AI
Groq Raises $350M at $3.5B Valuation to Expand AI Inference Cloud
Groq raised $350 million at a $3.5 billion valuation to expand its AI inference cloud following its licensing agreement and deeper partnership with Nvidia.
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BriefNvidia Invests $1.5B in SB Energy, Backs OpenAI Ohio Data Centre
Nvidia will invest $1.5 billion in SB Energy and support OpenAI’s Ohio data centre, with Nvidia serving as the exclusive AI compute infrastructure provider.
BriefSpaceX Cursor Acquisition Closes in $60 Billion Deal
The SpaceX Cursor acquisition has closed in a $60 billion deal, bringing the AI coding startup into SpaceX’s expanding artificial intelligence business.
BriefOpenAI Previews Ultrafast Mode for GPT-5.6 Sol at Up to 14x Speed
OpenAI introduces Ultrafast, a preview API service tier that runs GPT-5.6 Sol up to 14x faster and delivers up to output tokens per second.
AINvidia’s $500B AI Infrastructure Financing Plan Bets on GPU Value
Nvidia’s $500 billion AI infrastructure financing plan uses institutional capital and limited residual-value support to help fund new AI data centres.
BriefFermi America Names Lee McIntire CEO as Project Matador Advances
Fermi America names Lee McIntire CEO as Project Matador advances, following its first binding TensorWave lease for the expanding Texas AI energy campus.
EnterpriseRippling Sues Runlayer for Patent Infringement as AI Startup Legal Fight Escalates
Rippling has sued AI startup Runlayer for allegedly infringing three patents, escalating a legal dispute that began with Runlayer’s lawsuit.
BriefSituational Awareness Invests $400 Million in Chip Startup Source Foundry
AI-focused hedge fund Situational Awareness has invested another $400 million in chip manufacturing startup Source Foundry, bringing its total investment to $500 million.
ClimateSpaceX’s Terafab to Rely on Natural Gas Power Plants, Not Solar
SpaceX plans to power its massive Terafab semiconductor factory in Texas with natural gas power plants and large battery arrays rather than terrestrial solar energy.
StartupsNaïve Raises $28.5 Million to Automate the Work of Running a Company With AI Agents
Naïve has raised $28.5 million to help AI agents automate business setup and operations, from company formation and payments to cloud infrastructure and software.
AIMirendil Signs $100M+ Google Cloud Deal to Advance Self-Improving AI
AI startup Mirendil has signed a multiyear Google Cloud agreement worth more than $100 million to accelerate research into self-improving AI.
BriefAnthropic Forms AI Chip Design Team to Build Custom Silicon
Anthropic has confirmed it is building a custom AI chip design team to develop silicon that improves Claude’s speed and efficiency.