has remained flat at approximately $25 billion over the past decade while rivals Hitachi, Sony and NEC have increased their valuations sixfold during the same period. The Osaka-based conglomerate announced a restructuring plan in May 2025 to eliminate 10,000 positions and streamline operations across its six operating companies and hundreds of product lines. The company generates $57 billion in annual revenue and maintains dominant positions in several markets. Financial Times reports: Within Panasonic's six operating companies and hundreds of product lines are industrial technology gems. The company supplies 70 per cent of the world's in-flight entertainment systems, its facial recognition technology is being used to measure brain health, and its EV battery plants are among the world's most efficient, according to auto industry insiders. Panasonic chief said in January that AI-driven hardware and software solutions would constitute 30% of revenues by 2035, compared to approximately 10% currently. But Goldman Sachs analyst Ryo Harada wrote recently that investors are seeking a growth strategy beyond the announced reforms.

An anonymous reader shares a report: The total number of GPUs sold for the second quarter of 2025 hit 11.6 million units, while desktop PC CPUs went up to 21.7 million units, according to a Jon Peddie Research report. This is a 27% increase in graphics card shipments and a 21.6% jump in CPU shipments from the last quarter, which is a change from the usual drop in deliveries we've seen in recent years.

"AIB prices dropped for midrange and entry-level, while high-end AIB prices increased, and most retail suppliers ran out of stock. This is very unusual for the second quarter," said Jon Peddie Research president Dr. Jon Peddie. "We think it is a continuation of higher prices expected due to the tariffs and buyers trying to get ahead of that."

As for the three major GPU manufacturers, Nvidia still has the lead, taking in 94% of the market -- an increase of 2.1% over the previous quarter -- while AMD is at a distant second place with 6%. This is still a much better position than Intel, though, whose market share is so small it did not even register on the chart.

For decades, the dry season in the Amazon rainforest has been getting drier. A new study, published on Tuesday, found that about 75% of the decrease in rainfall is directly linked to deforestation. From a report: The study, in Nature Communications, also found that tree loss was partly responsible for increased heat across the Amazon. Since 1985, the hottest days in the Amazon have warmed by about 2 degrees Celsius. About 16% of that increase, the researchers found, was because of deforestation.

Marco Franco, an assistant professor at the University of Sao Paulo who led the study, said he was surprised by the findings. "We were expecting to see deforestation as a driver, but not this much," he said. "It tells us a lot about what's going on in the biome." The Amazon rainforest is often called the lungs of the planet because its trees help to regulate the global climate by absorbing planet-warming carbon dioxide. But decades of large-scale logging and burning in the forest have recently flipped that script, and parts of the region have become net producers of greenhouse gases.

The U.S. government site climate.gov offered years' worth of climate-science information — until its production team was fired earlier this summer. The site "is technically still online, but has been intentionally buried by the team of political appointees who now run the National Oceanic and Atmospheric Administration," reports the Guardian.

But now "a team of climate communication experts — including many members of the former climate.gov team — is working to resurrect its content into a new organization with an expanded mission." Their effort's new website, climate.us, would not only offer public-facing interpretations of climate science, but could also begin to directly offer climate-related services, such as assisting local governments with mapping increased flooding risk due to climate change. The effort is being led by climate.gov's former managing editor, Rebecca Lindsey, who, although now unemployed, has recruited several of her former colleagues to volunteer their time in an attempt to build climate.us into a thriving non-profit organization... "None of us were ready to let go of climate.gov and the mission...." Lindsey's new team has received a steady flow of outside support, including legal support, and a short-term grant that has helped them develop a vision for what they'd like to do next...

As multiyear veterans of the federal bureaucracy, at times they've been surprised by the possibilities that the new effort might offer. "We're allowed to use TikTok now," said Lindsey. "We're allowed to have a little bit of fun...

The climate.us team is also in the process of soft-launching a crowdsourced fundraising drive that Lindsey hopes they can leverage into more permanent support from a major foundation.... "[W]e do not yet have the sort of large operational funding that we will need if we're going to actually transition climate.gov operations to the non-profit space." In the meantime, Lindsey and her team have found themselves spending the summer knee-deep in the logistics of building a major non-profit from scratch.

"AI web crawlers are strip-mining the web in their perpetual hunt for ever more content to feed into their Large Language Model mills," argues Steven J. Vaughan-Nichols at the Register.

And "when AI searchbots, with Meta (52% of AI searchbot traffic), Google (23%), and OpenAI (20%) leading the way, clobber websites with as much as 30 Terabits in a single surge, they're damaging even the largest companies' site performance..." How much traffic do they account for? According to Cloudflare, a major content delivery network (CDN) force, 30% of global web traffic now comes from bots. Leading the way and growing fast? AI bots... Anyone who runs a website, though, knows there's a huge, honking difference between the old-style crawlers and today's AI crawlers. The new ones are site killers. Fastly warns that they're causing "performance degradation, service disruption, and increased operational costs." Why? Because they're hammering websites with traffic spikes that can reach up to ten or even twenty times normal levels within minutes.

Moreover, AI crawlers are much more aggressive than standard crawlers. As the InMotionhosting web hosting company notes, they also tend to disregard crawl delays or bandwidth-saving guidelines and extract full page text, and sometimes attempt to follow dynamic links or scripts. The result? If you're using a shared server for your website, as many small businesses do, even if your site isn't being shaken down for content, other sites on the same hardware with the same Internet pipe may be getting hit. This means your site's performance drops through the floor even if an AI crawler isn't raiding your website...

AI crawlers don't direct users back to the original sources. They kick our sites around, return nothing, and we're left trying to decide how we're to make a living in the AI-driven web world. Yes, of course, we can try to fend them off with logins, paywalls, CAPTCHA challenges, and sophisticated anti-bot technologies. You know one thing AI is good at? It's getting around those walls. As for robots.txt files, the old-school way of blocking crawlers? Many — most? — AI crawlers simply ignore them... There are efforts afoot to supplement robots.txt with llms.txt files. This is a proposed standard to provide LLM-friendly content that LLMs can access without compromising the site's performance. Not everyone is thrilled with this approach, though, and it may yet come to nothing.

In the meantime, to combat excessive crawling, some infrastructure providers, such as Cloudflare, now offer default bot-blocking services to block AI crawlers and provide mechanisms to deter AI companies from accessing their data.

When it comes to nuclear fusion energy, "How do we advance fusion as fast as possible?" asks the CEO of Commonwealth Fusion Systems. They've just raised $863 million from Nvidia, Google, the BIll Gates-founded Breakthrough Energy Ventures and nearly two dozen more investors, which "may prove helpful as the company develops its supply chain and searches for partners to build its power plants and buy electricity," reports TechCrunch.

Commonwealth's CEO/co-founder Bob Mumgaard says "This round of capital isn't just about fusion just generally as a concept... It's about how do we go to make fusion into a commercial industrial endeavor." The Massachusetts-based company has raised nearly $3 billion to date, the most of any fusion startup. Commonwealth Fusion Systems (CFS) previously raised a $1.8 billion round in 2021...

CFS is currently building a prototype reactor called Sparc in a Boston suburb. The company expects to turn that device on later next year and achieve scientific breakeven in 2027, a milestone in which the fusion reaction produces more energy than was required to ignite it. Though Sparc isn't designed to sell power to the grid, it's still vital to CFS's success. "There are parts of the modeling and the physics that we don't yet understand," Saskia Mordijck, an associate professor of physics at the College of William and Mary, told TechCrunch. "It's always an open question when you turn on a completely new device that it might go into plasma regimes we've never been into, that maybe we uncover things that we just did not expect." Assuming Sparc doesn't reveal any major problems, CFS expects to begin construction on Arc, its commercial-scale power plant, in Virginia starting in 2027 or 2028...

"We know that this kind of idea should work," Mordijck said. "The question is naturally, how will it perform?" Investors appear to like what they've seen so far. The list of participants in the Series B2 round is lengthy. No single investor led the round, and a number of existing investors increased their stakes, said Ally Yost, CFS's senior vice president of corporate development... The new round will help CFS make progress on Sparc, but it will not be enough to build Arc, which will likely cost several billion dollars, Mumgaard said.
"As advances in computing and AI have quickened the pace of research and development, the sector has become a hotbed of startup and investor activity," the article points out.

And CEO Mumgaard told TechCrunch that their Sparc prototype will prove the soundness of the science — but it's also important to learn "the capabilities that you need to be able to deliver it. It's also to have the receipts, know what these things cost!"