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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.
Amazon is in early discussions to invest tens of billions of dollars in OpenAI, a move that could deepen its position in the global AI race and make it the startup’s largest new backer.
Tesla has invested $2 billion in Elon Musk’s xAI, the company behind Grok and X, as part of a framework to collaborate on AI and robotics aligned with Tesla’s Master Plan Part IV.
Nvidia, Amazon, and Microsoft are in talks to invest as much as $60 billion in OpenAI, according to a report. The discussions underscore intensifying competition and rising costs in advanced AI development.
Modelence, a Y Combinator-backed startup, raised $3 million to streamline AI app development by simplifying hosting, authentication, and database integration for developers.
Anthropic raises its funding target to $20 billion, with investors including Sequoia, Singapore’s sovereign wealth fund, and Coatue, boosting its valuation to $350 billion.
Amazon announced plans to cut roughly 16,000 corporate roles, the second major reduction since October, as it invests heavily in artificial intelligence and organizational efficiency.
Pinterest will cut around 780 jobs to focus on AI-driven products and strategy, while investors remain cautious amid competition from TikTok and Meta platforms.
Mews secures $300M Series D at a $2.5B valuation to expand its AI-driven hotel platform, automating operations, enhancing guest experiences, and integrating fintech capabilities.
China is investigating Meta’s $2 billion purchase of AI startup Manus, reviewing the deal’s money transfers, tax compliance, and overseas operations amid national security concerns.
Bret Taylor, Sierra co-founder and OpenAI board chair, says AI investment is inflated but expects market corrections and consolidation.
OpenAI is in talks with Middle Eastern sovereign wealth funds about a potential funding round that could raise roughly $50 billion, underscoring sustained investor appetite for large-scale AI development.
The IMF raised its 2026 global growth forecast, citing resilience to easing U.S. tariffs and a sustained surge in artificial intelligence investment boosting productivity expectations.
Anthropic aims to raise $25B in a new round with Sequoia, GIC, and Coatue, reflecting soaring demand for AI and a $350B valuation for the Claude chatbot maker.