Major tech giants like Meta, Amazon, and Google are ramping up their AI investments to a staggering $325 billion in 2025, a 46% surge from 2024, despite investors' concerns over the lack of clear revenue streams from AI offerings, as these companies bet big on long-term payoffs.
Gupshup raises over $60 million in funding to expand its conversational AI and messaging platform, powering 120 billion messages annually with industry-trained AI agents handling customer and employee interactions across multiple channels.
OpenAI and Oracle unveil 4.5 gigawatts of new Stargate data center capacity, with parts of Stargate 1 in Abilene, Texas operational, as part of a $500 billion AI infrastructure investment plan in the U.S. over the next four years.
Conversational AI startup Gupshup secures $60 million in equity and debt funding to drive global expansion and strengthen its AI agent offerings, though its unicorn status remains unconfirmed as the company keeps its valuation undisclosed.
Alphabet soars with $96.43 billion revenue in Q2, beating expectations, and boosts investment in its booming Cloud business to $85 billion by 2025 amid surging demand.
The Pentagon invests $800 million in AI contracts with tech giants Anthropic, Google, OpenAI and xAI, aiming to accelerate military adoption of agentic AI systems for battlefield planning and decision-making, sparking concerns over escalation risks and calls for safeguards.
Google ramps up its 2025 capital expenditure forecast to a staggering $85 billion, a $10 billion increase from earlier projections, fueled by skyrocketing demand for its cloud services, leading to a massive $106 billion backlog and prompting accelerated data center construction and server investments.
Delve, an AI startup, secures $32 million in Series A funding led by Insight Partners to develop AI agents that automate compliance tasks, streamlining operations and enabling faster certification for companies across various compliance frameworks.
MIT dropouts' AI startup Delve raises $32M at $300M valuation for automating regulatory compliance using AI agents integrated with customers' tools, attracting Fortune 500 CISOs' investment.
Oracle and OpenAI massively expand their Stargate project with a 4.5 gigawatt data center capacity boost, promising over 100,000 new jobs and exceeding initial targets through strong partnerships and momentum.