OpenAI proposes giving the U.S. government a $42.6 billion, 5% stake in the company as CEO Sam Altman pushes a broader plan for top AI firms — including Google, Meta, and Anthropic — to cede similar stakes through a sovereign wealth fund, amid growing Washington pressure over cybersecurity risks and …
AWS is deploying $1 billion to embed engineers directly inside customer organizations, promising to fast-track AI adoption within days — but experts warn the strategy risks deep vendor lock-in as demand for forward deployed engineers surges 700% year over year.
AI inference chip startup Etched surges to a $5 billion valuation after closing a $500 million funding round, backed by Peter Thiel, Geoffrey Hinton, and Fei-Fei Li, while securing $1 billion in contract orders as it takes direct aim at Nvidia's dominance in the booming AI chip market.
AWS launches a $1 billion Forward Deployed Engineering initiative, embedding thousands of AI experts directly within customer teams to co-build and deploy agentic AI solutions in days rather than months, with major partners like the NFL, Southwest Airlines, and the NBA already seeing rapid results.
Former U.S. Secretary of Commerce Gina Raimondo and former Indiana Governor Eric Holcomb launch RAISE US, a billion-dollar nonpartisan nonprofit backed by Amazon, Microsoft, and Anthropic, aimed at preparing American workers for an AI-driven economy through state partnerships, employer coalitions, and AI-powered career navigation tools.
General Intuition secures $320M at a $2.3B valuation, backed by Jeff Bezos and Eric Schmidt, to train a groundbreaking AI model on millions of hours of gamer footage — powering video games, simulations, and real-world robots, while giving gamers a way to earn income through its new Nerve platform.
Google is losing top AI researchers to rivals Anthropic and OpenAI in an equity-driven talent war, with Gemini contributors Jonas Adler and Alexander Pritzel, legendary researcher Noam Shazeer, and Nobel Prize-winner John Jumper all departing as pre-IPO equity packages lure elite talent away.
Qualcomm surges 15% after unveiling its Dragonfly C1000 data center CPU for agentic AI, nearly doubling its non-handset revenue forecast to $40 billion by fiscal 2029, with Meta signed as a launch customer and $15 billion targeted from data center sales alone.
Two senior Google AI researchers are defecting to Anthropic, rattling investors as Alphabet faces a growing talent exodus with high-profile departures to rivals Anthropic and OpenAI, sending shares dipping amid fears Google is losing its competitive edge in the AI race.
Menlo Ventures raises a record $3 billion for AI-focused funds as its $1 billion bet on Anthropic skyrockets to nearly $14 billion in value, fueling the firm's ambitions to make even bigger investments in AI startups.