Breaking developments and updates from the AI industry.
Korean AI startup Upstage is in talks to acquire 10,000 of AMD's MI355 AI accelerator chips in one of the largest known non-NVIDIA AI chip orders. The deal would be a major validation for AMD's latest…
Kandou AI, an AI chip startup, raised $225 million from SoftBank, Synopsys, and other investors at a $400 million valuation. The company pivoted from consumer hardware to AI infrastructure chips. The…
Dash0, which builds AI agents to monitor and troubleshoot cloud, application, and infrastructure issues, raised $110 million led by Balderton Capital at a $1 billion valuation. The NYC-based company i…
BlackRock, Global Infrastructure Partners (GIP), and Abu Dhabi's MGX are acquiring data center assets in a deal valued at approximately $40 billion. The takeover is designed to meet surging demand fo…
Super Micro Computer co-founder Yih Shyan "Wally" Liaw was arrested by the Justice Department as part of a $2.5 billion AI chip smuggling ring. The indictment alleges illegal export of AI servers to …
Adobe CFO Dan Durn has deployed agentic AI across finance operations, auto-responding to 300,000 emails, dramatically reducing contract review times, and stress-testing earnings messaging with AI. Dur…
An anonymous Substack post accuses compliance startup Delve of "falsely" convincing hundreds of customers they were compliant with privacy and security regulations. The allegations suggest Delve's aut…
Walmart ended its partnership with OpenAI's Instant Checkout feature due to accuracy and integration issues. The feature, announced in October 2025, allowed customers to shop through ChatGPT but fail…
Tech companies signed a White House pledge to pay the full cost of their energy requirements, including building their own power plants. The move endorses a trend already underway: private electricit…
Researchers at the University of Cambridge developed a hafnium oxide-based memristor that mimics brain neurons, storing and processing information in the same place. The device demonstrated exception…
OpenAI has reportedly signed a partnership with AWS to sell its AI systems to the U.S. government for classified and unclassified work, marking an expansion beyond its Pentagon deal last month.…
After their dramatic falling-out, it doesn't seem as though Anthropic and the Pentagon are getting back together.…
