DeepSeek is seeking $1.5 billion at a $71 billion valuation and eyeing a potential 2027 IPO — possibly as early as this year — just one month after closing a $7 billion round at $50 billion, as the Chinese AI startup surges to nearly 23% of tokens processed on Vercel's …
Kalshi launches a GPU forward curve tool that maps future computing power prices using prediction market contracts, positioning compute as a major financial commodity alongside CME Group and ICE as AI infrastructure demand drives projected data center spending into the trillions.
New York Governor Kathy Hochul signs the nation's first statewide data center moratorium, blocking new environmental permits for facilities over 50 megawatts for up to a year as regulators develop standards to address rising energy costs, water use, and air quality concerns amid a nationwide pushback against AI-driven data center …
Reflection AI, an $8 billion open-model startup, secures a massive $1 billion compute deal with Nebius, gaining access to cutting-edge Nvidia chips as AI companies intensify their race to lock down critical computing infrastructure.
New York Governor Kathy Hochul signs the nation's first statewide moratorium on new hyperscale data centers, freezing state environmental permits for up to one year while a regulatory framework is developed to protect ratepayers, communities, and the environment — also targeting sales tax exemptions and requiring data centers to invest …
xAI's Grok Build CLI is secretly uploading entire codebases — including unredacted secrets files — to xAI servers, with wire captures confirming gigabytes transferred from files the tool never even accessed, and the opt-out toggle proven completely ineffective at stopping the uploads.
Prefect's open-source Python workflow orchestration platform is automating over 200 million data tasks monthly, attracting Fortune 50 companies and startups alike, backed by a thriving community of 25,000 practitioners and nearly 23,400 GitHub stars.
Open-weight AI models surge to 29% of token volume with DeepSeek commanding 22.6% and closing in on Google, yet all open-weight models combined account for under 4% of total spend, as Anthropic, OpenAI, and xAI each dominate separate AI modalities, forcing production apps to route across multiple labs.
Anthropic and OpenAI are locked in an aggressive AI price war, offering free and expanded access to their most powerful models in a high-stakes battle for user loyalty, even as soaring compute costs raise serious questions about the long-term financial viability of their loss-leader strategy.
OpenAI, Meta, and SpaceX are locked in a fierce race to release cheaper, more cost-efficient AI models, with OpenAI's new GPT-5.6 leading the charge by processing tasks with significantly fewer tokens, signaling a major industry shift where affordability now rivals raw performance as the ultimate competitive edge.