India's richest man Mukesh Ambani launches Reliance Intelligence subsidiary with $100 million partnerships alongside Google and Meta to build national AI infrastructure and develop enterprise solutions for Indian and international markets.
Framer, a no-code website builder, soars to $2 billion valuation after raising $100 million in Series D funding, boasting over 500,000 monthly active users and $50 million in annual recurring revenue as it targets enterprise growth and AI-powered features.
Blue Water Autonomy secures $50M in Series A funding led by GV to pioneer autonomous naval vessels, aiming to develop unmanned ships for the U.S. Navy amidst evolving warfare tactics involving AI and unmanned systems, addressing technological gaps with urgency.
Alphabet integrates Gemini AI into Pixel 10's Tensor G5 chips, creating an on-device AI ecosystem that strengthens its AI flywheel through enhanced privacy, responsiveness, and cross-device experiences, fueling AI revenue potential and offering a compelling long-term investment opportunity.
OpenAI issues stern warning, declaring unauthorized investments like special purpose vehicles (SPVs) claiming exposure to its equity potentially worthless, as such investments may violate transfer restrictions and lack economic value, mirroring crackdown by other AI giants like Anthropic.
Scale AI secures a $99.5 million firm-fixed-price contract from the U.S. Army for artificial intelligence research and development services, beating out 10 other bidders, with work scheduled through August 2030.
Mongolian startup Egune AI pioneers culturally-aware language models for Mongolian language and nomadic traditions, challenging reliance on American and Chinese tech giants despite limited resources.
OpenAI CEO Sam Altman cautions investors about an impending AI bubble burst while simultaneously seeking a staggering $500 billion valuation for OpenAI, planning to invest trillions in data centers despite acknowledging overexcitement and implementation challenges plaguing the industry.
In a major coup, Google secures a staggering $10 billion AI cloud deal with Meta over six years, solidifying its position as a leading provider of artificial intelligence infrastructure as Meta doubles down on developing its Llama family of AI models.
FieldAI, backed by Jeff Bezos and Nvidia, secures over $400 million to develop AI 'brains' that control third-party robots using models trained on real-world data, powering the next generation of intelligent robotics.