Infrastructure AI News & Updates
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 Announces Massive €75 Billion Data Center Investment in France
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 Raises $100M Series B at $2B Valuation for AI Agent Infrastructure
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 Secures Historic $110B Funding Round, Led by Amazon, Nvidia, and SoftBank
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 Expands Stargate Project with Five New AI Data Centers Across US
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 Expanding Global Infrastructure with Potential UAE Data Centers
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...
AI Data Centers Projected to Reach $200 Billion Cost and Nuclear-Scale Power Needs by 2030
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 Raises $17M to Help AI Agents Navigate Websites More Effectively
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 Raises $12M to Solve AI Agent Authentication and Tool-Calling Challenges
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...
Anthropic Proposes National AI Policy Framework to White House
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...