Gimlet Labs raises $80M in a Series A led by Menlo Ventures to power a multi-silicon AI inference cloud that simultaneously runs workloads across CPUs, GPUs, and high-memory systems, claiming 3x to 10x speed improvements while tackling the hundreds of billions wasted on idle hardware.
AI startups are dominating venture capital, capturing 41% of $128 billion raised on Carta last year, with just 10% of companies securing half of all funding as giants like OpenAI and Anthropic raise tens of billions in a increasingly K-shaped market.
OpenAI is scaling back its data center ownership ambitions ahead of a potential IPO, shifting to cloud partners like Oracle, Microsoft, and Amazon while slashing compute spending targets from $1.4 trillion to $600 billion by 2030, as a $100 billion Nvidia investment deal appears to collapse.
Elon Musk launches Terafab, a $20 billion joint chip manufacturing venture between Tesla, SpaceX, and xAI in Austin, Texas, targeting a terawatt of annual computing power to fuel self-driving, robotics, and space applications.
Halter, a startup making AI-powered smart collars for cows, is in talks to raise funding that would more than double its valuation to over $2 billion, with Peter Thiel's Founders Fund set to lead the round.
Nvidia CEO Jensen Huang announces the company projects over $1 trillion in data center sales through 2027, driven largely by hyperscalers like Amazon and Google, with the actual total expected to surpass $1.25 trillion once newly debuted chip platforms are factored in.
AI giants like OpenAI, Nvidia, and Anthropic are racing to dominate a multi-trillion-dollar infrastructure buildout, with OpenAI raising $110 billion in a single funding round, as experts warn the dangerous concentration of power over AI models, data centers, and energy mirrors the social media era and risks enabling bioweapons, election …
A billion-dollar race to build world models is accelerating as AI giants and startups pour massive funding into technology that can simulate physical reality, with AMI Labs raising $1.03 billion and World Labs securing $1 billion to overcome the critical limits large language models face in robotics and autonomous driving.
Y Combinator-backed compliance startup Delve, valued at $300 million, is under fire from an anonymous whistleblower alleging it fabricates compliance evidence, potentially exposing hundreds of clients to criminal HIPAA liability and GDPR fines, while a security researcher simultaneously uncovers critical vulnerabilities in its systems.
Samsung announces a record $73.3 billion investment in chip capacity and research for 2026, a 22% spending surge designed to wrestle AI semiconductor dominance away from SK Hynix and outpace TSMC's $50 billion capex plan.