Meta Strikes Potential $100B AMD Chip Deal to Power AI Expansion
Meta plans to buy up to $100 billion in AMD GPUs and CPUs, issuing performance-based warrants as it ramps AI data centers and diversifies compute infrastructure.
Meta plans to buy up to $100 billion in AMD GPUs and CPUs, issuing performance-based warrants as it ramps AI data centers and diversifies compute infrastructure.
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Anthropic reveals industrial-scale campaigns by DeepSeek, Moonshot, and MiniMax to extract Claude’s capabilities via fraudulent accounts, highlighting national security and AI safety risks.
OpenAI partners with BCG, McKinsey, Accenture, and Capgemini to deploy Frontier, a platform for AI coworkers, across enterprises, combining technology with strategy and workflow redesign.
Alphabet, Amazon, Meta, and Microsoft are expected to spend $650 billion on AI infrastructure in 2026, up from $410 billion in 2025, highlighting rapid scaling amid compute demand.
A former Citigroup executive says commercially available humanoid robots can now deliver a return on investment in under 10 weeks, potentially accelerating enterprise automation.
An experimental AI agent created by an OpenAI employee mistakenly transferred $441,000 worth of tokens in response to a social media request, highlighting risks in autonomous crypto trading systems.
Former DeepMind researcher David Silver has raised $1 billion for London-based Ineffable Intelligence, aiming to build a superintelligence that learns autonomously through experience.
Google is rolling out Gemini 3.1 Pro across consumer, developer, and enterprise products, touting major gains in reasoning performance and benchmark results.
Contra unveiled Contra Payments, a new platform enabling creatives to sell products and services directly to both humans and AI agents, marking a shift toward “agentic commerce.”
OpenAI is reportedly closing a funding round expected to exceed $100 billion, potentially boosting its valuation beyond $850 billion as it invests heavily in AI infrastructure.
India’s AI Impact Summit in New Delhi delivered more than $250 billion in investment commitments, spanning data centers, AI infrastructure, and global expansion plans.
Bill Gates canceled his keynote appearance at India’s AI Impact Summit hours before speaking, as renewed scrutiny over past ties to Jeffrey Epstein intensified following U.S. Justice Department disclosures.
Fei-Fei Li’s World Labs secured a $200 million investment from Autodesk as part of a broader $1 billion round, deepening collaboration on AI systems that generate and reason about 3D environments.
Mistral AI CEO Arthur Mensch said more than half of today’s enterprise software could be replaced by AI, intensifying investor concerns about the future of SaaS business models.