Reflex Aerospace Wins Exclusive Orbital Satellite Platform Contract for Orbital-1
Reflex Aerospace will build the Orbital satellite platform bus exclusively for Orbital-1, the startup's first space AI data center, due in 2027.
Reflex Aerospace will build the Orbital satellite platform bus exclusively for Orbital-1, the startup's first space AI data center, due in 2027.
Ayar Labs raised $150M more, taking 2026 primary capital to $650M and total outside funding past $1B to scale co-packaged optics production.
The PlusAI SPAC deal with Texas Ventures Acquisition III values the driverless trucking developer at $800 million and targets a 2027 launch.
GMO AI & Robotics launched a humanoid robot continuous learning service on Sept 8, 2026, pairing fleet behaviour updates with an on-site repair van.
Universal Music Group and ElevenLabs signed a multi-year deal for a licensed AI music platform with opt-in artist catalogues and per-use rights tracking.
Bending Spoons' Miro acquisition values the whiteboard platform at $1.355 billion in cash, about 90% below its $17.5 billion peak in 2022.
Synopsys layoffs cut about 2,000 roles, 10% of staff, after the $35B Ansys deal, as the chip design vendor redirects spending to AI tools.
Oracle's AI cloud backlog reached $664 billion as cloud infrastructure revenue rose 121% to $7.4 billion, but about half of it rests on OpenAI.
This week's AI business roundup: Nscale's $103B backlog, Anthropic's $15B credit facility, four frontier model launches and a tightening regulatory squeeze.
Palantir names Nebius its preferred sovereign AI infrastructure partner, putting Nebius compute and inference endpoints inside the Palantir perimeter.
The Nvidia robotaxi platform pairs DRIVE Hyperion hardware with open Alpamayo 2 Super weights as the company targets a $400B driverless market by 2035.
Anthropic open-sourced Claude Commerce Agents, an Apache-2.0 blueprint with shopping and merchant agents for retail, travel, telecom and ticketing.
TSMC August revenue hit a record NT$514.81 billion, up 53.3% year over year and 10.1% from July, as AI chip demand keeps outpacing fab capacity.
Microsoft data center expansion targets 38 GW by 2032, adding 26 GW of AI compute under a $175B 2026 spending plan after capacity shortages.
Zankore $3.1 billion GPU loan funds Nvidia-powered AI capacity in Indonesia, shifting capex and credit risk onto five banks.