BusinessBending Spoons’ rapid Nasdaq debut and continued acquisition-driven expansionMilan-based tech group Bending Spoons went public on the Nasdaq in 2026, briefly reaching a market value above $25 billion and maintaining a market cap roughly double its last private valuation.4 min read
BusinessMistral AI’s business model, financing and partnerships: a European AI decacorn carving its own pathMistral AI, the Paris-based decacorn, mixes model development with on-the-ground enterprise deployments and a push for European AI sovereignty.5 min read
BusinessQualcomm outlines full-stack AI infrastructure push to challenge NVIDIAQualcomm presented an ambitious strategy to expand beyond mobile chips into a full AI infrastructure business, aiming to more than double its non-phone revenue to $40 billion within three years and targeting a total addressable market of up to $1.7 trillion by 2030.3 min read
BusinessMeta turns excess AI compute into a cloud business to placate investorsMeta has begun offering surplus compute capacity to external customers, signaling a shift from earlier statements that any extra compute would be used to accelerate its core apps and advertising business.2 min read
BusinessAnthropic explores custom AI chip collaboration with SamsungAnthropic is reportedly discussing a custom AI chip with Samsung as it weighs options to reduce reliance on existing suppliers and respond to industry supply challenges.2 min read
BusinessOpenAI proposes giving US government a 5% stake in AI firmsOpenAI CEO Sam Altman has proposed that the US government receive a 5% ownership stake in OpenAI — and suggested a similar arrangement for other leading AI companies — as a way to share AI-generated economic value with the public.3 min read
BusinessSAP imposes hiring freeze and travel limits to fund AI prioritiesSAP has instituted a company-wide hiring freeze and capped travel to redirect savings toward artificial intelligence development and competitive defense, according to an internal memo reported by Bloomberg.3 min read
BusinessMeta's move into AI compute shakes GPU-focused suppliersBloomberg reports that Meta is building "Meta Compute," a cloud business to sell access to its AI compute infrastructure and models.2 min read
BusinessVenice raises $65M to offer privacy-focused, less-filtered AI accessVenice, an AI company founded by ShapeShift creator Erik Voorhees and cloud entrepreneur Jesse Proudman, raised $65 million at a $1 billion valuation to market a privacy-first, minimally filtered alternative to mainstream models like ChatGPT and Claude.2 min read
BusinessMicrosoft launches 'Frontier' unit with $2.5B and 6,000 experts to scale enterprise AI deploymentsMicrosoft announced the creation of Microsoft Frontier company, an operating business aimed at delivering enterprise AI implementations using Microsoft’s existing AI tools.2 min read
BusinessMeta reportedly plans a cloud service to train AI models, competing with major providersA Bloomberg report says Meta is planning its own cloud infrastructure to run and train artificial intelligence models, and would offer capacity to third parties.2 min read
BusinessReport: SpaceX Allegedly Showed Slim AI Device to Investors, Musk Denies Plans to Produce ItThe Wall Street Journal reported that SpaceX demonstrated a thin, portable AI device to investors shortly before going public, reportedly running on a Qualcomm Snapdragon chip and SpaceX’s own operating system with xAI’s Grok integrated.2 min read
