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.
Google introduces Private AI Compute, a cloud platform that combines Gemini models with advanced privacy protections, allowing AI to process sensitive data securely without user exposure.
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.
Google will invest €5.5 billion ($6.41 billion) in Germany to expand its cloud and data center capacity, building new facilities in Hesse as part of its European infrastructure strategy.
Meta’s chief AI scientist Yann LeCun is reportedly preparing to leave the company to start his own AI venture focused on world models, signaling a major shift for Meta’s research division.
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.
After a year out of the spotlight, Chinese AI developer DeepSeek re-emerged at a major internet conference — with one of its top researchers issuing a stark warning about AI’s long-term impact on society.
Nvidia CEO Jensen Huang revised remarks about China’s AI lead, stressing that the U.S. can stay competitive by accelerating development and maintaining global reliance on Nvidia chips.
OpenAI reports more than 1 million business customers and strong growth in ChatGPT for Work, supported by new enterprise tools, integrations, and model capabilities.
Google is making its seventh-generation TPU, called Ironwood, publicly available as it aims to win more AI infrastructure business and challenge Nvidia’s dominance in model training and deployment.