Blackstone-owned data center operator AirTrunk is seeking a A$4.3bn ($3bn) loan to build a single hyperscale facility in Sydney, highlighting the massive capital and power demands of AI infrastructure…
Lenovo raised $2bn through zero-coupon convertible bonds due in 2033, priced at a 47.5% conversion premium, to refinance existing debt and fund share buybacks. The Beijing-based computer and AI server…
Budgeting for penetration testing now requires balancing automated tools with expert services, as cybersecurity teams must decide which risks need continuous validation and which require human-led tes…
Israeli AI and cybersecurity firm Dream raised $260 million at a $3 billion valuation, nearly tripling its $1.1 billion valuation from 16 months ago. The round was led by Bicycle Capital and Group 11,…
China's 618 shopping festival showcases extensive AI integration by e-commerce platforms like Alibaba, but consumer adoption remains cautious, with shoppers embracing AI for price comparisons while re…
The EU cybersecurity agency ENISA is set to meet AI company Anthropic on Thursday, a meeting arranged before the US Department of Commerce ordered Anthropic to suspend access to its advanced models, i…
JPMorgan Chase has blocked its Hong Kong staff from using Anthropic's Claude AI model due to licensing terms, following a similar move by Goldman Sachs. The restriction highlights how geopolitical ten…
Apple CEO Tim Cook said the company will raise prices due to soaring memory and storage chip costs driven by AI demand, without specifying which products or by how much. Cook stated the situation is u…
Emily Dalton Smith, the Meta executive leading the company's internal AI overhaul, is leaving after just two months on the job. Her departure comes as Meta pushes to reorganize around AI agents, raisi…
ECB President Christine Lagarde warned that artificial intelligence could trigger financial crises and called for global AI governance modeled on Cold War-era nuclear non-proliferation treaties. The E…
Telepatia, a Colombian AI clinical assistant startup, raised $33 million in Series A funding led by Andreessen Horowitz to reach half of Latin America's 1.9 million doctors by 2027. The company's AI t…
China's top diplomat Wang Yi called for a global AI cooperation organization offering cheap or free models to developing nations, as the G7 discussed limiting access to US AI models to "trusted partne…
Behavox raised $175 million in preferred equity from BlackRock's HPS Investment Partners to expand its AI compliance platform and pursue acquisitions. The regtech company, which counts ten of the 24 G…
Apple investors are losing patience with the company's AI strategy after a disappointing WWDC, where the new Siri was revealed as a beta built on Google's technology. The stock trades at a premium tha…
Anthropic CEO Dario Amodei and Google DeepMind CEO Demis Hassabis proposed a US-led AI coalition at the G7 summit, with Canadian Prime Minister Mark Carney agreeing the US could lead. The closed-door …
Allbirds, the sustainable footwear company, has renamed itself Smartbird and appointed Nadia Carlsten as CEO to pivot into AI infrastructure, selling its shoe business for $39 million. Shares surged o…
Amazon AI chief Peter DeSantis admitted the company's AI models lag behind OpenAI and Anthropic, but expressed hope of catching up within a year. Amazon is investing $33 billion in Anthropic while bui…
Britain lobbied the White House for an exemption from the Anthropic AI export ban but was told there was "zero chance." The rejection exposes the UK's dependence on American AI and strengthens the cas…
AI researcher Gary Marcus warns that a weak OpenAI IPO could trigger a cascade of financial problems for Nvidia, Oracle, and CoreWeave, as their valuations depend on OpenAI's massive chip and data cen…
Clair Health, a San Francisco startup founded by two Stanford graduates, raised $11.6 million in seed funding led by Khosla Ventures for a noninvasive wearable hormone monitor. The wristband uses 10 b…