Vast Data secures a massive $1 billion Series F funding round backed by Nvidia, catapulting its valuation to $30 billion — more than triple its 2023 worth — as the AI infrastructure company surpasses $4 billion in cumulative bookings and $500 million in annual recurring revenue.
Google Cloud unveils its eighth-generation TPUs at Next '26, delivering 121 exaflops of power in a single superpod, alongside a revolutionary Virgo Network fabric capable of connecting over one million TPUs into a single training cluster, plus major AI infrastructure upgrades including NVIDIA Vera Rubin-powered instances and an AI Inference …
Vast Data secures $1 billion in Series F funding, tripling its valuation to $30 billion with backing from Nvidia and Fidelity, as its AI data infrastructure platform tackles critical memory and storage bottlenecks threatening to derail the generative AI revolution.
Tech giants Amazon, Google, and Microsoft shed a combined $900 billion in market value as investors revolt against $660 billion in projected AI spending with little return, while Apple surges 7% by taking a lean, asset-light AI approach that keeps its 2026 capital expenditure at just $14 billion, signaling a …
Google is in talks with Marvell Technology to develop two new AI chips targeting surging inference costs, expanding its custom silicon supply chain beyond existing partners Broadcom and MediaTek as AI query demands increasingly outpace training as the dominant compute expense for hyperscalers.
Jane Street strikes a $6 billion cloud computing deal with CoreWeave while securing a $1 billion equity stake, gaining exclusive access to NVIDIA's next-gen Vera Rubin architecture that promises 10x lower AI costs, positioning the $20.5 billion revenue trading giant at the cutting edge of AI-powered finance.
AI data center startup Fluidstack is seeking $1 billion in funding at an $18 billion valuation, more than doubling its worth in months, driven by a landmark $50 billion deal with Anthropic to build custom AI data centers across the U.S.
Meta locks in a massive multi-gigawatt AI chip deal with Broadcom through 2029, deploying cutting-edge 2-nanometer MTIA silicon as part of a staggering $135 billion infrastructure push that also spans partnerships with Nvidia, AMD, and Arm Holdings.
A perfect storm of surging AI token demand, a 48% spike in GPU costs, and war-driven semiconductor supply chain disruptions are pushing the AI industry to a breaking point, with OpenAI's token demand exploding from 6 million to 15 billion per minute and Anthropic restricting access to its latest model.
AI giants are battling for enterprise dominance as Anthropic locks its new Mythos model behind an exclusive program, Meta rolls out multimodal AI across its entire platform ecosystem, and OpenAI reports explosive business growth with enterprise revenue surpassing 40% of total income and 15 billion API tokens processed per minute.