Alibaba shares rocket 9% in premarket trading as CEO Eddie Wu announces plans to boost AI spending beyond the company's existing $53 billion three-year investment, while unveiling its new Qwen3-Max language model and expanding cloud infrastructure globally with new data centers across multiple continents.
Oracle raises $18 billion in 2024's second-largest bond sale with nearly $88 billion in investor demand, issuing debt including a rare 40-year bond to fund massive AI infrastructure spending for clients like OpenAI and Meta as cash flow turns negative for the first time since 1992.
Alibaba shares soar to a four-year peak as CEO Eddie Wu reveals plans to surpass the company's massive $53 billion AI investment commitment, with the tech giant reporting explosive triple-digit AI product growth and 26% cloud sales surge despite US chip restrictions forcing development of proprietary processors.
AI company Cohere raises additional $100 million funding, pushing its valuation to $7 billion while launching new Command A series enterprise models with vision, reasoning, and translation capabilities for secure deployment across global markets.
Microsoft launches Windows AI Labs, a new pilot program that rapidly tests experimental AI features across Windows applications starting with Microsoft Paint, aiming to validate innovative AI capabilities through direct user feedback on usability and market demand.
Stanford researchers coin 'workslop' to describe low-quality AI-generated content that 40% of workers now receive monthly, creating productivity drains as managers redo subpar projects and employees lose respect for colleagues submitting AI-generated work.
NVIDIA unveils revolutionary Rubin CPX GPU platform delivering unprecedented 8 exaflops of AI performance and 100TB memory in a single rack, enabling million-token processing for advanced coding and video generation with 7.5x more power than current systems, launching late 2026.
Google Labs launches Mixboard, an experimental AI-powered visual brainstorming tool in public beta across the U.S., enabling users to generate and edit images from text prompts using the new Nano Banana model for creative projects ranging from home decor to product development.
Databricks and OpenAI announce a groundbreaking $100 million partnership that brings GPT-5 and other advanced AI models directly to over 20,000 enterprise customers through the Databricks platform, enabling companies to build production-ready AI agents using their existing data without complex setup or security concerns.
Legal tech funding shatters records with $2.4 billion raised in 2025 as AI automation revolutionizes the legal industry, with major deals including Filevine's $400 million raise and Harvey's $600 million across multiple rounds transforming how legal work gets done.