Peter Thiel Backs Panthalassa’s $140 Million Ocean AI Infrastructure Bet
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...
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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...
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...
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...
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...
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...
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...
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...
Retail investors can now gain exposure to OpenAI through Robinhood’s venture fund, which has taken a $75 million stake in the AI company.
AI coding startup Cursor is reportedly raising $2 billion at a $50 billion valuation. The move highlights strong investor demand for AI developer tools.