Akamai stock surges over 25% to its highest level since 2000 after Anthropic is confirmed as the customer behind a massive seven-year, $1.8 billion cloud deal, as the AI company aggressively expands its compute infrastructure through multiple partnerships to combat usage limits and rival OpenAI.
Anthropic signs a massive $1.8 billion, seven-year cloud computing deal with Akamai Technologies as the AI company races to meet surging demand for its artificial intelligence software.
Isomorphic Labs, the AI-driven drug discovery spinout from Google DeepMind, is closing in on a massive $2 billion funding round led by Thrive Capital, with Alphabet also joining the deal.
Google DeepMind takes a minority stake in EVE Online developer CCP Games, now rebranded as Fenris Creations, using the iconic space MMO as a testing ground for advanced AI models focused on long-horizon planning and memory, as the newly independent studio completes a $120 million buyout and reports profitability in …
22-year-old founder Kabir Nagrecha raises $60M from Andreessen Horowitz, valuing his startup Tessera Labs at $320M, as its AI agents slash enterprise IT migration timelines from 10 months to weeks, saving Fortune 500 clients over $100M annually and threatening to disrupt the $1.4 trillion IT consulting industry dominated by giants …
The Pentagon awards Meta-backed Scale AI a massive $500 million contract to power military decision-making with artificial intelligence, a five-fold jump from its previous $100 million deal, as the US military rapidly expands its AI capabilities beyond the limits of its original agreement.
Chinese AI startup Moonshot AI raises $2 billion in a new funding round, catapulting its valuation past $20 billion as its Kimi chatbot drives over $200 million in annual recurring revenue, signaling explosive growth in China's competitive AI race against global giants like OpenAI and Anthropic.
Anthropic commits $200 billion to Google Cloud over five years, representing over 40% of Alphabet's entire backlog, sending Alphabet shares soaring in postmarket trading as surging demand for Claude Code drives a massive infrastructure expansion push.
Amazon CEO Andy Jassy defends a massive $200 billion AI investment, citing AWS revenue surging past a $15 billion run rate — growing 260 times faster than AWS did in its early years — as Amazon stock hits record highs amid booming investor confidence in AI's transformative potential.
Microsoft ends its exclusive deal with OpenAI as AWS immediately launches OpenAI models, Google Cloud breaks $20 billion in quarterly revenue, Elon Musk admits in court that xAI trained Grok using OpenAI models, and Meta's business AI explodes from 1 million to 10 million weekly conversations in under three months.