
Nebius Buys Eigen AI for $643M to Own Inference
Nebius agrees to acquire 20-person MIT inference startup Eigen AI for $643M, betting that optimizing every token per Nvidia chip is the real moat in the AI infrastructure race.
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Nebius agrees to acquire 20-person MIT inference startup Eigen AI for $643M, betting that optimizing every token per Nvidia chip is the real moat in the AI infrastructure race.

Cohere acquires Germany's Aleph Alpha at a $20B combined valuation, backed by a €500M Schwarz Group commitment, to build a transatlantic challenger for sovereign enterprise AI.

Google commits up to $40 billion to Anthropic alongside five gigawatts of cloud compute, making it the largest single infrastructure bet in AI history.

Project Prometheus has closed a $10 billion funding round at a $38 billion valuation, with BlackRock and JPMorgan backing Bezos's bet on physical AI for industry.

Anthropic's annualized revenue crossed $30 billion in April 2026, topping OpenAI's $24 billion run rate and marking the first time a rival has outpaced OpenAI in the generative AI race.

Fermi America's CEO and CFO both departed as the nuclear-powered AI data center startup collapsed 83% from its IPO high with no revenue and no anchor tenant.

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.

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.

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.

Meta expands its CoreWeave partnership by $21 billion through December 2032, bringing total commitments to $35 billion and locking in early NVIDIA Vera Rubin deployments.

Microsoft pledges $10B to Japan for AI data centers, cybersecurity cooperation, and workforce training from 2026 to 2029, partnering with SoftBank and Sakura Internet.

Eclipse Ventures closed two funds totaling $1.3B to build and back physical AI companies in robotics, defense, and manufacturing as investor conviction shifts from software to machines.