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Cisco announces 4,000 job cuts as the company shifts resources toward AI networking, cloud infrastructure, and data center growth.
Microsoft is exploring acquisitions of AI startups including Inception as it builds internal AI capabilities beyond OpenAI. The move reflects growing competition for top AI talent and Microsoft’s effort to develop advanced models independently.
SoftBank has invested more than $450 million into Graphcore as the Japanese technology group expands its AI infrastructure and semiconductor ambitions. The funding follows SoftBank’s acquisition of the British AI chip company in 2024.
OpenAI is creating a new enterprise deployment company backed by more than $4 billion in initial funding and acquiring AI consulting firm Tomoro.
SoftBank is reportedly evaluating a multibillion-dollar AI data center project in France following talks with President Emmanuel Macron.
Alphabet plans its first yen-denominated bond sale as Big Tech increasingly turns to debt markets to finance AI infrastructure.
HSBC raised its year-end S&P 500 target, citing strong AI-driven earnings growth led by major technology companies.
Panthalassa has raised $140 million to scale offshore AI computing systems powered by ocean waves. The company says its floating infrastructure could help solve the energy and cooling constraints facing AI data centers.
ElevenLabs has crossed $500 million in annual recurring revenue and added major investors including BlackRock and Nvidia. The funding reflects rising enterprise demand for AI voice agents.
Anthropic is considering a major funding round amid strong investor demand and rapid revenue growth. The potential raise could value the company at up to $900 billion.
OpenAI is deepening ties with Amazon while restructuring its long-standing partnership with Microsoft. The shift reflects growing demand for flexible cloud access and AI infrastructure.
AI stocks fell sharply after reports that OpenAI missed growth targets and raised internal financial concerns. The news triggered a ripple effect across cloud and chip companies.
Google plans to invest up to $40 billion in Anthropic while expanding cloud and chip support. The deal underscores the growing importance of compute capacity in the AI race.
China plans to limit US investment in domestic AI companies without government approval following scrutiny of a major cross-border deal. The move signals tighter control over sensitive technologies.
Cohere plans to acquire Aleph Alpha and secure a $600 million investment to expand its footprint in Europe. The deal targets demand for sovereign AI in regulated industries.