BusinessPanthalassa raises $140M to build wave-powered floating AI data centersPanthalassa has secured $140 million in funding led by Peter Thiel to develop autonomous, wave-powered floating data centers—85‑metre steel spheres designed to run AI inference chips cooled by seawater and communicate via satellite.2 min read
BusinessChina's 'Big Fund' in talks to lead $45bn valuation round for DeepSeekChina Integrated Circuit Industry Investment Fund (the 'Big Fund') is negotiating to lead the first financing round for AI lab DeepSeek, which could value the company at about $45 billion.3 min read
BusinessNew details on OpenAI's first smartphone: custom chipset, dual NPU and ambitious sales targetsAnalyst Ming‑Chi Kuo reports OpenAI is progressing quickly on its first smartphone, with mass-production readiness possible in early 2027.2 min read
BusinessOpenAI plans massive spending on compute revealed in Musk lawsuit testimonyGreg Brockman, OpenAI's co-founder and president, testified in the lawsuit brought by Elon Musk that the company plans to spend $50 billion on compute this year and aims for roughly $600 billion in infrastructure investment by 2030.2 min read
BusinessAlphabet closing in on Nvidia to become the world’s most valuable public companyAlphabet’s market capitalization has surged close to overtaking Nvidia, driven by rapid growth in Google Cloud and the company’s custom AI chips.2 min read
BusinessAnthropic and OpenAI each form venture to sell enterprise AI servicesAnthropic and OpenAI have separately launched plans to create new companies that will market enterprise AI services, each backed by large institutional investors.3 min read
BusinessPalantir’s US-led surge drives revenue and profit outlook upwardPalantir reported an 85% year-over-year revenue increase to $1.63 billion for the quarter, driven overwhelmingly by US business and substantially beating analyst estimates.3 min read
BusinessCooperation between OpenAI and Microsoft has broken down — significant impact on the artificial intelligence ecosystemAccording to reports, the strategic partnership between OpenAI and Microsoft has broken down; the source did not disclose the exact timing or details of the announcement.1 min read
BusinessBrockman says Musk sought control to raise $80 billion for Mars cityGreg Brockman, president of OpenAI, testified in a California court that Elon Musk supported converting OpenAI to a for-profit entity but wanted to secure full control to finance a $80 billion Mars colony.2 min read
BusinessApple shifts capital from dividends to AI investments under new CEOWith John Ternus taking the helm, Apple appears ready to move away from a long-standing shareholder‑payout model toward larger investments in artificial intelligence and infrastructure.3 min read
BusinessCerebras Systems revives IPO plans, targets up to $40 billion valuationAI chip maker Cerebras Systems has launched a renewed push for a public listing, beginning its IPO roadshow with an expected share price range of $115–$125 that could value the company at up to $40 billion.2 min read
BusinessMeta acquires Assured Robot Intelligence to advance general-purpose physical agentsMeta has acquired Assured Robot Intelligence (ARI), a startup developing AI for robots, and will fold ARI's leadership into its Meta Superintelligence Labs to work on general-purpose physical agents.1 min read