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SpaceX has acquired Elon Musk’s AI company xAI, combining rockets, satellites, and artificial intelligence into a vertically integrated effort aimed at scaling AI compute beyond Earth.
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.
Perplexity has agreed to a $750 million, three-year deal with Microsoft to use Azure and access frontier AI models from OpenAI, Anthropic, and xAI, Bloomberg reported.
Elon Musk’s SpaceX and xAI are in talks about a possible merger, according to a Reuters report. The move could consolidate Musk’s AI, satellite, and launch businesses ahead of a potential SpaceX IPO.
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Samsung plans HBM4 memory chip production for Nvidia next month, targeting AI accelerator demand while competing with SK Hynix in advanced memory supply.
Microsoft has introduced Maia 200, a new AI chip built with TSMC and designed to power GPT-5.2 and Microsoft 365 Copilot, promising faster, more efficient AI performance.
Intel shares fell 14% after the chipmaker issued soft guidance and warned of a supply shortage, raising concerns over its foundry business and AI competitiveness.
Bret Taylor, Sierra co-founder and OpenAI board chair, says AI investment is inflated but expects market corrections and consolidation.
OpenAI’s spending on AI infrastructure could drive net losses to $14 billion this year, raising concerns about its financial runway and long-term profitability.
OpenAI has unveiled the Stargate Community plan to ensure its AI data centers do not raise local electricity costs while expanding energy infrastructure.
Elon Musk said Tesla is restarting development of its Dojo3 supercomputer to support AI training, after previously pausing the project to focus on in-vehicle AI chips.
Taiwan plans closer AI ties with the US after a trade deal cutting tariffs and driving semiconductor and AI investment amid rising geopolitical tensions.
Anthropic has appointed former Microsoft India chief Irina Ghose to lead its India business as it prepares to open a Bengaluru office and expand Claude’s reach.
Amazon Web Services launched the AWS European Sovereign Cloud, a fully independent EU-based cloud designed to meet strict data sovereignty and regulatory requirements.