Groq Inc. secures a massive $650 million funding round led by Disruptive and Infinitum to aggressively expand its AI data centers and cement its position as a major competitor in the rapidly growing AI infrastructure market.
SpaceX signs a massive $6.3 billion computing deal with AI startup Reflection AI, granting access to Nvidia GB300 chips at $150 million per month starting July 2026, as the $25 billion company races to build open-source AI models for governments and enterprises.
Reflection AI launches with $2 billion in funding from NVIDIA, Sequoia, and Lightspeed, unveiling a frontier large language model platform built by pioneers behind PaLM, Gemini, and AlphaGo, with a bold mission to make cutting-edge open AI accessible to everyone.
AI pioneer Yann LeCun declares Elon Musk's xAI a 'failure' and warns OpenAI and Anthropic are heading toward a 'big bubble explosion' as AI service costs far outpace user payments, while his own $3.5 billion startup bets on 'world models' as the future of AI.
DeepSeek closes its first funding round at a $50 billion valuation, cementing its status as China's most valuable AI-only company, while founder Liang Wenfeng demands investors sign a strict no-poaching agreement to protect its talent from rivals like Xiaomi and Tencent.
AI startup General Intuition is raising $300M at a $2B valuation, backed by Jeff Bezos and Eric Schmidt, leveraging 2 billion gaming videos annually to train embodied AI agents with unique spatial-temporal reasoning capabilities.
Cyber warfare startup Twenty reaches a $1 billion valuation after securing $100 million in Series B funding led by Accel, as the U.S. military-contracted company accelerates its mission to 'industrialize cyber warfare' amid escalating threats from China and Russia.
Atom Computing secures $100 million in Series C funding led by Third Point Ventures, cementing its position as one of only nine U.S. government-backed quantum computing startups and signaling surging investor confidence in the quantum computing sector.
Tech layoffs surge to a two-year high with nearly 40,000 cuts as AI takes the blame for a third straight month, while a small circle of AI insiders mint billions through IPOs and skyrocketing valuations — sparking comparisons to post-2008 inequality backlash and warnings of an even more volatile public …
Salesforce acquires AI customer service platform Fin for $3.6 billion to supercharge its Agentforce platform as the company battles a stock slump of over one-third in 2026 amid fears that emerging AI could disrupt its core business model.