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.
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.
Thinking Machines Lab is aggressively poaching Meta's top AI talent, including PyTorch co-founder Soumith Chintala, as a fierce bidirectional talent war intensifies between the two companies, fueled by TML's $12 billion valuation and a major cloud deal with Google for cutting-edge Nvidia chips.
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.
Vast Data secures a massive $1 billion Series F funding round backed by Nvidia, catapulting its valuation to $30 billion — more than triple its 2023 worth — as the AI infrastructure company surpasses $4 billion in cumulative bookings and $500 million in annual recurring revenue.
Vast Data secures $1 billion in Series F funding, tripling its valuation to $30 billion with backing from Nvidia and Fidelity, as its AI data infrastructure platform tackles critical memory and storage bottlenecks threatening to derail the generative AI revolution.
SpaceX strikes a landmark $60 billion deal to acquire AI coding startup Cursor, signaling a major push into the AI tools market as the two companies unite with the ambitious goal of building the world's best coding and knowledge work AI.
Mira Murati's Thinking Machines Lab signs a multibillion-dollar deal with Google Cloud, gaining access to Nvidia GB300 GPU-powered infrastructure to fuel its reinforcement learning workloads and Tinker, its custom frontier AI model automation tool.