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Nebius Seeks $4.5B for AI Data Centers
Nebius Group is seeking to raise $4.5 billion through convertible bonds. The company plans to use the capital as it builds data centers to meet demand for artificial intelligence services.
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Alibaba Cloud Expands South Korea AI Infrastructure
Alibaba Cloud has launched its third data center in South Korea, adding enterprise cloud capacity and six Agentic AI services. The expansion will contribute to a global network reaching 104 availability zones.
Google Lets Readers Favor Trusted Publishers
Google is introducing a button that lets readers mark publishers as preferred sources across Search, Discover, and Google News. The feature could help publishers recover traffic as AI-powered search generates fewer direct clicks to websites.
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Alibaba Bets Nearly $10 Billion on AI
Alibaba’s profit plunged after it raised quarterly capital expenditure for AI to nearly $10 billion. The report also examines Meta’s growing role as a Microsoft AI customer and Castelion’s plans to scale hypersonic missile production.
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Mayfield Doubles Down on Pre-Product AI Founders
Mayfield has invested more than $3 billion in AI companies, often before founders have built products or formally incorporated. Managing Partner Navin Chaddha explains the firm’s belief in AI as a potential “100x opportunity” and its decision to remain focused on early-stage investing.
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Anthropic Eyes SpaceX-Sized IPO
Anthropic reportedly expects its initial public offering to match or exceed SpaceX’s record-setting IPO size. Preparations for the AI company’s debut are accelerating, according to people familiar with the matter.
Meta Launches Pocket’s AI Game Creation in the US
Meta is expanding Pocket, an experimental AI-powered app for creating and sharing interactive games, to users across the U.S. The app was previously tested quietly in Brazil.
Canada’s AI Autonomy Faces US Trade Pressure
The US Trade Representative’s reference to “digital trade alignment” in talks with Prime Minister Mark Carney’s government is raising concerns in Canada. Critics worry the agreement could limit Canada’s ability to independently regulate technology companies and AI.
Waymo Builds Custom Chip for Smarter Robotaxis
Waymo has developed a custom chip designed to improve the performance of its robotaxis. The chip also reduces the company’s reliance on third-party suppliers such as Nvidia.
AMACO’s HERCULES Reimagines AI Data-Centre Power
AMACO’s $1.5 billion HERCULES project in Kenya combines electricity generation, cooling, and AI data-centre infrastructure. Its initial design uses liquefied natural gas to reduce reliance on the national grid, with future support for renewable energy and hydrogen.