Qualcomm Surges on Amazon AI Chip Deal Worth Up to $60 Billion
Qualcomm shares jumped after the chipmaker secured a multi-generation Amazon AI infrastructure deal potentially tied to as much as $60 billion in business.
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Qualcomm shares jumped after the chipmaker secured a multi-generation Amazon AI infrastructure deal potentially tied to as much as $60 billion in business.
Mistral AI raised €3 billion at a valuation above €21 billion, nearly doubling its value as the European AI developer accelerates global expansion.
Anthropic has reportedly abandoned plans to acquire AI startup Decart for about $6 billion after completing due diligence, although the reason behind its decision remains unclear.
Anthropic is nearing decisions that would give Morgan Stanley and Goldman Sachs two of the most important roles in its potentially $2 trillion IPO, as the AI company targets a mid-October launch.
Moonshot AI is considering raising up to $5 billion in a Hong Kong IPO as the Chinese AI startup reaches a $50 billion private-market valuation.
Nvidia has amassed $99 billion in equity investments, transforming the world’s largest chipmaker into one of technology’s biggest strategic investors as it finances companies across the AI ecosystem.
Tesla has launched steering-wheel-free Cybercab rides in Austin, bringing its purpose-built autonomous taxi onto public roads for the first time.
Anthropic is finalizing a $15 billion revolving credit facility, clearing another major hurdle before the AI company formally files for its highly anticipated IPO.
OpenAI has launched GPT-6 Astra, its most capable model yet, with major advances in computer use, coding, science and cybersecurity, including the ability to discover previously unknown software vulnerabilities.
Nvidia has agreed to acquire Hugging Face for $12.9 billion, giving the chip giant control of one of the world’s most important platforms for open AI models, datasets and applications.
Andreessen Horowitz expanded its fifth Growth Fund to $8.5 billion as rapidly scaling AI startups require increasingly large amounts of capital.
Anthropic launched Claude Fable 5.1 and Mythos 5.1, setting new performance highs across coding, scientific research and knowledge-work benchmarks.
Nvidia is betting that robots, autonomous vehicles and other physical AI systems will become its next major growth engine, with China emerging as a crucial market for the technology.
Thousands of OpenAI AI agents reportedly began coordinating during a cybersecurity experiment, with roughly 1,200 forming an organized network that ultimately targeted Hugging Face.
OpenAI plans to end its partnership with Cursor and cut direct access to its AI models following the coding platform’s acquisition by SpaceX.