Daily Tech News 17 October 2026

Top Story

CoreWeave, an AI company involved in... Nobody really knows what they do, it would seem... Is blaming the implosion of the planned IPO by Australian competitor Firmus (the names keep getting worse) for the fact that it is $50 billion in debt with a bond yield of 16%. (AFR) (archive site)

I think you're getting out over your oars there, CoreWeave.

Tech News

Here's the Asus ProArt P16 RTX Spark laptop, which delivers up to 128GB of unified RAM should you want such a thing. (WCCFTech)

Is it good? I guess.

Is it affordable? Decidedly not.

Does it have the Four Essential Keys? They are nowhere to be found.
Here's the HP ZBook Ultra G3a Ryzen AI Max Pro 495 laptop, which delivers up to 192GB of unified RAM should you want such a thing. (Notebook Check)

Is it good? I guess.

Is it affordable? It's an HP workstation model. Guess.

Does it have the Four Essential Keys? Shockingly, yes.
The leap second has leapt the building. (Smithsonian)

Leap seconds were introduced by astronomers to make sure that UTC time that normal people use never drifted more than a second from UT1 time that abnormal people astronomers use.

UT1 measures what time it really is based on the rotation of the Earth. The problem is that while this measure is definitive, it is not consistent: The Earth wobbles.

So after fifty years of faffing about, astronomers decided it was all more trouble than it was worth, and dropped it in favour of a leap hour, which is not expected to arise for a very long time.

Musical Interlude

It's the same song as this day last year. YouTube is playing up for me right now, so I can't easily search for a new one.

Disclaimer: But it's a good song.

Posted by: Pixy Misa at 04:00 AM

Comments

(Jump to bottom of comments)

1 w00t

Posted by: m at October 17, 2026 04:00 AM (odBC9)

2 I nooded first and w00ted first! A bifecta! Duofecta! Something!

Posted by: m at October 17, 2026 04:02 AM (odBC9)

3 Guten morgen, horde.

Posted by: clarence at October 17, 2026 04:03 AM (tiV+x)

4 Someone should really tell these laptop manufacturers what "essential" means.

Posted by: mikeski at October 17, 2026 04:03 AM (VHUov)

5 >>>UT1 time

I was misreading that as an initialism for

Urinary Tract 1nfection time

ewww

Posted by: m at October 17, 2026 04:12 AM (odBC9)

6 In a memo first reported by Bloomberg, CoreWeave chief executive Mike Intrator said that “factors like the weakness and delays surrounding the attempted IPOs and debt financings” were “bleeding into the narrative”.
****

Tell the world you can't deliver what you are basing your IPO on without telling the world you can't deliver.

Posted by: clarence at October 17, 2026 04:14 AM (tiV+x)

7 As far as HP is concerned, they lost me a long time ago for lack of reliability in their hardware. Have they gotten better? Don't know, don't care.

Posted by: clarence at October 17, 2026 04:19 AM (tiV+x)

8 asmongold on Shane Gillis
3:36

https://tinyurl.com/2nuhrfu6

Posted by: m at October 17, 2026 04:20 AM (odBC9)

9 asmongold on Shane Gillis
****

That sucked. Badly.

Posted by: clarence at October 17, 2026 04:24 AM (tiV+x)

10 9 asmongold on Shane Gillis
****

That sucked. Badly.
Posted by: clarence at October 17, 2026 04:24 AM (tiV+x)

How? Seriously, I'd like your opinion.

Posted by: m at October 17, 2026 04:27 AM (odBC9)

11 I worked on product development at a large company more than once in my working years. I knew the product we were developing was a bust, but being a loyal engineer, I plowed ahead with no one listening in the higher authority. Sure enough, the customers weren't buying the product and we had a meeting to decide to keep going. I could have saved the company lots and lots of money just by pulling the plug on the project, but the know it all management never listen. I wonder how often this happens in tech companies.

Posted by: Colin at October 17, 2026 04:32 AM (CiQE7)

12 Goodnight, very tired, yawns, must sleep.

Posted by: Gmac-WTF did you think was going to happen at October 17, 2026 04:42 AM (Q/FnY)

13 Mornin'

Posted by: Puddleglum at work at October 17, 2026 04:42 AM (gllTv)

14 9 asmongold on Shane Gillis
****

That sucked. Badly.
Posted by: clarence at October 17, 2026 04:24 AM (tiV+x)

To be sure, asmongold is an acquired taste.
I think he's funny and has his finger on the pulse of the Hot New Stories. Like ace does.

Posted by: m at October 17, 2026 04:43 AM (odBC9)

15 Disclaimer: But it's a good song.

It is indeed. The video goes well with the song. Not sure what town in the UK was shown (Northern England somewhere) but the US shots were Western PA. Down around Aliquippa. Maybe Ambridge too.

Posted by: Puddleglum at work at October 17, 2026 04:47 AM (gllTv)

16 I think you're getting out over your oars there, CoreWeave.

CoreWeave basically builds data centers for AI companies to rent/lease space at to run their models.

Since Wall St. is now getting nervous about the debt load with AI build-out and whether the debt is ever going to be paid they are pulling out of the starting side of the AI bubble.

So memory & chip manufacturers and dats center corps are getting hit hard.

The bubble is coming to an end, I believe.
Let’s just hope it’s a soft landing.

Posted by: SpeakingOf at October 17, 2026 04:53 AM (6ydKt)

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