Court documents obtained by The New York Times reveal a closer-than-expected relationship between Google and San Francisco-based AI startup Anthropic. The filings show Google currently holds a 14% stake in Anthropic and plans to invest a further $750 million this year through a convertible debt agreement. This brings Google's total investment in Anthropic to over $3 billion. Image caption: Image generated by AI, licensed through Midjourney.

Dexterity, a leading AI-powered robotics company, has announced a $95 million funding round, boosting its valuation to $1.65 billion. This significant investment highlights the growing interest in and potential of AI-driven automation in various industries.

GPU cloud services company CoreWeave recently announced a five-year, $119 billion strategic partnership agreement with OpenAI. Under the agreement, CoreWeave will provide OpenAI with the necessary computing power to support the training and delivery of its AI models. This significant deal marks a deepening collaboration between the two companies in the field of artificial intelligence. As part of the collaboration, CoreWeave will also issue $3...

CoreWeave, an Nvidia-backed AI startup, has announced a five-year, $11.9 billion contract with OpenAI. This deal comes as CoreWeave prepares for an upcoming IPO and provides a significant boost to the company. Image note: Image generated by AI, image licensing provider Midjourney, based on CoreWeave's announcement. The company will provide AI infrastructure for OpenAI.

Reports suggest that ServiceNow, a US software company, is in acquisition talks with AI-powered employee assistant provider Moveworks. This deal could be ServiceNow's largest acquisition ever, potentially reaching $3 billion. While discussions are reportedly in advanced stages, sources indicate the possibility of delays or the deal falling apart.

California Senator Jerry McNerney introduced the "No Robo Bosses Act" on Thursday. This bill, Senate Bill 7, seeks to ensure human oversight of artificial intelligence (AI) decision-making in the workplace, making it a first-of-its-kind proposal nationwide. The bill would prohibit California employers from solely relying on AI or automated decision systems (ADS) for hiring, promotion, discipline, or termination.

Shenzhen's State-owned Assets Supervision and Administration Commission (SASAC) announced plans to establish a 500 billion yuan ($69.4 billion USD) state-owned fund to focus on cutting-edge technologies, including artificial intelligence and robotics. The fund aims to support technology companies at all stages of development, from seed and angel rounds to Series A, B, C, and even IPO. This initiative is part of a broader strategy to build a comprehensive technological innovation fund network, encompassing a '20+8' full industrial chain, aligning with the city's government policies. Image caption omitted.

Anthropic, a leading AI company, has announced a significant $3.5 billion funding round, boosting its valuation to $61.5 billion. This substantial investment underscores the intense competition and rapid growth within the AI sector.

Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest semiconductor manufacturer, announced plans to invest at least $100 billion in the United States over the next four years to build multiple new chip fabrication facilities. The announcement was made at a press conference with former US President Trump. TSMC CEO C.C. Wei stated that the investment would primarily focus on expanding its Arizona facilities. Wei added, "We will produce many AI chips to support the progress of Artificial Intelligence." This new commitment builds upon TSMC's previous pledge of a $65 billion US investment.

According to Reuters, citing sources and a report by The Information, SoftBank CEO Masayoshi Son is reportedly planning to borrow $160 billion for investments in artificial intelligence (AI). The report states that company executives confirmed this intention during talks with banks last week. This move signals SoftBank's continued expansion in the AI sector, particularly amid intensifying global tech competition. Beyond the planned $160 billion, SoftBank is projected to have...

This funding will primarily be used to drive technological innovation and ecosystem development of the domestically produced GLM large model. As one of the earliest AI companies in China to open-source large models, Zhipu has been committed to promoting the widespread application of AI technology. This funding will allow Zhipu to increase investment in technological R&D and ecosystem construction to better serve the booming economy of Zhejiang Province and the Yangtze River Delta region.

At MWC2025 in Shanghai, Honor's new CEO, Jian Li, unveiled the company's ambitious new AI strategy: the Alpha Plan. This plan commits $10 billion over the next five years to building a global AI device ecosystem in collaboration with worldwide partners. This marks Honor's significant transformation from a smartphone manufacturer to a global AI terminal ecosystem company.

Xiaomi Group CEO Lei Jun announced at the launch event for the Xiaomi 15 Ultra and Xiaomi SU7 Ultra that Xiaomi's R&D investment is expected to exceed 24 billion yuan in 2024 and reach 30 billion yuan in 2025. Approximately a quarter of the 2025 R&D budget will be allocated to AI and related businesses. Lei Jun also stated that the projected R&D investment will reach 105 billion yuan over the next five years.