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Silicon Valley start-ups embrace 'refounding' as A.I. scrambles business models across tech

Tech executives are ditching the term 'pivot' for 'refounding' as they transform their companies into A.I.-focused ventures. Airtable, Handshake, and Opendoor lead this trend, announcing sweeping changes including new pricing models, layoffs, and mandatory office returns. The approach aims to inject start-up energy into existing businesses while signaling high-stakes transformation in the A.I. era.

2 Sources

Jensen Huang warns China's infrastructure speed could shift the AI race despite US chip lead

Nvidia CEO Jensen Huang highlighted a critical vulnerability in America's AI ambitions: while the US leads in chip technology, China builds data centers at breakneck speed and commands twice the energy capacity. He noted data center construction takes three years in America but China can build a hospital in a weekend, raising questions about long-term competitiveness.

2 Sources

06 Dec 2025

SoftBank in talks to acquire DigitalBridge as AI infrastructure demand drives $6.7 trillion market

SoftBank is negotiating to acquire DigitalBridge, a digital infrastructure firm managing $108 billion in assets, to capitalize on booming demand for data centers. The deal could close by year-end, with DigitalBridge shares surging 35% on the news. McKinsey projects AI-linked infrastructure spending could reach $6.7 trillion by 2030.

3 Sources

05 Dec 2025

Netflix's $82.7 billion Warner Bros. deal is really an AI play to counter Google's chip dominance

Netflix's historic $82.7 billion acquisition of Warner Bros. Discovery isn't just about content—it's a strategic AI play. S&P analyst Melissa Otto reveals the deal targets Google's TPU chip advantage and control over the video corpus needed to train next-generation AI models, as Netflix builds a moat against YouTube's growing dominance in streaming.

3 Sources

Rubrik shares surge 18% as enterprises seek data security against AI threats

Rubrik's stock soared 18% after the data security firm reported strong third-quarter results driven by rising enterprise demand for cyber resilience. The company posted $350.2 million in revenue and raised future guidance as organizations seek protection against artificial intelligence threats and cyberattacks.

2 Sources

Apple executive exodus accelerates as AI talent flees to OpenAI and Meta

Apple is experiencing an unprecedented wave of high-level executive departures, with four senior leaders leaving within 72 hours this week. Dozens of engineers and designers with expertise in audio, robotics, and wearables have joined OpenAI's hardware division, while Meta recruited Apple's user interface design leadership. The talent drain raises questions about Apple's ability to compete in the AI landscape.

4 Sources

Microsoft 365 price increase in 2026 adds AI capabilities but raises costs for millions

Microsoft announced price increases for Microsoft 365 subscriptions affecting commercial and government customers starting July 1, 2026. Business Basic rises from $6 to $7 per month, while frontline worker plans see sharper hikes—F1 jumps from $2.25 to $3, a 33% increase. The company justifies the adjustments with over 1,100 new features including enhanced Copilot functionality, expanded security protections, and AI-powered intelligent features across Word, Excel, PowerPoint, and Outlook.

2 Sources

HPE misses revenue targets as AI server sales slide on customer delays and supply chain snags

Hewlett Packard Enterprise reported Q4 revenue of $9.68 billion, missing Wall Street's $9.93 billion target, as AI server sales declined 5% to $4.46 billion. The company cuts its guidance for Q1 2026, citing customer delays in AI projects and supply chain issues affecting delivery schedules. Despite booking $2 billion in new AI server orders, HPE's stock fell over 9% as larger government and enterprise customers postpone deployments.

2 Sources

AMD's Lisa Su dismisses AI bubble fears as chip demand surges with OpenAI deal

AMD CEO Lisa Su has emphatically rejected concerns about an AI bubble, calling such fears "somewhat overstated" at WIRED's Big Interview conference. Her comments come as AMD prepares for a massive 6-gigawatt Instinct GPU deployment with OpenAI and navigates a 15% export tax on MI308 chips bound for China.

7 Sources

Arm to launch chip design school in South Korea, training 1,400 specialists for AI push

SoftBank's Arm signed a deal with South Korea to establish a chip design school that will train 1,400 specialists by 2030. The initiative aims to strengthen the country's semiconductor and AI industries as South Korea positions itself among the world's top three AI powers.

3 Sources

AI Bust Expected Within 12 Months But Rebound Will Be Bigger Than Internet Era, Says NTT Data CEO

NTT Data Inc. CEO Abhijit Dubey warns that the AI boom is headed for a bust as enterprise demand lags behind the capital rush into AI infrastructure, creating data center overcapacity. However, he predicts the correction will be short-lived, with a bounce back much bigger than the Internet era and compressed into a shorter timeframe.

2 Sources

Moore Threads surges over 500% in blockbuster Shanghai IPO as China accelerates chip independence

Moore Threads, dubbed 'China's Nvidia,' skyrocketed over 500% in its Shanghai trading debut after raising $1.1 billion. Founded by ex-Nvidia executive James Zhang, the Chinese chipmaker's explosive market entry reflects Beijing's aggressive push for semiconductor independence amid tightening US export controls on advanced AI chips.

6 Sources

OpenAI NextDC strike $4.6 billion deal to build massive AI data centre in Sydney

ChatGPT maker OpenAI and Australian data centre operator NextDC have signed a memorandum of understanding to develop a $7 billion AI campus in western Sydney. The hyperscale facility will house a GPU supercluster, run entirely on renewable energy, and create thousands of jobs during construction and operation.

4 Sources

AMD confirms it will pay 15% tax to resume AI chip shipments to China under Trump deal

AMD CEO Lisa Su announced the company has secured U.S. export licenses to ship MI308 AI chips to China and is prepared to pay a 15% tax on these exports. The move follows a Trump administration deal with AMD and Nvidia, though China is simultaneously pushing state-funded data centers to adopt domestically produced AI chips instead of foreign silicon.

3 Sources

04 Dec 2025

UiPath beats Q3 expectations with first profitable quarter as AI orchestration gains traction

UiPath delivered its first GAAP profitable quarter with revenue of $411 million, up 16% year-over-year, surpassing Wall Street expectations. The business automation software company is doubling down on agentic AI orchestration, positioning its Maestro platform as the critical layer that coordinates AI-powered agents with traditional automation to deliver enterprise value.

3 Sources

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