AI investments

This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank Invests in OpenAI

This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank Invests in OpenAI
This Week in AI: DeepSeek Hits Chip Stocks, Meta Stays Pat on AI Spending, SoftBank...
January 31, 2025  |  Artificial Intelligence

DeepSeek was the talk of Silicon Valley and Wall Street this week after it singlehandedly wiped nearly $600 billion of market value from Nvidia. Its...

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Meta Plans $65 Billion Infrastructure Investment During ‘Defining Year’ for AI
Meta Plans $65 Billion Infrastructure Investment During ‘Defining Year’ for AI
January 24, 2025  |  Facebook / Meta

Meta plans to invest $60 billion to $65 billion in capital expenditures and grow its artificial intelligence (AI) teams “significantly” this year, CEO Mark Zuckerberg said in...

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Google Deepens Anthropic Partnership With New $1 Billion Investment
Google Deepens Anthropic Partnership With New $1 Billion Investment
January 22, 2025  |  Artificial Intelligence

Google is reportedly investing more than $1 billion into artificial intelligence (AI) firm Anthropic. The tech giant had already given Anthropic around $2 billion and...

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Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
January 21, 2025  |  Artificial Intelligence

President Donald Trump is reportedly set to announce private sector investment of up to $500 billion in artificial intelligence infrastructure. The investment will come from...

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Sereact Raises $26 Million for AI Warehouse Robotics Efforts
Sereact Raises $26 Million for AI Warehouse Robotics Efforts
January 20, 2025  |  Artificial Intelligence

German tech company Sereact has raised $26 million for its AI-powered robotics efforts. The company’s Series A round, announced Monday (Jan. 20), will allow Sereact...

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AI Startups: A Metaverse Firm Snags $3 Billion as Anthropic Rises
AI Startups: A Metaverse Firm Snags $3 Billion as Anthropic Rises
January 14, 2025  |  Artificial Intelligence

Remember the metaverse? The popularity of artificial intelligence (AI) has put some vigor back into virtual reality/extended reality (VR/XR) virtual worlds. Take Florida-based Infinite Reality,...

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OpenAI Board Considering Transforming For-Profit Into Delaware Public Benefit Corporation
OpenAI Board Considering Transforming For-Profit Into Delaware Public Benefit Corporation
December 27, 2024  |  Artificial Intelligence

OpenAI’s board of directors plans to transform the organization’s for-profit arm into a Delaware Public Benefit Corporation (PBC) in order to raise the capital it needs...

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Tech Giants Bet Big on AI as Data Shows Clear Winners
Tech Giants Bet Big on AI as Data Shows Clear Winners
December 26, 2024  |  Artificial Intelligence

Companies embracing artificial intelligence (AI) are pulling ahead of competitors, with Bridgeline’s HawkSearch reporting new customers each week, IBM finding open-source AI users seeing higher...

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