NVIDIA shattered records with a staggering $39.3 billion quarterly revenue, up 78% year-over-year, propelled by the AI boom that fueled a $35.6 billion Data Center revenue, while projecting $43 billion revenue for Q1 fiscal 2026 amidst soaring demand for its AI offerings.
Perplexity AI, a pioneering AI venture firm, has unveiled an ambitious $50 million fund to catalyze the burgeoning AI startup ecosystem, poised to serve as an anchor investor for promising pre-seed and seed-stage AI companies across the United States, with seasoned investors Kelly Graziadei and Joanna Lee Shevelenko at the …
Microsoft doubles down on its staggering $80 billion investment as the tech giant forges ahead with AI innovation, strategically allocating resources to meet soaring customer demand across all regions amidst the AI boom.
Ilya Sutskever's AI startup Safe Superintelligence nears $1B funding round led by Greenoaks Capital Partners at a staggering $30B valuation, bringing its total raised to $2B.
Humane, the startup behind the AI Pin device, is shutting down the product and selling its core technology, including CosmOS software and patents, to HP for $116 million, with HP forming a new AI division called HP IQ while offering limited refunds for recent AI Pin purchases.