AI boom pushes Samsung to $1T
Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.
AI boom pushes Samsung to $1T Read More »
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Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
Peter Sarlin’s QuTwo reaches $380M valuation in angel round Read More »
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw Read More »
Sierra raises $950M as the race to own enterprise AI gets serious
The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global standard” for AI-powered customer experiences.
Sierra raises $950M as the race to own enterprise AI gets serious Read More »
Amazon opens up its global logistics network to all businesses
The new service, called Amazon Supply Chain Services, pits the e-commerce directly against UPS and FedEx.
Amazon opens up its global logistics network to all businesses Read More »
Salesforce is crowdsourcing its AI roadmap — with customers
Salesforce lets its customers lead its product roadmap with the thinking that if one enterprise customer has a problem, the others likely do too.
Salesforce is crowdsourcing its AI roadmap — with customers Read More »
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft gets to offer OpenAI’s tech to its cloud customers and doesn’t have to pay for it. “We fully plan to exploit it,” Nadella said.
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal Read More »
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Google Cloud surpasses $20B but says growth was capacity-constrained Read More »
OpenAI ends Microsoft legal peril over its $50B Amazon deal
OpenAI has won major concessions from its largest shareholder, Microsoft, that will allow it to sell products on AWS, while Microsoft get more cash in a revenue-share agreement.
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Data center demand drives 66% surge in natural gas power plant costs
Natural gas power plant costs have nearly doubled in two years and take 23% longer to build as data center electricity demand skyrockets.
Data center demand drives 66% surge in natural gas power plant costs Read More »