Jeff Bezos joins Project Prometheus as co-CEO, helping lead the AI startup with $6.2 billion in funding to improve manufacturing across tech, automotive, and aerospace sectors.
Billionaire Peter Thiel sold his entire stake in Nvidia, totaling nearly $100 million, amid fears of an AI-driven tech bubble and rising concerns over inflated valuations in the sector.
Tokyo-based Sakana AI closed a ¥20 billion ($135M) Series B round, valuing the startup at $2.65 billion. The company builds generative AI models optimized for Japanese language, culture, and enterprise needs.
Oracle’s bonds are under pressure after reports indicated the company may take on an additional $38 billion in debt to expand its AI and cloud infrastructure, raising concerns among investors.
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 products.
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.
Anthropic will spend $50 billion on custom AI data centers in Texas and New York, partnering with Fluidstack to boost U.S. compute capacity and support its long-term research.
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 hallucinations by using LLMs only to write data queries—not answers.
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.
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.