Lithuanian startup Nexos.ai, co-founded by Nord Security's Tomas Okmanas and Eimantas Sabaliauskas, has completed a €30 million (approximately $35 million) Series A funding round. The investment, co-led
Major artificial intelligence (AI) companies are increasingly developing large-scale data centers in the United States, primarily in Texas and Louisiana, that rely on natural gas, often sourced through hydraulic fracturing,
SEOUL – SK Telecom’s recently established AI division, AI CIC, has initiated a voluntary retirement program for its employees, weeks after its formal launch. The South Korean telecommunications company confirmed
OpenAI, a prominent artificial intelligence developer, is generating an estimated $13 billion in annual revenue, primarily through consumer subscriptions to its AI services. This financial inflow comes as the company
OpenAI, the artificial intelligence research organization, announced on Monday a strategic partnership with semiconductor manufacturer Broadcom for the development and deployment of custom AI accelerator hardware. This collaboration is set
Google announced on Tuesday a $15 billion investment to establish a 1-gigawatt data center and artificial intelligence (AI) hub in Visakhapatnam, India. The investment, Google's largest in the
OpenAI, the artificial intelligence research company, is navigating intensifying scrutiny over its operational practices and policy approaches following the launch of its Sora video generation tool, ongoing copyright disputes, and
Leading technology companies are intensifying investments in artificial intelligence infrastructure, committing trillions of dollars to cloud services and data center development, according to recent industry analyses. Jensen Huang, CEO of
Rishi Sunak, who served as the United Kingdom's Prime Minister from 2022 to 2024, has accepted senior advisory positions at Microsoft and artificial intelligence firm Anthropic, according to
Microsoft has officially launched its first large-scale artificial intelligence system, characterized as an "AI factory," within its global Azure data center infrastructure. Showcased by CEO Satya Nadella, the
Reflection AI, a startup founded by former Google DeepMind researchers, has completed a funding round of $2 billion, elevating its valuation to $8 billion. This financing marks a significant increase
San Francisco, CA – Tigris Data, a startup specializing in AI-native storage solutions, has announced the close of a $25 million Series A funding round. The investment, led by Spark Capital
