Tencent Leads Bid to Unwind Meta’s $2 Billion Manus Deal
Tencent is in talks to become Manus’s largest shareholder as investors race to reverse Meta’s $2 billion purchase of the AI agent startup, after Beijing ordered the deal undone.
Explore AIstify's latest reporting, research, and expert analysis tagged with "ai investment", collected in one continuously updated archive.
Tencent is in talks to become Manus’s largest shareholder as investors race to reverse Meta’s $2 billion purchase of the AI agent startup, after Beijing ordered the deal undone.
Swedish vibe-coding startup Lovable is reportedly in talks to raise $300 million at a $13.2 billion valuation, double the $6.6 billion it achieved in December 2025.
Apple expanded its partnership with Broadcom in a multi-year deal worth more than $30 billion, its largest US manufacturing commitment, to produce over 15 billion American-made chips.
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Big Tech’s AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
Microsoft is investing $2.5 billion in Frontier, a new unit that will embed 6,000 engineers with customers to help them adopt AI, joining a wider industry race into hands-on deployment.
Venice AI, a privacy-focused platform offering access to more than 200 AI models without storing user data, has raised a $65 million Series A at a $1 billion valuation.
About $2.3 trillion was wiped from the Magnificent 7 in June as investors questioned Big Tech’s huge AI spending, even as chip and memory stocks kept climbing.
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
South Korea announced about $880 billion in planned investment to expand chipmaking, AI data centers and robotics, aiming to double memory output and revive regions outside Seoul.
Qualcomm agreed to acquire Modular, the AI software startup led by Chris Lattner, to build a hardware-agnostic software layer and challenge Nvidia in data center AI.
ByteDance’s record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.
Mistral’s reported €3 billion round would fund a 1-gigawatt European compute buildout, yet leaves the OpenAI rival far smaller than US and Chinese rivals.
Alphabet plans to raise $80 billion through stock offerings and a strategic investment from Berkshire Hathaway to expand AI infrastructure. The funding will support growing demand for Google’s AI services and computing capacity.
Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.