European Commission launches €3 billion AI strategy featuring two major initiatives: Apply AI Strategy to accelerate artificial intelligence adoption across industries and public sectors, and AI in Science Strategy creating RAISE virtual institute with €600 million funding to coordinate research resources and computational power continent-wide.
OpenAI secures massive multi-year deal with AMD for 6 gigawatts of Instinct GPUs starting in 2026, receiving warrants for up to 160 million AMD shares that could grant a 10% ownership stake, sending AMD stock soaring 24% as the partnership positions the chipmaker as a key alternative to reduce OpenAI's …
AMD stock rockets 35% to $222.24 after signing a massive multi-year chip supply deal with OpenAI worth tens of billions, giving the AI company access to 6 gigawatts of compute capacity and an option to purchase up to 160 million AMD shares.
Microsoft secures 100 megawatts of solar power from Japan's Shizen Energy through a 20-year agreement spanning four developments, supporting the tech giant's $2.9 billion expansion in Japan as the company contracts over 1 gigawatt of solar capacity this year to meet surging data center demands.
Google Cloud unveils Vertex AI Agent Builder as major corporations including ADT, Mayo Clinic, and Vodafone deploy AI-powered customer service agents using the new platform's no-code development tools and enterprise security features.
Major tech giants Meta and Oracle secretly accumulate $47 billion in hidden AI debt through off-balance-sheet financing schemes reminiscent of subprime mortgage crisis tactics, prompting analysts to warn of dangerous bubble behavior as companies gamble on unproven AI returns.
Huawei releases open-source SINQ technology that cuts AI model memory usage by 70%, allowing enterprise models that previously required $30,000 GPUs to run on $1,600 consumer graphics cards, potentially saving thousands in computing costs while maintaining performance quality.
Supabase launches revolutionary remote MCP server that enables AI agents like ChatGPT and Claude to connect instantly via single URL, eliminating complex local installations while introducing OAuth2 authentication and enhanced security features.
Google launches Jules Tools, a lightweight command-line interface that brings its AI coding agent directly into developers' terminals, featuring new API support for third-party integration and enhanced file-specific context capabilities.
Anthropic appoints former Stripe CTO Rahul Patil as new chief technical officer while co-founder Sam McCandlish moves to chief architect role, as the AI company restructures leadership to address infrastructure strain from Claude's surging popularity and intensifying competition from OpenAI and Meta's massive investments.