Anthropic unveils massive $50 billion AI infrastructure investment creating 2,800 jobs across Texas and New York, with custom data centers launching in 2026 to compete directly with OpenAI's $1.4 trillion buildout as the company serves over 300,000 businesses and targets profitability by 2028.
Anthropic unveils massive $50 billion investment to build cutting-edge AI data centers in Texas and New York, partnering with Fluidstack to create nationwide infrastructure that will support America's rapidly growing artificial intelligence computing demands and foster collaboration between researchers and industry leaders.
AI companies face a massive financial crisis as 95% report zero return on investment while monthly AI spending surges 36% to $85,521, but new caching technology from Tensormesh promises dramatic 5-10× cost reductions by eliminating redundant GPU computations that currently waste billions in resources.
AMD CEO Lisa Su projects 35% annual revenue growth over the next three to five years, targeting double-digit market share in Nvidia's AI chip dominance with 80% annual data center growth and a major OpenAI partnership launching in 2026.
Google launches Private AI Compute platform to rival Apple's privacy-focused cloud processing, enabling Pixel 10 phones to handle complex AI tasks on secure servers while keeping sensitive user data inaccessible to Google itself.
Google launches Private AI Compute platform for Pixel 10 devices, using zero-access encryption and hardware-secured enclaves to process personal data with powerful Gemini AI models while keeping information completely inaccessible to Google itself.
SoftBank sells its entire $5.8 billion Nvidia stake to fund a massive $30 billion investment in OpenAI and participate in a $1 trillion AI manufacturing hub in Arizona, sending Nvidia shares down 3% as markets question founder Masayoshi Son's bold bet on artificial intelligence over chip manufacturing.
Nvidia CEO Jensen Huang warns China is winning the AI race despite U.S. chip bans, citing that 50% of global AI researchers and most leading open source models come from China while Beijing subsidizes energy costs for local alternatives.
OpenAI CFO Sarah Friar denies seeking government backing for the company's massive $1.4 trillion infrastructure deals to build data centers, while CEO Sam Altman reveals revenue has surged well beyond the previously reported $13 billion annually.
Google Cloud launches revolutionary Ironwood TPUs delivering 10X performance boost over previous generation chips, while AI company Anthropic prepares to harness up to one million TPUs as customers report dramatic improvements in speed and cost efficiency.