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Meta Builds Cloud Business to Sell Excess AI Compute Capacity
Meta is developing a cloud infrastructure business, reportedly called Meta Compute, to sell excess AI computing capacity and models, positioning…
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White House Nears Voluntary Frontier AI Model Release Deal With OpenAI, Google and Anthropic
The White House is advancing negotiations with OpenAI, Anthropic and Google on a voluntary framework governing the release of advanced…
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AI Data Center Builder Crusoe in Talks to Raise $3 Billion at $30 Billion Valuation
Data center builder Crusoe is in talks to raise $3 billion in funding that could value the company at roughly…
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General Atlantic in Talks to Lead $2 Billion Round for China’s Kling AI at $18 Billion Valuation
General Atlantic is pursuing a $2 billion investment in Kling AI, the video-generation unit of Chinese tech company Kuaishou, valuing…
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Microsoft to Cut About 4,800 Jobs as It Redirects Spending to AI
Microsoft is eliminating approximately 4,800 positions, or about 2.1% of its workforce, as the company redirects spending toward artificial intelligence…
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Sam Altman Proposes US Government Take 5% Equity Stake in OpenAI Worth $42.6 Billion
OpenAI CEO Sam Altman has proposed establishing a US-led international forum to set AI safety standards, comparing it to the…
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Google Launches $99.99 Smart Speaker Built Around Gemini
Google has launched a new smart speaker built around Gemini rather than the older Assistant, available for pre-order at $99.99…
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OpenAI Acquires Ona to Run Codex Agents Inside Enterprise Clouds
OpenAI has acquired Ona, a German cloud platform company formerly known as Gitpod, to enhance its Codex AI coding agent…
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Google Launches Gemini 2.5 Pro Deep Think for Parallel Reasoning
Google has launched Deep Think in the Gemini app for AI Ultra subscribers, a mode that uses extended parallel thinking…
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OpenAI CEO Proposes Donating 5% of Company Equity to US Sovereign Wealth Fund
OpenAI CEO Sam Altman has proposed donating 5% of the company’s equity to a US sovereign wealth fund, with other…
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Together AI Raises $800M at $8.3B Valuation for Open-Source AI Cloud
Together AI, an AI neocloud infrastructure provider, secured $800 million in Series C funding at an $8.3 billion valuation, led…
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Microsoft Launches $2.5 Billion AI Deployment Company, Microsoft Frontier
Microsoft announced the creation of Microsoft Frontier Company, a new business unit dedicated to enterprise AI deployments backed by a…