AI infrastructure

Apollo Says AI Has Shown ‘Zero’ Payoff Outside Tech
Apollo Says AI Has Shown ‘Zero’ Payoff Outside Tech
October 25, 2026  |  Artificial Intelligence

Corporate America has invested heavily in artificial intelligence in the last few years. So far, these efforts haven’t yielded much in the way of results,...

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AI Agents Are Going to Work at City Hall
AI Agents Are Going to Work at City Hall
October 19, 2026  |  Artificial Intelligence

Government services have always moved slowly. Long queues, paper forms and manual reviews define an experience most citizens dread. Tighter budgets and shrinking workforces are...

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Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
Modal Triples Valuation to $15 Billion as AI Infrastructure Demand Explodes
October 14, 2026  |  Investments

Artificial intelligence (AI) infrastructure startup Modal was valued at $15.75 billion in a Series D funding round in which it raised $750 million, CEO Erik Bernhardsson said in...

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Citi Wealth Sees Long Runway for AI Spending Despite Bubble Warnings
Citi Wealth Sees Long Runway for AI Spending Despite Bubble Warnings
October 07, 2026  |  Artificial Intelligence

The artificial intelligence buildout is still in its early-to-middle stages, Citi Wealth said in a report released Wednesday (Oct. 7). The AI investment cycle is...

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Lambda Targets $14.5 Billion Valuation in Final Pre-IPO Round
Lambda Targets $14.5 Billion Valuation in Final Pre-IPO Round
October 06, 2026  |  Investments

Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised,...

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As AI Assistants Fight Over Shoppers, Infrastructure Gets Paid Either Way.
As AI Assistants Fight Over Shoppers, Infrastructure Gets Paid Either Way.
September 30, 2026  |  Retail

In April 1956, a trucking executive named Malcom McLean loaded 58 metal boxes onto a converted tanker in Newark and sent it to Houston. Nobody...

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Samsung Invests $1 Billion in Helix to Drive AI Infrastructure Pivot
Samsung Invests $1 Billion in Helix to Drive AI Infrastructure Pivot
September 29, 2026  |  Artificial Intelligence

Samsung is investing $1 billion in Helix Digital Infrastructure, an artificial intelligence infrastructure company established by global investment firm KKR and launched in June, Samsung...

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Apollo Backs AI Hardware Startups to Win Future Infrastructure Financing
Apollo Backs AI Hardware Startups to Win Future Infrastructure Financing
September 17, 2026  |  Startups

Apollo Global Management is investing in startups focused on artificial intelligence and the related hardware and plans to lend them money in the future, The...

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Nvidia Says AI Agents Are Draining Its Chip Supply
Nvidia Says AI Agents Are Draining Its Chip Supply
August 26, 2026  |  Artificial Intelligence

Artificial intelligence has moved past the hype stage, according to Nvidia CEO Jensen Huang, who said on the company’s second-quarter earnings call that “AI has...

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