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Eagle Point Credit Management is providing about $1.3 billion to help build a large Texas data center that will house Anthropic. The loan is part of a much larger financing package supporting the infrastructure behind the AI boom.
Relativity Networks raised $22 million through a SAFE and secured a $40 million order from a large cloud provider. The Orlando-based company is developing fibre technology intended to accelerate connectivity inside AI data centres.
Callosum has raised $100 million in early financing to develop software that matches specific AI tasks with suitable models and chips. Backers include the UK’s public AI fund.
MiniMax Design uses an Agent to orchestrate multiple models for professional content production. Its positioning reflects a broader shift in AI video competition from model capabilities alone toward integrated products and measurable commercial value.
Nokia is reportedly planning further layoffs, facility closures, and a major reduction of its mainland China operations, potentially retaining only limited after-sales services. The retreat is part of a global restructuring toward AI and cloud businesses, but it may reduce Nokia’s access to China’s large-scale 5G deployment data needed for AI-RAN and future 6G research.
FinSkillBench is a new benchmark for testing AI agents on portfolio construction, risk management, and fundamental analysis. Across nine models, curated procedural skills raised mean performance from 0.366 to 0.528, while self-generated skills delivered little benefit.
Xiaomi stabilized in Q2 2026 while expanding its AI strategy across models, chips, and robotics. Its MiMo-V2.5 model led OpenRouter call charts, the Xuanjie chip passed mass verification, and a humanoid robot began factory operations with a reported 98% success rate.
OpenAI reaffirmed Zero Data Retention for eligible API customers using frontier models. It also previewed Private Safety Processing, designed to support advanced AI safety work without compromising customer data privacy.
OpenAI said it will enhance safety processes for paying users who access its most advanced AI models. The move responds to customers using AI for increasingly complex tasks and handling more sensitive information.
Eagle Point Credit Management is providing roughly $1.3 billion in private credit for a large Texas data center tied to Anthropic. The financing gives the investment firm a significant role in a major AI infrastructure project.