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58 articles
General Intuition secures $6 billion pre-money valuation as major investors including Valor Ventures and Point72 Ventures back its AI robotics initiative.
This article explains the concept of physical AI and its significance in the AI industry, using XPENG's recent $900 million funding round for its humanoid robot as a case study.
This article explains how company valuations and investments work, using the example of Nvidia investing in Perplexity. Learn what these terms mean and why they matter in the tech world.
Nvidia partners with major financial institutions to mobilize over $500 billion in AI infrastructure financing by guaranteeing up to 25% of its own chip value.
This explainer explores the critical role of specialized AI chip design in advancing machine learning capabilities, examining how hardware innovation drives AI progress and why major investments in semiconductor development are reshaping the AI landscape.
Amkor Technology reported record second quarter results, with revenue up 26% and net income more than tripling. The company plans to invest up to $3 billion this year, nearly 40% of its revenue.
Nuclear Turbines has raised £15 million to develop compact nuclear reactors that could undercut fossil fuels in cost and deployment time. The startup, spun out of BAE Systems, is part of a growing trend of European nuclear startups attracting major private investment.
Learn how AI data centers work and why a $1 billion investment by Nvidia in South Korea is important for the future of artificial intelligence.
Alphabet has committed $811 billion to AI infrastructure, a surge of $500 billion in just one quarter, signaling a major push toward AI-driven innovation.
A consortium of major investors has completed the acquisition of Aligned Data Centers, marking the largest data-center deal in history with a value of $45 billion.
This article explains how AI companies like DeepSeek raise money quickly to fund their expensive AI development, including data centers and custom chips.
Raxio Group raises $380 million in funding and expands into Tanzania, signaling strong growth in Africa's data center infrastructure sector.