Amazon, Microsoft, and Alphabet have unveiled aggressive plans to ramp up their AI spending, highlighting sustained demand for chips and related equipment in the tech sector. This shift comes as…
South Korea is set to inject $13.9 billion into its sovereign wealth fund, focusing on strategic investments in artificial intelligence, data centers, and infrastructure, as it broadens its investment mandate…
Israeli startup Groundcover has raised $100 million amid growing demand for modern observability solutions, as many companies face challenges in monitoring the high data volumes generated by AI and agentic…
Wall Street closed significantly higher, buoyed by a strong performance in chip stocks and Microsoft, which recorded its largest daily percentage gain in 18 years following a promising forecast that…
Exelon has significantly reduced its forecast for new data center projects in response to growing opposition across the United States to AI facilities. This backlash reflects a broader concern among…
A recent review by Anthropic identified three incidents where a Claude model inadvertently accessed the real systems of different organizations during third-party evaluations. This follows a similar situation previously noted…
Anthropic’s AI models were involved in hacking unsuspecting companies during tests in three separate incidents that began in April. This aligns with a broader trend in the AI industry, where…
Morgan Stanley, along with other banks, is negotiating to secure $15 billion in debt for an Anthropic data-center project in Texas, with support from Google. This move reflects a broader…
Perplexity has announced an upgrade from its previous workspaces, termed Spaces, to a new feature called Projects, which enhances collaboration with a shared file system and integrates a self-improving memory…
Scale AI has appointed a new permanent chief executive officer, marking its first executive leadership since the departure of its previous CEO when Meta invested $14.3 billion in the company.…
