Reports that Elon Musk’s AI company xAI raised $15 billion have been disputed by Musk. The funding news highlights the challenges and scrutiny facing his AI ventures, including data center emissions and controversial AI...
Tencent posted 15% year-on-year revenue growth in Q3 2025, driven by AI-enhanced advertising, gaming expansion, and stronger cloud services, surpassing analyst expectations.
WisdomAI, the AI analytics startup founded by Rubrik co-founder Soham Mazumdar, has raised a $50 million Series A led by Kleiner Perkins with Nvidia’s NVentures joining in. The startup says its AI system eliminates...
AMD CEO Lisa Su dismissed fears of an AI spending bubble, saying Big Tech’s aggressive investments in computing infrastructure are essential to accelerating innovation and long-term growth.
GlobalFoundries beat Wall Street expectations for Q3 and issued upbeat guidance for Q4, citing strong demand from automakers and data center clients amid rising AI and EV chip needs.
Figma has opened a new office in Bengaluru, India, to strengthen ties with its developer community and expand adoption of AI-powered features like Figma Make.
nvestor Michael Burry alleges that major AI infrastructure firms are overstating profits by extending chip depreciation timelines, potentially inflating industry earnings by $176 billion.
SoftBank has sold its entire $5.83 billion stake in Nvidia to help fund a $22.5 billion investment in OpenAI, part of its broader push into artificial intelligence and advanced robotics.
ElevenLabs introduced the Iconic Voice Marketplace, a platform allowing brands to license AI-generated voices of famous figures with performer consent and transparent compensation.
AI startup Wonderful secured $100 million in Series A funding led by Index Ventures to expand its multilingual, enterprise-grade AI agent platform across new global markets.
Scribe secured $75 million in Series C funding at a $1.3 billion valuation to expand Scribe Optimize, its AI-driven platform that maps enterprise workflows to pinpoint automation opportunities.
Tesla CEO Elon Musk said the company will likely build its own massive chip manufacturing facility to meet rising AI demand — and suggested Intel could be a potential partner.