Artificial Intelligence

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Perplexity is sticking with a 2028 IPO while OpenAI and Anthropic race to list this year

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Perplexity AI plans to go public in 2028, and CEO Aravind Srinivas told CNBC that timeline has not changed because OpenAI and Anthropic are now filing for IPOs. “Agnostic of these two companies, we were planning for something in 2028, so that still remains the case,” Srinivas said. The statement positions Perplexity as the deliberate […]

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The company that wires AI data centres is raising prices because hyperscalers have no alternative

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Fujikura, the Tokyo-based fibre-optic cable manufacturer, is raising prices on the cables that connect servers inside AI data centres. CEO Naoki Okada told Bloomberg the company is on track to beat its own forecast thanks to sustained demand from nearly every major US hyperscaler. “We supply a valuable product,” Okada said. “We will raise prices a […]

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OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded.

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OpenAI submitted confidential IPO paperwork to the SEC on Monday, the company confirmed. Goldman Sachs and Morgan Stanley are advising on a potential listing that could come as soon as the autumn, according to people familiar with the matter. The filing makes OpenAI the third major AI-adjacent company to move towards public markets in a single […]

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OpenAI filed confidentially for an IPO. Anthropic filed last week. SpaceX lists on Thursday. The AI public market is about to get very crowded. Read More »

Cipher Digital raises $810 million in junk bonds to build another Amazon data centre in Texas

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Cipher Digital is raising $810 million from a junk-bond sale to finance a data centre in West Texas that Amazon will lease for 15 years, according to Bloomberg. The deal, pitched at a yield of about 6.25 per cent, will fund the remaining construction costs of Cipher’s Stingray Facility, a 100-megawatt computing campus in Andrews […]

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Pentagon adds Alibaba, Baidu, BYD, and Unitree to its Chinese military companies list

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The Pentagon has added Alibaba, Baidu, BYD, and robotics company Unitree to a list of entities it says support the Chinese military, the Department of Defense announced on Monday. The updated 1260H list now names 188 companies that the Pentagon identifies as operating in the United States and contributing to China’s military-civil fusion strategy. The […]

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For the second time, Apple Intelligence is delayed in Europe, and this time there is no timeline

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Apple announced on Monday that Siri AI, the rebuilt assistant it unveiled hours earlier at WWDC 2026, will not be available on iPhone or iPad in the European Union when iOS 27 and iPadOS 27 ship later this year. The company said EU regulators rejected every proposal Apple put forward over several months to bring […]

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For the second time, Apple Intelligence is delayed in Europe, and this time there is no timeline Read More »

Nashville Zoo says a proposed AI data centre could stop its endangered leopards from breeding

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The Nashville Zoo has launched a campaign to block a 69,000-square-foot AI data centre proposed by Georgia-based DC BLOX on a site roughly 50 yards from the zoo’s animal enclosures. A petition against the project has drawn nearly 300,000 signatures in less than a week. Nashville’s Metro Council is now considering a data centre moratorium, […]

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Apple finally ships its AI do-over: Siri AI, a standalone app, and a three-tier privacy stack

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Apple used its annual developer conference on Monday to unveil Siri AI, the most significant overhaul of its voice assistant in 15 years, rebuilt from the ground up on a custom Google Gemini model. The WWDC 2026 keynote at Apple Park also marked Tim Cook’s final appearance as CEO before he hands the role to […]

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Amazon raises C$14 billion in the largest Canadian dollar bond sale on record to fund AI infrastructure

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Amazon is raising C$14 billion, approximately $10 billion, from investment-grade bonds denominated in Canadian dollars, according to Bloomberg. The deal is the largest corporate bond offering ever in the currency, surpassing the C$8.5 billion Alphabet raised in Canadian dollars just one month ago. The offering consists of five tranches of senior unsecured notes with maturities […]

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The growing divide between surface-level AI adoption and meaningful impact across safety-critical industries

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Artificial intelligence has rapidly moved from experimentation to mainstream business adoption. Around 78% of organizations reported using AI in 2025, reflecting how quickly the technology has become embedded across business operations. Yet, only 25% of organizations said most of their AI initiatives achieved their expected return on investment, highlighting a growing gap between adoption and measurable impact. Against that […]

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