Sam Altman called Elon Musk 'homeboy' in a public exchange on X, criticizing Musk's proposal for orbital AI data centers as speculative compared to OpenAI's terrestrial Stargate infrastructure project…
Nvidia and a consortium of tech companies are in advanced talks to acquire a minority stake in Lancium, the power infrastructure developer behind the Stargate AI data center campus in Texas, in a deal…
The US Commerce Department reclassified the United Arab Emirates from export control groups D:3 and D:4 to Group A:5, allowing license-free access to advanced AI chips from Nvidia and AMD. The move, t…
Bank of America extended a $520 million credit line to OpenAI in recent weeks, marking its first loan to the company after months of refusal. The move signals the bank's interest in securing an adviso…
A Floodlight investigation found that Texas regulators have allowed AI data centers like OpenAI's Stargate to bypass major air permits by obtaining minor permits, enabling construction of natural-gas …
Founders launching AI-built apps must evaluate code ownership, build limits, data security, and pre-launch technical reviews, as highlighted by Builder.ai's bankruptcy after raising $450 million from …
SK Telecom, SoftBank, and the Center for Social Value Enhancement Studies agreed to develop a common framework for measuring the social value of AI and ICT services, aiming to provide objective metric…
Bank of America extended a $520 million credit line to OpenAI, reversing an earlier rejection, as the AI company prepares for a potential IPO that could value it at nearly $1 trillion. The loan positi…
SambaNova, an AI chip startup, raised fresh funding at an $11 billion valuation, up from roughly $2 billion earlier this year, as investors race to back alternatives to Nvidia. The company builds chip…
AI chip maker SambaNova Systems raised $1 billion at an $11 billion valuation in a Series F round led by General Atlantic, five months after its Series E. The company also secured JPMorganChase as an …
Rapidus, a Japanese semiconductor startup backed by eight major firms including Toyota and Sony, is pursuing 2-nanometer logic production with a pilot line operating in Chitose since April 2025 and ma…
Samsung Electronics reported an 18-fold surge in second-quarter operating profit to 89.4 trillion won ($58.4 billion), driven by rising memory chip prices amid AI demand, but a subsequent share slump …
Thrive Holdings is raising $2 billion from SoftBank, Altimeter, and D1 Capital Partners to acquire and rebuild services firms with AI, marking its first outside funding round. The roll-up strategy foc…
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are personally courting tech CEOs to secure AI infrastructure investments, with Macron texting SoftBank's Masayoshi Son to land…
Japan launched Noetra, a ¥380 billion AI company backed by SoftBank, Sony, NEC, Honda, and METI, to secure national leadership in physical AI and robotics. The coalition aims to reduce reliance on for…
French President Emmanuel Macron and Indian Prime Minister Narendra Modi are personally courting tech CEOs to secure AI infrastructure investments, resulting in tens of billions of dollars in commitme…
Over $610 billion in AI hardware capital expenditure was committed globally in a single week, including South Korea's $550B memory fab investment, Japan's $6B for AI model development, and Qualcomm's …
Abu Dhabi's MGX has raised approximately $49 billion for one of the largest AI investment funds ever, targeting AI infrastructure including semiconductors and data centers. The fund, backed by soverei…
Japan announced plans to develop a sovereign AI model and deploy 10 million AI-equipped robots across 18 sectors by 2040, investing approximately $6 billion through the Noetra consortium led by SoftBa…
Japan's Ministry of Economy, Trade and Industry (METI) has committed up to 1 trillion yen ($6.2 billion) over five years to back Noetra, a physical AI consortium led by SoftBank, Sony, NEC, and Honda,…