Karnataka's plan to build India's first AI-focused smart township in Bidadi faces a land acquisition hurdle as farmers oppose the 499-acre initial phase. The state government issued a final notificati…
OpenAI declared itself an advertising company at Cannes Lions, projecting $2.5 billion in ad revenue for 2026 and a $100 billion target by 2030. The company is pitching its ChatGPT platform as a shift…
Framework Ventures closed a $400 million fourth fund to invest in AI, robotics, energy, and Web3, moving beyond its crypto and DeFi roots. The firm has already deployed roughly half of the fund, with …
Anthropic has told U.S. senators that Alibaba ran the largest known distillation attack on an American AI model, harvesting nearly 29 million exchanges with Claude through 25,000 fake accounts to trai…
California Governor Gavin Newsom signed an executive order on May 21 directing state agencies to study AI's impact on jobs, including a public dashboard to track AI-related job losses across sectors. …
Chinese AI and chip companies are flooding domestic markets with IPOs as US restrictions block access to New York listings. Moore Threads Technology surged 425% on its Shanghai debut, MetaX Integrated…
South Korea's KOSPI crashed nearly 10% on June 23, triggering a circuit breaker, after Broadcom's Q3 AI chip guidance of $16 billion missed Wall Street's $17.2 billion estimate. The miss exposed the f…
The Pentagon is formalizing AI's role in military targeting by revising classified doctrine and moving Project Maven to program-of-record status, with contract ceilings raised to nearly $1.3 billion. …
The White House has imposed a government checkpoint on OpenAI's GPT-5.6, requiring federal approval for early access users, marking a shift from voluntary AI safety commitments to direct government in…
Onsemi announced a $7 billion all-stock acquisition of Synaptics on June 25, betting that AI will shift from cloud data centers to edge devices like cars and factory equipment. The deal, expected to c…
General Intuition, founded by Pim de Witte, raised $320 million in a round led by Khosla Ventures, valuing the company at $2.3 billion. The startup uses gaming footage from de Witte's clip-sharing pla…
OpenAI is leaning toward a 2027 IPO after CFO Sarah Friar warned the company isn't ready for public markets, citing a $3.7 billion cash burn in Q1 2026 and trillions in infrastructure commitments. The…
Patronus AI raised $50 million in Series B funding to build simulation environments that stress-test AI agents before deployment in real enterprise systems. The round was led by Greenfield Partners wi…
The European Commission has selected Milan-based startup Domyn to lead the EUROPA consortium, tasked with building an open-source frontier AI model exceeding 400 billion parameters in all 24 EU langua…
Unconventional AI, a two-month-old chip startup founded by Naveen Rao, raised $475 million in seed funding at a $4.5 billion valuation to develop hardware that could cut AI inference power consumption…
Moody's Ratings warned that rapid data center growth is creating credit risks for state and local governments due to strain on electricity and water infrastructure. At least 14 states have considered …
Andreessen Horowitz led a $15 million Series A round for Netris, a network automation startup that helps GPU cloud providers manage the networking layer beneath AI clusters. The investment highlights …
Chinese AI lab DeepSeek is doubling its headcount across departments, including a new Harness team for agent products, as it shifts from a research-focused operation to a product company. The expansio…
Adobe is acquiring Topaz Labs to integrate its on-device AI inference technology, NeuroStream, and Emmy-winning enhancement models into Creative Cloud, aiming to compete with Canva and Blackmagic Desi…
Global AI revenue outside China reached $25 billion in Q1 2026, surpassing the estimated $21 billion in annualized depreciation costs for chips and data centers for the second straight quarter, accord…