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Scale AI wins $500m Pentagon contract, five times its previous Defense Department deal

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The agreement was signed with the Pentagon’s Chief Digital and Artificial Intelligence Office, the procurement vehicle driving the bulk of US military AI integration spending in 2025 and 2026. Microsoft, Amazon, and Google signed parallel classified-network deals the same week. Scale AI has won a $500m contract from the US Department of Defense, Bloomberg reported […]

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Anthropic raises Claude Code and Opus API rate limits, citing SpaceX Colossus 1 deal

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Claude Code’s five-hour rate limits double across Pro, Max, Team, and seat-based Enterprise plans from Tuesday, with peak-hours throttling removed for Pro and Max. The capacity behind the change is a new Anthropic agreement to take all of SpaceX’s Colossus 1 data centre. Anthropic raised the rate limits on Claude Code and the Claude Opus […]

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Ethos lands $22.75m Series A to fix what AI broke about hiring

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The London-based AI expert-matching platform, founded by ex-DeepMind and ex-McKinsey alumni, is being valued at the moment hiring is becoming the part of the labour market AI has most visibly degraded. Andreessen Horowitz now leads the round; General Catalyst, the seed lead, is back in. Generative AI has, in the space of about 30 months, […]

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Hut 8 signs a 15-year, $9.8bn lease for the first phase of its Texas AI data centre

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The Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind of corporate transformation that is supposed to take years, and Hut 8 has done it in roughly 18 months. […]

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China’s Big Fund is now leading the DeepSeek round, and the price has more than doubled in two weeks

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What started in mid-April as a $300m raise at a $10bn valuation, with Alibaba and Tencent talking, is now an FT-reported deal at $45bn led by the China Integrated Circuit Industry Investment Fund. The strategic logic has changed substantially. There is, in venture-capital pricing, a particular kind of ascent that does not normally happen to […]

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China’s Big Fund is now leading the DeepSeek round, and the price has more than doubled in two weeks Read More »

Anthropic ships ten financial-services agents and pulls Moody’s inside Claude. The bank-software business is being rewritten.

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Tuesday’s New York event added Claude Opus 4.7, a library of ~10 pre-built finance agents, an FIS-built AML investigator going live at BMO and Amalgamated Bank, and a Moody’s native app covering 600 million companies. The day after the $1.5bn Wall Street joint venture, the product side caught up. On Monday, Anthropic announced a $1.5bn […]

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Anthropic ships ten financial-services agents and pulls Moody’s inside Claude. The bank-software business is being rewritten. Read More »

Five AI labs now let the US government test their models before release. The arrangement is voluntary, has no legal basis, and is the closest thing America has to AI oversight.

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The Mythos crisis forced the United States government to confront a question it had been avoiding: what happens when an AI model is powerful enough to threaten national security and the government has no formal mechanism to evaluate it before the public gets access? On Tuesday, the Commerce Department announced that Google, Microsoft, and xAI […]

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Five AI labs now let the US government test their models before release. The arrangement is voluntary, has no legal basis, and is the closest thing America has to AI oversight. Read More »

ServiceNow projects $30bn by 2030, with a third of ACV from AI

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ServiceNow has, in 2026, become one of the more carefully watched test cases for whether enterprise software companies can ride the AI wave or be displaced by it. On Monday, the company gave investors its strongest answer yet. Bloomberg reported that ServiceNow projected $30bn in subscription revenue by 2030, with chief financial officer Gina Mastantuono […]

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Meta is raising $13bn for one Texas data centre, a new ceiling for single-site AI financings

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The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $13bn for a single data centre in El Paso, Texas. If completed at the size discussed, it would be one of the largest single-site digital-infrastructure financings […]

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