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.
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.
A custom C/Metal inference engine called Flash-MoE is now running a massive 397-billion parameter AI model on a standard MacBook Pro with 48GB RAM, streaming 209GB directly from SSD at 4.4 tokens per second — with 58 documented experiments revealing that Apple Silicon's unified memory architecture defies conventional optimization wisdom.
Super Micro Computer co-founder Wally Liaw resigns after a federal indictment charges him with smuggling Nvidia AI chip-laden servers into China through fake paperwork and decoy hardware, generating $2.5 billion in illicit sales since 2024, sending company shares crashing 33%.
Amazon is developing an AI-powered smartphone codenamed 'Transformer,' built around Alexa and potentially ditching the traditional app store in favor of mini apps, though the company faces skepticism given the Fire Phone's failure and recent Alexa Plus backlash.
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 GTC 2026 unveils a sweeping AI strategy spanning robotics, personal agents, and open models with the new Nemotron Coalition, as the company fights to defend its CUDA dominance against rising competitors and cement itself as the foundational platform of the entire AI industry.
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 …