Technology ❯ Artificial Intelligence

Investment

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Firmus Raises $505 Million From Coatue and Nvidia, Valuing AI Data Center Builder at $5.5 Billion

The raise signals investors tying capital to chip access to speed new AI data centers in the region.

Meta Confirms Nearly 200 Bay Area Layoffs as It Ramps Up AI Spending

Meta Cuts Jobs as Legal Setbacks and AI Spending Plans Rattle Investors

SoftBank Secures $40 Billion Unsecured Bridge Loan to Boost OpenAI Investment

Bitcoin Miners Pivot to AI Hosting as Post-Halving Squeeze Bites

Meta Weighs 20% Workforce Reduction Tied to AI Investment Push

Amazon Launches Up to $42 Billion Bond Sale for AI Infrastructure

OpenAI Secures $110 Billion From Amazon, Nvidia and SoftBank at $730 Billion Valuation

ChatGPT Hits 900 Million Weekly Users as Paid Subscribers Top 50 Million

UKRI Unveils First AI Strategy, Backed by £1.6 Billion Through 2030

UK AI Minister Says India and Britain Can Lead Global AI Adoption

AI Boom Faces Fresh Scrutiny Over Circular Financing, Soaring Valuations and Gigawatt-Scale Buildouts

Alphabet Taps 100-Year Bond as Big Tech’s AI Build-Out Swells to Roughly $670 Billion

Pakistan Adopts Sovereign AI Blueprint, Unveils $1 Billion Plan at Indus AI Week

AI Investment Soars as Many Firms Still Struggle to Adopt

Big Tech’s $600–$660 Billion AI Buildout Deepens Software Selloff as Chip Stocks Climb

Tech Stocks Extend Selloff as Big Tech Supercharges 2026 AI Spending

Big Tech Maps $650–$700 Billion AI Spend for 2026 as Nvidia Calls the Buildout Sustainable

OpenAI Broadens Inference Chip Sourcing as Reports Highlight Push for Lower Latency

OpenAI in Talks for Up to $100 Billion Funding as Amazon, Nvidia and Microsoft Consider Big Stakes