OpenAI has filed confidential paperwork for an IPO and plans a separate employee share sale at the same $852 billion valuation it set in March, according to The Information, rather than a completed $7…
OpenAI has pledged to fully fund infrastructure costs, support new power generation, and limit water use in a letter to Texas Gov. Greg Abbott, responding to his August 3rd freeze on data center appro…
Skild AI, a Pittsburgh-based robotics startup founded in 2023 by Deepak Pathak and Abhinav Gupta, has raised over $2.2 billion in total funding, with a $1.4 billion Series C led by SoftBank and joined…
Nvidia and South Korea's SK Group announced a partnership valued at over $500 billion to develop large-scale AI data centers, including a two-gigawatt facility powered by Nvidia's Vera Rubin chips and…
NVIDIA Corp. is investing up to $3 billion in Lancium, a power infrastructure developer, to secure energy for AI data centers, with an upfront $2 billion for a 20% stake and a potential $1 billion mor…
Intel plans to raise $15 billion by selling common stock, one of the largest equity raises in semiconductor history, to fund its capital expenditure guidance of over $20 billion for 2026 and its expan…
OpenAI has announced a $1.5 billion data centre campus in Effingham County, Georgia, to house compute infrastructure for training and serving AI models. The project is part of a broader trend of major…
Nvidia is reportedly investing up to $3 billion in Lancium, a power-infrastructure developer, to secure access to power for its AI accelerators. The deal includes a $2 billion stake for about 20% of L…
Nvidia is reportedly investing up to $3 billion in Lancium, a Texas power-infrastructure developer tied to the Stargate data-center project, with an initial $2 billion for a 20% stake and up to $1 bil…
Amazon confirmed Friday it is financially backing a massive private gas power plant in Pecos County, Texas, that could become the single largest source of greenhouse gas emissions in the US, with 35 t…
Arm Ltd., the Cambridge-based chip designer owned by Japan's SoftBank, may gain a stronger rival to Intel in virtual radio access networks (RAN) through a startup called Kenyi, founded by a Qualcomm e…
Microsoft Corp. disclosed that OpenAI accounts for approximately 70% of its AI sales, with OpenAI's revenue reaching about $24.1 billion on an annualized basis in fiscal 2026. The partnership, restruc…
China's ChangXin Memory Technologies (CXMT) has secured HP, Asus, and Acer as DRAM customers for products sold outside the US, bypassing US market exclusions and proving its chips can be embedded in g…
A Chinese open-weight AI model called Kimi K3, developed by Beijing-based Moonshot AI, has alarmed US AI executives due to its high performance at a fraction of the cost of proprietary models. OpenAI …
Bernstein projects the global server market will exceed $1 trillion by 2028, driven by accelerating AI infrastructure spending, according to its Q2 2026 AI tracker report released on August 3, 2026. T…
Thinking Machines released Inkling-Small, a lightweight AI model that is a quarter the size of its predecessor Inkling but delivers equivalent performance, cutting GPU memory use by 75% to enable loca…
NXP Semiconductors is in talks to acquire Ambarella, a Santa Clara chip designer specializing in low-power AI processors for camera systems in cars, security devices, and robots, according to the Fina…
Amazon completed its $50 billion investment in OpenAI, the largest piece of OpenAI's record $110 billion financing round announced February 27 at a $730 billion pre-money valuation, according to the F…
Amazon finalized its $50 billion investment in OpenAI on July 31, releasing the remaining $35 billion tranche after OpenAI met undisclosed performance milestones, as confirmed by an SEC filing. The de…
FedEx Corp. is scaling up use of Dexterity Inc.'s AI-enabled trailer-loading robot at its Hagerstown, Maryland, hub after years of validation, aiming to improve worker safety and network efficiency. T…