
OpenAI Closes In on $100 Billion Mega-Round at $850 Billion Valuation
OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.

OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.

Alpamayo 1, a 10-billion-parameter vision-language-action model that explains its own driving decisions, has become the most downloaded robotics model on Hugging Face - less than two months after its CES 2026 debut.

Toronto startup Taalas raises $169M to build custom chips that permanently etch AI model weights into transistors, claiming 73x faster inference than Nvidia's H200 at a fraction of the power.

Nvidia abandons its $100B infrastructure partnership with OpenAI after five months of stalling, replacing it with a $30B equity stake as OpenAI's record-breaking funding round nears $100B at an $850B valuation.

Meta and Nvidia announce a multiyear deal spanning millions of GPUs and CPUs, with Meta becoming the first to deploy Nvidia's Grace CPUs standalone at scale.

AI data centers now consume 70% of global memory production, triggering price surges, product delays, and warnings of manufacturer bankruptcies across consumer electronics.