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The Amsterdam-based AI cloud firm signed a roughly $3 billion deal with Meta to supply high-performance GPU infrastructure over the next five years — its second multibillion-dollar hyperscaler contract in just two months. The move cements Nebius as one of the most aggressive players in … Read more
SoftBank just pulled the trigger on a massive sell.In a bold reshuffle of its AI war chest, Masayoshi Son’s SoftBank dumped its entire stake in Nvidia, pocketing $5.83 billion in cash. That’s right—SoftBank, one of the earliest believers in Nvidia’s AI hardware boom, just cashed … Read more
In a world where startups burn billions to chase growth, Gamma did the opposite — it built quietly, earned profit, and now just raised $68 million at a $2.1 billion valuation. The five-year-old AI startup is taking aim at Microsoft PowerPoint and Google Slides, proving … Read more
The cloud age just turned a corner.Today, Amazon Web Services (AWS) and OpenAI announced a multi-year strategic partnership that gives OpenAI immediate access to AWS’s world-class infrastructure, while committing to a whopping $38 billion investment over the coming years.Under the deal, OpenAI will tap hundreds … Read more
Israeli startup Augmented Intelligence (AUI) has raised $20 million in a SAFE funding round at a $750 million valuation cap, signaling a strong vote of confidence in its hybrid symbolic-generative AI model.The company claims its architecture bridges the gap where conventional large language models stumble … Read more
OpenAI has acquired Software Applications Incorporated, the startup behind the AI interface “Sky,” in a move that signals its push into desktop computing. The team behind Mac automation is now part of OpenAI as the company charts a course for next-generation productivity tools. Key Takeaways … Read more
The founders behind Nord Security have quietly returned — this time to tackle enterprise AI.In a sharply timed move, Nexos.ai has raised €30 million in a Series A round and is pitching itself as the “Switzerland for LLMs” — a neutral enclave for safe, governed … Read more
A one-year-old German AI company is chasing a $4bn valuation.Black Forest Labs, known for its Flux image-generation models, is exploring a new funding round of up to $300mn, underscoring investor appetite for AI challengers to Google and OpenAI. Key Takeaways Black Forest Labs, a German … Read more
Light has bagged $30 million to upend finance operations for the world’s fastest-growing companies.The Denmark-based startup plans a U.S. push and rapid hiring as it ditches legacy accounting tools for an AI-native platform built from scratch. Key Takeaways Light, a Denmark-based startup, secured $30 million … Read more
Sam Altman had a deadline — and a $100 billion deal to close. In a whirlwind of late-night calls, hurried meetings, and presidential briefings, OpenAI and Nvidia struck one of the largest partnerships in tech history, hours before Altman boarded a flight to Texas to … Read more