Anthropic and OpenAI Launch Enterprise AI Ventures to Deepen Corporate Integration
Anthropic and OpenAI are both moving to expand their reach in enterprise AI through newly announced joint ventures aimed at accelerating the deployment of AI services across large organizations. Anthropic’s…
Sierra Raises $950M as Enterprise AI Race Accelerates Amid Explosive Adoption
Enterprise AI startup Sierra, founded by Bret Taylor, has raised $950 million in a funding round led by Tiger Global and GV, pushing its valuation above $15 billion and giving…
Cerebras Prepares Blockbuster IPO as AI Chip Demand and OpenAI Ties Fuel Investor Frenzy
AI chipmaker Cerebras Systems is moving closer to a major public listing, aiming to raise around $3.5 billion at a valuation of up to $26.6 billion in what could become…
Meta Cuts 8,000 Jobs as AI Infrastructure Costs Push Spending to New Highs
Meta has announced plans to cut around 8,000 jobs, or roughly 10% of its workforce, as the company redirects massive financial resources toward artificial intelligence infrastructure. CEO Mark Zuckerberg told…
Skyrocketing Chip and Memory Costs Drive Big Tech Spending to Record $725 Billion
Big Tech companies are sharply increasing capital expenditure as rising prices for chips and memory reshape the economics of artificial intelligence infrastructure. Total spending across major firms has surged to…
Intel Hires Qualcomm Veteran to Lead Push into Client Computing and Physical AI
Intel has appointed Alex Katouzian, a long-time Qualcomm executive, to lead its client computing and emerging physical AI initiatives as part of a broader strategy to strengthen its position in…
Panthalassa Raises $140 Million to Build Ocean-Based AI Computing Infrastructure
Panthalassa, a renewable energy and ocean technology company, has raised $140 million in Series B funding led by Peter Thiel, with participation from investors including John Doerr, TIME Ventures, and…
Musk Lawyer Questions OpenAI Co-Founder Over $30 Billion Stake in High-Stakes Trial
A legal battle over OpenAI’s structure intensified as Elon Musk’s attorney questioned co-founder Greg Brockman about his nearly $30 billion stake in the company during a courtroom trial in California.…
Kakao Mobility Unveils Level 4 Autonomous Driving Roadmap Under Physical AI Strategy
Kakao Mobility is accelerating its push into advanced autonomous driving by outlining a roadmap for Level 4 self-driving technology as part of its broader physical AI strategy. The company aims…
GitHub Copilot Shifts to Per-Token Pricing Model Amid Industry Trend
GitHub Copilot is set to move from a flat subscription system to a per-token billing model starting June 2026, aligning its pricing with how large language model APIs are typically…
