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Palantir Gains 3% as the FAA SMART Contract Goes Live Under a Smaller Rival
Palantir rose 3% as the FAA SMART contract went live, but the $875M deal belongs to Air Space Intelligence, not Palantir.
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Disney+ Price Hike Pushes Ad-Free Tier to $21.49, With Hulu Repriced Too
The Disney+ price hike lifts the ad-free plan to $21.49 a month, a 13% jump, as Hulu matches and the $12.99 ad-supported bundle stays flat.
AI Beats
Oracle Cloud Layoffs: Leaked Filing Names 546 ACI Roles as Restructuring Bill Climbs to $2.8B [Update]
Oracle cloud layoffs: a leaked filing names 546 ACI roles, including 128 managers, as restructuring costs rise to $2.8B and FY2027 capex reaches $95B.
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Toyota Factory Robots: A ¥1 Trillion Bet on Retiring Craft Skills
Toyota factory robots scale to 400,000 units from 2028 on up to ¥1 trillion a year, betting behaviour models can absorb retiring craft skills.
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AI Inference Funding Surges as Modal Labs and Baseten Chase $15B and $26B Valuations
AI inference funding hits new highs as Modal Labs and Baseten negotiate rounds at roughly $15B and $26B, tripling and doubling prior valuations.
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Amazon Boomerang Hiring Turns 30,000 Job Cuts Into an AI Talent Pipeline
Amazon boomerang hiring targets laid-off staff for AI, ML and cloud roles after 30,000 cuts, signalling a skills reallocation rather than pure automation.
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Inside ABB's Infinitus DC Portfolio: 800 VDC Power for 1-MW AI Racks
ABB's Infinitus DC portfolio brings 800 VDC source-to-rack power to AI data centers, claiming over 5% efficiency gains as racks approach 1 MW.
AI Beats
Impulse Space Space Force Contract Hits $28M for a 2029 Orbital Watch Mission
The Impulse Space Space Force contract funds a $28M space domain awareness mission using a Mira spacecraft and an MIT Lincoln Laboratory optical payload.
AI Beats
Iambic Therapeutics IPO Puts AI Drug Discovery's Public-Market Value to the Test
Iambic Therapeutics IPO: the Nvidia- and QIA-backed AI drug discovery firm files an S-1 for a Nasdaq listing under IAM to fund three cancer programs.
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Anthropic 1 Gigawatt Data Center Lease Talks Shift Compute Risk to Private Capital
Anthropic 1 gigawatt data center lease talks with Apollo-owned Stream Data Centers put AI compute financing and Google's guarantor role in focus.
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Samsung AI RAN Contracts Make It Korea's Anchor Vendor for Private 5G
Samsung AI RAN contracts with KT and SK Telecom cover private 5G at shipyards and petrochemical plants, testing robots ahead of AI-native 6G.
AI Beats
Illinois AI Safety Audits Set National Precedent as Pritzker Convenes Oversight Cabinet
Illinois AI safety audits make the state the first to require independent third-party review of frontier AI developers, starting January 1, 2028.
AI Beats
Spire Global NOAA Contract Jumps to $33.2 Million for Weather Data
The Spire Global NOAA contract is worth $33.2 million over two years, with options to about $66 million. What the task order signals for weather data.
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Tekever Series D Closes at $580M, Valuing Drone Maker at $6.4B
Tekever Series D funding raises $580M led by UC Investments and Baillie Gifford, valuing the defence drone maker at $6.4 billion.
AI Beats
Mirendil Funding Round Nears $5 Billion as Investors Bet on Self-Improving AI
The Mirendil funding round could reach $1 billion at a $5 billion valuation, with Kleiner Perkins and a16z weighing a bet on self-improving AI.