Former Google DeepMind researcher David Silver's new AI startup, Ineffable Intelligence, raises a record-breaking $1.1 billion seed round at a $5.1 billion valuation, marking the largest seed round in European history as it pursues superintelligence through reinforcement learning, backed by Sequoia, Nvidia, Google, and others.
OpenAI and Microsoft restructure their partnership, ending exclusive ties and allowing OpenAI to work with rival cloud providers like AWS, while Microsoft retains first-ship priority on Azure through a non-exclusive IP license until 2032, clearing the path for OpenAI's IPO.
OpenAI CEO Sam Altman calls for democratic AI ownership and warns against centralized control over superintelligence, but critics argue financial pressures from potential IPOs could ultimately push frontier AI labs in the opposite direction.
China's National Development and Reform Commission blocks Meta's $2 billion acquisition of AI startup Manus, exposing the 'Singapore-washing' strategy used by Chinese tech founders to relocate offshore and evade scrutiny from both Beijing and Washington.
A nine-person jury is seated in Oakland as the high-stakes Musk v. Altman trial kicks off, with Elon Musk seeking up to $134 billion from OpenAI, Sam Altman, and Greg Brockman over allegations they abandoned the company's nonprofit mission, with opening arguments set for Tuesday before Judge Yvonne Gonzalez Rogers.
Microsoft and OpenAI restructure their landmark partnership, granting OpenAI multi-cloud freedom while Microsoft retains a major equity stake, ends its revenue share payments, and keeps Azure as OpenAI's priority cloud provider through a newly amended agreement.
Google commits up to $40 billion to AI startup Anthropic, valuing it at $350 billion, as both Google and Amazon race to back the Claude AI maker amid explosive demand and critical infrastructure challenges.
Google commits $10 billion to AI startup Anthropic at a $350 billion valuation, with an additional $30 billion contingent on performance targets, deepening a complex partnership-rivalry dynamic in the global AI race.
Anthropic surpasses OpenAI in secondary market valuation, hitting $1 trillion on Forge Global as its annualized revenue explodes from $9 billion to $39 billion in just months, with investor demand so intense that some are offering property in exchange for shares.
Meta is slashing 10% of its workforce, cutting 8,000 jobs and canceling 6,000 open roles effective May 20, as the tech giant redirects resources toward massive artificial intelligence spending.