Artificial Intelligence

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Sequoia and Nvidia back AlphaGo creator David Silver’s Ineffable Intelligence at $5.1 billion

Silver left Google DeepMind in late 2025 after more than a decade building AlphaGo, AlphaZero, AlphaStar, and contributing to Gemini. Ineffable Intelligence was incorporated in November 2025 and has no product, no revenue, and no public roadmap. What it has is a thesis, and a founder whose track record is worth a billion dollars to […]

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Meta signs a deal to beam solar energy from space to its AI data centres

Overview’s satellites will collect sunlight continuously in geosynchronous orbit and beam it as near-infrared light to existing ground solar installations, which convert it to electricity. The approach extends solar farm output through the night without new land, new grid connections, or new infrastructure on the ground. Meta has signed an agreement with Overview Energy, a […]

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Musk v. Altman goes to trial in Oakland

A four-week federal case over OpenAI’s soul, a diary entry, $150 billion in claimed damages, and the question of whether a nonprofit can become the world’s most valuable AI company.  The years-long legal battle between Elon Musk and Sam Altman over the future of OpenAI moved from social media to a federal courtroom in Oakland, […]

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Google DeepMind to open its first AI campus in the world in Seoul

Demis Hassabis met South Korean President Lee Jae Myung at Cheong Wa Dae on Monday and signed an MOU with the Ministry of Science and ICT. The campus will be operational this year. Hassabis accepted a request to send at least 10 Google engineers from US headquarters. He presented Lee with a Go board signed […]

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DeepSeek cuts V4-Pro prices by 75% and slashes cache costs across its entire API to a tenth

The promotional discount runs until 5 May 2026. Even at full price, V4-Pro already undercuts GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro on per-token costs. The move is a direct challenge to the pricing strategy of US AI providers at a moment when the Trump administration has accused Chinese firms of distilling American AI […]

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DeepSeek cuts V4-Pro prices by 75% and slashes cache costs across its entire API to a tenth Read More »

The AI rally looks like the dot-com bubble. The companies do not.

The Shiller cyclically adjusted price-to-earnings ratio for the S&P 500 stands at approximately 38 to 40, depending on the day you check. In 155 years of recorded data, the CAPE has been higher exactly once: March 2000, when it reached 44.19, one month before the Nasdaq began a decline that would erase 78% of its […]

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The AI rally looks like the dot-com bubble. The companies do not. Read More »

The Stanford professor behind an FDA-cleared cardiac AI wants $1 billion for his next company

Summary: Stanford professor James Zou is reportedly raising approximately $100 million at a valuation targeting $1 billion for a startup called Human Intelligence that applies AI to research on the human body, according to Bloomberg. Zou’s research includes an FDA-cleared cardiac AI (EchoNet), a Nature-published Virtual Lab that designed novel nanobodies, and a Virtual Biotech […]

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SoftBank is converting a Sharp LCD factory into a battery plant for AI data centres. The data centres cannot wait five years.

Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical integration stack spanning chips (Arm, Graphcore, Ampere), modular data centre manufacturing (Lordstown), energy generation (SB […]

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SoftBank is converting a Sharp LCD factory into a battery plant for AI data centres. The data centres cannot wait five years. Read More »

Cohere and Aleph Alpha announce merger in Berlin, creating a $20 billion transatlantic AI company

Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The German government is set to become an anchor customer. Both digital ministers attended the Berlin announcement. Cohere, the Toronto-based enterprise AI company, and Aleph Alpha, the Heidelberg-based German AI startup, […]

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Cohere and Aleph Alpha announce merger in Berlin, creating a $20 billion transatlantic AI company Read More »

DeepSeek returns with V4-Pro and V4-Flash, a year after its ‘Sputnik moment’

The Hangzhou startup released preview versions of both models on Hugging Face on Friday. V4-Pro claims top performance on coding and maths among open models, trails only Gemini 3.1-Pro for world knowledge, and falls “marginally short” of GPT-5.4 and Gemini 3.1-Pro, a gap DeepSeek says is “approximately 3 to 6 months.” Both models are open-source. […]

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