BusinessUpper90 lends $400M to General Compute, taking inference chips as collateralGeneral Compute secured a $400 million loan from Upper90, marking one of the first major financings to accept inference-specific AI chips as collateral.3 min read
BusinessTSMC Announces $100 Billion Arizona Expansion and Raises Investment OutlookTaiwan Semiconductor Manufacturing Company (TSMC) unveiled a further $100 billion of investment in its Arizona operations and raised its near‑term capital expenditure forecast, citing persistent AI‑driven demand through 2030.2 min read
Business4iG regains Microsoft CSP and AI Cloud Partner status after nine years4iG Informatikai Zrt.2 min read
BusinessHow Elorian Raised $55M Seed at a $300M Valuation Before Shipping a ProductAndrew Dai, founder and CEO of Elorian and a former Google DeepMind researcher, told the Build Mode podcast how his startup secured a $55 million seed round at a $300 million pre‑money valuation without revenue or a released product.2 min read
BusinessMorgan Stanley posts record quarterly revenue and strong profit, driven by trading and investment bankingMorgan Stanley reported a stronger-than-expected second-quarter result with record revenue of $21.35 billion and net income of $5.58 billion, or $3.46 per share.2 min read
BusinessEx‑DeepMind researcher Andrew Dai raises $55M seed for visual AI startup Elorian at $300M valuationAndrew Dai, a former Google DeepMind researcher and now CEO of Elorian, closed a $55 million seed round that values the company at $300 million just months after leaving DeepMind.3 min read
BusinessTSMC posts record Q2 profit as AI chip demand lifts salesTaiwan Semiconductor Manufacturing Company (TSMC) reported a 77.4% year‑over‑year rise in net profit for the April–June quarter, driven by strong demand for chips used in artificial‑intelligence applications.2 min read
BusinessAMI Labs focuses on world models and real‑world partners, avoids 'AGI' and 'superintelligence' labelsAMI Labs CEO Alexandre LeBrun rejects labels like “AGI” and “superintelligence,” arguing they are ill‑defined, and says the startup is concentrating on world models that incorporate physics to make AI useful in the physical world.5 min read
BusinessHow Elorian Secured a $55M Pre-Product Seed Round at a $300M ValuationElorian, led by founder and CEO Andrew Dai, raised a $55 million seed round at a $300 million valuation before releasing a product or generating revenue.2 min read
Business4iG Informatikai visszaszerezte a Microsoft CSP és AI Cloud Partner minősítést4iG Informatikai Zrt.2 min read
BusinessAnthropic-backed Ode bets on enterprise AI deployment as the next trillion‑dollar marketAnthropic and other leading AI labs are investing in services that embed AI into large enterprises, arguing that deployment support — not just better models — will create the next trillion‑dollar market.4 min read
BusinessDeepSeek mulls IPO as Chinese AI scene shifts toward Zhipu-style frontier researchDeepSeek is reportedly weighing an initial public offering as early as this year and is also considering new private fundraising after a financing round that valued it at $52 billion.2 min read
