Meta is set to begin manufacturing its latest custom-designed AI chips in September to decrease dependence on external suppliers like Nvidia and lower overall costs. The modular chips, developed under the Meta Training a...
SoftBank Group has announced plans to invest up to €75 billion to develop 5 gigawatts of data center capacity in France by 2031. This project represents the firm's largest AI infrastructure investment in Europe, aimed at...
Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, raised $100 million Series B at a $2 billion valuation led by Sequoia, just five months after its Series A. The startup provides web search and research...
OpenAI announced a $110 billion private funding round with investments from Amazon ($50B), Nvidia ($30B), and SoftBank ($30B), against a $730 billion pre-money valuation. The funding includes major infrastructure partner...
OpenAI announced plans to build five new AI data centers across the United States through partnerships with Oracle and SoftBank as part of its Stargate project. The expansion will bring total planned capacity to seven gi...
OpenAI is reportedly planning to build data centers in the United Arab Emirates to expand its Middle East presence, with a possible announcement coming soon. The company has existing relationships with UAE entities, incl...
A new study from Georgetown, Epoch AI, and Rand indicates that AI data centers are growing at an unprecedented rate, with computational performance more than doubling annually alongside power requirements and costs. If c...
Browser Use, a startup making websites more accessible to AI agents, has secured $17 million in seed funding led by Felicis. The company's technology breaks down website elements into a text-like format that AI agents ca...
Arcade, an AI agent infrastructure startup, has raised $12 million from Laude Ventures to address fundamental challenges with AI agent functionality. The company, founded by former Okta executive Alex Salazar and Redis e...
After removing Biden-era AI commitments from its website, Anthropic submitted recommendations to the White House for a national AI policy focused on economic benefits. The recommendations include maintaining the AI Safet...
