AI
Anthropic Signs $11.6B Akamai Cloud Deal With Potential to Reach $20B
Anthropic will spend $11.6 billion on Akamai cloud infrastructure over seven years, in a deal that could expand to roughly $20 billion.
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AIManus Seeks $500 Million at $4 Billion Valuation After Meta Split
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EnterpriseJensen Huang Says Nvidia Revenue Could Grow 70% Next Year
Nvidia CEO Jensen Huang says revenue could grow 70% next year, citing surging demand for AI infrastructure and broad visibility across customers and partners.
AIMicrosoft Records $3.2 Billion Anthropic Gain as OpenAI Investment Slips
Microsoft recorded a $3.2 billion quarterly gain from Anthropic while marking down its OpenAI investment by about $600 million in its fiscal fourth quarter.
BriefDimension Capital Raises $800 Million Third Fund as AI and Deep Tech Investments Accelerate
Dimension Capital has raised an $800 million third fund, expanding its investment strategy focused on AI, biotechnology and deep technology startups.
AIAI Industry Faces a Multi-Trillion Dollar Revenue Challenge as Infrastructure Spending Accelerates
AI companies may need to generate trillions in revenue to justify soaring infrastructure investments, as analysts assess the economics behind hyperscale AI expansion.
ClimateGoogle and Amazon Reveal the Rising Cost of the AI Boom
Google and Amazon are highlighting the growing financial and environmental costs of artificial intelligence as AI infrastructure, data centres, and computing demands continue to expand.
AIOpenAI Considers Giving 5% Equity to a US Sovereign Wealth Fund Ahead of IPO
OpenAI is reportedly considering donating 5% of its equity to a US sovereign wealth fund before its planned IPO. Learn what the proposal could mean for AI regulation, public ownership, and…
EnterpriseMicrosoft Unveils Frontier Company With $2.5 Billion Investment to Accelerate Enterprise AI Adoption
Microsoft launches Microsoft Frontier Company with a $2.5 billion investment to help businesses deploy AI solutions, integrate multiple AI models, and improve enterprise productivity at…
AIVenice AI Reaches Unicorn Status After Securing $65M Series A Funding
Venice AI has achieved unicorn status after raising $65 million in Series A funding. Discover how the privacy-first AI platform reached a $1 billion valuation with rapid user growth and…
BriefBaseten Eyes $1.5 Billion Funding Round as AI Inference Demand Surges
AI inference startup Baseten is reportedly raising $1.5 billion at a valuation of up to $13 billion, highlighting strong investor confidence in AI infrastructure and inference technology…
AIGovernment Opens Fast-Track Grid Access for AI Data Centres
The U.S. government is accelerating power grid connections for AI data centres to support growing artificial intelligence infrastructure, reduce project delays, and strengthen national…