SpaceX signs a landmark $60 billion deal with AI coding tool Cursor, granting access to its 'Colossus' supercomputer and xAI's frontier models as the two companies race to dominate the coding agent space against OpenAI and Anthropic.
A breakthrough AI framework called FlashDrive slashes autonomous driving response times from 716ms to just 159ms — a 4.5× speedup — making real-time deployment of Vision-Language-Action models viable across multiple NVIDIA platforms with negligible accuracy loss.
Amazon is pouring up to $25 billion into AI startup Anthropic at a $380 billion valuation, as Anthropic commits to spending over $100 billion on AWS over the next decade while reporting $30 billion in annualized revenue amid a fierce race against OpenAI.
Apple is making a major leadership shift as Tim Cook transitions to Executive Chairman and hardware engineering chief John Ternus takes over as CEO, effective September 1, 2026, marking the end of a transformative era and the beginning of a new chapter led by a 25-year Apple veteran.
Tech giants Amazon, Google, and Microsoft shed a combined $900 billion in market value as investors revolt against $660 billion in projected AI spending with little return, while Apple surges 7% by taking a lean, asset-light AI approach that keeps its 2026 capital expenditure at just $14 billion, signaling a …
Google is in talks with Marvell Technology to develop two new AI chips targeting surging inference costs, expanding its custom silicon supply chain beyond existing partners Broadcom and MediaTek as AI query demands increasingly outpace training as the dominant compute expense for hyperscalers.
OpenAI doubles its deal with AI chipmaker Cerebras to over $20 billion, takes a potential 10% minority stake, and invests $1 billion in data center development, as Cerebras eyes a $35 billion IPO in Q2 2025.
NVIDIA's Blackwell architecture is revolutionizing AI infrastructure, delivering 35x lower token costs and 50x greater output per watt than its predecessor Hopper, as major cloud providers race to deploy the new GPUs and redefine how AI computing efficiency is measured.
Jane Street strikes a $6 billion cloud computing deal with CoreWeave while securing a $1 billion equity stake, gaining exclusive access to NVIDIA's next-gen Vera Rubin architecture that promises 10x lower AI costs, positioning the $20.5 billion revenue trading giant at the cutting edge of AI-powered finance.
Meta and Broadcom are joining forces to co-develop next-generation custom AI chips, committing to a massive multi-gigawatt silicon rollout to power AI across Meta's platforms, as Broadcom CEO Hock Tan steps down from Meta's board to serve as a strategic advisor on its chip roadmap.