Federal government strikes unprecedented $0.42 deal with xAI to deploy Grok AI models across all agencies through 2027, providing immediate access to advanced Grok 4 reasoning technology with dedicated engineering support and enterprise upgrade paths.
CoreWeave secures massive $6.5 billion deal with OpenAI, expanding their partnership to a staggering $22.4 billion total as the AI cloud provider races to meet exploding demand for Nvidia GPU-powered data centers amid what OpenAI's CEO calls 'terrible' compute constraints plaguing the industry.
Alibaba Cloud integrates Nvidia's embodied AI development toolkit, providing users with data processing, reinforcement learning and model training tools for physical robot development in a partnership that signals positive momentum for Chinese AI robotics companies.
Alibaba shares rocket 9% in premarket trading as CEO Eddie Wu announces plans to boost AI spending beyond the company's existing $53 billion three-year investment, while unveiling its new Qwen3-Max language model and expanding cloud infrastructure globally with new data centers across multiple continents.
OpenAI's $3 billion acquisition of coding startup Windsurf ignites a major intellectual property dispute with Microsoft, as the AI giant refuses to grant its key partner equal access to the new technology despite their existing multibillion-dollar investment agreement, potentially threatening their crucial cloud alliance.
Oracle raises $18 billion in 2024's second-largest bond sale with nearly $88 billion in investor demand, issuing debt including a rare 40-year bond to fund massive AI infrastructure spending for clients like OpenAI and Meta as cash flow turns negative for the first time since 1992.
Alibaba shares soar to a four-year peak as CEO Eddie Wu reveals plans to surpass the company's massive $53 billion AI investment commitment, with the tech giant reporting explosive triple-digit AI product growth and 26% cloud sales surge despite US chip restrictions forcing development of proprietary processors.
Big Tech companies see their combined market capitalization surge by $4 trillion as the rapidly expanding global artificial intelligence market drives unprecedented growth, significantly boosting overall market performance according to analyst R 'Ray' Wang's latest analysis.
Alibaba announces massive $53 billion investment in AI and cloud infrastructure over three years, surpassing its entire previous decade of spending in these sectors as CEO calls artificial intelligence a 'once-in-a-generation' opportunity while the company reports triple-digit AI revenue growth for six straight quarters.
Oracle, OpenAI and SoftBank announce five new U.S. data centers for their $400 billion Stargate project, accelerating toward 10 gigawatts capacity despite MIT research showing only 5% of AI pilot programs achieve rapid revenue growth.