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.
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.
AI startup Bindwell, founded by two teenage entrepreneurs, secured $6 million in seed funding to design new pesticide molecules in-house using proprietary AI models, shifting away from selling tools to major agrochemical firms.
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.
nvestor Michael Burry alleges that major AI infrastructure firms are overstating profits by extending chip depreciation timelines, potentially inflating industry earnings by $176 billion.
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.
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.
AI hardware startup Tsavorite Scalable Intelligence received over $100 million in pre-orders for its Omni Processing Unit chips, designed to unify CPU, GPU, memory, and connectivity for scalable AI workloads.
Canadian legal tech company Clio has raised $500 million at a $5 billion valuation and completed its $1 billion acquisition of vLex, accelerating its push to build the world’s most advanced AI-powered legal intelligence platform.
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.
Established by 6sense founder, 1mind secures $30M Series A led by Battery Ventures to grow its AI-driven sales agent Mindy, designed to automate inbound sales and enterprise deal support.