AI Industry Development & Policy Dynamics

According to Intelligencer's courtroom report, Sam Altman testified during recent OpenAI litigation that Elon Musk interrupted a critical merger discussion between OpenAI and Tesla by pulling out his phone to show memes. Altman recalled that Musk insisted everyone view the images for an extended

According to TechCrunch, Exaforce raised $125 million in Series B funding at a $725 million valuation as enterprises increase spending on tools to detect and respond to cyberattacks. The round was led by HarbourVest, Peak XV, Mayfield, Khosla Ventures, and Seligman Ventures, bringing the AI

According to a statement made by Bitdeer Group Chairman Wu Jihan on X on May 12, Wu Jihan said: “The next target for GPU deployment is 10k units, then 100k units, and then 1 million units.” On the same day, Bitdeer released its April unaudited production and operations update, with AI cloud business annual recurring revenue (ARR) up 60% month over month to $69 million. AI Cloud Business: ARR Rises 60% Month over Month to $69 Million (Source: Bitdeer) Based on Bitdeer’s April operating update, th

According to White House confirmation, Nvidia CEO Jensen Huang will accompany President Trump to China on May 13. Huang has already boarded Air Force One to travel to China.

According to CEO Jan Oberhauser, Germany's SAP has invested in Berlin-based workflow automation startup n8n through a secondary share sale, valuing the company at $5.2 billion. SAP also signed a multiyear agreement to integrate n8n tools into its Joule Studio AI builder as it expands its AI

Meta is testing a new Threads feature that allows users with public accounts to mention @meta.ai in posts and replies to receive answers and context, according to TechCrunch. The beta rollout is currently active in Malaysia, Saudi Arabia, Mexico, Argentina, and Singapore. Feature Functionality Th

According to Bloomberg, Anthropic launched 12 legal plugins for Claude on May 12, featuring contract review, bar exam preparation, and integrations with DocuSign, Thomson Reuters, and Harvey. The plugins will be available to paying customers through Claude Cowork, Anthropic's office AI product, and

According to Beating, Google officially launched Googlebook, a new notebook category that marks the end of Chromebook's 15-year cloud-first era. The device combines ChromeOS and Android technology stacks, powered natively by Gemini, with first devices launching this fall. Googlebook will be

According to Altman's testimony in federal court on Tuesday, Sam Altman revealed that Elon Musk had demanded control of OpenAI and proposed making it a Tesla subsidiary in 2018. When other founders questioned what would happen to the company after his death, Musk responded: "Maybe I should pass it t

According to Bloomberg, Isomorphic Labs, a drug discovery company spun out of Google DeepMind in 2021, raised $2.1 billion in a Series B funding round led by Thrive Capital on May 12. Alphabet, MGX, Temasek, CapitalG, GV, and the UK Sovereign AI Fund also participated in the round. The company

According to CNBC, SoftBank invested $457 million in UK AI chipmaker Graphcore through a single share issue filed on April 10. A Graphcore spokesperson confirmed the funding came from SoftBank. The British startup, which develops AI chips and systems, was acquired by SoftBank in 2024.

According to Reuters, Google is in talks with SpaceX on a rocket launch agreement for orbital data centers as the company explores relocating computing infrastructure to space. The company announced in November that its Project Suncatcher initiative plans to launch two prototype satellites into orbi

According to TechCrunch, Vapi, a San Francisco-based AI voice agent software startup, raised $50 million in Series B funding led by Peak XV Partners, valuing the company at approximately $500 million. The round, which included M12, Kleiner Perkins, and Bessemer, brought Vapi's total funding to $72 m

According to a source familiar with the matter, Anthropic is in talks to acquire developer tools startup Stainless for at least $300 million on May 12. The deal may involve partial payment in Anthropic's own stock, though negotiations remain in early

According to sources familiar with the matter, Anthropic is in preliminary discussions with investors to raise at least $30 billion in new funding on May 13, marking the company's largest fundraising round to date. The AI company is seeking the capital at a valuation exceeding $900 billion.

Anthropic is currently in talks for at least $30 billion in a new round of funding, and its valuation target could exceed $900B; if the deal closes, it would become the largest fundraising round in the company’s history. The funds would be used to expand computing power infrastructure, support the growth of the Claude series, and may also conduct a public offering around October this year, as a final push before entering the public markets.

According to Google on May 12, the company introduced Gemini Intelligence, a new AI feature for Android that automates multi-step tasks across apps with user approval. The feature will initially launch this summer on Samsung Galaxy S26 and Google Pixel 10 devices before expanding to watches, cars, g

Microsoft internally projected a $92 billion return on its cumulative $13 billion investment in OpenAI, according to planning documents disclosed during CEO Satya Nadella's testimony in federal court in Oakland, California, on Monday, as reported by Bloomberg. The figure appeared in a January 2023 m

According to ChainCatcher, U.S. House Oversight Committee Chair James Comer recently demanded that OpenAI CEO Sam Altman disclose information about his personal investments and potential conflicts of interest with OpenAI. Comer's inquiry focuses on Altman's extensive investment portfolio, which