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Meta Snags AI Talent: Andrew Tulloch Leaves Thinking Machines Lab

Andrew Tulloch, co-founder of Thinking Machines Lab, has left the AI startup to join Meta. This move comes after Meta's aggressive AI talent recruitment efforts, highlighting the intense competition for top AI researchers in Silicon Valley.

Business8 sources

Meta Snags AI Talent: Andrew Tulloch Leaves Thinking Machines Lab

Business8 sources

Applied Digital's Stock Soars on Strong Q1 Results and Massive AI Data Center Expansion

Applied Digital's shares jumped 28% after reporting better-than-expected Q1 results and announcing a significant expansion of its AI data center capacity. The company secured a new 150-megawatt lease with CoreWeave, bringing their total contracted IT load to 400 MW.

Business6 sources

Applied Digital's Stock Soars on Strong Q1 Results and Massive AI Data Center Expansion

Business6 sources

SoftBank Seeks $5 Billion Loan Backed by Arm Shares to Fuel AI Investments

SoftBank is in talks to secure a $5 billion margin loan using Arm Holdings shares as collateral. The funds are intended to boost investments in OpenAI and other AI projects, highlighting SoftBank's aggressive push into the AI sector.

Business3 sources

SoftBank Seeks $5 Billion Loan Backed by Arm Shares to Fuel AI Investments

Business3 sources

Tigris Data Raises $25M to Challenge Big Cloud with AI-Optimized Storage

Tigris Data secures $25 million in Series A funding to provide distributed, AI-optimized data storage. The startup aims to offer a more efficient and cost-effective alternative to traditional cloud storage providers, addressing key pain points in the AI industry.

Technology2 sources

Tigris Data Raises $25M to Challenge Big Cloud with AI-Optimized Storage

Technology2 sources

TCS Unveils $6-7 Billion AI Data Centre Initiative, Aims to Become World's Largest AI-Led Tech Services Company

Tata Consultancy Services (TCS) announces a strategic shift towards AI-driven services with a $6-7 billion investment in data centres. The move marks a significant departure from its traditional IT services model and aims to position TCS as a leader in the AI infrastructure space.

Technology6 sources

TCS Unveils $6-7 Billion AI Data Centre Initiative, Aims to Become World's Largest AI-Led Tech Services Company

Technology6 sources

Reflection AI Raises $2B to Challenge DeepSeek and Build Open-Source Frontier AI

Ex-DeepMind researchers secure massive funding to create an open-source AI powerhouse in the US, aiming to compete with Chinese rivals and closed-source labs.

Technology7 sources

Reflection AI Raises $2B to Challenge DeepSeek and Build Open-Source Frontier AI

Technology7 sources

n8n Secures $180M in Funding, Valued at $2.5B: AI Automation Platform Gains Momentum

German AI startup n8n raises $180 million in Series C funding, reaching a $2.5 billion valuation. The company's workflow automation platform, which integrates AI agents, attracts major investors including Nvidia's NVentures.

Business3 sources

n8n Secures $180M in Funding, Valued at $2.5B: AI Automation Platform Gains Momentum

Business3 sources

Duke University Secures $15M Grant to Expand AI-Driven Mental Health Prediction Model for Adolescents

Duke researchers receive substantial federal funding to advance an AI model that predicts mental illness in adolescents with high accuracy. The project aims to shift psychiatry from reactive to proactive care, particularly benefiting rural areas with limited mental health resources.

Health2 sources

Duke University Secures $15M Grant to Expand AI-Driven Mental Health Prediction Model for Adolescents

Health2 sources

Nvidia CEO Jensen Huang Reports Surge in AI Computing Demand

Nvidia CEO Jensen Huang announces a substantial increase in AI computing demand over the past six months, driven by advancements in AI models. The surge is fueling massive infrastructure investments and partnerships in the AI industry.

Technology4 sources

Nvidia CEO Jensen Huang Reports Surge in AI Computing Demand

Technology4 sources

Financial Institutions Sound Alarm on Potential AI Bubble Burst

Leading financial institutions, including the Bank of England and IMF, warn of an inflating AI bubble reminiscent of the 2000 dotcom peak. The surge in AI investments and stock valuations raises concerns about a potential market correction.

Business25 sources

Financial Institutions Sound Alarm on Potential AI Bubble Burst

Business25 sources

20-Year-Old Indian Founder Raises $2.6M for AI Memory Startup Supermemory

Dhravya Shah, a young Indian developer, secures significant funding for Supermemory, a startup developing a universal memory layer for AI applications. The technology aims to enhance AI systems' ability to retain and recall context across various data sources and sessions.

Startups2 sources

20-Year-Old Indian Founder Raises $2.6M for AI Memory Startup Supermemory

Startups2 sources

Elon Musk's xAI Secures $20 Billion in Innovative Financing Deal with Nvidia

Elon Musk's AI startup xAI is raising $20 billion through a unique financing structure involving Nvidia and other investors. The deal includes both equity and debt, with a special focus on acquiring Nvidia GPUs for xAI's ambitious AI projects.

Technology13 sources

Elon Musk's xAI Secures $20 Billion in Innovative Financing Deal with Nvidia

Technology13 sources

Elon Musk Appoints Former Morgan Stanley Banker Anthony Armstrong as xAI's New CFO

Elon Musk's AI company xAI has named Anthony Armstrong, a former Morgan Stanley banker, as its new Chief Financial Officer. Armstrong will oversee finances for both xAI and X, the social media platform formerly known as Twitter.

Business8 sources

Elon Musk Appoints Former Morgan Stanley Banker Anthony Armstrong as xAI's New CFO

Business8 sources

Heidi: The AI Doctor's Assistant Revolutionizing Healthcare

Melbourne-based startup Heidi, an AI scribe for medical professionals, secures $98 million in funding, outpacing Canva's growth. The company aims to double healthcare capacity by reducing administrative workload for doctors.

Startups2 sources

Heidi: The AI Doctor's Assistant Revolutionizing Healthcare

Startups2 sources

AstraZeneca's $555 Million AI-Powered Gene-Editing Deal with Algen Biotechnologies

AstraZeneca signs a $555 million deal with Algen Biotechnologies to develop AI-driven gene-editing therapies, marking a significant step in the pharmaceutical industry's adoption of AI for drug discovery.

Technology2 sources

AstraZeneca's $555 Million AI-Powered Gene-Editing Deal with Algen Biotechnologies

Technology2 sources

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