Data Center Power Coalition Launches to Tackle AI Grid Delays
Data Center Power Coalition unites 12 partners to standardize AI data center power planning and address multiyear grid interconnection delays.
Data Center Power Coalition unites 12 partners to standardize AI data center power planning and address multiyear grid interconnection delays.
National Grid invested $1.75B in Joulent to build dedicated AI power infrastructure for hyperscale data centers, bypassing utility interconnection delays.
Kling AI funding round raises nearly $3B at $18B valuation from Tencent, Alibaba Cloud, and Baidu. The Kuaishou spin-off targets a Hong Kong IPO within a year.
Venice AI unicorn valuation reached $1B after $65M raise, with profitability on $70M ARR. The privacy-first platform hosts 200+ models for 3M active users.
The EU AI Act simplification gets final Council approval, pushing high-risk compliance deadlines to 2027-2028 and giving businesses more time to prepare.
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Together AI $800 million funding round led by Aramco Ventures values the open-source AI cloud platform at $8.3 billion as enterprise adoption surges.
Ford, CBA, and IBM are rehiring workers after automation failures, making this AI-driven layoffs reversal a critical case study for enterprise leaders.
Anthropic launched Claude Science as a flagship AI workbench for life sciences research, drug development, and computational biology. Available to all paid subscribers.
The DeepSeek DSpark framework accelerates LLM inference by up to 85%, changing the economics of serving large models at scale.
Apptronik Robot Park training facility uses real-world logistics, manufacturing, and retail tasks to prepare humanoid robots for commercial deployment by 2027.
Microsoft AI restructuring will cut thousands of jobs across Xbox, sales, and consulting as AI infrastructure spending tops $100 billion, raising investor concerns.
Oracle disclosed 21,000 Oracle AI job cuts in a regulatory filing, citing AI automation as the reason for the 13% workforce reduction.
Meta cloud business plans to sell excess AI computing power and models, challenging AWS, Azure, and Google Cloud. Here's what it means for investors.
Microsoft AI spending layoffs cut 5,700 workers as the company's AI infrastructure outlay tops $100 billion, marking a strategic pivot toward automation.
The Mag 7 AI reckoning has wiped $2.3 trillion from tech giants as investors question massive AI spending ahead of critical Q2 earnings season.