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AI industry spends millions in New York primary as OpenAI and Anthropic battle over regulation

Two opposing factions of the AI industry are pouring over $17 million into a Manhattan congressional primary, turning the race into a proxy battle over AI regulation. OpenAI-backed groups spent more than $7 million against Alex Bores, while Anthropic supporters countered with over $10 million in his favor, testing the political influence of competing AI industry camps.

Policy2 sources

AI industry spends millions in New York primary as OpenAI and Anthropic battle over regulation

Policy2 sources

Qualcomm nears $4 billion deal for AI chip startup Modular Inc in major expansion play

Qualcomm is in advanced talks to acquire AI chip startup Modular Inc for approximately $4 billion, more than doubling the company's $1.6 billion valuation from just nine months ago. The deal represents Qualcomm's aggressive push to diversify beyond smartphones into data centers and autonomous vehicles, coming on the heels of reported talks to acquire another AI chip startup, Tenstorrent, for up to $10 billion.

Business3 sources

Qualcomm nears $4 billion deal for AI chip startup Modular Inc in major expansion play

Business3 sources

Groq raises $650M to rebuild after Nvidia's $20B licensing deal took its founder and tech

AI chipmaker Groq secured $650 million in new funding six months after Nvidia paid $20 billion to license its chip technology and hired away founder Jonathan Ross and other key employees. The inference chip startup is pivoting to its neocloud business, now serving five million developers across 13 data centers while processing trillions of tokens weekly.

Startups2 sources

Groq raises $650M to rebuild after Nvidia's $20B licensing deal took its founder and tech

Startups2 sources

Google DeepMind invests $75 million in A24 to develop AI filmmaking tools for next-gen storytelling

Google DeepMind announced a $75 million investment in indie film studio A24 to create AI tools for filmmaking. The research partnership aims to develop technology like AI-generated storyboards while keeping creative control with artists. The deal marks Google's first equity stake in a Hollywood studio but doesn't grant access to A24's film library.

Technology12 sources

Google DeepMind invests $75 million in A24 to develop AI filmmaking tools for next-gen storytelling

Technology12 sources

Micron invests in Anthropic and signs multi-year deal to power next-generation AI infrastructure

Micron Technology has invested in Anthropic's Series H funding round and signed a multi-year supply agreement to provide memory and storage products for AI workloads. The partnership deepens collaboration on next-generation AI infrastructure design while Micron expands its deployment of Claude AI across engineering and manufacturing operations.

Business2 sources

Micron invests in Anthropic and signs multi-year deal to power next-generation AI infrastructure

Business2 sources

Prosper AI raises $30M from a16z to automate the patient journey with AI-powered voice agents

Prosper AI has secured $30 million in Series A funding led by Andreessen Horowitz to expand its AI-driven automation platform that handles healthcare administrative tasks end-to-end. The startup's AI-powered voice agents manage appointment scheduling, insurance verification, and patient billing in a single workflow, reducing administrative costs by more than 40% while serving over 150,000 healthcare providers.

Startups4 sources

Prosper AI raises $30M from a16z to automate the patient journey with AI-powered voice agents

Startups4 sources

Upscale AI raises $190 million to build networking infrastructure for the AI era, hits $2B valuation

Upscale AI closed a $190 million Series A-1 round led by Premji Invest, bringing total funding to $500 million and valuation to $2 billion in under 18 months. The startup is building open-standard networking fabric to connect AI chips from different manufacturers, challenging Nvidia's dominance in AI data center switches as spending approaches $100 billion annually by 2030.

Startups2 sources

Upscale AI raises $190 million to build networking infrastructure for the AI era, hits $2B valuation

Startups2 sources

Amazon drops OpenAI movie 'Artificial' after $50 billion investment creates conflict of interest

Amazon MGM Studios has abandoned its nearly-complete film about Sam Altman and OpenAI after investing $50 billion in the AI company. The studio spent $40 million on the project before deciding the film would be better served elsewhere, citing what appears to be a clear conflict of interest stemming from their massive corporate partnership.

Entertainment2 sources

Amazon drops OpenAI movie 'Artificial' after $50 billion investment creates conflict of interest

Entertainment2 sources

Abu Dhabi's MGX explores multi-billion dollar acquisition of data center operator DayOne

Abu Dhabi's AI-focused investment firm MGX is exploring a multi-billion dollar acquisition of Singapore-based data centre operator DayOne, sources reveal. The potential deal could mark MGX's first Asian acquisition as it pursues aggressive global expansion, though valuation differences around DayOne's $20 billion IPO target may complicate negotiations.

Business3 sources

Abu Dhabi's MGX explores multi-billion dollar acquisition of data center operator DayOne

Business3 sources

Salesforce commits $6 billion to UK AI push, backs training 10 million workers by 2030

Salesforce unveiled its ambitious UK investment plan at World Tour London, committing $6 billion through 2030 to drive AI adoption across industries. President UKI Zahra Bahrololoumi emphasized the company's focus on agentic AI and its new Headless 360 platform, while pushing for a National Skills Platform to educate workers. The move positions the UK as a critical AI market despite ongoing government delays on skills infrastructure.

Business2 sources

Salesforce commits $6 billion to UK AI push, backs training 10 million workers by 2030

Business2 sources

Prem AI raises $100M as enterprises choose to own their AI infrastructure instead of renting it

Swiss startup Prem AI is raising $100 million in Series A funding at a valuation exceeding $500 million to build private AI infrastructure for hedge funds and law firms. The company's pitch centers on owning enterprise intelligence rather than renting it from third-party providers. Alongside the funding round, Prem launched Fluso, an encrypted AI workspace designed for organizations where data sovereignty and regulatory compliance are non-negotiable.

Startups2 sources

Prem AI raises $100M as enterprises choose to own their AI infrastructure instead of renting it

Startups2 sources

General Intuition raising $300M at $2B valuation to train AI agents on gaming footage

General Intuition, the New York AI startup that rejected OpenAI's $500 million acquisition offer, is now raising $300 million at a $2 billion valuation. Backed by Jeff Bezos and Eric Schmidt, the company trains AI agents using Medal's dataset of 2 billion first-person gaming clips annually, offering a unique approach to teaching machines spatial-temporal reasoning.

Startups3 sources

General Intuition raising $300M at $2B valuation to train AI agents on gaming footage

Startups3 sources

Space startups approach insurers for orbital AI data centers as industry takes shape

Space companies backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin are in preliminary talks with insurers about coverage for orbital AI data centers. The discussions mark early progress for an experimental industry aiming to bypass Earth's power constraints, though insurers face challenges modeling risks for this novel space-based infrastructure.

Business2 sources

Space startups approach insurers for orbital AI data centers as industry takes shape

Business2 sources

Baseten raises $1.5 billion at $13 billion valuation as AI inference demand explodes

Baseten is finalizing a $1.5 billion funding round that values the AI inference platform at up to $13 billion, more than doubling its $5 billion January valuation. The dual-tiered structure allows some investors to buy in at $11 billion while others pay $13 billion, reflecting surging demand for inference as companies shift workloads to open-source AI models that cost a fraction of proprietary alternatives.

Startups3 sources

Baseten raises $1.5 billion at $13 billion valuation as AI inference demand explodes

Startups3 sources

Gradial raises $65M as agentic AI platform transforms enterprise marketing automation

Seattle-based Gradial has raised $65 million in Series C funding for its agentic AI platform that automates enterprise marketing operations. The startup, valued at $675 million, has now raised over $110 million in just 16 months as major brands like T-Mobile, AWS, and Prudential adopt its AI agents to execute work across existing marketing tools.

Startups3 sources

Gradial raises $65M as agentic AI platform transforms enterprise marketing automation

Startups3 sources

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