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Startup Axiom raises $200 million in a Series A round led by Menlo Ventures to tackle the 'terrifying' uncertainty of AI-generated code, aiming for a new new standard of provably correct software.
In a bold expansion of its AI ecosystem, NVIDIA invests $2 billion into Nebius Group to build gigawatt-scale AI factories, defining the next era of agentic cloud computing.
Oracle's strategic shift toward AI infrastructure has reached a tipping point, reporting a 44% jump in cloud revenue and a massive $30 billion backlog increase driven by OpenAI and Meta contracts.
London-based Nscale has closed a massive $2 billion Series C round, valuing the AI data center startup at $14.6 billion as it scales global infrastructure for Microsoft and OpenAI.
NVIDIA has reportedly redirected its manufacturing capacity at TSMC away from China-specific H200 AI chips toward its next-generation Vera Rubin architecture to maintain global dominance amidst tightening US export controls.
Global cloud investments have reached a historic $1 trillion peak this year, propelled by a surge in generative AI adoption and massive infrastructure expansions in Southeast Asia and beyond.