AI Brief
Volantis Raises $88 Million to Tackle AI Memory Bottlenecks
Volantis is developing photonic links between processors and memory, with its first customer systems planned for 2027.
Access a continuous stream of concise, high-impact reporting on artificial intelligence across global markets and industries. This section aggregates short-form coverage of corporate announcements, funding activity, product launches, regulatory actions, executive moves, and strategic partnerships, delivering essential developments with speed and clarity. Designed for efficient consumption, it prioritizes material updates and market-moving information while complementing longer-form analysis and in-depth industry coverage.
Volantis is developing photonic links between processors and memory, with its first customer systems planned for 2027.
Japan's planned AI infrastructure expansion involves Dell and JERA, with a first project in Chiba targeting up to 400 megawatts of capacity.
Nvidia has authorized an additional $150 billion in share repurchases, bringing its total buyback capacity to $235 billion, the largest single authorization increase in U.S. history.
Armenia has emerged as a regional AI infrastructure hub following the opening of Firebird's Nvidia-powered AI factory in Hrazdan, the first of its kind in the CIS.
Palantir Technologies has named Nebius Group its preferred sovereign AI infrastructure partner, with plans to integrate Nebius compute and inference endpoints directly into the Palantir enterprise perimeter.
Anthropic explored acquiring AI chip startup MatX at a valuation of roughly $7 billion before halting the process, with discussions since shifting toward a potential partnership.
AI infrastructure construction is generating sustained hotel demand in secondary U.S. markets, helping push the 2026 revenue per available room forecast to a 4.4% increase, up from 0.6% projected in February.
The U.S. Department of Defense has awarded Oracle a contract worth nearly $7 billion over ten years covering software licenses, maintenance, and consulting for military branches, the intelligence community, and the Coast Guard.
AMD and Anthropic have announced a strategic partnership to deploy up to 2 gigawatts of AMD Instinct MI450 Series GPUs in AMD Helios rack-scale solutions, with the first gigawatt deployment beginning in the first...
OpenAI and Broadcom have unveiled Jalapeño, OpenAI's first custom AI accelerator chip designed specifically for large language model inference.
SpaceX shares are expected to begin trading around $171 on Nasdaq, nearly 29% above the company’s IPO price of $135 per share.
LG Group and NVIDIA have formalized a broad strategic partnership spanning physical AI and robotics, AI data center infrastructure, and autonomous driving systems.