Trending Now - Ex-deepmind Scientist Secures $1.1B for AI Startup Valued at $5.1B

WHO:

Bloomberg Markets - David Silver, ex-Google DeepMind researcher, is the founder of the new AI startup Ineffable Intelligence.

Techmeme - David Silver is described as a Principal Scientist at Google DeepMind.

WHAT:

Fox News - Kevin O'Leary's AI data center project in Utah is expected to generate about three gigawatts of power capacity.

Fox News - O'Leary stated, "We're going to get this done and move it forward and provide the computing power to our AI companies that defend the country."

Fox News - Kevin O'Leary announced plans for a massive AI data center project in Utah, which will span roughly 40,000 acres and generate about three gigawatts of power capacity. O'Leary stated, "We're going to get this done and move it forward and provide the computing power to our AI companies that defend the country."

Fast Company - Amazon announced layoffs of 16,000 employees, bringing corporate staff reductions to roughly 10% of its workforce.

Fast Company - CEO Andy Jassy stated that the layoffs were not "really financially driven, and it’s not even really AI-driven, not right now at least."

Forbes - Mariana Minerals aims to produce 50,000 tons of refined copper a year by 2030 from both new and recycled sources, with a goal of generating hundreds of millions of dollars in revenue from its operations.

Forbes - Mariana Minerals is utilizing Boston Dynamics’ Spot robot dog to patrol the 10,000-acre Copper One mine site.

Forbes - Mariana's platform will analyze ore in real time from sensor data and act as a communication layer between automated drill rigs and haul trucks.

CNBC - Customers Bank's CEO Sam Sidhu stated that the project with OpenAI aims to improve the bank's efficiency ratio from about 49 to the low 40s, boosting returns starting next year.

CNBC - Sidhu revealed that the prepared remarks during a conference call were delivered by his AI clone, marking a potential first for a public company earnings call.

Forbes - Mariana Minerals is launching the world’s first autonomous mining operation at its Copper One mine in remote southeast Utah, utilizing automated drills and robotic haul trucks.

Forbes - Mariana Minerals aims to produce 50,000 tons of refined copper a year by 2030 from both new and recycled sources.

Forbes - Mariana's CEO, Turner Caldwell, stated, "This will be the first mine operating with end-to-end autonomy," and expects a 30% reduction in refining costs and a 40% to 50% reduction in mining costs.

CNBC - Customers Bank's partnership with OpenAI aims to automate core banking processes, reducing loan timelines from weeks to days.

CNBC - Customers Bank CEO Sam Sidhu stated that the project will improve the firm's efficiency ratio from about 49 to the low 40s, boosting returns starting next year.

CNBC - Sidhu mentioned that the goal of the partnership is to create "end-to-end, automated agentic led workflow" for lending, deposits, and payments.

CNBC - Customers Bank has signed a multiyear partnership with OpenAI in which OpenAI will embed engineers at the bank to assist in automating lending and client onboarding.

CNBC - Customers Bank CEO Sam Sidhu stated, "The goal here is end-to-end, automated agentic led workflow" for lending, deposits, and payments.

CNBC - OpenAI's chief revenue officer Denise Dresser said, "We're proud to help Customers Bank as they build a more intelligent operating model that empowers employees, strengthens client service, and sets a new standard for regional banking."

Techmeme - David Silver's startup, Ineffable Intelligence, aims to build AI that learns without human data.

CNBC - Customers Bank has a total asset value of $25.9 billion.

CNBC - The partnership with OpenAI aims to automate core banking processes, reducing loan timelines from weeks to days.

CNBC - Customers Bank CEO Sam Sidhu stated that the project will improve the firm's efficiency ratio from about 49 to the low 40s, boosting returns starting next year.

Techmeme - David Silver has given the world its first glimpse of superintelligence through his work at Ineffable Intelligence.

CNBC - Customers Bank has signed a multiyear partnership with OpenAI to automate lending and client onboarding.

CNBC - The partnership aims to improve the bank's efficiency ratio from about 49 to the low 40s, boosting returns starting next year.

CNBC - Customers Bank CEO Sam Sidhu stated that the prepared remarks during a conference call were delivered by his AI clone, marking a potential first for a public company earnings call.

Bloomberg Markets - Ineffable Intelligence has raised $1.1 billion in funding.

Techmeme - The startup is valued at $5.1 billion.

Techmeme - The company aims to build AI "superlearners."

WHERE:

Bloomberg Markets - The location of the startup is not specified in the articles.

WHEN:

Techmeme - The funding round is referred to as a seed round.

WHY:

Fox News - O'Leary emphasized the need for the facility to compete with China in AI computing power, stating, "It shows the Chinese and the rest of the world we're not messing around."

Forbes - Mariana Minerals is addressing a critical shortage of mining expertise in the U.S. as the labor pool for mining has halved in the last 20 years and is expected to halve again in the next 10 years.

CNBC - The partnership with OpenAI is part of Sidhu's strategy to get ahead of other banks in the industry's race to transform itself using AI agents as a new digital workforce.

Forbes - The previous operator of the Copper One mine shut down in 2024 due to rising operating costs and difficulties finding human workers.

Forbes - Caldwell noted that the labor pool for mining has halved in the last 20 years and is on pace to halve again in the next 10 years, creating a critical shortage of expertise.

Techmeme - The motivation behind Ineffable Intelligence is to develop AI "superlearners" that can operate independently of human input.

Techmeme - The motivation behind the startup is to develop advanced AI capabilities, specifically "superlearners."

HOW:

CNBC - The relationship with OpenAI will involve co-creating enterprise solutions that could potentially be sold to other banks in the future.

Bloomberg Markets - The funding was secured from investors, including Sequoia and Nvidia.

(UPDATED April 28, 2026 13:25 UTC)

Kevin O'Leary's AI data center project in Utah is set to generate approximately three gigawatts of power capacity, a significant boost for the tech industry. O'Leary emphasized the importance of this facility in providing essential computing power to AI companies that support national defense, declaring, "We're going to get this done and move it forward." He also highlighted the competitive edge it will give the U.S. against China in AI computing, stating, "It shows the Chinese and the rest of the world we're not messing around."

(UPDATED April 28, 2026 11:30 UTC)

Kevin O'Leary has announced an ambitious plan for a massive AI data center project in Utah, covering approximately 40,000 acres and expected to generate around three gigawatts of power capacity. He emphasized the importance of this initiative by stating, "We're going to get this done and move it forward and provide the computing power to our AI companies that defend the country." This project aims to bolster the technological infrastructure necessary for supporting national defense through advanced artificial intelligence.

(UPDATED April 28, 2026 09:40 UTC)

Amazon has announced layoffs affecting 16,000 employees, which represents about 10% of its workforce, although CEO Andy Jassy clarified that these cuts are not primarily driven by financial or AI concerns at this time. Meanwhile, Mariana Minerals is setting ambitious goals to produce 50,000 tons of refined copper annually by 2030, leveraging both new and recycled sources to generate significant revenue. To tackle the critical shortage of mining expertise in the U.S., Mariana is employing innovative technology, including Boston Dynamics’ Spot robot dog for site patrols and a platform that analyzes ore in real time, enhancing communication between automated drill rigs and haul trucks.

(UPDATED April 28, 2026 07:50 UTC)

Customers Bank's CEO Sam Sidhu announced that the bank is collaborating with OpenAI to enhance its efficiency ratio from around 49 to the low 40s, with the goal of boosting returns starting next year. In a groundbreaking move, Sidhu revealed that his AI clone delivered prepared remarks during a recent conference call, potentially marking the first time this has happened in a public company earnings call. This partnership with OpenAI is part of Sidhu's strategy to position the bank ahead of its competitors in the industry's ongoing transformation through AI agents as a new digital workforce.

(UPDATED April 28, 2026 05:53 UTC)

Mariana Minerals is set to launch the world’s first autonomous mining operation at its Copper One mine in southeast Utah, featuring automated drills and robotic haul trucks. The company aims to produce 50,000 tons of refined copper annually by 2030, with CEO Turner Caldwell predicting significant cost reductions in both refining and mining. This innovative approach comes after the previous operator shut down the mine in 2024 due to rising costs and a dwindling labor pool, which has halved in the last 20 years and is expected to halve again in the next decade.

(UPDATED April 28, 2026 04:11 UTC)

Customers Bank has announced a partnership with OpenAI aimed at automating core banking processes, which will significantly reduce loan timelines from weeks to just days. CEO Sam Sidhu highlighted that this initiative is expected to improve the bank's efficiency ratio from around 49 to the low 40s, with enhanced returns anticipated starting next year. The collaboration will focus on developing an "end-to-end, automated agentic led workflow" for lending, deposits, and payments, and may lead to enterprise solutions that could be marketed to other banks in the future.

(UPDATED April 27, 2026 23:14 UTC)

Customers Bank has announced a multiyear partnership with OpenAI, which will involve embedding engineers at the bank to help automate lending and client onboarding processes. CEO Sam Sidhu emphasized that the aim is to create an end-to-end, automated workflow for lending, deposits, and payments. OpenAI's chief revenue officer, Denise Dresser, expressed pride in supporting Customers Bank as they work towards a more intelligent operating model that enhances employee capabilities and client service.

(UPDATED April 27, 2026 21:19 UTC)

David Silver's startup, Ineffable Intelligence, is making waves with its goal of creating AI that learns without relying on human data. The motivation behind this innovative venture is to develop what they call "superlearners," capable of operating independently of human input. This groundbreaking approach could redefine how artificial intelligence evolves and interacts with the world.

(UPDATED April 27, 2026 19:20 UTC)

Customers Bank has announced a total asset value of $25.9 billion and is partnering with OpenAI to automate core banking processes, which will significantly reduce loan timelines from weeks to just days. CEO Sam Sidhu highlighted that this initiative is expected to improve the firm's efficiency ratio from around 49 to the low 40s, with returns anticipated to start increasing next year. In other news, David Silver has unveiled the first glimpse of superintelligence through his innovative work at Ineffable Intelligence.

(UPDATED April 27, 2026 17:23 UTC)

Customers Bank has announced a multiyear partnership with OpenAI to automate its lending and client onboarding processes. This collaboration aims to enhance the bank's efficiency ratio from approximately 49 to the low 40s, with expected improvements in returns starting next year. In a notable first for a public company earnings call, Customers Bank CEO Sam Sidhu revealed that his prepared remarks were delivered by his AI clone during a recent conference call.

(UPDATED April 27, 2026 15:35 UTC)

David Silver, a Principal Scientist at Google DeepMind, has launched a new AI startup called Ineffable Intelligence, which has successfully raised $1.1 billion in a seed funding round and is now valued at $5.1 billion. The company aims to develop advanced AI capabilities, specifically focusing on creating "superlearners." Investors in this venture include notable firms such as Sequoia and Nvidia.