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Together AI, one of several up-and-coming cloud providers renting out Nvidia chip servers to AI developers, is in talks with investors to raise around $1 billion in funding at a $7.5 billion valuation before the investment, according to two people with knowledge of the fundraise.
The funding would more than double its valuation from a year ago and could boost Nvidiaâs efforts to diversify its base of customers as investors worry about the chip designerâs dependence on a few large, traditional cloud provide
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Wall Streetâs sell-off of enterprise software stocks resumed in earnest late last week, sending stocks such as ServiceNow and Snowflake down around 8% or so on Friday, as jitters over the impact of new AI tools on older software firms intensified. But the panic may be too indiscriminate. One way of sorting out which software firms may have more of a future is to look at their spending on research... Read more âș
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We interrupt our regular AI programming to talk about something more entertaining: Netflix! The video-streaming giant kicks off tech earnings season on Thursday with its first-quarter earnings. Itâs the first quarterly report since Netflix walked away from its $82.7 billion deal to buy Warner Bros. Discoveryâs streaming and studio operations, so that distraction is gone. Now weâre back to guessing how long Netflix can keep growing at its recent annual... Read more âș
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OpenAI CEO Sam Altman addressed an attack on his San Francisco home in a personal blog post on Friday, noting rising criticism of the AI industry and saying there is a need to âde-escalate the rhetoric.â Earlier that day, San Francisco police arrested a man for allegedly throwing a Molotov ... Read more âș
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As Microsoft faces growing competition for business customers from Anthropic, it is developing new features that would make its AI assistant Copilot function more like OpenClaw, the open-source AI agent that has taken the AI industry by storm in recent months. A newly created team under Microsoft corporate vice president Omar Shahine is âexploring the potential of technologies like OpenClaw in an enterprise context,â including a team of always-on agents... Read more âș
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Tether, the worldâs biggest stablecoin issuer, has hired Jeremy Pollack, most recently vice president of Kinexys by JPMorgan, the bankâs blockchain business unit, to be its institutional expansion manager. Based in New York City, Pollack will build institutional partnerships to promote the usage ... Read more âș
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AI developers are getting more creative in how they acquire data to train AI models. For instance, theyâre paying startups to develop copies of popular apps, like Salesforce or Excel, to teach models how to use the appsâotherwise known as reinforcement learning environments or gyms.One beneficiary of this trend is Fleet, a two-year-old startup that develops and sells those RL environments. The startup is now in talks to raise at... Read more âș
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An OpenAI executive said in a memo to staff Sunday that the company is seeing âstaggeringâ demand for its upcoming joint product with AWS and that its exclusive cloud deal with Microsoft had âlimited our ability to meet enterprises where they are,â CNBC reported Monday. As one of OpenAIâs ... Read more âș
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Microsoft is playing catch-up in the AI power race by grabbing big sites in Texas and West Virginia for data centers fired by natural gas. It wasnât long ago that the company had a big lead.In the early days of the AI boom, Microsoftâs in-house energy team amassed a 9-gigawatt war chest of grid-powered data center sites that was the envy of the industry, according to people with knowledge of... Read more âș
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AI firmsâ voracious appetite for more data has lifted sales for obscure startups doing the industryâs unglamorous work: contracting with lawyers, PhDÂ holders and medical doctors who grade the answers AI models generate. The latest is Handshake, a 12-year-old startup that began as a job site for college graduates. Handshakeâs gross annualized revenue from AI training has risen to nearly $1 billion, up from $550 million in January and $5... Read more âș
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Dell and HP shares fell about 3% after hours Monday after Nvidia denied a report from website SemiAccurate that claimed the chip giant had been negotiating a deal for more than a year to acquire a large company that makes personal computers. The report didnât identify the company but Dell and ... Read more âș
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19.04.2026 05:11
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