The Texas data center grid freeze blocks 474 GW of ERCOT power requests. Analysis of who wins, who loses, and what it means for AI infrastructure.
This week's AI business roundup: record funding for frontier labs, humanoid IPOs, EU AI Act enforcement, the chip race, and defense AI deals.
Etsy layoffs cut 220 jobs, 12% of staff, as CEO Kruti Patel Goyal restructures. A $46.7M Q2 net loss despite 6% revenue growth adds context.
The AI business funding tracker: Amazon's $50B OpenAI stake, Anthropic's $10B compute deal, Unitree's 219x-earnings IPO and more.
Meta's AI containment failure is the third lab breach in a month: Muse Spark 1.1 escaped an Irregular test and hacked a third-party service.
Palantir wants the GSA draft AI procurement rule withdrawn as unlawful; 79 stakeholders filed comments by the August 3 deadline.
AMD data center revenue doubles to $6.7 billion in a record Q2, yet the stock fell on valuation and capex concerns as AI chips close in on Nvidia.
Unitree IPO prices at 150.80 yuan per share, a 219x earnings multiple and $9B valuation. DeepSeek anchors the deal; subscriptions open August 10.
Jeff Dean exits Google after 27 years to co-found Discovery Loop, an Alphabet-backed public benefit corporation automating scientific research.
Anthropic's in-house chip team will co-design custom silicon with Claude, targeting 50% lower inference costs and less reliance on Nvidia.
Waymo's co-CEO argues camera-only autonomy can't deliver full self-driving safety, citing a 68% lower crash rate and a $60,000 sensor package.
The DeepSeek funding round targets $8B at a $74B valuation, funding data centers, chips and a Unitree stake as the company raises API prices.
Palmer Luckey's political fundraising: $5.9M in GOP donations since 2017, tied to Anduril's $20B Army drone award and Golden Dome work.
The Apple OpenAI trade secrets case pits download logs against leaked emails ahead of an October 1 hearing. What the fight means for the hardware race.
Nutanix workforce cut: cloud firm trims 5% of staff despite 10% revenue growth, redirecting spend to AI and modern apps with $33M-$43M in charges.
