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AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round
AI chip maker SambaNova has raised at an $11B valuation months after Intel was rumored to be trying to buy it for about $1.6 billion.
What is Mistral AI? Everything to know about the OpenAI competitor
Mistral AI, which offers some open source AI models, has raised significant funding since its creation in 2023, with the ambition to “put frontier AI in the hands of everyone.”
Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target
Insiders say Sam Altman is in active talks with the Trump administration.
Microsoft launches its own AI deployment company with $2.5 billion commitment
Microsoft follows Amazon, OpenAI and Anthropic with its new AI deployment group.
OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the upside of AI, the FT reported, citing two unnamed people familiar with the talks. He's said to have first pitched the idea to Trump early last year. Altman reportedly suggested the 5 percent figure. Based on OpenAI's latest funding round, which ended with the company valued at $852 billion, that stake would be worth … Read the full story at The Verge.
Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office
Neo is Bhavin Turakhia’s fifth venture and his latest involving enterprise software. This time he's taking on Microsoft Office, Google Apps with AI.
Ashton Kutcher leaving Sound Ventures to launch new VC firm with Morgan Beller
The actor and investor is joining forces with Morgan Beller, who was previously a GP at NFX, to invest in early-stage startups.
Venice AI becomes a unicorn with $65M Series A as its privacy-first AI platform takes off
Venice AI is already profitable, with annualized run-rate revenues of over $70 million, CEO Erik Voorhees said.
Wayve launches $85M employee tender offer at $8.5B valuation
Wayve’s offering is part of a growing trend of AI startups using employee tenders as a strategic tool to attract and retain talent.
The DeepMind trio who built a poker AI are now making money for quant hedge funds
EquiLibre Technologies, a Prague-based AI lab founded by three ex-DeepMind researchers, is now valued at more than $500 million.
Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip
Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.
Amazon launches new $1 billion FDE org, following OpenAI and Anthropic
Engineers on the new team will embed within companies to deploy purpose-built agents, focusing on fast deployments and customer self-sufficiency.
US offers $10 million for info on group behind Signal and WhatsApp hacking spree
South Korea to spend $1T on more memory chip production and humanoid robots
South Korea targets physical AI lead and commercial humanoid robots by 2028.
South Korean tech giants commit over $550B to ease ‘RAMageddon’
The world's two largest memory chip companies vow to build more memory lab fabs as South Korea positions itself as an AI tech powerhouse country.
Oracle’s 21,000 layoffs help drive its debt-fueled AI investments
Before SpaceX IPO, investors in China secretly acquired stakes
We’re strengthening our presence in Alabama through new investments and community support.
Google has announced a $1.5 billion investment for 2026 and 2027 to expand its data center campus in Jackson County, Alabama. Operating since 2019 on a repurposed former…
OpenAI to acquire Ona
OpenAI plans to acquire Ona to expand Codex with secure, persistent cloud environments, enabling long-running AI agents across enterprise workflows.
Investing in multi-agent AI safety research
Google DeepMind and partners announce a $10M funding call for multi-agent safety research.