Broadcom shares surge over 6% after Apple extends their chip partnership through 2031, with Broadcom set to supply custom AI-focused ASIC chips across multiple Apple product generations, including advanced AI servers planned for 2027.
TeraWulf shares surge 13% after signing a landmark 20-year, $19 billion AI infrastructure lease with Anthropic at its Kentucky data campus, while also selling a major joint venture stake for $450 million to focus on wholly owned AI projects.
TeraWulf secures a landmark 20-year, $19 billion lease deal with Anthropic at its Kentucky data campus while simultaneously selling its Bitcoin mining stake for $450 million, signaling a bold and decisive pivot toward AI infrastructure dominance.
World models — AI systems that understand physical reality through spatial reasoning and physics — are surging in 2026, attracting billions in investment from startups and tech giants alike, as experts debate whether true general intelligence requires physical world understanding beyond what large language models alone can provide.
NVIDIA-backed Luma AI reaches a $4 billion valuation after securing $900 million in Series C funding led by Saudi-owned Humain, and is now expanding to London with 200 new hires as its Ray3 world model reportedly outperforms OpenAI's Sora and rivals Google's Veo 3.
China's Kling AI, a Kuaishou spinoff valued at $15 billion, raises $2 billion in venture capital and reports explosive 300% year-over-year revenue growth, hitting $500 million in annual recurring revenue as the global AI video race intensifies.
SpaceX acquires AI coding startup Cursor in a massive $60 billion deal, sparking serious questions about whether Cursor can maintain its partnerships with OpenAI and Anthropic under Elon Musk's ownership.
OpenAI is offering the US government a $42.6 billion, 5% ownership stake in the company, as CEO Sam Altman attempts to share AI's financial benefits with the public while navigating rising tensions with the Trump administration's growing interventionist approach to the AI industry.
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 rising Chinese AI competition.
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.