Vast Data Raises $1B at $30B, NVIDIA Backs AI Storage
Vast Data closes a $1B Series F at $30B valuation - triple its 2023 price - with NVIDIA, Drive Capital, and Access Industries backing its push to own the data layer for AI infrastructure.
Articles Tagged "Funding"
Thinking Machines Picks Google Cloud for First GB300 Deal
Mira Murati's AI lab signs a single-digit-billion deal with Google Cloud for GB300 chip access, its first cloud provider commitment, as frontier labs race to lock in next-gen compute.
SpaceX Secures $60B Option to Acquire Cursor This Year
SpaceX disclosed a deal granting it the right to buy AI coding platform Cursor for $60 billion in 2026, or pay $10 billion for shared development work, deepening Elon Musk's grip on the developer toolchain.
AI Labs Are Losing Billions - Here's Who Really Pays
OpenAI burned $2.5B in cash on $4.3B of revenue in the first half of 2025. Anthropic cut its gross margin forecast from 50% to 40%. Here's the compute subsidy math behind every AI subscription, and who's actually paying for it.
Amazon Bets $25B on Anthropic and 5GW of Trainium
Amazon will invest up to $25 billion more in Anthropic, with Anthropic committing to spend over $100 billion on AWS over the next decade, cementing Trainium as Claude's primary compute platform.
Factory Raises $150M to Scale Enterprise AI Droids
Factory closed a $150M Series C at a $1.5B valuation to expand its Droids - autonomous agents that handle the full software development lifecycle, not just code generation.
Stanford 2026 AI Index - Cash In, Transparency Out
Stanford's 2026 AI Index shows global investment hitting $581B in 2025, while foundation model transparency scores fell by a third as capabilities raced ahead of governance.
Cursor Targets $50B Valuation - Enterprise Now Pays the Bills
Cursor is in advanced talks to raise $2B+ at a $50 billion pre-money valuation, nearly doubling its November figure as enterprise clients drive 60% of revenue.
Positron Atlas - FPGA Inference Server
The Positron Atlas is an 8-card FPGA inference server delivering 4.5x better performance per watt than the NVIDIA DGX H200 at 2000W in a single 1U chassis.
Japan Forms $6B AI Alliance to Rival US and China
SoftBank, Sony, Honda, and NEC have formed Japan AI Foundation Model Development, backed by a $6.3 billion government commitment to build a trillion-parameter physical AI model on Japanese soil.
OpenAI's IPO Will Reserve Shares for Everyday Investors
OpenAI CFO Sarah Friar confirmed the company will reserve IPO shares for retail buyers, after the firm raised $3B from individuals in its $122B funding round - three times what it set out to raise.
Intel Joins Musk's $25B Terafab as Foundry Partner
Intel will use its 18A process node to manufacture chips for the Tesla-SpaceX-xAI joint venture targeting 1 terawatt of AI compute annually - and claims $2B in CHIPS Act subsidies in the process.
