Amazon Plans $12 Billion Louisiana Data Center Expansion
Amazon announces a $12 billion plan for Louisiana data centers, creating 540 jobs and funding water and power infrastructure to support AI-driven growth.
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Amazon announces a $12 billion plan for Louisiana data centers, creating 540 jobs and funding water and power infrastructure to support AI-driven growth.
As OpenAI nears a $100 billion round and Anthropic closes a $30 billion raise, overlapping investors are challenging traditional venture capital norms around exclusivity and loyalty.
Alphabet, Amazon, Meta, and Microsoft are expected to spend $650 billion on AI infrastructure in 2026, up from $410 billion in 2025, highlighting rapid scaling amid compute demand.
Former DeepMind researcher David Silver has raised $1 billion for London-based Ineffable Intelligence, aiming to build a superintelligence that learns autonomously through experience.
OpenAI is reportedly closing a funding round expected to exceed $100 billion, potentially boosting its valuation beyond $850 billion as it invests heavily in AI infrastructure.
Fei-Fei Li’s World Labs secured a $200 million investment from Autodesk as part of a broader $1 billion round, deepening collaboration on AI systems that generate and reason about 3D environments.
Top technology executives are traveling to New Delhi for India’s AI Impact Summit as global firms accelerate expansion in one of the world’s fastest-growing AI markets.
Canadian AI startup Cohere reported $240 million in annual recurring revenue for 2025, exceeding targets and setting the stage for a potential IPO in 2026.
Anthropic appointed former Microsoft and GM executive Chris Liddell to its board as it closes a $30 billion funding round valuing the AI startup at $380 billion. The move signals preparation for a potential IPO in 2026.
Anthropic raised $30 billion in a funding round valuing the company at $380 billion, fueled by strong demand for Claude and rapid enterprise AI adoption.
Alphabet issued $20 billion in a seven-part bond sale to support AI infrastructure investment, highlighting growing tech reliance on debt financing for expansion.
Voice AI startup ElevenLabs raised $500 million in a new funding round led by Sequoia Capital, tripling its valuation to $11 billion and signaling expansion beyond voice.
Accel has led a $5.7 million seed round in Fibr AI, a startup using autonomous AI agents to personalize enterprise websites in real time.
Nvidia stock fell after reports raised questions about the final amount of its planned $100 billion investment in OpenAI, despite CEO Jensen Huang reaffirming commitment.
Oracle aims to raise $50 billion via equity and debt to fund AI infrastructure and data-center growth, easing investor concerns about financing its OpenAI partnerships.