BusinessNvidia to Buy Hugging Face for $12.9B, Boosting Jensen Huang’s Net Worth Near $200BNvidia announced a $12.9 billion acquisition of AI platform Hugging Face, a deal that pushed Nvidia co‑founder and CEO Jensen Huang’s net worth close to $200 billion.3 min read
BusinessXDOF in late talks for $1.2B valuation after rapid revenue growthXDOF, a robotics-data startup spun out of UC Berkeley research, is in late-stage discussions to raise a Series B at about a $1.2 billion valuation led by 8VC.3 min read
BusinessBritish AI infrastructure startup Nscale seeks $3.5B pre-IPO funding ahead of possible listingNscale, a UK-based AI infrastructure company founded two years ago, is reportedly pursuing $3.5 billion in pre-IPO financing as it prepares for a potential public offering as soon as later this month.2 min read
BusinessJohn Ternus Becomes Apple CEO as Tim Cook Moves to Executive ChairmanTim Cook stepped down as Apple CEO this week, appointing former hardware head John Ternus as his successor while remaining at the company as Executive Chairman.2 min read
BusinessJohn Ternus becomes Apple CEO as Tim Cook moves to Executive Chairman; AI and chip industry shifts highlightedJohn Ternus has taken over as Apple’s CEO after Tim Cook stepped down and assumed the role of Executive Chairman.3 min read
BusinessCrusoe Raises $3 Billion at $30 Billion Valuation as It Expands AI Infrastructure BusinessCrusoe, an AI infrastructure and data center developer whose clients include Meta, Microsoft and OpenAI, has secured a $3 billion financing round at a $30 billion valuation.2 min read
BusinessWonderful raises $550M at $5B valuation to scale its AI operating system globallyWonderful, an enterprise AI startup founded in 2025, closed a $550 million Series C round led by Insight Partners with participation from investors including Salesforce, bringing its valuation to $5 billion.2 min read
BusinessAccel in Talks to Lead $1B Round for Thinking Machines at $40B ValuationThinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is reportedly in discussions to raise $1 billion at a valuation of at least $40 billion, with existing investor Accel a potential lead.2 min read
BusinessMeta offers steep discounts in exchange for user data for its Muse Spark modelMeta has introduced a contributor pricing tier for its Muse Spark model that gives users large discounts if they allow Meta to use their prompts and model outputs to improve future models.3 min read
BusinessSaudi-backed HUMAIN to launch large global AI venture fund as it builds domestic data center capacityHUMAIN, the Saudi state-controlled AI company, plans to launch a major global venture capital fund this year—potentially larger than a previously discussed $10 billion vehicle—as part of a push to make Saudi Arabia a leading AI hub.4 min read
BusinessGoogle shifts to mid-tier with Gemini 3.8 Flash amid model-race pullbackGoogle released Gemini 3.8 Flash as its third 'Flash' model in six weeks after canceling Gemini 3.5 Pro and while Gemini 4 remains in post-training.2 min read
BusinessOllie emphasizes privacy to differentiate itself in the personal AI assistant marketOllie, a family-focused personal AI assistant based in San Diego, has achieved SOC 2 compliance and promotes a subscription model that it says prevents sharing users’ data for other purposes.4 min read
