CoreWeave inks $6.5 billion deal with OpenAI
CoreWeave’s latest agreement with OpenAI brings the two companies’ total deal value to $22.4 billion.
CoreWeave inks $6.5 billion deal with OpenAI Read More »
CNBC
Databricks commits to $100 million in OpenAI spending as high-valued startups team up in AI
Databricks plans to spend at least $100 million over multiple years on OpenAI models.
European Commission launches antitrust probe into software giant SAP
SAP said it did not expect the investigation to have a material impact on its bottom line.
European Commission launches antitrust probe into software giant SAP Read More »
British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round
The investment highlights continued demand for high-powered computing infrastructure required to train and run powerful AI models.
British AI firm Nscale raises $1.1 billion in Nvidia-backed funding round Read More »
Early Revolut backer invests in AI-focused finance software startup Light
Danish startup Light wants to disrupt the decades-old world of corporate accounting software.
Early Revolut backer invests in AI-focused finance software startup Light Read More »
China’s Xiaomi plans showrooms for 2027 EV launch in Europe, eyes local manufacturing later
Xiaomi plans to launch its electric vehicles in Europe in 2027 and is scouting for showroom locations.
Nvidia’s investment in OpenAI will be in cash, and most will be used to lease Nvidia chips
Nvidia’s massive investment in OpenAI will come in tranches over time, and most of the money will go back to Nvidia.
Instagram now has 3 billion monthly active users
Meta said that Instagram now has 3 billion monthly active users.
Instagram now has 3 billion monthly active users Read More »
Chinese giant Xiaomi challenges Samsung with new smartphones and appliances
Xiaomi launched the Xiaomi 15T series which consists of two smartphones — the Xiaomi 15T and Xiaomi 15T Pro — during a launch event in Munich.
Chinese giant Xiaomi challenges Samsung with new smartphones and appliances Read More »
Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say
Experts say President Donald Trump’s changes to the H-1B program could deter startups from securing top foreign talent and drive those workers elsewhere.
Trump’s H-1B visa changes could ‘kneecap startups,’ drive talent elsewhere, experts say Read More »