Bids came in lower than expected.

Crusoe, a cloud-computing provider and data center developer doing business with OpenAI, Microsoft Corp. and Meta Platforms Inc., has raised over $3 billion in a funding round that values the startup at roughly $30 billion, according to people familiar with…

Exclusive details on Town’s new $90M fundraise at a $1B valuation, and the eleventh-hour cap table reshuffling of VCs behind it, per Upstarts sources.

Subsense’s brain computing interface could compete with Elon Musk’s Neuralink, but would not require surgery.

Benchmarker Vals AI finds that multi-stage tasks can require models to use exponentially more energy or water than simple queries do.

More than 200 people in roles such as engineering, finance, and communications will now be represented by the Communications Workers of America.

Resect AI, an artificial intelligence startup led by a team of scientists and engineers in Washougal, Wash., launched out of stealth Thursday.

The company, which helps divide AI tasks among different chips, raised $300 million in its latest round

The startup began as an emoji-named app for teens before becoming a crusader for open-source artificial intelligence.

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Apple and suppliers working to ramp up output while meeting strict quality standards

Nvidia reported $99 billion in equity holdings as it backs AI labs, cloud providers and infrastructure companies across the sector.

The news hit with a thud in June: Binance Holdings Ltd., the world’s largest crypto exchange, was about to get kicked out of the European Union.

DeepSeek plans to deploy at least 160,000 of Huawei Technologies Co.’s top accelerators at a massive data center it’s building in Inner Mongolia, which could create one of the largest known clusters of Huawei AI chips and advance China’s efforts to replace…

Thailand’s embrace of data centers hit a speed bump after the government suspended construction of 49 server farms as public concerns about the power-hungry facilities’ impact on communities intensify.

South Korea’s lead over China in memory chip production is expected to widen further thanks to an aggressive expansion of domestic facilities by Samsung Electronics Co. and SK Hynix Inc., according to the Bank of Korea.

Moonshot AI is considering raising up to $5 billion in its planned Hong Kong initial public offering as soon as this year, people familiar with the matter said, as the Chinese artificial intelligence champion taps into strong investor demand.

The first Project Zenith devices ship with AMD’s Ryzen AI Halo chips.