Vast Data secures $1 billion in Series F funding, tripling its valuation to $30 billion with backing from Nvidia and Fidelity, as its AI data infrastructure platform tackles critical memory and storage bottlenecks threatening to derail the generative AI revolution.
Google unveils its 8th-generation TPU chips — the TPU 8t and TPU 8i — delivering nearly 3x the compute performance per pod, 80% better performance-per-dollar, and 2x improved energy efficiency over the previous generation, set for general availability later this year.
Google Cloud is processing over 16 billion AI tokens per minute, launching its 8th-generation TPUs and a new Enterprise Agent Platform, while reporting that 75% of internal code is now AI-generated and AI-driven security tools are cutting threat mitigation time by over 90%.
Cursor is partnering with SpaceX to leverage xAI's Colossus infrastructure, dramatically scaling AI model training after rapid advancements with its Composer models achieved frontier-level performance at a fraction of competitor costs.
Mira Murati's Thinking Machines Lab signs a multibillion-dollar deal with Google Cloud, gaining access to Nvidia GB300 GPU-powered infrastructure to fuel its reinforcement learning workloads and Tinker, its custom frontier AI model automation tool.
Jeff Bezos is closing in on a massive $10 billion funding round for his AI startup Project Prometheus, now valued at $38 billion, as the company leverages artificial intelligence to revolutionize engineering and manufacturing across aerospace and automotive industries.
A breakthrough AI framework called FlashDrive slashes autonomous driving response times from 716ms to just 159ms — a 4.5× speedup — making real-time deployment of Vision-Language-Action models viable across multiple NVIDIA platforms with negligible accuracy loss.
Amazon is pouring up to $25 billion into AI startup Anthropic at a $380 billion valuation, as Anthropic commits to spending over $100 billion on AWS over the next decade while reporting $30 billion in annualized revenue amid a fierce race against OpenAI.
Google is in talks with Marvell Technology to develop two new AI chips targeting surging inference costs, expanding its custom silicon supply chain beyond existing partners Broadcom and MediaTek as AI query demands increasingly outpace training as the dominant compute expense for hyperscalers.
OpenAI doubles its deal with AI chipmaker Cerebras to over $20 billion, takes a potential 10% minority stake, and invests $1 billion in data center development, as Cerebras eyes a $35 billion IPO in Q2 2025.