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OpenAI plans to end its partnership with Cursor and cut direct access to its AI models following the coding platform’s acquisition by SpaceX.
Nvidia has agreed to acquire AI platform Hugging Face for $12.9 billion, expanding beyond chips into open-source AI software and developer infrastructure.
Nvidia reported record quarterly revenue of $96.2 billion, beating expectations as AI demand remained exceptionally strong and its next-generation Vera Rubin chips entered mass production.
The SEC has opened an investigation into AI-focused hedge fund Situational Awareness after its leveraged positions triggered margin calls and forced asset sales.
Anthropic is expected to tell investors ahead of its IPO that its total addressable market exceeds $30 trillion, supporting its planned $2 trillion valuation.
Nvidia has struck a $6 billion agreement with AI startup Poolside to develop a powerful open-source AI model capable of competing with leading Chinese and U.S. systems.
Binance has launched Agent OS, allowing AI agents such as ChatGPT, Claude Code, and Cursor to execute cryptocurrency trades on behalf of users.
Anthropic is reportedly targeting an IPO that would raise at least as much capital as SpaceX’s record-breaking public offering.
Alibaba’s quarterly profit fell about 75% as aggressive investment in AI infrastructure and cloud computing continued to pressure near-term earnings.
Nvidia is reportedly considering an investment in AI data startup Mercor at a $20 billion valuation as demand for high-quality training data continues to accelerate.
OpenAI plans to go public by 2027 or earlier, according to CFO Sarah Friar, as the company prepares for one of the largest IPOs in technology history.
A new AI-themed bar in Beijing is giving customers free DeepSeek tokens instead of Wi-Fi, reflecting China’s rapidly growing enthusiasm for artificial intelligence.
AI video startup Higgsfield has raised $400 million in Series B funding at a $5.4 billion valuation, with model and entrepreneur Natalia Vodianova joining the investor group.
Unitree Robotics shares surged more than 500% on their Shanghai trading debut, briefly valuing the humanoid robot maker at around $50 billion.
Anthropic is reportedly considering issuing supervoting shares to its founders ahead of its expected IPO, helping preserve their control as the AI company prepares to go public.