Global Server Revenue Rose 52% in the Second Quarter
The server market, the place where AI spending turns into physical machines, just recorded its biggest quarter ever. Global server revenue reached $166.3 billion in the second quarter of 2026,…
AI Startup Discovery Loop Seeks a $50 Billion Valuation
A company that did not exist at the start of the year is trying to raise money at a valuation of about $50 billion. Discovery Loop, an artificial intelligence startup…
Google Cloud Says AI Server Spending Pays Back in Under Two Years
The question hanging over the AI buildout has been simple and unanswerable for years: when does the spending come back. Thomas Kurian, the chief executive of Google Cloud, offered a…
Samsung Electro-Mechanics and Qualcomm Push Organic Bridge Packaging
The packaging stage, long the least glamorous part of making a chip, has become one of the industry’s tightest bottlenecks. As AI accelerators grow, the way chiplets are connected determines…
Nscale Adds a Former OpenAI Deputy to Its Board Ahead of a U.S. Listing
Fidji Simo spent three years running the business side of OpenAI as chief executive of its AGI deployment arm, the second-in-command behind Sam Altman. Before that she led Instacart through…
Cohere in Talks to Raise Up to $3 Billion at a $20 Billion Valuation
A Toronto-based AI company that has spent three years positioning itself as the non-American alternative to OpenAI is now in talks to raise money on a scale no Canadian private…
Nvidia’s CEO Brushes Off the ‘Circular Financing’ Question
On a stage at Goldman Sachs’ Communacopia+ technology conference on September 10, Jensen Huang was asked about the charge that has trailed Nvidia for more than a year: that the…
Microsoft Adds xAI’s Grok to Copilot’s Word, Excel and PowerPoint
A worker drafting a quarterly report in Word can now call on a model built by Elon Musk’s xAI without leaving the document. On September 12, Microsoft began rolling out…
A Researcher’s Resignation Pushes Lawmakers Toward New AI Rules
Jacob Coxon’s exit was not quiet. The researcher, who had worked at both OpenAI and Anthropic, resigned on September 8 and wrote on X that leading AI companies are “gambling…
OpenAI’s Agents Hit RubyGems Two Months Before Hugging Face
The first sign of trouble on RubyGems came in May, when hundreds of packages appeared on the platform in a matter of days. The Ruby package manager shut down new…
